Alexandria Real Estate Equities

ARE • NYSE

Alexandria Real Estate Equities is a reit - office company in the real estate sector on NYSE, with a market cap of $8.1B. As of Q3 2025, 87% of shares are held by 675 institutional investors, with VANGUARD GROUP INC as the largest holder at 15.12%.

Market Cap$8.1B

REIT - Office

Real Estate

Employees568.0

Websiteare.com

Country

United States of America

Overview

Overview of institutional ownership in ARE as of Q3 2025 with a market cap of $14.2B

All Institutions

Institutions: 675
Value Held: $12.3B
Shares Held: 148.1M
Avg Position: $18.3M
Median Position: $932.3K

Hedge Funds

Hedge Funds: 32
Value Held: $456.8M
Shares Held: 5.5M
Avg Position: $14.3M
Median Position: $2.3M

Ownership Breakdown

Institutional (non-HF)

83.58%

$11.9B

Hedge Funds

3.21%

$456.8M

Retail & Other

13.21%

$1.9B

Based on market cap of $14.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ARE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.2B 0.03% of portfolio	15.12% 25.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.4B 0.03% of portfolio	10.12% 17.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$954.1M 0.03% of portfolio	6.60% 11.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	$558.6M 4.12% of portfolio	3.92% 6.7M shares	≤ Q2 2013 Held for 12y 5m+	$13.5B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$366.2M 0.02% of portfolio	2.58% 4.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$318.5M 0.05% of portfolio	2.24% 3.8M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
C Capital World Investors Institution	-	$307.6M 0.04% of portfolio	2.16% 3.7M shares	Q4 2024 Held for 11 months	$730.00B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$239.3M 0.02% of portfolio	1.68% 2.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$229.4M 0.01% of portfolio	1.61% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$215.2M 0.03% of portfolio	1.51% 2.6M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B

Net Capital Flow

Institutional buying and selling activity for ARE in Q3 2025

Traded: +$333.5M
Buyers: 415
Sellers: 262
Total Bought: +$1.1B
Total Sold: −$764.6M
Avg Position: $16.5M

Biggest Buyers

Institution	Net Bought	Current Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$137.7M +1.7M shares	$151.2M 1.8M shares
MORGAN STANLEY RIA/Wealth	+$70.4M +845.1K shares	$229.4M 2.8M shares
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	+$61.3M +735.0K shares	$61.3M 735.0K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$43.9M +531.7K shares	$211.7M 2.6M shares
GOLDMAN SACHS GROUP INC Institution	+$43.1M +516.6K shares	$195.5M 2.3M shares
NFJ INVESTMENT GROUP, LLC Long Only Manager	+$36.1M +432.9K shares	$96.8M 1.2M shares
DUFF & PHELPS INVESTMENT MANAGEMENT CO Real Assets	+$35.5M +425.4K shares	$37.5M 450.1K shares
STATE STREET CORP Institution	+$33.8M +399.3K shares	$954.1M 11.3M shares
CBRE CLARION SECURITIES LLC Real Assets	+$25.2M +301.9K shares	$41.0M 491.4K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$24.1M +289.1K shares	$24.1M 289.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$172.0M −2.1M shares	$1.4B 17.3M shares
JPMORGAN CHASE & CO Institution	−$117.5M −1.4M shares	$239.3M 2.9M shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$52.3M −627.1K shares	$26.8M 321.2K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$34.6M −414.6K shares	$31.5M 378.1K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$32.3M −444.5K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$22.8M −273.8K shares	$2.2B 25.8M shares
Q Qube Research & Technologies Ltd Institution	−$18.8M −258.9K shares	Sold Off 0 shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$18.5M −221.6K shares	$202.8M 2.4M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$18.2M −250.3K shares	Sold Off 0 shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	−$15.4M −184.8K shares	$134.9M 1.6M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ARE in Q3 2025

New Positions: 48
New Value: $132.9M
Exited Positions: 72
Exited Value: $140.5M

New Positions

Institution	Position Value
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	$61.3M 735.0K shares
A Act Two Investors LLC RIA/Wealth	$22.9M 275.3K shares
NAN FUNG TRINITY Ltd RIA/Wealth	$14.7M 175.9K shares
I IBEX WEALTH ADVISORS RIA/Wealth	$6.5M 78.0K shares
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	$6.0M 72.5K shares
Sand Hill Global Advisors, LLC RIA/Wealth	$5.3M 63.3K shares
GENERAL RE NEW ENGLAND ASSET MANAGEMENT INC Insurance Manager	$3.7M 44.8K shares
HBW Advisory Services LLC RIA/Wealth	$1.7M 20.2K shares
Eagle Strategies LLC RIA/Wealth	$1.5M 18.3K shares
V VCI Wealth Management LLC Institution	$954.5K 11.5K shares

Exited Positions

Institution	Previous Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$32.3M 444.5K shares
Q Qube Research & Technologies Ltd Institution	$18.8M 258.9K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$18.2M 250.3K shares
A AXA Institution	$14.7M 202.5K shares
RIMA SENVEST MANAGEMENT, L.L.C. Hedge Fund•Multi-Strategy	$12.4M 171.1K shares
WESTWOOD HOLDINGS GROUP INC Institution	$5.1M 70.1K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$4.5M 61.6K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.5M 48.4K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$2.6M 36.4K shares
INTACT INVESTMENT MANAGEMENT INC. Private Equity	$2.4M 32.6K shares

Options Activity

Institutions with the largest Call and Put options positions in ARE as of Q3 2025

Call Positions: 14
Call Value: $153.8M
Put Positions: 14
Put Value: $165.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$35.4M 4.2K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$27.6M 3.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$17.2M 2.1K contracts
J JANE STREET GROUP, LLC Institution	$15.6M 1.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$15.0M 1.8K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$13.5M 1.6K contracts
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	$9.8M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$5.9M 695.0 contracts
D D. E. Shaw & Co., Inc. Institution	$5.7M 689.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$4.8M 579.0 contracts

Put Positions

Institution	Position Value
BANK OF AMERICA CORP /DE/ Institution	$58.0M 7.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$43.1M 5.2K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$14.7M 1.8K contracts
J JANE STREET GROUP, LLC Institution	$14.4M 1.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$13.8M 1.7K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$6.0M 720.0 contracts
W WOLVERINE TRADING, LLC Institution	$5.5M 653.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$3.6M 434.0 contracts
D D. E. Shaw & Co., Inc. Institution	$3.0M 357.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$1.2M 149.0 contracts

Most Committed Institutions

Institutions with ARE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W Waterfront Capital Partners, LLC Hedge Fund•Long/Short	Eduardo Abush Managing Partner	5.31% $8.1M	0.06% 97.3K shares	Q3 2025 Held for 2 months	$152.8M
HGI Capital Management, LLC Hedge Fund•Sector	Jordan Eric Slone CEO	5.21% $1.9M	0.01% 22.8K shares	Q3 2025 Held for 2 months	$36.4M
GARLAND CAPITAL MANAGEMENT INC RIA/Wealth	John Thomas Garland President	5.06% $367.5K	0.00% 4.4K shares	Q2 2017 Held for 8y 5m	$7.3M
HAHN CAPITAL MANAGEMENT LLC Long Only Manager	John David Schaeffer President	4.54% $9.5M	0.07% 113.6K shares	Q3 2017 Held for 8y 2m	$208.7M
T TT Capital Management LLC Institution	-	4.38% $5.7M	0.04% 68.8K shares	Q4 2024 Held for 11 months	$130.9M
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	4.12% $558.6M	3.92% 6.7M shares	≤ Q2 2013 Held for 12y 5m+	$13.5B
A Act Two Investors LLC RIA/Wealth	Jeffrey Robert Scharf CCO	4.07% $22.9M	0.16% 275.3K shares	Q3 2025 Held for 2 months	$564.2M
LASALLE INVESTMENT MANAGEMENT SECURITIES LP Real Assets	Ian Scott Mcwilliams Managing Partner	3.89% $99.0M	0.70% 1.2M shares	Q1 2018 Held for 7y 8m	$2.5B
L Leibman Financial Services, Inc. Institution	-	3.55% $4.7M	0.03% 56.1K shares	Q4 2023 Held for 1y 11m	$131.7M
NFJ INVESTMENT GROUP, LLC Long Only Manager	George Robert Aylward CEO	3.34% $96.8M	0.68% 1.2M shares	Q1 2021 Held for 4y 8m	$2.9B

Hedge Fund Spotlight

Discover hedge funds investing in ARE

HGI Capital Management, LLC

Hedge Fund • Sector

Portfolio ManagerJordan Eric Slone

Portfolio Value: $36.4M
Positions: 21
Last Reported: Q3 2025

Sector Allocation

Position in Alexandria Real Estate Equities

Market Value: $1.9M
Shares Held: 22.8K
Portfolio Weight: 5.21%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Equinix, Inc. EQIX	REIT - Specialty Real Estate	$2.4M	6.57%
2 CBRE Group CBRE	Real Estate - Services Real Estate	$2.3M	6.33%
3 First Industrial Realty Trust FR	REIT - Industrial Real Estate	$2.0M	5.57%