0001752724-20-249018.txt : 20201125 0001752724-20-249018.hdr.sgml : 20201125 20201125162008 ACCESSION NUMBER: 0001752724-20-249018 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201125 PERIOD START: 20201231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COHEN & STEERS GLOBAL REALTY SHARES, INC CENTRAL INDEX KEY: 0001033969 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08059 FILM NUMBER: 201350846 BUSINESS ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128323232 MAIL ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: COHEN & STEERS REALTY FOCUS FUND DATE OF NAME CHANGE: 20040930 FORMER COMPANY: FORMER CONFORMED NAME: COHEN & STEERS SPECIAL EQUITY FUND DATE OF NAME CHANGE: 19970218 0001033969 S000001226 Cohen & Steers Global Realty Shares, Inc. C000003329 Class A CSFAX C000003331 Class C CSFCX C000003332 Class I CSSPX C000146546 Class R GRSRX C000146547 Class Z CSFZX NPORT-P 1 primary_doc.xml NPORT-P false 0001033969 XXXXXXXX S000001226 C000146547 C000003329 C000003331 C000146546 C000003332 COHEN & STEERS GLOBAL REALTY SHARES, INC 811-08059 0001033969 5493000UVZ5TCRYZ1Q07 280 PARK AVENUE 10TH FLOOR NEW YORK 10017 212-832-3232 Cohen & Steers Global Realty Shares, Inc. S000001226 5493000UVZ5TCRYZ1Q07 2020-12-31 2020-09-30 N 1217555348.19 13067024.21 1204488323.98 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 710846.46000000 N Welltower Inc T6IZ0MBEG5ACZDTR7D06 Welltower Inc 95040Q104 498955.00000000 NS USD 27487430.95000000 2.282083636906 Long EC US N 1 N N N Japan Retail Fund Investment Corp 353800QDHNIP60E1LQ93 Japan Retail Fund Investment Corp 000000000 8463.00000000 NS 13092429.85000000 1.086970258602 Long EC JP N 2 N N N ARGAN SA 529900FXM41XSCUSGH04 ARGAN SA 000000000 68211.00000000 NS 6693387.89000000 0.555703841767 Long EC FR N 2 N N N Segro PLC 213800XC35KGM9NFC641 Segro PLC 000000000 1459531.00000000 NS 17539966.12000000 1.456217197858 Long EC GB N 2 N N N VEREIT Inc 5493002H54FNIBW75H44 VEREIT Inc 92339V100 1805958.00000000 NS USD 11738727.00000000 0.974582050012 Long EC US N 1 N N N Covivio 969500P8M3W2XX376054 Covivio 000000000 93190.00000000 NS 6543696.87000000 0.543276073310 Long EC FR N 2 N N N LEG Immobilien AG 391200SO40AKONBO0Z96 LEG Immobilien AG 000000000 57040.00000000 NS 8130411.24000000 0.675009552034 Long EC CORP DE N 2 N N N Entra ASA 549300APU14LQKTYCH34 Entra ASA 000000000 391120.00000000 NS 5496386.19000000 0.456325402295 Long EC CORP NO N 2 N N N Deutsche Wohnen SE 529900QE24Q67I3FWZ10 Deutsche Wohnen SE 000000000 488810.00000000 NS 24430359.47000000 2.028276985639 Long EC CORP DE N 2 N N N NIPPON REIT Investment Corp 3538004O49OJ90PEXX85 NIPPON REIT Investment Corp 000000000 3387.00000000 NS 11515865.18000000 0.956079436448 Long EC JP N 2 N N N Mitsui Fudosan Co Ltd 353800ND4ZKNZDYKMF33 Mitsui Fudosan Co Ltd 000000000 1679200.00000000 NS 29220885.43000000 2.425999891260 Long EC CORP JP N 2 N N N ESR CAYMAN LTD 549300C81AR42BZUFZ09 ESR Cayman Ltd 000000000 2820400.00000000 NS 8806466.77000000 0.731137578893 Long EC CORP KY N 2 N N N Castellum AB 549300GU5OHTR1T5IY68 Castellum AB 000000000 630303.00000000 NS 14316882.73000000 1.188627772056 Long EC CORP SE N 2 N N N Stockland N/A Stockland 000000000 2027696.00000000 NS 5539306.96000000 0.459888805040 Long EC AU N 2 N N N Ventas Inc ORQTRC074CWLT3DKHT41 Ventas Inc 92276F100 1026025.00000000 NS USD 43052009.00000000 3.574298574995 Long EC US N 1 N N N Sun Communities Inc 549300H5GEOJYN41ZG57 Sun Communities Inc 866674104 120002.00000000 NS USD 16873481.22000000 1.400883751553 Long EC US N 1 N N N ICADE 969500UDH342QLTE1M42 ICADE 000000000 4924.00000000 NS 275893.74000000 0.022905472349 Long EC FR N 2 N N N BG LLH, LLC N/A BG LLH, LLC PRIVATE INVESTMENT 000000000 67212.50000000 NS USD 3870767.88000000 0.321362009322 Long EC US Y 3 N N N New World Development Co Ltd 2549008GWMWXTIRL4S48 New World Development Co Ltd 000000000 3348000.00000000 NS 16343960.94000000 1.356921492272 Long EC CORP HK N 2 N N N Mapletree Industrial Trust 549300R7WZFHXNKDJF41 Mapletree Industrial Trust 000000000 3524900.00000000 NS 8351501.76000000 0.693365107301 Long EC SG N 2 N N N Kilroy Realty Corp 549300CXXI18B214UN80 Kilroy Realty Corp 49427F108 238247.00000000 NS USD 12379314.12000000 1.027765389962 Long EC US N 1 N N N Extra Space Storage Inc N/A Extra Space Storage Inc 30225T102 175981.00000000 NS USD 18828207.19000000 1.563170585812 Long EC US N 1 N N N Public Storage 549300LMZF40TKJ6DM64 Public Storage 74460D109 282876.00000000 NS USD 63002142.72000000 5.230614649033 Long EC US N 1 N N N Aedifica SA 529900DTKNXL0AXQFN28 Aedifica SA 000000000 75071.00000000 NS 9168434.17000000 0.761189127986 Long EC BE N 2 N N N Catena AB 549300EMLM7AH5LDLY65 Catena AB 000000000 182033.00000000 NS 8060292.82000000 0.669188124079 Long EC CORP SE N 2 N N N Caesars Entertainment Inc 5299000BKFWWVND5L441 Caesars Entertainment Inc 12769G100 103835.00000000 NS USD 5820990.10000000 0.483274929620 Long EC CORP US N 1 N N N Mitsui Fudosan Logistics Park Inc 353800DN63EIYS760S59 Mitsui Fudosan Logistics Park Inc 000000000 920.00000000 NS 4396376.11000000 0.364999479237 Long EC JP N 2 N N N Goodman Group N/A Goodman Group 000000000 459839.00000000 NS 5953729.04000000 0.494295288834 Long EC AU N 2 N N N UNITE Group PLC/The 213800BBUUWVDH9YI827 UNITE Group PLC/The 000000000 382524.00000000 NS 4136105.66000000 0.343391096256 Long EC GB N 2 N N N Equinix Inc 549300EVUN2BTLJ3GT74 Equinix Inc 29444U700 27995.00000000 NS USD 21279839.35000000 1.766711966097 Long EC US N 1 N N N Daiwa House REIT Investment Corp 3538001FWU534P8JMO05 Daiwa House REIT Investment Corp 000000000 4056.00000000 NS 10349605.61000000 0.859253294859 Long EC JP N 2 N N N UDR Inc P3CH2EG5X6Z1XWU1OO74 UDR Inc 902653104 826559.00000000 NS USD 26954088.99000000 2.237804091029 Long EC US N 1 N N N Keppel DC REIT N/A Keppel DC REIT 000000000 4442100.00000000 NS 9494678.39000000 0.788274838449 Long EC SG N 2 N N N Vonovia SE 5299005A2ZEP6AP7KM81 Vonovia SE 000000000 547032.00000000 NS 37500639.16000000 3.113408275813 Long EC CORP DE N 2 N N N CA Immobilien Anlagen AG 5299003ICAPV07J0R180 CA Immobilien Anlagen AG 000000000 246897.00000000 NS 7298770.50000000 0.605964404526 Long EC CORP AT N 2 N N N AZ. BGP HOLDINGS N/A AZ. BGP HOLDINGS 000000000 11893063.00000000 NS 0.00000000 0.000000 Long EC CORP MT N 3 N N N Hilton Worldwide Holdings Inc 549300HVGPK36ICB0B89 Hilton Worldwide Holdings Inc 43300A203 113328.00000000 NS USD 9669144.96000000 0.802759542579 Long EC CORP US N 1 N N N Parkway Life Real Estate Investment Trust 549300I4DKVD2OF5LW91 Parkway Life Real Estate Investment Trust 000000000 3434000.00000000 NS 10464413.44000000 0.868784963014 Long EC SG N 2 N N N United Urban Investment Corp 353800GYZWBD7BDCN841 United Urban Investment Corp 000000000 10558.00000000 NS 11748487.13000000 0.975392363387 Long EC JP N 2 N N N Sands China Ltd 549300EVO6UZDGY05787 Sands China Ltd 000000000 1404800.00000000 NS 5445301.56000000 0.452084212988 Long EC CORP KY N 2 N N N CyrusOne Inc 5493006S177ZK2ZNBU43 CyrusOne Inc 23283R100 166690.00000000 NS USD 11673300.70000000 0.969150175024 Long EC US N 1 N N N Activia Properties Inc 353800RPGYN3ML8CXV54 Activia Properties Inc 000000000 2916.00000000 NS 11105404.84000000 0.922001867424 Long EC JP N 2 N N N Americold Realty Trust 549300R7N1V5YV8MWH02 Americold Realty Trust 03064D108 426080.00000000 NS USD 15232360.00000000 1.264633263497 Long EC US N 1 N N N Gecina SA 9695003E4MMA10IBTR26 Gecina SA 000000000 48353.00000000 NS 6374164.62000000 0.529201030271 Long EC FR N 2 N N N Mindspace Business Parks REIT N/A Mindspace Business Parks REIT 000000000 1876000.00000000 NS 7753946.87000000 0.643754423818 Long EC IN N 1 N N N Hang Lung Properties Ltd 529900CIVTNMXQT59E61 Hang Lung Properties Ltd 000000000 3813000.00000000 NS 9717675.80000000 0.806788709075 Long EC CORP HK N 2 N N N Healthpeak Properties Inc PZ9HF5U52KPF0MH0QN75 Healthpeak Properties Inc 42250P103 644490.00000000 NS USD 17497903.50000000 1.452725041134 Long EC US N 1 N N N Duke Realty Corp N/A Duke Realty Corp 264411505 565981.00000000 NS USD 20884698.90000000 1.733906297322 Long EC US N 1 N N N Nippon Building Fund Inc 52990053R8NL2MB32172 Nippon Building Fund Inc 000000000 1705.00000000 NS 9650265.40000000 0.801192108538 Long EC JP N 2 N N N Grainger PLC 2138007CEIRKZMNI2979 Grainger PLC 000000000 1468562.00000000 NS 5619091.93000000 0.466512777096 Long EC CORP GB N 2 N N N Invitation Homes Inc N/A Invitation Homes Inc 46187W107 864877.00000000 NS USD 24207907.23000000 2.009808376556 Long EC US N 1 N N N Essex Property Trust Inc 549300TR2H2VEFX0NC60 Essex Property Trust Inc 297178105 155774.00000000 NS USD 31277861.46000000 2.596775812375 Long EC US N 1 N N N CapitaLand Commercial Trust 5493006N1HMMKB2HAT92 CapitaLand Commercial Trust 000000000 7140600.00000000 NS 8658306.40000000 0.718836889293 Long EC SG N 2 N N N Crown Castle International Corp 54930012H97VSM0I2R19 Crown Castle International Corp 22822V101 55758.00000000 NS USD 9283707.00000000 0.770759401745 Long EC US N 1 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust Inc 253868103 116490.00000000 NS USD 17096072.40000000 1.419363895825 Long EC US N 1 N N N Sun Hung Kai Properties Ltd 529900LUMD393RD3S874 Sun Hung Kai Properties Ltd 000000000 1072500.00000000 NS 13820794.73000000 1.147441154459 Long EC CORP HK N 2 N N N Link REIT 529900XUE70U36QX5M62 Link REIT 000000000 2410060.00000000 NS 19748960.92000000 1.639614143767 Long EC HK N 2 N N N Mirvac Group N/A Mirvac Group 000000000 11292513.00000000 NS 17702103.07000000 1.469678262343 Long EC AU N 2 N N N Healthcare Trust of America Inc 549300L0I14L7I0VLX84 Healthcare Trust of America Inc 42225P501 302178.00000000 NS USD 7856628.00000000 0.652279299316 Long EC US N 1 N N N alstria office REIT-AG 529900QIJIGPI0DRL085 alstria office REIT-AG 000000000 558457.00000000 NS 7765486.62000000 0.644712486239 Long EC DE N 1 N N N Workspace Group PLC 2138003GUZRFIN3UT430 Workspace Group PLC 000000000 40438.00000000 NS 280562.02000000 0.023293046052 Long EC GB N 2 N N N Mitsubishi Estate Co Ltd 353800KOFMRGOXSJ5Z65 Mitsubishi Estate Co Ltd 000000000 1611514.00000000 NS 24410581.80000000 2.026634987987 Long EC CORP JP N 2 N N N GDS Holdings Ltd 391200MGV8DDCHTN2R77 GDS Holdings Ltd 36165L108 71446.00000000 NS USD 5846426.18000000 0.485386704346 Long EC CORP KY N 1 N N N Klepierre SA 969500PB4U31KEFHZ621 Klepierre SA 000000000 487065.00000000 NS 6817924.93000000 0.566043256232 Long EC FR N 2 N N N LondonMetric Property PLC 213800OCERWWPQDURL87 LondonMetric Property PLC 000000000 2039890.00000000 NS 5834419.06000000 0.484389839556 Long EC GB N 2 N N N Warehouses De Pauw CVA 549300HWDYC5JXC85138 Warehouses De Pauw CVA 000000000 160251.00000000 NS 5831714.29000000 0.484165281962 Long EC BE N 2 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 Simon Property Group Inc 828806109 694249.00000000 NS USD 44904025.32000000 3.728058165945 Long EC US N 1 N N N Land Securities Group PLC 213800V8IAVKS37D6B88 Land Securities Group PLC 000000000 591937.00000000 NS 3985128.18000000 0.330856522280 Long EC GB N 2 N N N State Street Institutional Treasury Money Market Fund 549300Q3FHSMZ70NLT76 State Street Institutional Treasury Money Market Fund 857492870 20453092.39000000 NS USD 20453092.39000000 1.698073113935 Long STIV RF US N 2 N N N Instone Real Estate Group AG 391200DINUIRPDZQHX03 Instone Real Estate Group AG 000000000 440995.00000000 NS 10215705.55000000 0.848136536205 Long EC CORP DE N 2 N N N Medical Properties Trust Inc 254900U6E39J1MQCCY14 Medical Properties Trust Inc 58463J304 764205.00000000 NS USD 13472934.15000000 1.118560793140 Long EC US N 1 N N N Charter Hall Group N/A Charter Hall Group 000000000 1788769.00000000 NS 16050572.15000000 1.332563531787 Long EC AU N 2 N N N Assura PLC 21380026T19N2Y52XF72 Assura PLC 000000000 8772213.00000000 NS 8731724.15000000 0.724932236881 Long EC GB N 2 N N N City Developments Ltd 254900BPLPJS0RJ72373 City Developments Ltd 000000000 1700800.00000000 NS 9574603.79000000 0.794910469398 Long EC CORP SG N 2 N N N Fastighets AB Balder 549300GHKJCEZOAEUU82 Fastighets AB Balder 000000000 314476.00000000 NS 15932694.74000000 1.322777018489 Long EC CORP SE N 2 N N N Safestore Holdings PLC 213800WGA3YSJC1YOH73 Safestore Holdings PLC 000000000 740286.00000000 NS 7434761.74000000 0.617254778812 Long EC CORP GB N 2 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 Weyerhaeuser Co 962166104 194387.00000000 NS USD 5543917.24000000 0.460271563420 Long EC US N 1 N N N Prologis Inc 529900DFH19P073LZ636 Prologis Inc 74340W103 727006.00000000 NS USD 73151343.72000000 6.073229790911 Long EC US N 1 N N N Derwent London PLC 213800BXKQ9KZNUR1M61 Derwent London PLC 000000000 103249.00000000 NS 3418510.28000000 0.283814314505 Long EC GB N 2 N N N Agree Realty Corp N/A Agree Realty Corp 008492100 268575.00000000 NS USD 17092113.00000000 1.419035175328 Long EC US N 1 N N N Kimco Realty Corp 549300EA7I6T15IBYS12 Kimco Realty Corp 49446R109 1062569.00000000 NS USD 11964526.94000000 0.993328594540 Long EC US N 1 N N N Boyd Gaming Corp 254900787YGRYS2A1Z35 Boyd Gaming Corp 103304101 280781.00000000 NS USD 8617168.89000000 0.715421537796 Long EC CORP US N 1 N N N VICI Properties Inc 254900RKH6RY9KCJQH63 VICI Properties Inc 925652109 1308274.00000000 NS USD 30574363.38000000 2.538369428021 Long EC US N 1 N N N GLP J-Reit 353800E27V9KA51K2I90 GLP J-Reit 000000000 8262.00000000 NS 12715944.03000000 1.055713349547 Long EC JP N 2 N N N China Resources Land Ltd 5299001HL0TU7X15HK51 China Resources Land Ltd 000000000 1492000.00000000 NS 6804749.59000000 0.564949402540 Long EC CORP KY N 2 N N N Allied Properties Real Estate Investment Trust 549300AMZMPKVHA0MY77 Allied Properties Real Estate Investment Trust 000000000 261040.00000000 NS 7028113.10000000 0.583493667815 Long EC CA N 1 N N N 2020-10-30 COHEN & STEERS GLOBAL REALTY SHARES, INC Albert Laskaj Albert Laskaj Treasurer XXXX NPORT-EX 2 NPORT_332232954749077.htm DOS

COHEN & STEERS GLOBAL REALTY SHARES, INC.

SCHEDULE OF INVESTMENTS

September 30, 2020 (Unaudited)

 

                                                                       
                          Shares      Value  

COMMON STOCK

     98.7     

AUSTRALIA

     3.8     

REAL ESTATE

       

DIVERSIFIED

     3.3     

BGP Holdings PLC (EUR)(a),(b)

       11,893,063      $ 0  

Charter Hall Group

       1,788,769        16,050,572  

Mirvac Group

       11,292,513        17,702,103  

Stockland

       2,027,696        5,539,307  
       

 

 

 
     39,291,982  
       

 

 

 

INDUSTRIALS

     0.5     

Goodman Group

       459,839        5,953,729  
       

 

 

 

TOTAL AUSTRALIA

          45,245,711  
       

 

 

 

AUSTRIA

     0.6     

REAL ESTATE—DIVERSIFIED

       

CA Immobilien Anlagen AG

       246,897        7,298,771  
       

 

 

 

BELGIUM

     1.2     

REAL ESTATE

       

INDUSTRIALS

     0.5     

Warehouses De Pauw SCA

       160,251        5,831,714  
       

 

 

 

RESIDENTIAL

     0.7     

Aedifica SA

       75,071        9,168,434  
       

 

 

 

TOTAL BELGIUM

          15,000,148  
       

 

 

 

CANADA

     0.6     

REAL ESTATE—OFFICE

       

Allied Properties REIT

       261,040        7,028,113  
       

 

 

 

CHINA

     1.8     

INDUSTRIALS

     0.7     

ESR Cayman Ltd., 144A (H Shares)(b),(c)

       2,820,400        8,806,467  
       

 

 

 

REAL ESTATE

     1.1     

DATA CENTERS

     0.5     

GDS Holdings Ltd., ADR (USD)(b)

       71,446        5,846,426  
       

 

 

 

DIVERSIFIED

     0.6     

China Resources Land Ltd. (H Shares)

       1,492,000        6,804,750  
       

 

 

 

TOTAL REAL ESTATE

          12,651,176  
       

 

 

 

TOTAL CHINA

          21,457,643  
       

 

 

 

 

1

 

 


                                                                       
                          Shares      Value  

FRANCE

     2.2     

REAL ESTATE

       

DIVERSIFIED

     0.6     

Covivio

       93,190      $ 6,543,697  

ICADE

       9,399        526,630  
       

 

 

 
          7,070,327  
       

 

 

 

NET LEASE

     0.5     

ARGAN SA

       68,107        6,683,183  
       

 

 

 

OFFICE

     0.5     

Gecina SA

       46,014        6,065,824  
       

 

 

 

RETAIL

     0.6     

Klepierre SA

       487,065        6,817,925  
       

 

 

 

TOTAL FRANCE

          26,637,259  
       

 

 

 

GERMANY

     7.3     

REAL ESTATE

       

OFFICE

     0.6     

Alstria Office REIT AG

       558,457        7,765,487  
       

 

 

 

RESIDENTIAL

     6.7     

Deutsche Wohnen SE

       488,810        24,430,359  

Instone Real Estate Group AG, 144A(b),(c)

       440,995        10,215,706  

LEG Immobilien AG

       57,040        8,130,411  

Vonovia SE

       547,032        37,500,639  
       

 

 

 
          80,277,115  
       

 

 

 

TOTAL GERMANY

          88,042,602  
       

 

 

 

HONG KONG

     4.9     

REAL ESTATE

       

DIVERSIFIED

     3.3     

Hang Lung Properties Ltd.

       3,813,000        9,717,676  

New World Development Co., Ltd.

       3,348,000        16,343,961  

Sun Hung Kai Properties Ltd.

       1,072,500        13,820,794  
       

 

 

 
          39,882,431  
       

 

 

 

RETAIL

     1.6     

Link REIT

       2,410,060        19,748,961  
       

 

 

 

TOTAL HONG KONG

          59,631,392  
       

 

 

 

 

2

 

 


                                                                       
                          Shares      Value  

INDIA

     0.6     

REAL ESTATE—DIVERSIFIED

       

Mindspace Business Parks REIT, 144A(b),(c)

       1,863,200      $ 7,701,041  
       

 

 

 

JAPAN

     11.7     

REAL ESTATE

       

DIVERSIFIED

     7.3     

Activia Properties, Inc.

       2,916        11,105,405  

Mitsubishi Estate Co., Ltd.

       1,611,514        24,410,582  

Mitsui Fudosan Co., Ltd.

       1,679,200        29,220,886  

NIPPON REIT Investment Corp.

       3,387        11,515,865  

United Urban Investment Corp.

       10,558        11,748,487  
       

 

 

 
          88,001,225  
       

 

 

 

INDUSTRIALS

     1.6     

GLP J-REIT

       8,262        12,715,944  

Mitsui Fudosan Logistics Park, Inc.

       1,274        6,088,025  
       

 

 

 
          18,803,969  
       

 

 

 

OFFICE

     0.8     

Nippon Building Fund, Inc.

       1,705        9,650,265  
       

 

 

 

RESIDENTIAL

     0.9     

Daiwa House REIT Investment Corp.

       4,056        10,349,606  
       

 

 

 

RETAIL

     1.1     

Japan Retail Fund Investment Corp.

       8,984        13,898,427  
       

 

 

 

TOTAL JAPAN

          140,703,492  
       

 

 

 

MACAU

     0.4     

REAL ESTATE—HOTELS, RESTAURANTS & LEISURE

       

Sands China Ltd. (H Shares)

       1,404,800        5,445,302  
       

 

 

 

NORWAY

     0.5     

REAL ESTATE—OFFICE

       

Entra ASA, 144A(c)

       391,120        5,496,386  
       

 

 

 

SINGAPORE

     3.9     

REAL ESTATE

       

DIVERSIFIED

     1.6     

City Developments Ltd.

       1,700,800        9,574,604  

Keppel DC REIT

       4,442,100        9,494,678  
       

 

 

 
          19,069,282  
       

 

 

 

 

3

 

 


                                                                       
                          Shares      Value  

HEALTH CARE

     0.9     

Parkway Life Real Estate Investment Trust

       3,434,000      $ 10,464,414  
       

 

 

 

INDUSTRIALS

     0.7     

Mapletree Industrial Trust

       3,524,900        8,351,502  
       

 

 

 

OFFICE

     0.7     

CapitaLand Commercial Trust

       7,140,600        8,658,306  
       

 

 

 

TOTAL SINGAPORE

          46,543,504  
       

 

 

 

SWEDEN

     3.2     

REAL ESTATE

       

DIVERSIFIED

     2.5     

Castellum AB

       630,303        14,316,882  

Fastighets AB Balder, Class B(b)

       314,476        15,932,695  
       

 

 

 
          30,249,577  
       

 

 

 

INDUSTRIALS

     0.7     

Catena AB

       182,033        8,060,293  
       

 

 

 

TOTAL SWEDEN

          38,309,870  
       

 

 

 

UNITED KINGDOM

     4.7     

REAL ESTATE

       

DIVERSIFIED

     0.3     

Land Securities Group PLC

       591,937        3,985,128  
       

 

 

 

HEALTH CARE

     0.7     

Assura PLC

       8,772,213        8,731,724  
       

 

 

 

INDUSTRIALS

     2.0     

LondonMetric Property PLC

       2,039,890        5,834,419  

Segro PLC

       1,459,531        17,539,966  
       

 

 

 
          23,374,385  
       

 

 

 

OFFICE

     0.3     

Derwent London PLC

       103,249        3,418,510  

Workspace Group PLC

       46,697        323,988  
       

 

 

 
          3,742,498  
       

 

 

 

RESIDENTIAL

     0.8     

Grainger PLC

       1,468,562        5,619,092  

UNITE Group PLC

       382,524        4,136,106  
       

 

 

 
          9,755,198  
       

 

 

 

SELF STORAGE

     0.6     

Safestore Holdings PLC

       740,286        7,434,762  
       

 

 

 

 

4

 

 


                                                                       
                          Shares      Value  

TOTAL UNITED KINGDOM

        $ 57,023,695  
       

 

 

 

UNITED STATES

     51.3     

COMMUNICATIONS—TOWERS

     0.8     

Crown Castle International Corp.

       55,758        9,283,707  
       

 

 

 

CONSUMER, CYCLICAL—HOTELS, RESTAURANTS & LEISURE

     1.2     

Boyd Gaming Corp.

       280,781        8,617,169  

Caesars Entertainment, Inc.(b)

       103,835        5,820,990  
       

 

 

 
          14,438,159  
       

 

 

 

REAL ESTATE

     49.3     

DATA CENTERS

     4.1     

CyrusOne, Inc.

       166,690        11,673,301  

Digital Realty Trust, Inc.

       114,129        16,749,572  

Equinix, Inc.

       27,995        21,279,839  
       

 

 

 
          49,702,712  
       

 

 

 

HEALTH CARE

     9.1     

Healthcare Trust of America, Inc., Class A

       320,557        8,334,482  

Healthpeak Properties, Inc.

       644,490        17,497,903  

Medical Properties Trust, Inc.

       784,426        13,829,430  

Ventas, Inc.

       1,016,011        42,631,822  

Welltower, Inc.

       498,955        27,487,431  
       

 

 

 
          109,781,068  
       

 

 

 

HOTEL

     0.8     

Hilton Worldwide Holdings, Inc.

       113,328        9,669,145  
       

 

 

 

INDUSTRIALS

     9.2     

Americold Realty Trust

       426,080        15,232,360  

BG LLH LLC (Lineage Logistics)(d)

       67,213        3,870,768  

Duke Realty Corp.

       556,010        20,516,769  

Prologis, Inc.

       712,664        71,708,252  
       

 

 

 
          111,328,149  
       

 

 

 

NET LEASE

     4.9     

Agree Realty Corp.

       268,575        17,092,113  

VEREIT, Inc.

       1,805,958        11,738,727  

VICI Properties, Inc.

       1,292,341        30,202,009  
       

 

 

 
          59,032,849  
       

 

 

 

 

5

 

 


                                                                       
                          Shares      Value  

OFFICE

     1.0     

Kilroy Realty Corp.

       238,247      $ 12,379,314  
       

 

 

 

RESIDENTIAL

     8.2     

APARTMENT

     4.8     

Essex Property Trust, Inc.

       153,451        30,811,426  

UDR, Inc.

       812,772        26,504,495  
       

 

 

 
     57,315,921  
       

 

 

 

MANUFACTURED HOME

     1.4     

Sun Communities, Inc.

       120,002        16,873,481  
       

 

 

 

SINGLE FAMILY

     2.0     

Invitation Homes, Inc.

       864,877        24,207,908  
       

 

 

 

TOTAL RESIDENTIAL

          98,397,310  
       

 

 

 

SELF STORAGE

     6.8     

Extra Space Storage, Inc.

       175,981        18,828,208  

Public Storage

       280,610        62,497,459  
       

 

 

 
     81,325,667  
       

 

 

 

SHOPPING CENTERS

     4.7     

COMMUNITY CENTER

     1.0     

Kimco Realty Corp.

       1,062,569        11,964,527  
       

 

 

 

REGIONAL MALL

     3.7     

Simon Property Group, Inc.

       686,847        44,425,264  
       

 

 

 

TOTAL SHOPPING CENTERS

          56,389,791  
       

 

 

 

TIMBER

     0.5     

Weyerhaeuser Co.

       194,387        5,543,917  
       

 

 

 

TOTAL REAL ESTATE

          593,549,922  
       

 

 

 

TOTAL UNITED STATES

          617,271,788  
       

 

 

 

TOTAL COMMON STOCK
(Identified cost—$1,078,716,931)

          1,188,836,717  
       

 

 

 

SHORT-TERM INVESTMENTS

     1.7     

MONEY MARKET FUNDS

       

State Street Institutional Treasury Money Market Fund, Premier Class, 0.02%(e)

       20,453,092        20,453,092  
       

 

 

 

TOTAL SHORT-TERM INVESTMENTS
(Identified cost—$20,453,092)

          20,453,092  
       

 

 

 

TOTAL INVESTMENTS IN SECURITIES
(Identified cost—$1,099,170,023)

     100.4        1,209,289,809  

LIABILITIES IN EXCESS OF OTHER ASSETS

     (0.4        (5,182,569
  

 

 

      

 

 

 

NET ASSETS

     100.0      $ 1,204,107,240  
  

 

 

      

 

 

 

 

6

 

 


Glossary of Portfolio Abbreviations

 

ADR    American Depositary Receipt
EUR    Euro Currency
REIT    Real Estate Investment Trust
USD    United States Dollars

 

Note: Percentages indicated are based on the net assets of the Fund.

(a)

Security value is determined based on significant unobservable inputs (Level 3).

(b)

Non-income producing security.

(c)

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. Aggregate holdings amounted to $32,219,600 which represents 2.7% of the net assets of the Fund, of which 0.0% are illiquid.

(d)

Restricted security. Aggregate holdings equal 0.3% of the net assets of the Fund. This security was acquired on August 3, 2020, at a cost of $4,200,781 ($62.50 per share). Security value is determined based on significant unobservable inputs (Level 3).

(e)

Rate quoted represents the annualized seven-day yield.

 

7

 

 


                    

Sector Summary

   % of
Net
Assets
 

Diversified

     20.7  

Residential

     17.3  

Industrials

     15.9  

Health Care

     10.7  

Self Storage

     7.4  

Net Lease

     5.4  

Office

     5.0  

Shopping Centers

     4.7  

Data Centers

     4.6  

Retail

     3.3  

Hotels, Restaurants & Leisure

     1.6  

Other

     1.3  

Hotel

     0.8  

Communications—Towers

     0.8  

Timber

     0.5  
  

 

 

 
     100.0  
  

 

 

 

 

8

 

 


COHEN & STEERS GLOBAL REALTY SHARES, INC.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

 

Note 1. Portfolio Valuation

Investments in securities that are listed on the New York Stock Exchange (NYSE) are valued, except as indicated below, at the last sale price reflected at the close of the NYSE on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the closing bid and ask prices on such day or, if no ask price is available, at the bid price.

Securities not listed on the NYSE but listed on other domestic or foreign securities exchanges (including NASDAQ) are valued in a similar manner. Securities traded on more than one securities exchange are valued at the last sale price reflected at the close of the exchange representing the principal market for such securities on the business day as of which such value is being determined. If after the close of a foreign market, but prior to the close of business on the day the securities are being valued, market conditions change significantly, certain non-U.S. equity holdings may be fair valued pursuant to procedures established by the Board of Directors.

Readily marketable securities traded in the over-the-counter (OTC) market, including listed securities whose primary market is believed by Cohen & Steers Capital Management, Inc. (the investment advisor) to be OTC, are valued on the basis of prices provided by a third-party pricing service or third-party broker-dealers when such prices are believed by the investment advisor, pursuant to delegation by the Board of Directors, to reflect the fair value of such securities.

Short-term debt securities with a maturity date of 60 days or less are valued at amortized cost, which approximates fair value. Investments in open-end mutual funds are valued at net asset value (NAV).

The policies and procedures approved by the Fund’s Board of Directors delegate authority to make fair value determinations to the investment advisor, subject to the oversight of the Board of Directors. The investment advisor has established a valuation committee (Valuation Committee) to administer, implement and oversee the fair valuation process according to the policies and procedures approved annually by the Board of Directors. Among other things, these procedures allow the Fund to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.

Securities for which market prices are unavailable, or securities for which the investment advisor determines that the bid and/or ask price or a counterparty valuation does not reflect market value, will be valued at fair value, as determined in good faith by the Valuation Committee, pursuant to procedures approved by the Fund’s Board of Directors. Circumstances in which market prices may be unavailable include, but are not limited to, when trading in a security is suspended, the exchange on which the security is traded is subject to an unscheduled close or disruption or material events occur after the close of the exchange on which the security is principally traded. In these circumstances, the Fund determines fair value in a manner that fairly reflects the market value of the security on the valuation date based on consideration of any information or factors it deems appropriate. These may include, but are not limited to, recent transactions in comparable securities, information relating to the specific security and developments in the markets.

Foreign equity fair value pricing procedures utilized by the Fund may cause certain non-U.S. equity holdings to be fair valued on the basis of fair value factors provided by a pricing service to reflect any significant market movements between the time the Fund values such securities and the earlier closing of foreign markets.

 

 

 


COHEN & STEERS GLOBAL REALTY SHARES, INC.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

 

The Fund’s use of fair value pricing may cause the NAV of Fund shares to differ from the NAV that would be calculated using market quotations. Fair value pricing involves subjective judgments and it is possible that the fair value determined for a security may be materially different than the value that could be realized upon the sale of that security.

Fair value is defined as the price that the Fund would expect to receive upon the sale of an investment or expect to pay to transfer a liability in an orderly transaction with an independent buyer in the principal market or, in the absence of a principal market, the most advantageous market for the investment or liability. The hierarchy of inputs that are used in determining the fair value of the Fund’s investments is summarized below.

 

   

Level 1 — quoted prices in active markets for identical investments

   

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, credit risk, etc.)

   

Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing investments may or may not be an indication of the risk associated with those investments. Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the inputs used as of September 30, 2020 in valuing the Fund’s investments carried at value:

 

                                                                                   
     Total      Quoted Prices in
Active Markets
for Identical
Investments
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
 

Common Stock:

           

Australia

   $ 45,245,711      $      $ 45,245,711      $ 0 (a) 

Austria

     7,298,771               7,298,771         

Belgium

     15,000,148               15,000,148         

China

     21,457,643        5,846,426        15,611,217         

France

     26,637,259               26,637,259         

Germany

     88,042,602        7,765,487        80,277,115         

Hong Kong

     59,631,392               59,631,392         

Japan

     140,703,492               140,703,492         

Macau

     5,445,302               5,445,302         

Norway

     5,496,386               5,496,386         

Singapore

     46,543,504               4,6543,504         

Sweden

     38,309,870               38,309,870         

United Kingdom

     57,023,695               57,023,695         

United States

     617,271,788        613,401,020               3,870,768 (b) 

Other Countries

     14,729,154        14,729,154                

Short-Term Investments

     20,453,092               20,453,092         
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Investments in Securities(c)

   $ 1,209,289,809      $ 641,742,087      $ 563,676,954      $ 3,870,768  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(a)

BGP Holdings PLC was acquired via a spinoff and has been fair valued at $0, by the Valuation Committee, pursuant to the Fund’s fair value procedures and classified as a Level 3 security.

 

 

 


COHEN & STEERS GLOBAL REALTY SHARES, INC.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited) (Continued)

 

(b)

Restricted security, where observable inputs are limited, has been fair valued by the Valuation Committee, pursuant to the Fund’s fair value procedures and classified as Level 3 security.

(c)

Portfolio holdings are disclosed individually on the Schedule of Investments.

The following is a reconciliation of investments for which significant unobservable inputs (Level 3) were used in determining fair value:

 

                           
     Common Stock—
United  States—Real Estate—
Industrials
 

Balance as of December 31, 2019

   $  

Purchases

     4,200,781  

Change in unrealized appreciation (depreciation)

     (330,013
  

 

 

 

Balance as of September 30, 2020

   $ 3,870,768  
  

 

 

 

The change in unrealized appreciation (depreciation) attributable to securities owned on September 30, 2020 which were valued using significant unobservable inputs (Level 3) amounted to $(330,013).

The following table summarizes the quantitative inputs and assumptions used for investments categorized in Level 3 of the fair value hierarchy.

 

                                                                                                        
    Fair Value at
September 30, 2020
   

Valuation Technique

 

Unobservable
Inputs

  Range/Weighted
Average
  Valuation from
an Increase
in Input (a)

Common Stock—United States—
Real Estate—Industrials

    $3,870,768     Market Comparable
Companies
  Enterprise Value/
EBITDA Ratio
  19.3x – 30.1x /22.8%   Increase
      Liquidity Discount   41%   Decrease

The significant unobservable inputs utilized in the fair value measurement of the Fund’s Level 3 equity investment in Common Stock—United States—Real Estate—Industrials are the Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) ratio and Liquidity Discount.

 

(a)

Represents the directional change in the fair value of the Level 3 investments that could have resulted from an increase in the corresponding input as of period end. A decrease to the unobservable input would have had the opposite effect. Significant changes in these inputs may result in a materially higher or lower fair value measurement.