Land & Buildings Investment Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Land & Buildings Investment Management disclosed 20 US equity positions worth $472.6m in its Q1 2025 13F filing. The largest position was NHI at 9.2% of the reported book, followed by FR and AHR. Against the Q4 2024 filing, it opened 3 new positions, added to 8 and reduced 9 among the top 20 holdings.
What did Land & Buildings Investment Management own in Q1 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NHI NATIONAL HEALTH INVESTORS, INC. | Real Estate | 9.2% | $43.4m | 586,946 | 26% | added |
| 2 | FR FIRST INDUSTRIAL REALTY TRUST, INC. | Real Estate | 7.4% | $34.8m | 644,191 | -8% | reduced |
| 3 | AHR AMERICAN HEALTHCARE REIT INC | Real Estate | 7.4% | $34.8m | 1,147,003 | -26% | reduced |
| 4 | AMH AMERICAN HOMES 4 RENT LLC | Real Estate | 7.0% | $33.3m | 880,590 | 19% | added |
| 5 | EXR EXTRA SPACE STORAGE INC. | Real Estate | 6.5% | $30.7m | 206,892 | – | new |
| 6 | VTR VENTAS, INC. | Real Estate | 6.3% | $29.8m | 433,926 | -38% | reduced |
| 7 | EQR EQUITY RESIDENTIAL | Real Estate | 5.9% | $27.9m | 389,349 | 145% | added |
| 8 | APARTMENT INVESTMENT AND MANAGEMENT COMPANY | 5.9% | $27.7m | 3,142,232 | 2% | added | |
| 9 | EQIX EQUINIX, INC. REIT | Real Estate | 5.1% | $23.9m | 29,292 | -29% | reduced |
| 10 | SUI SUN COMMUNITIES, INC | Real Estate | 5.0% | $23.6m | 183,252 | 16% | added |
| 11 | MAR MARRIOTT INTERNATIONAL, INC CLASS A | Consumer Cyclical | 4.6% | $21.7m | 91,180 | -4% | reduced |
| 12 | SPG SIMON PROPERTY GROUP INC | Real Estate | 4.4% | $20.9m | 126,135 | -6% | reduced |
| 13 | SKT TANGER INC | Real Estate | 4.3% | $20.6m | 608,381 | -38% | reduced |
| 14 | AMT AMERICAN TOWER CORPORATION | Real Estate | 3.9% | $18.6m | 85,397 | 36% | added |
| 15 | KRG KITE REALTY GROUP TRUST | Real Estate | 3.8% | $18.0m | 806,852 | -37% | reduced |
| 16 | OUT OUTFRONT MEDIA INC. | Real Estate | 3.5% | $16.7m | 1,036,685 | – | new |
| 17 | CBRE CBRE GROUP, INC. CLASS A | Real Estate | 3.5% | $16.7m | 127,529 | -33% | reduced |
| 18 | VICI VICI PROPERTIES INC. | Real Estate | 3.2% | $15.2m | 465,831 | 48% | added |
| 19 | ELME ELME COMMUNITIES SBI | Real Estate | 2.0% | $9.5m | 546,653 | – | new |
| 20 | SMRT SMARTRENT, INC. | 1.0% | $4.9m | 4,076,738 | 2% | added |
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.