Uniplan Investment Counsel, Inc.

CIK 0001520710 · Q1 2026

13F Equity AUM

$973.9M

-2.2% QoQ

Positions

183

-3 QoQ

AUM Rank

#2,844

Top 23%

Skill Alpha (FF)

-3.6%/yr^ns

No Clear Edge

Rank #6,776 · Top 82%

vs S&P -9.6%/yr (unadj.)

Quarters Tracked

~11 years

Portfolio Concentration

Top 5: 22.4%Top 10: 37.0%Top 20: 51.9%

EQIX5.7%

WELL5.6%

AMT3.9%

SPG3.8%

USFR3.4%

PLD3.3%

EGP2.9%

TRNO2.9%

VEN2.8%

KRG2.8%

Others (173)63.0%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Real Estate62.8%

Financial Services9.0%

Industrials6.5%

Healthcare5.3%

Energy5.2%

Technology2.7%

Consumer Defensive2.5%

Other6.0%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 183Median: 0.25%Avg: 0.55%

0–0.5%

130(23.3%)

0.5–1%

30(21.5%)

1–3%

17(29.5%)

3–5%

4(14.4%)

5%+

2(11.3%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 170Unique: 13vs 20 funds

2.3%Low

183

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

MORGAN STANLEY

3.1%

BlackRock, Inc.

BANK OF AMERICA CORP /DE/

3.3%

JPMORGAN CHASE & CO

3.2%

STATE STREET CORP

4.5%

GEODE CAPITAL MANAGEMENT, LLC

4.4%

VANGUARD CAPITAL MANAGEMENT LLC

4.3%

VANGUARD PORTFOLIO MANAGEMENT LLC

FMR LLC

4.5%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New44Increased41Decreased98Exited47

New Positions

LAMR0.3%

+24K

EQR0.3%

+50K

TRVC0.3%

+25K

ATEN0.3%

+106K

IMA0.2%

+46K

NGS0.2%

+44K

HUN0.1%

+95K

Okeanis Eco Tankers …0.1%

+23K

HZO0.1%

+43K

VOXR0.1%

+222K

Increased

USFR3.4%

+404K(+164%)

WY0.9%

+125K(+49%)

O2.1%

+120K(+55%)

XRN0.8%

+114K(+91%)

FR0.6%

+76K(+293%)

SUI1.6%

+67K(+121%)

MNTN0.1%

+62K(+63%)

HST0.8%

+57K(+16%)

FQI2.4%

+53K(+71%)

PBI 6.7 03/07/430.2%

+53K(+121%)

Decreased

GLPI0.2%

-291,164(-89%)

WULF0.8%

-117,130(-19%)

8CW1.3%

-91,701(-37%)

LINC0.9%

-87,886(-28%)

KRG2.8%

-73,168(-6%)

FPI0.9%

-66,672(-7%)

PSTLEUR0.3%

-54,577(-23%)

CPT0.4%

-51,691(-54%)

COLL0.2%

-42,992(-38%)

DHT0.4%

-41,776(-17%)

Exited

-182,484

-272,240

-114,349

-35,264

-96,789

-167,663

-63,150

-10,507

-187,294

-181,429

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...