Land & Buildings Investment Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Land & Buildings Investment Management disclosed 14 US equity positions worth $463.7m in its Q3 2018 13F filing. The largest position was TCO at 14.4% of the reported book, followed by MGM and BKD. Against the Q2 2018 filing, it opened 4 new positions, added to 2 and reduced 7 among the top 14 holdings.
What did Land & Buildings Investment Management own in Q3 2018? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | TCO TAUBMAN CTRS INC | 14.4% | $66.7m | 1,114,947 | 0% | held | |
| 2 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 13.8% | $63.9m | 2,288,682 | 82% | added |
| 3 | BKD BROOKDALE SR LIVING INC | Healthcare | 13.1% | $60.6m | 6,168,921 | -14% | reduced |
| 4 | QTS QTS RLTY TR INC | 12.6% | $58.4m | 1,368,087 | -4% | reduced | |
| 5 | MACK CALI RLTY CORP | 9.2% | $42.6m | 2,003,780 | 20% | added | |
| 6 | LIBERTY PPTY TR | 7.9% | $36.6m | 867,330 | – | new | |
| 7 | LEN LENNAR CORP | Consumer Cyclical | 6.2% | $28.5m | 610,800 | -16% | reduced |
| 8 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 5.2% | $24.3m | 183,900 | – | new |
| 9 | SBAC SBA COMMUNICATIONS CORP NEW | Real Estate | 4.1% | $19.2m | 119,585 | -40% | reduced |
| 10 | DHI D R HORTON INC | Consumer Cyclical | 3.5% | $16.3m | 386,800 | -8% | reduced |
| 11 | RETAIL VALUE INC | 3.0% | $14.0m | 428,415 | – | new | |
| 12 | PLD PROLOGIS INC | Real Estate | 2.7% | $12.5m | 183,987 | -53% | reduced |
| 13 | TIER REIT INC | 2.6% | $11.8m | 491,300 | – | new | |
| 14 | INVH INVITATION HOMES INC | Real Estate | 1.8% | $8.2m | 359,832 | -70% | reduced |
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.