Land & Buildings Investment Management 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Land & Buildings Investment Management disclosed 15 US equity positions worth $408.1m in its Q1 2019 13F filing. The largest position was TCO at 14.4% of the reported book, followed by QTS and MAR. Against the Q4 2018 filing, it opened 6 new positions, added to 4 and reduced 4 among the top 15 holdings.
What did Land & Buildings Investment Management own in Q1 2019? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | TCO TAUBMAN CTRS INC | 14.4% | $59.0m | 1,114,847 | -0% | held | |
| 2 | QTS QTS RLTY TR INC | 10.7% | $43.8m | 974,447 | -24% | reduced | |
| 3 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 10.4% | $42.5m | 340,150 | 258% | added |
| 4 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 9.3% | $38.1m | 1,483,850 | -11% | reduced |
| 5 | LIBERTY PPTY TR | 7.4% | $30.0m | 619,593 | 54% | added | |
| 6 | EQR EQUITY RESIDENTIAL | Real Estate | 7.2% | $29.4m | 389,810 | 102% | added |
| 7 | CWK CUSHMAN WAKEFIELD PLC | Real Estate | 7.2% | $29.3m | 1,643,800 | 5% | added |
| 8 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 6.3% | $25.8m | 668,500 | – | new |
| 9 | BKD BROOKDALE SR LIVING INC | Healthcare | 6.1% | $25.0m | 3,800,831 | -10% | reduced |
| 10 | INVH INVITATION HOMES INC | Real Estate | 5.2% | $21.4m | 877,700 | – | new |
| 11 | MTN VAIL RESORTS INC | Consumer Cyclical | 5.0% | $20.4m | 93,700 | – | new |
| 12 | AMH AMERICAN HOMES 4 RENT | Real Estate | 4.4% | $17.9m | 789,000 | – | new |
| 13 | MGP MGM GROWTH PPTYS LLC | 3.0% | $12.4m | 383,600 | – | new | |
| 14 | HCP INC | 1.8% | $7.3m | 233,300 | – | new | |
| 15 | SBAC SBA COMMUNICATIONS CORP NEW | Real Estate | 1.5% | $6.0m | 29,845 | -66% | 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.