CIK: 0000765443
Total reported value
$9.6B
Reporting period: 2026-03-31 · Number of holdings: 249
DUFF & PHELPS INVESTMENT MANAGEMENT CO disclosed 249 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $9.6B and a quarterly turnover rate of 15.8%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "D"
Duff & Phelps Investment Management Co's disclosed holdings carry a Herfindahl concentration index of 0.017 — mathematically equivalent to about 59 equally-sized positions, well below its 249 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.24), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 3% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Add EQIX
-1.2% $96.8M
Trim AVB
-14.2% -$38.7M
Add OKE
+43.6% $40.4M
Add AHR
+230.0% $35.6M
Trim AMH
+0.5% -$18.5M
Trim MAA
-0.0% -$14.3M
Showing top 148 holdings (of 249 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | WELL | Welltower INC | Stock-Real Estate | 5.40% | -0.09% | +0.88% | |
| 2 | EQIX | Equinix INC | Stock-Real Estate | 4.81% | +0.66% | -1.20% | |
| 3 | PLD | Prologis INC | Stock-Real Estate | 4.10% | — | -5.28% | |
| 4 | DLR | Digital Realty Trust INC | Stock-Real Estate | 2.89% | +0.18% | +0.27% | |
| 5 | VTR | Ventas INC | Stock-Real Estate | 2.22% | -0.04% | +1.38% | |
| 6 | SRE | Sempra | Stock-Utilities | 2.11% | +0.02% | +0.00% | |
| 7 | XEL | Xcel Energy INC | Stock-Utilities | 2.00% | +0.03% | +3.08% | |
| 8 | NEE | Nextera Energy INC | Stock-Utilities | 1.85% | -0.03% | -7.10% | |
| 9 | ETR | Entergy CORP | Stock-Utilities | 1.79% | +0.14% | -2.99% | |
| 10 | CNP | Centerpoint Energy INC | Stock-Utilities | 1.73% | +0.07% | +1.46% | |
| 11 | SPG | Simon Property Group INC | Stock-Real Estate | 1.68% | — | -1.18% | |
| 12 | IRM | Iron Mountain INC | Stock-Real Estate | 1.67% | +0.18% | -0.32% | |
| 13 | AMT | American Tower CORP | Stock-Real Estate | 1.65% | — | +0.33% | |
| 14 | PSA | Public Storage | Stock-Real Estate | 1.56% | +0.24% | +23.09% | |
| 15 | NI | Nisource INC | Stock-Utilities | 1.51% | +0.04% | +0.00% | |
| 16 | WMB | Williams Cos INC | Stock-Energy | 1.46% | +0.19% | +3.60% | |
| 17 | LNT | Alliant Energy CORP | Stock-Utilities | 1.41% | +0.01% | -0.02% | |
| 18 | EVRG | Evergy INC | Stock-Utilities | 1.41% | — | -3.50% | |
| 19 | AVB | Avalonbay Communities INC | Stock-Real Estate | 1.37% | -0.56% | -14.18% | |
| 20 | BRX | Brixmor Property Group INC | Stock-Real Estate | 1.34% | +0.02% | +1.18% | |
| 21 | AMH | American Homes 4 Rent- A | Stock-Real Estate | 1.33% | -0.33% | +0.45% | |
| 22 | TRGP | Targa Resources CORP | Stock-Energy | 1.33% | +0.24% | -2.52% | |
| 23 | AEE | Ameren Corporation | Stock-Utilities | 1.32% | — | -3.74% | |
| 24 | FR | First Industrial Realty Tr | Stock-Real Estate | 1.32% | — | +0.51% | |
| 25 | DUK | Duke Energy CORP | Stock-Utilities | 1.22% | +0.03% | +0.02% | |
| 26 | DTE | Dte Energy Company | Stock-Utilities | 1.20% | +0.04% | +0.00% | |
| 27 | PPL | Ppl CORP | Stock-Utilities | 1.20% | — | -1.32% | |
| 28 | WEC | Wec Energy Group INC | Stock-Utilities | 1.18% | +0.01% | +0.02% | |
| 29 | CMS | Cms Energy CORP | Stock-Utilities | 1.17% | +0.02% | — | |
| 30 | ATO | Atmos Energy CORP | Stock-Utilities | 1.17% | — | -6.80% | |
| 31 | LNG | Cheniere Energy INC | Stock-Energy | 1.09% | +0.07% | -19.78% | |
| 32 | EPRT | Essential Properties Realty | Stock-Real Estate | 1.08% | — | +0.19% | |
| 33 | MAA | Mid-america Apartment Comm | Stock-Real Estate | 1.08% | -0.26% | -0.04% | |
| 34 | SO | Southern Co/the | Stock-Utilities | 1.08% | — | -13.32% | |
| 35 | TRP | Tc Energy CORP | Stock-Energy | 1.06% | — | -4.14% | |
| 36 | OGE | Oge Energy CORP | Stock-Utilities | 1.04% | +0.03% | -0.00% | |
| 37 | CUBE | Cubesmart | Stock-Real Estate | 1.04% | — | +0.66% | |
| 38 | AEP | American Electric Power | Stock-Utilities | 1.04% | +0.04% | — | |
| 39 | EMA | Emera INC | Stock-Other | 1.01% | +1.01% | NEW | |
| 40 | D | Dominion Energy INC | Stock-Utilities | 1.01% | +0.02% | +5.34% | |
| 41 | CCI | Crown Castle INC | Stock-Real Estate | 1.01% | — | +0.03% | |
| 42 | PEG | Public Service Enterprise Gp | Stock-Utilities | 0.99% | — | +0.02% | |
| 43 | MPLX | Mplx LP | Stock-Energy | 0.99% | — | -8.93% | |
| 44 | OKE | Oneok INC | Stock-Energy | 0.97% | +0.37% | +43.60% | |
| 45 | ELS | Equity Lifestyle Properties | Stock-Real Estate | 0.95% | — | -5.23% | |
| 46 | T | At&t INC | Stock-Comm Services | 0.95% | +0.07% | — | |
| 47 | PCG | P G & E CORP | Stock-Utilities | 0.93% | — | -2.53% | |
| 48 | WTRG | Essential Utilities INC | Stock-Utilities | 0.92% | — | +0.00% | |
| 49 | SR | Spire INC | Stock-Utilities | 0.88% | — | -5.17% | |
| 50 | ET | Energy Transfer LP | Stock-Energy | 0.87% | +0.17% | +15.43% |
Performance for Q3 2026
+2.8%
Performance Last 4 Quarters
+19.7%
Based on 72% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 249 | $9.6B | 16 | |
| 2025-12-31 | 146 | $8.8B | 10 | |
| 2025-09-30 | 151 | $8.8B | 19 | |
| 2025-06-30 | 154 | $8.5B | 0 | |
| 2025-03-31 | 153 | $8.5B | 100 | |
| 2024-12-31 | 156 | $8.4B | 0 | |
| 2024-09-30 | 156 | $8.7B | 0 | |
| 2024-06-30 | 229 | $7.8B | 0 | |
| 2024-03-31 | 250 | $8.4B | 0 | |
| 2023-12-31 | 248 | $8.3B | 0 | |
| 2023-09-30 | 251 | $7.6B | 0 | |
| 2023-06-30 | 243 | $8.2B | 0 | |
| 2023-03-31 | 245 | $8.2B | 0 | |
| 2022-12-31 | 239 | $8.2B | 0 | |
| 2022-09-30 | 239 | $8.0B | 0 | |
| 2022-06-30 | 213 | $8.1B | 0 | |
| 2022-03-31 | 213 | $8.7B | 0 | |
| 2021-12-31 | 216 | $8.5B | 0 | |
| 2021-09-30 | 216 | $7.7B | 0 | |
| 2021-06-30 | 214 | $7.7B | 98 | |
| 2021-03-31 | 217 | $7.3B | 11 | |
| 2020-12-31 | 219 | $6.9B | 15 | |
| 2020-09-30 | 222 | $6.4B | 11 | |
| 2020-06-30 | 224 | $6.4B | 16 | |
| 2020-03-31 | 219 | $5.7B | 35 | |
| 2019-12-31 | 220 | $7.6B | 20 | |
| 2019-09-30 | 218 | $7.4B | 10 | |
| 2019-06-30 | 242 | $7.2B | 22 | |
| 2019-03-31 | 238 | $6.7B | 24 | |
| 2018-12-31 | 235 | $6.0B | 21 | |
| 2018-09-30 | 238 | $6.6B | 15 | |
| 2018-06-30 | 243 | $6.7B | 14 | |
| 2018-03-31 | 243 | $6.4B | 15 | |
| 2017-12-31 | 248 | $7.0B | 15 | |
| 2017-09-30 | 257 | $7.1B | 18 | |
| 2017-06-30 | 255 | $6.9B | 13 | |
| 2017-03-31 | 258 | $7.1B | 17 | |
| 2016-12-31 | 259 | $6.9B | 15 | |
| 2016-09-30 | 256 | $7.1B | 18 | |
| 2016-06-30 | 240 | $6.7B | 25 | |
| 2016-03-31 | 236 | $6.3B | 22 | |
| 2015-12-31 | 236 | $6.0B | 18 | |
| 2015-09-30 | 233 | $6.2B | 21 | |
| 2015-06-30 | 236 | $6.6B | 19 | |
| 2015-03-31 | 234 | $7.2B | 19 | |
| 2014-12-31 | 235 | $7.3B | 24 | |
| 2014-09-30 | 230 | $7.0B | 21 | |
| 2014-06-30 | 220 | $6.6B | 18 | |
| 2014-03-31 | 212 | $6.0B | 15 | |
| 2013-12-31 | 216 | $5.7B | 19 | |
| 2013-09-30 | 225 | $5.8B | 13 | |
| 2013-06-30 | 219 | $5.8B | 0 |
Duff & Phelps Investment Management Co's most significant position changes for 2026-03-31: New buy: Emera INC (EMA); New buy: Pebblebrook Hotel Trust (PEB); Sold out: Keyera CORP (KEYUF); Sold out: Canadian Natl Railway Co (CNI); New buy: Ferrovial Se.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | EQIX | Equinix INC | +0.7% | -1.20% | Trim |
| 2 | OKE | Oneok INC | +0.4% | +43.60% | Add |
| 3 | AHR | American Healthcare Reit INC | +0.4% | +229.96% | Add |
| 4 | PSA | Public Storage | +0.2% | +23.09% | Add |
| 5 | TRGP | Targa Resources CORP | +0.2% | -2.52% | Trim |
| 6 | FTS | Fortis INC | +0.2% | — | Unchanged |
| 7 | WMB | Williams Cos INC | +0.2% | +3.60% | Add |
| 8 | DLR | Digital Realty Trust INC | +0.2% | +0.27% | Add |
| 9 | IRM | Iron Mountain INC | +0.2% | -0.32% | Trim |
| 10 | ET | Energy Transfer LP | +0.2% | +15.43% | Add |
| 11 | CP | Canadian Pacific Kansas City | +0.2% | +14.58% | Add |
| 12 | ETR | Entergy CORP | +0.1% | -2.99% | Trim |
| 13 | ENB | Enbridge INC | +0.1% | +12.89% | Add |
| 14 | PBA | Pembina Pipeline CORP | +0.1% | -10.74% | Trim |
| 15 | AWK | American Water Works Co INC | +0.1% | +23.11% | Add |
| 16 | UNP | Union Pacific CORP | +0.1% | +23.71% | Add |
| 17 | TU | Telus CORP | +0.1% | — | Unchanged |
| 18 | DTM | Dt Midstream INC | +0.1% | +13.86% | Add |
| 19 | VZ | Verizon Communications INC | +0.1% | — | Unchanged |
| 20 | CNP | Centerpoint Energy INC | +0.1% | +1.46% | Add |
| 21 | LNG | Cheniere Energy INC | +0.1% | -19.78% | Trim |
| 22 | T | At&t INC | +0.1% | — | Unchanged |
| 23 | NI | Nisource INC | 0% | +0.00% | Add |
| 24 | DTE | Dte Energy Company | 0% | +0.00% | Add |
| 25 | AEP | American Electric Power | 0% | — | Unchanged |
| 26 | XEL | Xcel Energy INC | 0% | +3.08% | Add |
| 27 | DUK | Duke Energy CORP | 0% | +0.02% | Add |
| 28 | OGE | Oge Energy CORP | 0% | -0.00% | Trim |
| 29 | SRE | Sempra | 0% | +0.00% | Add |
| 30 | BRX | Brixmor Property Group INC | 0% | +1.18% | Add |
| 31 | CMS | Cms Energy CORP | 0% | — | Unchanged |
| 32 | D | Dominion Energy INC | 0% | +5.34% | Add |
| 33 | LNT | Alliant Energy CORP | 0% | -0.02% | Trim |
| 34 | WEC | Wec Energy Group INC | 0% | +0.02% | Add |
| 35 | EVRG | Evergy INC | — | -3.50% | Trim |
| 36 | NEE | Nextera Energy INC | 0% | -7.10% | Trim |
| 37 | VTR | Ventas INC | 0% | +1.38% | Add |
| 38 | WELL | Welltower INC | -0.1% | +0.88% | Add |
| 39 | ES | Eversource Energy | -0.2% | -30.20% | Trim |
| 40 | XYL | Xylem INC | -0.2% | -17.71% | Trim |
| 41 | BXP | Bxp INC | -0.2% | +1.10% | Add |
| 42 | KMI | Kinder Morgan INC | -0.2% | -38.24% | Trim |
| 43 | MAA | Mid-america Apartment Comm | -0.3% | -0.04% | Trim |
| 44 | AMH | American Homes 4 Rent- A | -0.3% | +0.45% | Add |
| 45 | AVB | Avalonbay Communities INC | -0.6% | -14.18% | Trim |
| 46 | EMA | Emera INC | — | NEW | New buy |
| 47 | PEB | Pebblebrook Hotel Trust | — | NEW | New buy |
| 48 | KEYUF | Keyera CORP | — | EXIT | Sold out |
| 49 | CNI | Canadian Natl Railway Co | — | EXIT | Sold out |
| 50 | ✓ | Ferrovial Se | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-04-28 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-01-26 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-13 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-11 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-13 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-12 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-15 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-15 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-14 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-05 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-13 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-03 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-10 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-08 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-10 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-11 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-07 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-10 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-09 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-10 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-01-29 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-03 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-06 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-14 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-01-24 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-10-16 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-02 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-04-24 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-04 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-10-22 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-02 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-01 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-01-24 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-10-25 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-02 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-04-19 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-08 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-10-14 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-07-29 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-03 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-01-11 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-10-23 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-07-08 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-04-08 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-01-15 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2014-10-08 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-07-11 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2014-04-10 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2014-01-15 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-10-04 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-07-10 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001145020
Total reported value
$9.6B
171 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001054587
Total reported value
$9.6B
390 stks
2026-03-31
AUM within 0.2% of this institution
CIK 0001280965
Total reported value
$9.6B
108 stks
2026-03-31
AUM within 0.3% of this institution
Institutions with overlapping top holdings
CIK 0001725296
Total reported value
$9.7B
169 stks
2026-03-31
5 of the top 5 holdings overlap, including Welltower INC
CIK 0001046187
Total reported value
$1.4B
78 stks
2026-03-31
4 of the top 5 holdings overlap, including Welltower INC
CIK 0001067926
Total reported value
$1.5B
42 stks
2026-03-31
4 of the top 5 holdings overlap, including Welltower INC