Land & Buildings Investment Management 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Land & Buildings Investment Management disclosed 23 US equity positions worth $432.5m in its Q1 2023 13F filing. The largest position was APARTMENT INVT & MGMT CO at 16.8% of the reported book, followed by HST and SIX FLAGS ENTMT CORP NEW. Against the Q4 2022 filing, it opened 5 new positions, added to 5 and reduced 11 among the top 23 holdings.
What did Land & Buildings Investment Management own in Q1 2023? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | APARTMENT INVT & MGMT CO | 16.8% | $72.8m | 9,460,718 | 8% | added | |
| 2 | HST HOST HOTELS & RESORTS INC | Real Estate | 10.0% | $43.4m | 2,633,896 | 95% | added |
| 3 | SIX FLAGS ENTMT CORP NEW | 8.7% | $37.4m | 1,401,741 | -46% | reduced | |
| 4 | APARTMENT INCOME REIT CORP | 8.4% | $36.4m | 1,015,107 | -6% | reduced | |
| 5 | REXR REXFORD INDL RLTY INC | Real Estate | 6.2% | $26.7m | 448,337 | -30% | reduced |
| 6 | ARE ALEXANDRIA REAL ESTATE EQ IN | Real Estate | 6.1% | $26.6m | 211,473 | 10% | added |
| 7 | VTR VENTAS INC | Real Estate | 5.7% | $24.5m | 566,217 | -29% | reduced |
| 8 | LIFE STORAGE INC | 5.4% | $23.4m | 178,780 | – | new | |
| 9 | AMH AMERICAN HOMES 4 RENT | Real Estate | 4.6% | $20.0m | 635,090 | -33% | reduced |
| 10 | SUI SUN CMNTYS INC | Real Estate | 4.3% | $18.4m | 130,706 | -35% | reduced |
| 11 | RETAIL OPPORTUNITY INVTS COR | 4.1% | $17.9m | 1,280,473 | 16% | added | |
| 12 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 3.2% | $13.6m | 279,510 | -29% | reduced |
| 13 | PLD PROLOGIS INC. | Real Estate | 2.5% | $10.6m | 85,286 | – | new |
| 14 | ISHARES TR | 2.5% | $10.6m | 109,900 | – | new | |
| 15 | IRT INDEPENDENCE RLTY TR INC | Real Estate | 2.4% | $10.5m | 657,350 | – | new |
| 16 | SMRT SMARTRENT INC | 1.8% | $7.9m | 3,105,293 | -8% | reduced | |
| 17 | PSA PUBLIC STORAGE | Real Estate | 1.7% | $7.5m | 24,662 | -75% | reduced |
| 18 | SBAC SBA COMMUNICATIONS CORP NEW | Real Estate | 1.4% | $6.2m | 23,593 | -65% | reduced |
| 19 | VANGUARD BD INDEX FDS | 1.0% | $4.2m | 54,300 | – | new | |
| 20 | IEI ISHARES TR | 0.9% | $3.8m | 32,300 | 0% | held | |
| 21 | DHI D R HORTON INC | Consumer Cyclical | 0.9% | $3.8m | 38,820 | -70% | reduced |
| 22 | VANGUARD WORLD FD | 0.8% | $3.3m | 36,200 | 6% | added | |
| 23 | AGG ISHARES TR | 0.7% | $2.9m | 29,400 | 0% | held |
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.