# EDGAR Filing Document

**Accession Number:** 0001904664
**File Stem:** 0001140361-23-006459
**Filing Date:** 2023-2
**Character Count:** 7743
**Document Hash:** 55523b7bf65db67f95c1295f19008a69
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-23-006459.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001140361-23-006459

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vert Asset Management LLC
- **CENTRAL INDEX KEY:** 0001904664
- **IRS NUMBER:** 811135020
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21822
- **FILM NUMBER:** 23621395

**BUSINESS ADDRESS:**
- **STREET 1:** 85 LIBERTY SHIP WAY
- **STREET 2:** SUITE 201
- **CITY:** SAUSALITO
- **STATE:** CA
- **ZIP:** 94965
- **BUSINESS PHONE:** 415-650-7179

**MAIL ADDRESS:**
- **STREET 1:** 85 LIBERTY SHIP WAY
- **STREET 2:** SUITE 201
- **CITY:** SAUSALITO
- **STATE:** CA
- **ZIP:** 94965

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Vert Asset Management LLC<br>**Address:** 85 LIBERTY SHIP WAY<br>SUITE 201<br>Sausalito, CA 94965

**Form 13F File Number:** 028-21822

**CRD Number (if applicable):** 000288445

**SEC File Number (if applicable):** 801-110846

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:** Anna Amaczi<br>**Title:** Chief Compliance Officer<br>**Phone:** 202-886-9333

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

/s/ Anna Amaczi  Washington, DC  02-13-2023<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:** 0

**Form 13F Information Table Entry Total:** 41

**Form 13F Information Table Value Total:** $112308672

      (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.]

**NONE**

### 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 |
| ALEXANDER  BALDWIN INC NEW | COM | 014491104 |  | 290409 | 15505 | SH |  | DFND |  | 0 | 0 | 15505 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 5107482 | 35062 | SH |  | DFND |  | 0 | 0 | 35062 |
| AMERICAN ASSETS TR INC | COM | 024013104 |  | 266537 | 10058 | SH |  | DFND |  | 0 | 0 | 10058 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 8313175 | 39239 | SH |  | DFND |  | 0 | 0 | 39239 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 |  | 1729146 | 61079 | SH |  | DFND |  | 0 | 0 | 61079 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 5308839 | 32868 | SH |  | DFND |  | 0 | 0 | 32868 |
| BOSTON PROPERTIES INC | COM | 101121101 |  | 2249941 | 33293 | SH |  | DFND |  | 0 | 0 | 33293 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 189420 | 30800 | SH |  | DFND |  | 0 | 0 | 30800 |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 |  | 424054 | 51777 | SH |  | DFND |  | 0 | 0 | 51777 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 6483960 | 64665 | SH |  | DFND |  | 0 | 0 | 64665 |
| EMPIRE ST RLTY TR INC | CL A | 292104106 |  | 178468 | 26479 | SH |  | DFND |  | 0 | 0 | 26479 |
| EQUINIX INC | COM | 29444U700 |  | 8495739 | 12970 | SH |  | DFND |  | 0 | 0 | 12970 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 2661778 | 41204 | SH |  | DFND |  | 0 | 0 | 41204 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 4936353 | 83667 | SH |  | DFND |  | 0 | 0 | 83667 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 3141078 | 14822 | SH |  | DFND |  | 0 | 0 | 14822 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 4312080 | 29298 | SH |  | DFND |  | 0 | 0 | 29298 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 1645335 | 16284 | SH |  | DFND |  | 0 | 0 | 16284 |
| FRANKLIN STR PPTYS CORP | COM | 35471R106 |  | 50551 | 18517 | SH |  | DFND |  | 0 | 0 | 18517 |
| HANNON ARMSTRONG SUST INFR C | COM | 41068X100 |  | 575050 | 19843 | SH |  | DFND |  | 0 | 0 | 19843 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 3079850 | 122850 | SH |  | DFND |  | 0 | 0 | 122850 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 2637914 | 164356 | SH |  | DFND |  | 0 | 0 | 164356 |
| HUDSON PAC PPTYS INC | COM | 444097109 |  | 353783 | 36360 | SH |  | DFND |  | 0 | 0 | 36360 |
| IRON MTN INC DEL | COM | 46284V101 |  | 3273600 | 65669 | SH |  | DFND |  | 0 | 0 | 65669 |
| JBG SMITH PPTYS | COM | 46590V100 |  | 371192 | 19557 | SH |  | DFND |  | 0 | 0 | 19557 |
| KILROY RLTY CORP | COM | 49427F108 |  | 853950 | 22083 | SH |  | DFND |  | 0 | 0 | 22083 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 3023127 | 142735 | SH |  | DFND |  | 0 | 0 | 142735 |
| MACERICH CO | COM | 554382101 |  | 459397 | 40799 | SH |  | DFND |  | 0 | 0 | 40799 |
| PARAMOUNT GROUP INC | COM | 69924R108 |  | 282441 | 47549 | SH |  | DFND |  | 0 | 0 | 47549 |
| PROLOGIS INC. | COM | 74340W103 |  | 8340667 | 73988 | SH |  | DFND |  | 0 | 0 | 73988 |
| REGENCY CTRS CORP | COM | 758849103 |  | 2233438 | 35735 | SH |  | DFND |  | 0 | 0 | 35735 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 2403176 | 43982 | SH |  | DFND |  | 0 | 0 | 43982 |
| RLJ LODGING TR | COM | 74965L101 |  | 329296 | 31095 | SH |  | DFND |  | 0 | 0 | 31095 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 8584734 | 73074 | SH |  | DFND |  | 0 | 0 | 73074 |
| SL GREEN RLTY CORP | COM | 78440X887 |  | 411924 | 12216 | SH |  | DFND |  | 0 | 0 | 12216 |
| SUN CMNTYS INC | COM | 866674104 |  | 4066491 | 28437 | SH |  | DFND |  | 0 | 0 | 28437 |
| SUNSTONE HOTEL INVS INC NEW | COM | 867892101 |  | 441056 | 45658 | SH |  | DFND |  | 0 | 0 | 45658 |
| UDR INC | COM | 902653104 |  | 2887631 | 74558 | SH |  | DFND |  | 0 | 0 | 74558 |
| UMH PPTYS INC | COM | 903002103 |  | 202007 | 12547 | SH |  | DFND |  | 0 | 0 | 12547 |
| VENTAS INC | COM | 92276F100 |  | 3960661 | 87917 | SH |  | DFND |  | 0 | 0 | 87917 |
| VORNADO RLTY TR | SH BEN INT | 929042109 |  | 842202 | 40471 | SH |  | DFND |  | 0 | 0 | 40471 |
| WELLTOWER INC | COM | 95040Q104 |  | 6910740 | 105427 | SH |  | DFND |  | 0 | 0 | 105427 |

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