US REITs.
We resolve 80% of VNQ’s reported NAV to covered tickers; the remaining ~20% is cash, non-equity, foreign lines and names we don’t cover — the honest tail of a CUSIP-based resolution, not a data gap you should read as holdings we hid.
Covered positions by weight, as of 2026-04-30. Each links to its stock page and our full verdict.
| # | Holding | Our call | % of NAV | Value |
|---|---|---|---|---|
| 1 | WELL | Hold | 7.84% | $5.48B |
| 2 | PLD | Hold | 7.00% | $4.90B |
| 3 | EQIX | Hold | 5.64% | $3.95B |
| 4 | AMT | Hold | 4.54% | $3.18B |
| 5 | DLR | Hold | 3.66% | $2.56B |
| 6 | SPG | Hold | 3.53% | $2.47B |
| 7 | O | Hold | 3.11% | $2.18B |
| 8 | PSA | Hold | 2.54% | $1.77B |
| 9 | CBRE | Buy | 2.25% | $1.58B |
| 10 | VTR | Hold | 2.19% | $1.53B |
| 11 | CCI | Hold | 2.05% | $1.44B |
| 12 | IRM | Hold | 1.98% | $1.38B |
| 13 | EXR | Hold | 1.61% | $1.13B |
| 14 | VICI | Buy | 1.58% | $1.10B |
| 15 | AVB | Hold | 1.38% | $962M |
| 16 | EQR | Hold | 1.25% | $877M |
| 17 | SBAC | Hold | 1.25% | $875M |
| 18 | WY | Hold | 0.94% | $656M |
| 19 | ESS | Hold | 0.90% | $629M |
| 20 | INVH | Hold | 0.89% | $622M |
| 21 | KIM | Hold | 0.85% | $594M |
| 22 | SUI | Hold | 0.84% | $587M |
| 23 | MAA | Hold | 0.80% | $562M |
| 24 | JLL | Buy | 0.80% | $557M |
| 25 | HST | Buy | 0.77% | $539M |
| 26 | OHI | Hold | 0.74% | $515M |
| 27 | GLPI | Buy | 0.73% | $509M |
| 28 | REG | Buy | 0.72% | $502M |
| 29 | LAMR | Hold | 0.63% | $440M |
| 30 | ELS | Hold | 0.62% | $433M |
| 31 | UDR | Hold | 0.61% | $424M |
| 32 | DOC | Hold | 0.60% | $417M |
| 33 | CPT | Hold | 0.59% | $415M |
| 34 | BRX | Hold | 0.49% | $342M |
| 35 | FRT | Buy | 0.48% | $337M |
| 36 | CUBE | Hold | 0.48% | $337M |
| 37 | AHR | Hold | 0.48% | $334M |
| 38 | CTRE | Buy | 0.47% | $327M |
| 39 | BXP | Hold | 0.46% | $322M |
| 40 | REXR | Hold | 0.44% | $310M |
| 41 | NNN | Hold | 0.44% | $309M |
| 42 | Z | Buy | 0.39% | $276M |
| 43 | TRNO | Buy | 0.36% | $250M |
| 44 | ARE | Hold | 0.33% | $234M |
| 45 | RHP | Buy | 0.33% | $234M |
| 46 | HR | Hold | 0.33% | $232M |
| 47 | EPRT | Buy | 0.33% | $231M |
| 48 | RYN | Buy | 0.32% | $226M |
| 49 | KRG | Hold | 0.30% | $210M |
| 50 | MAC | Hold | 0.30% | $207M |
| 51 | SBRA | Buy | 0.27% | $191M |
| 52 | PECO | Buy | 0.27% | $188M |
| 53 | VNO | Hold | 0.26% | $181M |
| 54 | OPEN | Avoid | 0.26% | $181M |
| 55 | COMP | Hold | 0.26% | $181M |
| 56 | MRP | Hold | 0.25% | $176M |
| 57 | OUT | Hold | 0.25% | $172M |
| 58 | SKT | — | 0.23% | $158M |
| 59 | IRT | — | 0.21% | $145M |
| 60 | BNL | — | 0.20% | $139M |
| 61 | KRC | — | 0.20% | $139M |
| 62 | CDP | — | 0.19% | $131M |
| 63 | COLD | — | 0.18% | $129M |
| 64 | CWK | — | 0.17% | $121M |
| 65 | NSA | Hold | 0.17% | $116M |
| 66 | LXP | — | 0.16% | $112M |
| 67 | SLG | — | 0.16% | $112M |
| 68 | AKR | — | 0.15% | $105M |
| 69 | UE | — | 0.15% | $102M |
| 70 | FCPT | — | 0.14% | $101M |
| 71 | HIW | — | 0.14% | $99.2M |
| 72 | CURB | — | 0.14% | $97.2M |
| 73 | LINE | Hold | 0.13% | $93.8M |
| 74 | IVT | — | 0.13% | $92.6M |
| 75 | NMRK | — | 0.13% | $90.7M |
| 76 | JOE | — | 0.13% | $90.0M |
| 77 | PK | — | 0.12% | $85.1M |
| 78 | ZG | Hold | 0.11% | $78.1M |
| 79 | HHH | — | 0.11% | $75.5M |
| 80 | MPT | — | 0.11% | $75.0M |
| 81 | LB | Hold | 0.10% | $71.0M |
| 82 | GNL | — | 0.10% | $70.0M |
| 83 | GTY | — | 0.10% | $67.5M |
| 84 | DEI | — | 0.10% | $67.2M |
| 85 | SHO | — | 0.09% | $65.8M |
| 86 | SMA | — | 0.09% | $64.7M |
| 87 | NTST | — | 0.09% | $63.8M |
| 88 | SILA | — | 0.09% | $62.3M |
| 89 | PEB | — | 0.08% | $59.3M |
| 90 | XHR | — | 0.08% | $57.3M |
| 91 | IIPR | — | 0.08% | $56.4M |
| 92 | DHC | — | 0.07% | $47.5M |
| 93 | KW | — | 0.06% | $44.6M |
| 94 | CSR | — | 0.06% | $42.3M |
| 95 | RLJ | — | 0.06% | $41.6M |
| 96 | PDM | — | 0.06% | $38.7M |
| 97 | AAT | — | 0.05% | $37.7M |
| 98 | SVC | — | 0.05% | $33.7M |
| 99 | JBGS | — | 0.05% | $33.0M |
| 100 | ESRT | — | 0.04% | $29.8M |
| 101 | SAFE | — | 0.04% | $27.7M |
| 102 | MMI | — | 0.04% | $26.1M |
| 103 | CBL | — | 0.04% | $25.6M |
| 104 | CTO | — | 0.03% | $24.3M |
| 105 | NXRT | — | 0.03% | $23.1M |
| 106 | GOOD | — | 0.03% | $22.6M |
| 107 | ALX | — | 0.03% | $21.5M |
| 108 | AIV | — | 0.03% | $21.3M |
| 109 | FOR | — | 0.03% | $21.3M |
| 110 | INN | — | 0.03% | $20.1M |
| 111 | UHT | — | 0.03% | $19.9M |
| 112 | BDN | — | 0.03% | $19.5M |
| 113 | AGNT | — | 0.03% | $18.5M |
| 114 | CHCT | — | 0.03% | $18.1M |
| 115 | AHRT | — | 0.03% | $18.1M |
| 116 | BFS | — | 0.02% | $17.2M |
| 117 | XRN | — | 0.02% | $16.6M |
| 118 | FPI | — | 0.02% | $16.3M |
| 119 | CLDT | — | 0.02% | $14.8M |
| 120 | TRC | — | 0.02% | $14.7M |
| 121 | OLP | — | 0.02% | $13.7M |
| 122 | LAND | — | 0.02% | $12.6M |
| 123 | SITC | — | 0.01% | $10.1M |
| 124 | SRG | — | 0.01% | $3.51M |
Source: SEC Form N-PORT-P (the fund’s latest public fiscal-quarter-end report, filed ~2 months after the period). Weights and values are as reported in the filing — a delayed snapshot, not a live book. Positions are resolved to tickers via the filing’s identifiers and CUSIP mapping; unresolved lines are excluded. “Our call” is TENK/calls’s independent SEC-grounded verdict, not the fund’s view. No market-price data is used on this page.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.