SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Cohen & Steers, Inc.
Filing Type: Form 13F Information Table (Schedule of Holdings)
Reporting Period: Quarter ended March 31, 2021
Context: This filing discloses the equity securities held by the investment manager at the end of the reporting period. It details the number of shares, value, and voting authority for each position.
Key Financial Metrics and Portfolio Composition
Revenue, Profit, and Cash Flow: The filing text does not provide a clear value for Cohen & Steers, Inc.'s revenue, profit, cash flow, or margins. Form 13F filings report portfolio holdings, not the operating financial results of the investment manager.
Portfolio Highlights (Selected Top Holdings by Value):
- Healthpeak Properties Inc: 2,225,742 shares valued at $70,123,019.
- Host Hotels & Resorts Inc: 1,226,702 shares valued at $72,797,619.
- Duke Realty Corporation: 2,058,264 shares valued at $49,086,676.
- VICI Properties Inc: 1,331,015 shares valued at $47,132,342.
- Weyerhaeuser Company: 1,259,204 shares valued at $35,371,339.
- Healthcare Trust of America: 634,903 shares valued at $23,019,288.
- Americold Realty Trust: 948,158 shares valued at $24,646,507.
- Medical Properties Trust Inc: 704,052 shares valued at $33,085,298.
- Prologis Inc: 1,725,843 shares valued at $16,281,344.
- Simon Property Group Inc: 2,231,772 shares valued at $19,615,860.
Debt and Liquidity: The filing text does not provide a clear value for the company's debt or liquidity positions.
Material Changes and Voting Authority
Voting Authority: The manager reported "Sole" voting authority for the vast majority of holdings. Several significant positions (e.g., American Tower, American Water Works, Agree Realty, American Tower, CyrusOne, Digital Realty, Duke Realty, Healthpeak, Host Hotels, VICI Properties) reported "Shared" voting authority, indicating the manager shares voting rights with other parties for those specific securities.
Changes vs. Prior Period: The filing text does not provide a clear value for changes in holdings compared to the prior quarter. Form 13F tables typically list current holdings without explicitly stating the delta from the previous period in the text provided.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not provide a clear value for management commentary, guidance, or outlook. This form is a statutory disclosure of holdings and does not contain narrative sections for forward-looking statements.
Risks and Contingencies: The filing text does not provide a clear value for specific risks or contingencies. The standard disclaimer notes that the SEC has not reviewed the information for accuracy.
Unusual Items: The portfolio shows a heavy concentration in Real Estate Investment Trusts (REITs) and real estate-related equities, consistent with the firm's investment strategy. There are no unusual items explicitly flagged in the text provided.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column, as the total is not explicitly stated in the text.
- Confirm the specific breakdown of "Shared" vs. "Sole" voting authority for the top 10 holdings to understand control dynamics.
- Cross-reference the share counts for major REIT holdings (e.g., Healthpeak, Host Hotels, Duke Realty) with the company's 10-Q or 10-K for the same period to validate the reported values.
- Check for any subsequent filings (13F-HR amendments) that may have updated these positions after the March 31, 2021 cutoff.
- Review the firm's separate 10-Q filing for the quarter ended March 31, 2021, to obtain actual revenue, profit, and cash flow data which is absent from this 13F table.