DIVCO WEST REAL ESTATE SERVICES LLC
Q2 2026 Form 13-F
SAN FRANCISCO, CALIFORNIA
CIK 0001561877
· CRD 156762
· SEC-registered investment adviser
$94.0M Reported Value Total
DIVCO WEST REAL ESTATE SERVICES, LLC reports 35 total accounts under management (AUM). There are 9 discretionary accounts valued at $7,119,386,000, and 26 non-discretionary accounts valued at $9,180,721,425.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
43 funds
· $16.0B gross asset value
Real Estate Fund: $15.4B · Other: $664.0M
Source: Form ADV filed 2026-03-31
Reported value
$94.0M
Quarter over quarter
+30.8%
Holdings
4
Top-10 concentration
100.0%
Key People
Form ADV owners & control persons
Robert Gil Mashaal
MEMBER
Stuart Zachary Shiff
MEMBER
Michael Frederic Carp
PRESIDENT, CHIEF OPERATING OFFICER
Filing Navigation
13F Metrics
Loading 13F Metrics
Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 05, 2026 |
| Form | 13F-HR |
| Reported value | $94.0M |
| Positions | 4 |
| Change in reported value | +30.8% |
| New positions | 0 |
| Exited positions | 0 |
| Position turnover | 0.0% |
| Top-10 concentration | 100.0% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 5, 2026
|
4 | $94.0M |
|
Q1 2026 13F
Filed May 8, 2026
|
4 | $71.9M |
|
Q4 2025 13F
Filed Feb 4, 2026
|
4 | $93.3M |
|
Q3 2025 13F
Filed Nov 7, 2025
|
4 | $107.6M |
|
Q2 2025 13F
Filed Jul 31, 2025
|
4 | $95.1M |
|
Q1 2025 13F
Filed May 14, 2025
|
4 | $94.0M |
|
Q4 2024 13F
Filed Feb 6, 2025
|
4 | $109.7M |
|
Q3 2024 13F
Filed Nov 4, 2024
|
4 | $114.0M |
|
Q2 2024 13F
Filed Aug 2, 2024
|
5 | $94.8M |
|
Q1 2024 13F
Filed May 8, 2024
|
5 | $103.9M |
|
Q4 2023 13F
Filed Feb 14, 2024
|
5 | $116.3M |
|
Q3 2023 13F
Filed Nov 9, 2023
|
5 | $94.6M |
|
Q2 2023 13F
Filed Aug 8, 2023
|
6 | $89.9M |
|
Q1 2023 13F
Filed May 16, 2023
|
6 | $93.3M |
|
Q4 2022 13F
Filed May 16, 2023
|
6 | $116.5M |
Top 4 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | BXP BXP INC | $45.1M | 47.99% |
| 2 | KRC KILROY RLTY CORP | $38.3M | 40.68% |
| 3 | BDN BRANDYWINE RLTY TR | $7.8M | 8.24% |
| 4 | HPP HUDSON PACIFIC PROPERTIES IN | $2.9M | 3.09% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.