WhaleCreep

Land & Buildings Investment Management, LLC 13F holdings, Q4 2011

Hedge fundSEC filingsCompare with another fundHoldings as of 2011-12-31, filed 2012-02-14

Land & Buildings Investment Management, LLC disclosed 28 US equity positions worth $55.8m in its Q4 2011 13F filing. Its largest position is AMERICAN TOWER CORP at 8.2% of the reported book, followed by PSA and ESS.

$55.8m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
28
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.2%
Largest position
The largest single position as a share of the reported equity book.
66.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
59
Quarters on file since Q4 2011
Quarters for which this manager's 13F holdings are on record.

Holdings

28 rows
AMERICAN TOWER CORP no ticker–8.2%$4.6m75,900–
PSA PUBLIC STORAGEReal Estate7.1%$4.0m29,400–
ESS ESSEX PPTY TR INCReal Estate7.0%$3.9m27,600–
SKT TANGER INCReal Estate6.9%$3.8m130,700–
HCP INC no ticker–6.8%$3.8m92,000–
TCO TAUBMAN CTRS INC–6.6%$3.7m59,700–
SBAC SBA COMMUNICATIONS CORPReal Estate6.6%$3.7m86,100–
SPG SIMON PPTY GROUP INC NEWReal Estate6.1%$3.4m26,600–
DLR DIGITAL RLTY TR INCReal Estate5.9%$3.3m49,300–
CPT CAMDEN PPTY TRReal Estate5.7%$3.2m50,800–
KRC KILROY RLTY CORPReal Estate5.6%$3.1m82,494–
FEDERAL RLTY INVT TR no ticker–5.5%$3.1m34,100–
EQIX EQUINIX INCReal Estate4.9%$2.7m27,100–
NNN NNN REIT INCReal Estate4.7%$2.6m99,200–
EXR EXTRA SPACE STORAGE INCReal Estate4.4%$2.5m101,600–
RYN RAYONIER INCReal Estate4.3%$2.4m54,092–
CROWN CASTLE INTL CORP no ticker–0.4%$246k5,500–
SLG2EUR SL GREEN RLTY CORP–0.4%$199k3,000–
LPTUSD LIBERTY PPTY TR–0.4%$197k6,400–
EQR EQUITY RESIDENTIALReal Estate0.3%$193k3,400–
VNO VORNADO RLTY TRReal Estate0.3%$192k2,500–
MAR MARRIOTT INTL INC NEWConsumer Cyclical0.3%$180k6,200–
STARWOOD HOTELS&RESORTS WRLD no ticker–0.3%$177k3,700–
REG REGENCY CTRS CORPReal Estate0.3%$176k4,700–
MAC MACERICH COReal Estate0.3%$166k3,300–
PLUM CREEK TIMBER CO INC no ticker–0.2%$98.0k2,700–
ELME ELME COMMUNITIESReal Estate0.2%$98.0k3,600–
SOVRAN SELF STORAGE INC no ticker–0.2%$93.0k2,200–

Sector mix

  • Real Estate70.7%
  • Unclassified29.0%
  • Consumer Cyclical0.3%

Book over time

Every quarter on file (59)
QuarterPositionsEquity book
Q2 202619$583m
Q1 202620$591m
Q4 202519$602m
Q3 202522$545m
Q2 202521$501m
Q1 202520$473m
Q4 202420$494m
Q3 202419$489m
Q2 202419$425m
Q1 202418$457m
Q4 202316$435m
Q3 202318$455m
Q2 202318$475m
Q1 202323$432m
Q4 202219$464m
Q3 202221$454m
Q2 202218$438m
Q1 202219$620m
Q4 202117$619m
Q3 202118$596m
Q2 202120$534m
Q1 202120$471m
Q4 202021$456m
Q3 202022$577m
Q2 202022$408m
Q1 202015$248m
Q4 201919$543m
Q3 201917$453m
Q2 201916$404m
Q1 201915$408m
Q4 201815$361m
Q3 201814$464m
Q2 201814$500m
Q1 201818$513m
Q4 201714$500m
Q3 201712$407m
Q2 201712$388m
Q1 201711$382m
Q4 201613$407m
Q3 201617$391m
Q2 201618$185m
Q1 201616$220m
Q4 201517$255m
Q3 201516$194m
Q2 201518$154m
Q1 201537$283m
Q4 201417$125m
Q3 201416$102m
Q2 201417$125m
Q1 201424$103m
Q4 201327$114m
Q3 201325$103m
Q2 201327$106m
Q1 201325$99.3m
Q4 201229$101m
Q3 201228$83.7m
Q2 201231$82.8m
Q1 201227$58.3m
Q4 201128$55.8m

Where Land & Buildings Investment Management, LLC was early

35 rows
BXP BOSTON PROPERTIES INCQ1 20121 of 1132.6%4.4%4Exited by Q2 2013−3.7%
DRH DIAMONDROCK HOSPITALITY COQ1 20121 of 824.9%7.4%11Exited by Q3 2020−46%
PEB PEBBLEBROOK HOTEL TRQ1 20121 of 1004.4%5.4%3Exited by Q1 2014+36%
WCN WASTE CONNECTIONS INCQ1 20122 of 1304.5%4.5%3Exited by Q1 2013+3.9%
HST HOST HOTELS & RESORTS INCQ1 20123 of 1270.5%10.0%10Exited by Q3 2023+2.5%
CBRE CBRE GROUP, INC. CLASS AQ1 20126 of 1582.6%6.5%22Held at last filing, Q2 2026+575%
H HYATT HOTELS CORPQ2 20121 of 1482.2%3.6%2Exited by Q4 2012+8.1%
KIM KIMCO RLTY CORPQ2 20121 of 1050.8%4.2%3Exited by Q4 2013+6.0%
PLD PROLOGIS INC.Q2 20121 of 1364.6%10.4%20Exited by Q2 2026+298%
WYNN WYNN RESORTS LTDQ2 20125 of 1823.6%4.0%7Exited by Q3 2024−14%
LVS LAS VEGAS SANDS CORP.Q2 20126 of 1884.2%11.1%9Exited by Q2 2024+19%
JLL JONES LANG LASALLE INCQ4 20123 of 1333.9%5.7%18Exited by Q2 2022+185%
PHM PULTE GROUP INCQ4 20127 of 1505.0%5.9%3Exited by Q4 2016+10%
MTH MERITAGE HOMES CORPQ1 20132 of 1203.7%4.8%4Exited by Q1 2014+2.4%
MLCO MELCO RESORTS AND ENTMNT LTDQ1 20136 of 1082.1%5.3%5Exited by Q3 2021−29%
BKD BROOKDALE SR LIVING INCQ2 20132 of 1504.3%14.6%22Exited by Q1 2021−83%
FR FIRST INDUSTRIAL REALTY TRUST, INC.Q4 20132 of 1014.5%11.7%20Held at last filing, Q2 2026+251%
DHI D.R. HORTON, INC.Q1 20144 of 2015.1%7.7%24Held at last filing, Q2 2026+652%
AMH AMERICAN HOMES 4 RENTQ1 20148 of 1274.3%10.2%25Exited by Q1 2026+92%
MGM MGM RESORTS INTERNATIONALQ1 20148 of 2127.0%22.2%29Exited by Q3 2021+65%
LEN LENNAR CORPQ2 20147 of 1993.9%7.6%10Exited by Q3 2020+49%
HLT HILTON WORLDWIDE HLDGS INCQ3 201412 of 2253.7%6.2%13Exited by Q3 2024+332%
BYD BOYD GAMING CORPQ3 20157 of 1412.6%5.6%7Exited by Q4 2021+288%
QTS QTS RLTY TR INCQ4 20151 of 774.3%13.1%22Exited by Q2 2021+38%
MTN VAIL RESORTS INCQ3 201611 of 1703.3%5.7%6Exited by Q4 2021+113%
RLJ RLJ LODGING TRQ3 20171 of 8518.9%18.9%3Exited by Q2 2018−12%
INVH INVITATION HOMES INC.Q4 20175 of 1363.9%8.6%16Held at last filing, Q2 2026+28%
CWK CUSHMAN WAKEFIELD PLCQ4 20182 of 866.3%7.2%5Exited by Q1 2020+41%
OUT OUTFRONT MEDIA INC.Q3 20199 of 1426.1%6.3%20Held at last filing, Q2 2026+15%
DOC HEALTHPEAK PROPERTIES INCQ4 20193 of 1095.1%5.1%2Exited by Q3 2020−20%
ARE ALEXANDRIA REAL ESTATE EQ INQ1 20207 of 11010.2%10.2%6Exited by Q2 2023−8.4%
PCH POTLATCHDELTIC CORPORATIONQ3 20202 of 832.3%3.0%2Exited by Q1 2021+19%
CZR CAESARS ENTERTAINMENT INCQ3 202013 of 2453.2%3.8%9Exited by Q4 2023−17%
AIV APARTMENT INVESTMENT AND MANAGEMENT COMPANYQ2 20224 of 9410.3%16.8%10Exited by Q2 2025+38%
AHR AMERICAN HEALTHCARE REIT INCQ1 20241 of 924.9%9.8%10Held at last filing, Q2 2026+254%

Concentration and tenure

12.3%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
74.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters