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The Vickers Top Insider Picks is a daily report that utilizes a proprietary algorithm to identify 25 companies with compelling insider purchase histories based on transactions over the past three months.

Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 245 temperature-controlled warehouses, spanning 1.5 billion cubic feet. In 2022, the firm derived more than 80% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.

Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 451 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company’s properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company’s properties either being age-restricted or having an average resident age over 55.

Prologis is a global industrial REIT that owns and manages space for warehouses, manufacturing, distribution, and large-scale storage. PLD has become the world's largest industrial REIT by focusing on business-to-business fulfillment and e-commerce. As of the end of 1H24, the company's portfolio includes 5,576 buildings with 1.2 billion square feet of space. The REIT has a presence in 19 countries on four continents with about 70% of the portfolio is in the U.S, 20% in Europe, 6% in South America, and 5% in Asia. About 86% of current NOI comes from North American assets. The company's top tenants are Amazon, Home Depot, and FedEx, with Amazon accounting for about 5% of net effective rent. PLD partners with other companies in joint ventures to reduce risk, and its ownership share of total square footage is about 65%. About one-fifth of properties currently have at least 500,000 square feet of space. The REIT has a co-investment program labeled Strategic Capital that creates venture opportunities for institutional capital partners. PLD has faced pressure from an oversupply of warehouse space due to slowing sales at online retailers. In response, the company has focused on customized facilities. In early 2023, all new development projects were customized, 99% of total units were leased or in negotiations, and joint venture promote income was a key driver of earnings growth. As of 1Q24, about 43% of new developments were built to suit. Management estimates that the weighted-average stabilized yield of new assets was about 6.3% in 2023. The company has about 2,500 employees and a market cap of $115 billion. It is a member of the S&P 500.