SCHEDULE: Cohen & Steers Discloses 5.09% Stake in Welltower

Cohen & Steers, Inc. and its affiliates reported beneficial ownership of 5.09% of Welltower, Inc.'s common stock as of September 30, 2025.

Summary

• Cohen & Steers, Inc. and its affiliates collectively reported beneficial ownership of 34,062,384 shares of Welltower, Inc. common stock.
• This represents 5.09% of Welltower, Inc.'s outstanding common stock.
• The filing is an Amendment No. 5 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Welltower, Inc.
• Cohen & Steers Capital Management, Inc. beneficially owns 33,673,350 shares, representing 5.03% of the class.
• Cohen & Steers UK Limited beneficially owns 359,824 shares, representing 0.05% of the class.
• Cohen & Steers Ireland Limited beneficially owns 29,210 shares, representing 0.00% of the class.
• Cohen & Steers Asia Limited reported 0 shares beneficially owned.
• Cohen & Steers, Inc. is the parent holding company for Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd., and Cohen & Steers Ireland Ltd.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It simply reports a significant institutional stake.

Positives

• The disclosure of a significant institutional stake (over 5%) by Cohen & Steers, a specialized global real estate and infrastructure asset manager, can be interpreted as a vote of confidence in Welltower, Inc.'s long-term prospects.

Future Outlook

NA

Industry Context

This filing reflects a significant institutional investment by Cohen & Steers, a specialized global real estate and infrastructure asset manager, in Welltower, Inc., a leading healthcare real estate investment trust (REIT). Such disclosures are common for large asset managers holding over 5% of a company's stock and provide transparency into major institutional positions within the REIT sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major asset manager.
• Management: Awareness of a significant institutional shareholder, which may influence engagement strategies.

Key Dates

Keywords

Welltower, Cohen & Steers, beneficial ownership, Schedule 13G, common stock, institutional investor, REIT, equity