Holdings of Multi-Manager Global Real Estate Fund
Northern Funds ·110 declared positions · as of Mar 31, 2026
Original filing · Net assets 75.3M $ · Ten largest lines: 40.2 % of the equity sleeve
Sector breakdown
- Real estate 37.1 %
- Consumer discretionary 1.4 %
- Communication 0.8 %
- Unattributed 60.8 %
Titelia classification, company by company. The unattributed share stays visible.
Currency breakdown
- USD 66.7 %
- JPY 8.9 %
- EUR 6.7 %
- AUD 5.2 %
- GBP 3.2 %
- SGD 3.1 %
- HKD 3.0 %
- SEK 1.3 %
- CAD 0.9 %
- CHF 0.8 %
- ILS 0.2 %
The quoted currency of each line, as declared.
Country breakdown
- US 65.6 %
- JP 8.9 %
- AU 5.2 %
- SG 3.3 %
- GB 3.2 %
- HK 3.0 %
- FR 2.4 %
- BE 1.7 %
- DE 1.3 %
- SE 1.3 %
- CA 0.9 %
- ES 0.9 %
- Other countries 2.3 %
Shares computed on the equity sleeve.
| Rank | Country | Lines | Value | Share |
|---|---|---|---|---|
| 1 | US | 46 | 47.7M $ | 65.62 % |
| 2 | JP | 12 | 6.5M $ | 8.89 % |
| 3 | AU | 7 | 3.8M $ | 5.20 % |
| 4 | SG | 8 | 2.4M $ | 3.33 % |
| 5 | GB | 9 | 2.3M $ | 3.18 % |
| 6 | HK | 4 | 2.2M $ | 3.00 % |
| 7 | FR | 4 | 1.7M $ | 2.37 % |
| 8 | BE | 4 | 1.2M $ | 1.69 % |
| 9 | DE | 2 | 974.6K $ | 1.34 % |
| 10 | SE | 5 | 946.2K $ | 1.30 % |
| 11 | CA | 3 | 668.2K $ | 0.92 % |
| 12 | ES | 1 | 636.8K $ | 0.88 % |
Positions
| Rank | Company | Shares | Value | Weight |
|---|---|---|---|---|
| 1 | Welltower Inc | 34,958 | 6.9M $ | 9.17 % |
| 2 | Prologis Inc | 34,983 | 4.6M $ | 6.14 % |
| 3 | Digital Realty Trust Inc | 24,543 | 4.4M $ | 5.87 % |
| 4 | Equinix Inc | 4,204 | 4.1M $ | 5.47 % |
| 5 | Public Storage | 6,900 | 1.9M $ | 2.48 % |
| 6 | Goodman Group | 103,610 | 1.8M $ | 2.45 % |
| 7 | Agree Realty Corp | 19,547 | 1.5M $ | 1.96 % |
| 8 | Kimco Realty Corp | 59,561 | 1.3M $ | 1.78 % |
| 9 | Ventas Inc | 16,049 | 1.3M $ | 1.74 % |
| 10 | Extra Space Storage Inc | 10,001 | 1.3M $ | 1.74 % |
| 11 | Mitsui Fudosan Co Ltd | 123,300 | 1.3M $ | 1.73 % |
| 12 | Sun Communities Inc | 9,980 | 1.3M $ | 1.67 % |
| 13 | Simon Property Group Inc | 6,341 | 1.2M $ | 1.57 % |
| 14 | Sun Hung Kai Properties Ltd | 67,000 | 1.1M $ | 1.51 % |
| 15 | Mitsubishi Estate Co Ltd | 40,100 | 1.1M $ | 1.47 % |
| 16 | Sumitomo Realty & Development Co Ltd | 36,100 | 1M $ | 1.35 % |
| 17 | Crown Castle Inc | 11,457 | 931.6K $ | 1.24 % |
| 18 | Unibail-Rodamco-Westfield | 7,710 | 861.7K $ | 1.14 % |
| 19 | BXP Inc | 14,751 | 765.6K $ | 1.02 % |
| 20 | Iron Mountain Inc | 7,469 | 762.9K $ | 1.01 % |
| 21 | Japan Metropolitan Fund Invest | 1,072 | 754.7K $ | 1.00 % |
| 22 | Invitation Homes Inc | 30,151 | 749.3K $ | 0.99 % |
| 23 | Host Hotels & Resorts Inc | 38,458 | 736.9K $ | 0.98 % |
| 24 | Essential Properties Realty Trust Inc | 23,919 | 726.2K $ | 0.96 % |
| 25 | CBRE Group Inc | 5,350 | 724.7K $ | 0.96 % |
| 26 | Terreno Realty Corp | 11,384 | 699.2K $ | 0.93 % |
| 27 | Scentre Group | 301,838 | 696.4K $ | 0.92 % |
| 28 | Mid-America Apartment Communities, Inc. | 5,647 | 689.6K $ | 0.92 % |
| 29 | Link REIT | 145,600 | 674.1K $ | 0.89 % |
| 30 | Japan Real Estate Investment Corp | 911 | 671K $ | 0.89 % |
| 31 | Sabra Health Care REIT Inc | 34,253 | 658.7K $ | 0.87 % |
| 32 | Aedifica SA | 8,065 | 651.1K $ | 0.86 % |
| 33 | Macerich Co/The | 34,297 | 648.2K $ | 0.86 % |
| 34 | Tritax Big Box REIT PLC | 343,159 | 647K $ | 0.86 % |
| 35 | Merlin Properties Socimi SA | 39,147 | 636.8K $ | 0.85 % |
| 36 | NETSTREIT Corp | 33,808 | 636.6K $ | 0.84 % |
| 37 | Federal Realty Investment Trust | 5,931 | 629.9K $ | 0.84 % |
| 38 | Hongkong Land Holdings Ltd | 77,000 | 602.3K $ | 0.80 % |
| 39 | Hilton Worldwide Holdings Inc | 1,967 | 598.1K $ | 0.79 % |
| 40 | CapitaLand Integrated Commercial Trust | 326,313 | 586.1K $ | 0.78 % |
| 41 | Swiss Prime Site AG | 3,428 | 580.8K $ | 0.77 % |
| 42 | CapitaLand Investment Ltd/Singapore | 262,200 | 558.9K $ | 0.74 % |
| 43 | Healthcare Realty Trust Inc | 32,490 | 552K $ | 0.73 % |
| 44 | Essex Property Trust Inc | 2,277 | 551K $ | 0.73 % |
| 45 | Highwoods Properties Inc | 25,483 | 545.6K $ | 0.72 % |
| 46 | Lamar Advertising Co | 4,177 | 529.1K $ | 0.70 % |
| 47 | UDR Inc | 15,631 | 528K $ | 0.70 % |
| 48 | CubeSmart | 14,307 | 524.4K $ | 0.70 % |
| 49 | Klepierre SA | 13,907 | 524.2K $ | 0.70 % |
| 50 | Equity LifeStyle Properties Inc | 8,324 | 519.6K $ | 0.69 % |
| 51 | Vonovia SE | 19,956 | 497K $ | 0.66 % |
| 52 | TAG Immobilien AG | 30,536 | 477.6K $ | 0.63 % |
| 53 | Omega Healthcare Investors Inc | 10,867 | 476.2K $ | 0.63 % |
| 54 | First Industrial Realty Trust Inc | 7,732 | 447.3K $ | 0.59 % |
| 55 | AvalonBay Communities, Inc. | 2,630 | 429.6K $ | 0.57 % |
| 56 | Segro PLC | 48,995 | 426.1K $ | 0.57 % |
| 57 | Gaming and Leisure Properties Inc | 9,072 | 402.5K $ | 0.53 % |
| 58 | DR Horton Inc | 2,815 | 386.3K $ | 0.51 % |
| 59 | Janus Living Inc | 15,963 | 376.2K $ | 0.50 % |
| 60 | Fastighets AB Balder | 61,898 | 364K $ | 0.48 % |
| 61 | British Land Co PLC/The | 73,389 | 350.9K $ | 0.47 % |
| 62 | United Urban Investment Corp | 313 | 337.7K $ | 0.45 % |
| 63 | Centurion Accommodation Reit | 391,313 | 336.9K $ | 0.45 % |
| 64 | Catena AB | 6,903 | 324.1K $ | 0.43 % |
| 65 | VGP NV | 3,348 | 323.7K $ | 0.43 % |
| 66 | Safestore Holdings PLC | 37,792 | 318.8K $ | 0.42 % |
| 67 | Dream Industrial Real Estate Investment Trust | 34,106 | 303.3K $ | 0.40 % |
| 68 | Ingenia Communities Group | 106,892 | 297.3K $ | 0.39 % |
| 69 | GPT Group/The | 93,649 | 294K $ | 0.39 % |
| 70 | CareTrust REIT Inc | 7,982 | 292.5K $ | 0.39 % |
| 71 | Nippon Building Fund Inc | 345 | 289.6K $ | 0.38 % |
| 72 | Equity Residential | 4,772 | 282.3K $ | 0.37 % |
| 73 | Outfront Media Inc | 10,525 | 278.9K $ | 0.37 % |
| 74 | Comforia Residential REIT Inc | 407 | 278.2K $ | 0.37 % |
| 75 | Rayonier Inc | 13,457 | 277.5K $ | 0.37 % |
| 76 | CapitaLand Ascendas REIT | 134,000 | 258.9K $ | 0.34 % |
| 77 | First Capital Real Estate Investment Trust | 17,331 | 256.9K $ | 0.34 % |
| 78 | NEXTDC Ltd | 31,476 | 252.3K $ | 0.33 % |
| 79 | Caesars Entertainment Inc | 8,848 | 233.9K $ | 0.31 % |
| 80 | Swire Properties Ltd | 80,400 | 233.7K $ | 0.31 % |
| 81 | Dexus | 55,360 | 227.8K $ | 0.30 % |
| 82 | Nomura Real Estate Master Fund Inc | 230 | 227.6K $ | 0.30 % |
| 83 | Land Securities Group PLC | 30,183 | 224K $ | 0.30 % |
| 84 | Mercialys SA | 15,936 | 216.1K $ | 0.29 % |
| 85 | CTP NV | 12,272 | 206.5K $ | 0.27 % |
| 86 | Keppel DC REIT | 114,596 | 195K $ | 0.26 % |
| 87 | GLP J-Reit | 230 | 188.6K $ | 0.25 % |
| 88 | Keppel REIT | 265,000 | 184K $ | 0.24 % |
| 89 | Nippon Prologis REIT Inc | 321 | 172.8K $ | 0.23 % |
| 90 | Melisron Ltd | 1,312 | 169.8K $ | 0.23 % |
| 91 | Digital Core REIT Management Pte Ltd | 340,600 | 165.9K $ | 0.22 % |
| 92 | Stockland | 54,175 | 162.2K $ | 0.22 % |
| 93 | Warehouses De Pauw CVA | 5,449 | 141.6K $ | 0.19 % |
| 94 | UOL Group Ltd | 17,900 | 136.3K $ | 0.18 % |
| 95 | PACS Group Inc | 4,225 | 135.7K $ | 0.18 % |
| 96 | GDS Holdings Ltd | 26,500 | 132.8K $ | 0.18 % |
| 97 | LondonMetric Property PLC | 55,146 | 132.8K $ | 0.18 % |
| 98 | Accor SA | 2,500 | 119.8K $ | 0.16 % |
| 99 | Helical PLC | 50,000 | 116.1K $ | 0.15 % |
| 100 | Xior Student Housing NV | 3,664 | 112.6K $ | 0.15 % |