Socorro Dumps Its Entire Alexandria Real Estate (ARE) Position Worth $5.2 Million

• Socorro sold retired of ARE, reducing its presumption from 1.9% of AUM successful the erstwhile 4th to zero

• Top banal holdings aft the filing:

  • NYSE:SRE: $11.82 cardinal (4.7% of AUM)

  • NYSE:MS: $11.23 cardinal (4.5% of AUM)

  • NYSE:PNC: $11.08 cardinal (4.4% of AUM)

  • NYSE:KO: $9.85 cardinal (3.9% of AUM)

• As of February 18, 2026, shares of ARE were priced astatine $54.16, down by 39.8% implicit the past year, underperforming the S&P 500 by 52.1 percent points

• Owns, operates, and develops collaborative beingness science, technology, and agtech campuses, chiefly generating gross from leasing Class A bureau and laboratory abstraction successful large innovation clusters

• Operates arsenic a existent property concern spot (REIT), earning income done semipermanent leases and strategical superior investments successful tenant companies

• Serves biotechnology, pharmaceutical, technology, and cultivation exertion companies seeking high-quality, innovation-focused workspace successful cardinal U.S. metropolitan areas

Alexandria Real Estate Equities, Inc. is simply a starring S&P 500 REIT specializing successful municipality bureau and laboratory campuses for the beingness sciences and exertion sectors. The institution leverages a specialized plus basal clustered successful apical U.S. innovation markets to pull a diverse, high-quality tenant roster. Its absorption connected Class A properties and strategical superior deployment provides a differentiated level for semipermanent worth instauration successful the innovation existent property segment.

Socorro’s vulnerability to Alexandria Real Estate was comparatively debased earlier it wholly closed its presumption successful the 4th quarter. At the extremity of September, it was the firm’s 32nd largest holding retired of 33 holdings successful total.

Alexandria Real Estate’s biopharmaceutical industry-focused portfolio of existent property properties hasn’t performed arsenic good arsenic investors would similar it to. In 2026, non-cash impairments of spot values led the existent property concern spot to study a nett nonaccomplishment of $1.4 billion. Funds from operations, a proxy for net utilized to measure REITs, came successful astatine $1.5 billion, but this was 5.8% little than the institution reported successful 2024.

Alexandria Real Estate reported a 90.9% occupancy complaint astatine the extremity of 2025, which it expects to diminution slightly. Management is guiding investors to an occupancy complaint betwixt 87.7% and 89.3% astatine the extremity of 2026.