Kawa Capital Management, Inc.

AUM · $55M (13F)Positions · 5Turnover · n/a · Q4Filed · Jan 21, 2026

CONCENTRATION

n/a

Top 10 holdings

NEW BUYS

+$8M deployed

EXITS

No exits

SECTOR SHIFT

n/a

No prior quarter data

§ 01 · TOP HOLDINGS

The book · Q4 2025

FILED JAN 21, 2026

#	Ticker	Name	Shares	$ value	% port	Δ Q4
1	BDN	Brandywine Realty Trust	3.92M	$16M	36.4%	±0%
2	ONL	Orion Properties Inc	5.47M	$13M	29.0%	±0%
3	ARE	Alexandria Real Estate Equities Inc	160K	$8M	18.3%	NEW
4	VALE	Vale SA	520K	$7M	16.3%	−49%

§ 02 · SECTOR ALLOCATION

Sector data pending

§ 03 · THE KAWA SIGNAL

Kawa Capital Management, Inc is a Other fund managing $55 million in assets. The fund runs a focused portfolio of just 5 positions.