# EDGAR Filing Document

**Accession Number:** 0001080117
**File Stem:** 0001140361-26-021618
**Filing Date:** 2026-5
**Character Count:** 10832
**Document Hash:** 8ae2af3779cdfc0b7cc506cd2a826fcc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-021618.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001140361-26-021618

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HEITMAN REAL ESTATE SECURITIES LLC
- **CENTRAL INDEX KEY:** 0001080117

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04321
- **FILM NUMBER:** 26985941

**BUSINESS ADDRESS:**
- **STREET 1:** 110 NORTH WACKER DRIVE
- **STREET 2:** SUITE 4000
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3128555700

**MAIL ADDRESS:**
- **STREET 1:** 110 NORTH WACKER DRIVE
- **STREET 2:** SUITE 4000
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HEITMAN PRA SECURITIES ADVISORS LLC
- **DATE OF NAME CHANGE:** 19990218

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Heitman Real Estate Securities LLC<br>**Address:** 110 North Wacker Drive<br>Suite 4000<br>Chicago, IL 60606

**Form 13F File Number:** 028-04321

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Molly P. Nelson<br>**Title:** Senior Vice President Deputy General Counsel<br>**Phone:** 312-912-6658

**Signature, Place, and Date of Signing:**

/s/ Molly P. Nelson  Chicago, IL  05-15-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 3

**Form 13F Information Table Entry Total:** 57

**Form 13F Information Table Value Total:** $1391126017

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                              | Form 13F File Number   |
|:---|:---|:---|
|  | HEITMAN LLC                       | 028-12002              |
|  | KE I LLC                          | 028-12003              |
|  | GuideStone Capital Management LLC | 028-10998              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACADIA RLTY TR | COM SH BEN INT | 004239109 | BBG000BJGD54 | 25126166 | 1314130 | SH |  | DFND | 123 | 334443 | 0 | 979687 |
| AGREE RLTY CORP | COM | 008492100 | BBG000BC9DK0 | 12094118 | 160442 | SH |  | DFND | 12 | 69527 | 0 | 90915 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | BBG000BC33T9 | 2946881 | 63483 | SH |  | DFND | 12 | 31034 | 0 | 32449 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 | BBG000QF05R6 | 7066820 | 616651 | SH |  | DFND | 123 | 158112 | 0 | 458539 |
| AVALONBAY CMNTYS INC | COM | 053484101 | BBG000BLPBL5 | 13065223 | 79983 | SH |  | DFND | 12 | 35236 | 0 | 44747 |
| COUSINS PPTYS INC | COM NEW | 222795502 | BBG000CW9BM7 | 22290267 | 987606 | SH |  | DFND | 123 | 257833 | 0 | 729773 |
| CTO RLTY GROWTH INC NEW | COM | 22948Q101 | BBG00Y3M1H59 | 13732449 | 742696 | SH |  | DFND | 123 | 145542 | 0 | 597154 |
| CUBESMART | COM | 229663109 | BBG000HF28Q9 | 20020539 | 546263 | SH |  | DFND | 123 | 137773 | 0 | 408490 |
| CURBLINE PPTYS CORP | COM | 23128Q101 | BBG01JZB98V3 | 17054592 | 661287 | SH |  | DFND | 123 | 165972 | 0 | 495315 |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 | BBG000JKHFP5 | 25060524 | 2674549 | SH |  | DFND | 123 | 597790 | 0 | 2076759 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG000Q5ZRM7 | 50838683 | 282108 | SH |  | DFND | 123 | 78573 | 0 | 203535 |
| EQUINIX INC | COM | 29444U700 | BBG000MBDGM6 | 134871222 | 137590 | SH |  | DFND | 123 | 35506 | 0 | 102084 |
| EQUITY LIFESTYLE PROPERTIES | COM | 29472R108 | BBG000BB7SX7 | 11475542 | 183844 | SH |  | DFND | 123 | 63559 | 0 | 120285 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | BBG000BG8M31 | 52173317 | 882051 | SH |  | DFND | 123 | 212593 | 0 | 669458 |
| ESSEX PPTY TR INC | COM | 297178105 | BBG000CGJMB9 | 33693418 | 139229 | SH |  | DFND | 123 | 34991 | 0 | 104238 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | BBG000PV27K3 | 41847779 | 319132 | SH |  | DFND | 123 | 81559 | 0 | 237573 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 | BBG000BJVN28 | 16880274 | 158933 | SH |  | DFND | 123 | 45313 | 0 | 113620 |
| FIRST INDL RLTY TR INC | COM | 32054K103 | BBG000CKGDS5 | 34321942 | 593292 | SH |  | DFND | 123 | 153261 | 0 | 440031 |
| GAMING  LEISURE P | COM | 36467J108 | BBG003MSMCS6 | 6580382 | 148307 | SH |  | DFND | 12 | 57119 | 0 | 91188 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 | BBG000BKYDP9 | 26463144 | 1610660 | SH |  | DFND | 123 | 411750 | 0 | 1198910 |
| HIGHWOODS PPTYS INC | COM | 431284108 | BBG000C43744 | 6290322 | 293803 | SH |  | DFND | 123 | 89110 | 0 | 204693 |
| INVITATION HOMES INC | COM | 46187W107 | BBG00FQH6BS9 | 18508852 | 744823 | SH |  | DFND | 123 | 198480 | 0 | 546343 |
| IRON MTN INC DEL | COM | 46284V101 | BBG000KCZPC3 | 26514931 | 259594 | SH |  | DFND | 123 | 68567 | 0 | 191027 |
| JANUS LIVING INC | CL A-1 | 471024109 | BBG020PSLZ89 | 14705134 | 623892 | SH |  | DFND | 123 | 156487 | 0 | 467405 |
| MACERICH CO | COM | 554382101 | BBG000BL9C59 | 21451613 | 1135006 | SH |  | DFND | 123 | 278557 | 0 | 856449 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | BBG000BLMY92 | 27569933 | 225761 | SH |  | DFND | 123 | 58611 | 0 | 167150 |
| NETSTREIT CORP | COM | 64119V303 | BBG00W5FQPV2 | 32217716 | 1710978 | SH |  | DFND | 123 | 356679 | 0 | 1354299 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 | BBG000BGBTC2 | 19607653 | 447459 | SH |  | DFND | 123 | 154445 | 0 | 293014 |
| OUTFRONT MEDIA INC | COM NEW | 69007J304 | BBG004S69ZX4 | 14672759 | 553689 | SH |  | DFND | 123 | 131920 | 0 | 421769 |
| PROLOGIS INC. | COM | 74340W103 | BBG000B9Z0J8 | 129887074 | 982653 | SH |  | DFND | 123 | 262300 | 0 | 720353 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 | BBG000BPPN67 | 28228676 | 104211 | SH |  | DFND | 123 | 28822 | 0 | 75389 |
| REALTY INCOME CORP | COM | 756109104 | BBG000DHPN63 | 72869663 | 1191070 | SH |  | DFND | 12 | 316210 | 0 | 874860 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG000BJ2D31 | 61510692 | 329763 | SH |  | DFND | 123 | 92531 | 0 | 237232 |
| SL GREEN RLTY CORP | COM | 78440X887 | BBG000BVP5P2 | 11186651 | 302833 | SH |  | DFND | 123 | 69331 | 0 | 233502 |
| STAG INDUSTRIAL INC | COM | 85254J102 | BBG000BGLFP7 | 24712387 | 685313 | SH |  | DFND | 123 | 181003 | 0 | 504310 |
| SUN CMNTYS INC | COM | 866674104 | BBG000BLJWF3 | 21701900 | 172292 | SH |  | DFND | 123 | 36928 | 0 | 135364 |
| URBAN EDGE PPTYS | COM | 91704F104 | BBG006BFYQN0 | 4423472 | 221395 | SH |  | DFND | 123 | 59517 | 0 | 161878 |
| VENTAS INC | COM | 92276F100 | BBG000FRVHB9 | 59002144 | 721474 | SH |  | DFND | 123 | 176344 | 0 | 545130 |
| VICI PPTYS INC | COM | 925652109 | BBG00HVVB499 | 16890563 | 618249 | SH |  | DFND | 12 | 237753 | 0 | 380496 |
| WELLTOWER INC | COM | 95040Q104 | BBG000BKY1G5 | 161285887 | 815770 | SH |  | DFND | 123 | 212596 | 0 | 603174 |
| XENIA HOTELS  RESORTS INC | COM | 984017103 | BBG006YP1L41 | 11771906 | 793790 | SH |  | DFND | 123 | 269444 | 0 | 524346 |
| BXP INC | COM | 101121101 | BBG000BS5CM9 | 384112 | 7401 | SH |  | DFND | 12 | 7401 | 0 | 0 |
| DOUGLAS EMMETT INC | COM | 25960P109 | BBG000PN1SJ8 | 411522 | 43686 | SH |  | DFND | 12 | 43686 | 0 | 0 |
| EMPIRE ST RLTY TR INC | CL A | 292104106 | BBG002N8HMW0 | 385497 | 74134 | SH |  | DFND | 12 | 74134 | 0 | 0 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 | BBG000PRJCX9 | 397090 | 23372 | SH |  | DFND | 12 | 23372 | 0 | 0 |
| PEBBLEBROOK HOTEL TR | COM | 70509V100 | BBG000PNBZF5 | 460919 | 36494 | SH |  | DFND | 12 | 36494 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 | BBG004MB82R0 | 388080 | 11857 | SH |  | DFND | 12 | 11857 | 0 | 0 |
| SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | BBG000Q3TSJ1 | 428471 | 47555 | SH |  | DFND | 12 | 47555 | 0 | 0 |
| TERRENO RLTY CORP | COM | 88146M101 | BBG000PV3J62 | 395790 | 6444 | SH |  | DFND | 12 | 6444 | 0 | 0 |
| VERIS RESIDENTIAL INC | COM | 554489104 | BBG000CL1HL7 | 441294 | 23386 | SH |  | DFND | 12 | 23386 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 | BBG000BWHD54 | 410200 | 15783 | SH |  | DFND | 12 | 15783 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 | BBG000BCQM58 | 6284125 | 92468 | SH |  | DFND | 123 | 0 | 0 | 92468 |
| AMERICAN TOWER CORP | COM | 03027X100 | BBG000B9XYV2 | 12976118 | 75189 | SH |  | DFND | 12 | 26 | 0 | 75163 |
| CROWN CASTLE INC | COM | 22822V101 | BBG000FV1Z23 | 6296565 | 77439 | SH |  | DFND | 12 | 35 | 0 | 77404 |
| SBA COMMUNICATIONS CORP | CL A | 78410G104 | BBG000D2M0Z7 | 3905520 | 22692 | SH |  | DFND | 12 | 19 | 0 | 22673 |
| WEYERHAEUSER CO | COM NEW | 962166104 | BBG000BX3BL3 | 4700332 | 192400 | SH |  | DFND | 12 | 0 | 0 | 192400 |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 | BBG000001X86 | 247172 | 8136 | SH |  | DFND | 12 | 8136 | 0 | 0 |

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