Land & Buildings Investment Management 13F holdings, Q4 2014
Holdings as of December 31, 2014 · filings on SEC EDGAR · latest filing →
Land & Buildings Investment Management disclosed 17 US equity positions worth $125.1m in its Q4 2014 13F filing. The largest position was ASSOCIATED ESTATES RLTY CORP at 23.8% of the reported book, followed by PENNSYLVANIA RL ESTATE INVT and MACK CALI RLTY CORP. Against the Q3 2014 filing, it opened 5 new positions, added to 5 and reduced 6 among the top 17 holdings.
What did Land & Buildings Investment Management own in Q4 2014? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2014 |
|---|---|---|---|---|---|---|---|
| 1 | ASSOCIATED ESTATES RLTY CORP | 23.8% | $29.8m | 1,285,885 | 91% | added | |
| 2 | PENNSYLVANIA RL ESTATE INVT | 10.8% | $13.5m | 576,353 | 3% | added | |
| 3 | MACK CALI RLTY CORP | 7.2% | $9.0m | 477,400 | 0% | held | |
| 4 | STARWOOD HOTELS&RESORTS WRLD | 6.1% | $7.7m | 94,400 | – | new | |
| 5 | RYLAND GROUP INC | 5.7% | $7.1m | 184,656 | – | new | |
| 6 | CBRE CBRE GROUP INC | Real Estate | 5.6% | $7.1m | 206,300 | – | new |
| 7 | LEN LENNAR CORP | Consumer Cyclical | 5.2% | $6.5m | 145,800 | 119% | added |
| 8 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 4.5% | $5.7m | 218,200 | 41% | added |
| 9 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 4.5% | $5.6m | 50,305 | -25% | reduced |
| 10 | AMERICAN RESIDENTIAL PPTYS I | 4.2% | $5.3m | 300,421 | – | new | |
| 11 | SL GREEN RLTY CORP | 4.1% | $5.1m | 43,140 | -37% | reduced | |
| 12 | DRH DIAMONDROCK HOSPITALITY CO | Real Estate | 3.3% | $4.1m | 278,383 | -29% | reduced |
| 13 | JLL JONES LANG LASALLE INC | Real Estate | 3.2% | $4.0m | 26,871 | -42% | reduced |
| 14 | ESS ESSEX PPTY TR INC | Real Estate | 3.1% | $3.8m | 18,569 | -53% | reduced |
| 15 | CORESITE RLTY CORP | 3.0% | $3.8m | 96,756 | 100% | added | |
| 16 | KRC KILROY RLTY CORP | Real Estate | 2.9% | $3.6m | 52,596 | -53% | reduced |
| 17 | DHI D R HORTON INC | Consumer Cyclical | 2.6% | $3.3m | 130,300 | – | 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.