Land & Buildings Investment Management 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Land & Buildings Investment Management disclosed 24 US equity positions worth $103.1m in its Q1 2014 13F filing. The largest position was MACK CALI RLTY CORP at 9.5% of the reported book, followed by SBAC and BRE PROPERTIES INC. Against the Q4 2013 filing, it opened 13 new positions, added to 3 and reduced 8 among the top 24 holdings.
What did Land & Buildings Investment Management own in Q1 2014? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | MACK CALI RLTY CORP | 9.5% | $9.8m | 477,400 | – | new | |
| 2 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 8.0% | $8.3m | 90,805 | -4% | reduced |
| 3 | BRE PROPERTIES INC | 7.7% | $7.9m | 137,566 | -29% | reduced | |
| 4 | DRH DIAMONDROCK HOSPITALITY CO | Real Estate | 7.4% | $7.7m | 652,570 | 1% | added |
| 5 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 7.0% | $7.2m | 279,145 | – | new |
| 6 | CBRE CBRE GROUP INC | Real Estate | 5.9% | $6.1m | 220,610 | 27% | added |
| 7 | STARWOOD HOTELS&RESORTS WRLD | 5.8% | $6.0m | 74,790 | – | new | |
| 8 | SL GREEN RLTY CORP | 5.8% | $5.9m | 58,940 | 42% | added | |
| 9 | FR FIRST INDUSTRIAL REALTY TRUS | Real Estate | 5.3% | $5.5m | 285,130 | -9% | reduced |
| 10 | RYLAND GROUP INC | 5.2% | $5.3m | 133,270 | -14% | reduced | |
| 11 | DHI D R HORTON INC | Consumer Cyclical | 5.1% | $5.3m | 244,300 | – | new |
| 12 | KRC KILROY RLTY CORP | Real Estate | 5.1% | $5.3m | 89,796 | -38% | reduced |
| 13 | JLL JONES LANG LASALLE INC | Real Estate | 4.4% | $4.6m | 38,440 | -8% | reduced |
| 14 | AVBC AVALONBAY CMNTYS INC | Financial Services | 4.4% | $4.5m | 34,560 | -3% | reduced |
| 15 | AMH AMERICAN HOMES 4 RENT | Real Estate | 4.3% | $4.5m | 268,300 | – | new |
| 16 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 4.3% | $4.4m | 55,050 | -53% | reduced |
| 17 | NORTHSTAR RLTY FIN CORP | 2.6% | $2.7m | 165,700 | – | new | |
| 18 | EQR EQUITY RESIDENTIAL | Real Estate | 0.3% | $354.0k | 6,100 | – | new |
| 19 | PENNSYLVANIA RL ESTATE INVT | 0.3% | $352.0k | 19,500 | – | new | |
| 20 | MAA MID-AMER APT CMNTYS INC | Real Estate | 0.3% | $351.0k | 5,200 | – | new |
| 21 | EQUITY ONE | 0.3% | $350.0k | 15,685 | – | new | |
| 22 | CDP CORPORATE OFFICE PPTYS TR | Real Estate | 0.3% | $312.0k | 11,700 | – | new |
| 23 | BIOMED REALTY TRUST INC | 0.3% | $307.0k | 15,000 | – | new | |
| 24 | EXTENDED STAY AMER INC | 0.2% | $216.0k | 9,500 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.