SBACSBA CommunicationsNeutralSBA CommunicationsAMTAmerican TowerBullishAmerican TowerCCICrown CastleBullishCrown CastleADCAgree RealtyNeutralAgree RealtyAGNCAGNC InvestmentNeutralAGNC InvestmentCOLDAmericold Realty TrustNeutralAmericold Realty TrustDLRDigital Realty TrustNeutralDigital Realty TrustDOCHealthpeak PropertiesNeutralHealthpeak PropertiesEGPEastGroup PropertiesNeutralEastGroup PropertiesEPRTEssential PropertiesNeutralEssential PropertiesEQIXEquinixNeutralEquinixHSTHost Hotels & ResortsNeutralHost Hotels & ResortsIRMIron MountainNeutralIron MountainLINELineageNeutralLineageOHIOmega Healthcare InvtsNeutralOmega Healthcare InvtsPLDPrologisNeutralPrologisREXRRexford Industrial RealtyNeutralRexford Industrial RealtyTRNOTerreno RealtyNeutralTerreno Realty

1w ago on

Portfolio Weekly Summary - Oct 26, 2026 to Oct 30, 2026 Transactions Initiated: $BHR Added: $AMT $CCI Exited: $SBAC Dividend received: DOC, GOOD, LTC, RC Portfolio Performance Weekly: +0.07% Total return YTD: +4.20% Total return since inception (Feb 2022): +8.36% (1.78% annualized) Forward dividend yield: 5.74% Number of Holdings: 46 Top 30 Holdings 1. O 9.9% 2. EQIX 8.2% 3. ARE 6.0% 4. PLD 5.9% 5. LTC 5.7% 6. IRM 5.4% 7. CCI 5.1% 8. DLR 4.2% 9. AMT 3.9% 10. NHP 3.5% 11. ADC 3.1% 12. REXR 3.1% 13. OHI 2.9% 14. SPG 2.5% 15. MPT 2.3% 16. AGNC 2.2% 17. EPRT 2.2% 18. HST 2.0% 19. IIPR 2.0% 20. GOOD 2.0% 21. LINE 1.7% 22. TRNO 1.5% 23. CHCT 1.2% 24. EGP 1.1% 25. DOC 1.1% 26. BXDC 1.1% 27. HR 1.1% 28. COLD 1.0% 29. XRN 0.9% 30. BHR 0.8%

NeutralSBACSBA CommunicationsSBA CommunicationsADCAgree RealtyAgree RealtyAGNCAGNC InvestmentAGNC InvestmentAMTAmerican TowerAmerican TowerAREAlexandria Real EstateAlexandria Real EstateCCICrown CastleCrown CastleCOLDAmericold Realty TrustAmericold Realty TrustDLRDigital Realty TrustDigital Realty TrustDOCHealthpeak PropertiesHealthpeak PropertiesEGPEastGroup PropertiesEastGroup PropertiesEPRTEssential PropertiesEssential PropertiesEQIXEquinixEquinixHSTHost Hotels & ResortsHost Hotels & ResortsIRMIron MountainIron MountainLINELineageLineageOHIOmega Healthcare InvtsOmega Healthcare InvtsOUTOutfront MediaOutfront MediaPEBPebblebrook HotelPebblebrook HotelPLDPrologisPrologisREXRRexford Industrial RealtyRexford Industrial RealtyTRNOTerreno RealtyTerreno Realty

2w ago on

Portfolio Weekly Summary - Oct 19, 2026 to Oct 23, 2026 Transactions Initiated: $CCI $EGP Added: $AGNC $ARE $BXDC $EQIX $IRM Reduced: $AMT $SBAC Exited: $PEB $OUT Dividend received: AMT, LINE Portfolio Performance Weekly: +0.44% Total return YTD: +4.07% Total return since inception (Feb 2022): +8.33% (1.78% annualized) Forward dividend yield: 5.71% Number of Holdings: 46 Top 30 Holdings 1. O 10.0% 2. EQIX 7.8% 3. ARE 6.5% 4. PLD 5.9% 5. LTC 5.6% 6. IRM 5.1% 7. DLR 4.0% 8. CCI 4.0% 9. NHP 3.6% 10. REXR 3.2% 11. ADC 3.1% 12. OHI 2.9% 13. MPT 2.8% 14. AMT 2.6% 15. SPG 2.5% 16. AGNC 2.3% 17. EPRT 2.2% 18. SBAC 2.2% 19. GOOD 2.1% 20. IIPR 2.1% 21. HST 2.0% 22. LINE 1.7% 23. TRNO 1.5% 24. CHCT 1.2% 25. EGP 1.2% 26. DOC 1.1% 27. BXDC 1.1% 28. HR 1.0% 29. COLD 1.0% 30. XRN 0.9%

SBACSBA CommunicationsNeutralSBA CommunicationsCCICrown CastleBullishCrown CastleSPCXSpaceXNeutralSpaceXAMTAmerican TowerBearishAmerican Tower

2w ago on

I’m back in $CCI and have trimmed $AMT and $SBAC. If deals with $SPCX come through, $CCI would be the cleanest play because of its heavier tilt toward urban/metro in the US. My target ratio is 4:4:2 among the cell tower REITs. With renewed attention on the value of tower infrastructure and potentially other satellite-based mobile competitors emerging, a sustained shift in investor sentiment could support a re-rating. This could also reignite acquisition discussions around $SBAC, although its US footprint is smaller.

SBACSBA CommunicationsNeutralSBA CommunicationsADCAgree RealtyBullishAgree RealtyAGNCAGNC InvestmentBullishAGNC InvestmentDLRDigital Realty TrustBullishDigital Realty TrustEPRTEssential PropertiesBullishEssential PropertiesEQIXEquinixBullishEquinixFRMIFermiBullishFermiIRMIron MountainBullishIron MountainORealty IncomeBullishRealty IncomePLDPrologisBullishPrologisAMTAmerican TowerNeutralAmerican TowerCOLDAmericold Realty TrustNeutralAmericold Realty TrustDOCHealthpeak PropertiesNeutralHealthpeak PropertiesHSTHost Hotels & ResortsNeutralHost Hotels & ResortsINVHInvitation HomesNeutralInvitation HomesLINELineageNeutralLineageOHIOmega Healthcare InvtsNeutralOmega Healthcare InvtsOUTOutfront MediaNeutralOutfront MediaREXRRexford Industrial RealtyNeutralRexford Industrial RealtyTRNOTerreno RealtyNeutralTerreno RealtyCCICrown CastleBearishCrown Castle

3w ago on

Portfolio Weekly Summary - Oct 12, 2026 to Oct 16, 2026 Transactions Initiated: $FRMI Added: $ADC $AGNC $DLR $EPRT $EQIX $IRM $NHP $O $PLD Exited: $CCI $DEA Dividend received: ACRE, AFCG, APLE, ARE, COLD, EPR, EPRT, FBRT, GNL, HST, IIPR, INVH, MRP, NHP, O, ONL, REXR, XRN Portfolio Performance Weekly: -0.72% Total return YTD: +3.52% Total return since inception (Feb 2022): +8.13% (1.75% annualized) Forward dividend yield: 5.70% Number of Holdings: 46 Top 30 Holdings 1. O 10.2% 2. EQIX 7.8% 3. PLD 6.1% 4. ARE 6.1% 5. LTC 5.8% 6. IRM 4.8% 7. DLR 4.3% 8. AMT 4.0% 9. NHP 3.7% 10. MPT 3.3% 11. ADC 3.2% 12. SBAC 3.2% 13. REXR 3.1% 14. OHI 3.0% 15. SPG 2.5% 16. GOOD 2.3% 17. EPRT 2.2% 18. AGNC 2.1% 19. IIPR 2.1% 20. HST 2.0% 21. LINE 1.6% 22. TRNO 1.6% 23. OUT 1.5% 24. CHCT 1.3% 25. DOC 1.1% 26. HR 1.1% 27. COLD 1.0% 28. XRN 1.0% 29. BXDC 0.9% 30. STWD 0.8%

SBACSBA CommunicationsNeutralSBA CommunicationsADCAgree RealtyBullishAgree RealtyEPRTEssential PropertiesBullishEssential PropertiesHSTHost Hotels & ResortsBullishHost Hotels & ResortsORealty IncomeBullishRealty IncomeOUTOutfront MediaBullishOutfront MediaPEBPebblebrook HotelBullishPebblebrook HotelAGNCAGNC InvestmentNeutralAGNC InvestmentAMTAmerican TowerNeutralAmerican TowerCCICrown CastleNeutralCrown CastleCOLDAmericold Realty TrustNeutralAmericold Realty TrustDLRDigital Realty TrustNeutralDigital Realty TrustDOCHealthpeak PropertiesNeutralHealthpeak PropertiesEQIXEquinixNeutralEquinixIRMIron MountainNeutralIron MountainLINELineageNeutralLineageOHIOmega Healthcare InvtsNeutralOmega Healthcare InvtsPLDPrologisNeutralPrologisREXRRexford Industrial RealtyNeutralRexford Industrial RealtyTRNOTerreno RealtyNeutralTerreno Realty

10/10/2026 on

Portfolio Weekly Summary - Oct 5, 2026 to Oct 9, 2026 Transactions Initiated: $ADC $OUT $PEB Added: $APLE $EPRT $HST $O Reduced: $AMT $CCI $DOC $SBAC Dividend received: AGNC, AHRT, MPT, OLP, TRNO Portfolio Performance Weekly: +0.06% Total return YTD: +3.77% Total return since inception (Feb 2022): +8.87% (1.91% annualized) Forward dividend yield: 5.84% Number of Holdings: 47 Top 30 Holdings (by weight) 1. O 9.4% 2. ARE 7.0% 3. EQIX 7.0% 4. LTC 6.0% 5. PLD 5.8% 6. IRM 4.4% 7. AMT 4.2% 8. MPT 3.6% 9. NHP 3.6% 10. DLR 3.5% 11. REXR 3.3% 12. SBAC 3.3% 13. OHI 3.1% 14. SPG 2.6% 15. GOOD 2.5% 16. IIPR 2.2% 17. HST 2.0% 18. AGNC 1.9% 19. LINE 1.8% 20. TRNO 1.7% 21. EPRT 1.6% 22. OUT 1.5% 23. DEA 1.5% 24. CHCT 1.4% 25. DOC 1.2% 26. XRN 1.2% 27. HR 1.1% 28. COLD 1.1% 29. BXDC 1.1% 30. CCI 1.0%