Long Pond Capital 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 27 US equity positions worth $1.0bn in its Q1 2014 13F filing. The largest position was AMH at 13.2% of the reported book, followed by BXMT and STARWOOD WAYPOINT RESIDENTL. Against the Q4 2013 filing, it opened 13 new positions, added to 6 and reduced 7 among the top 27 holdings.
What did Long Pond Capital own in Q1 2014? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | AMH AMERICAN HOMES 4 RENT | Real Estate | 13.2% | $132.6m | 7,935,386 | 64% | added |
| 2 | BXMT BLACKSTONE MTG TR INC | Real Estate | 10.6% | $106.2m | 3,694,151 | 28% | added |
| 3 | STARWOOD WAYPOINT RESIDENTL | 8.7% | $87.7m | 3,045,296 | – | new | |
| 4 | H HYATT HOTELS CORP | Consumer Cyclical | 6.1% | $61.2m | 1,138,151 | -12% | reduced |
| 5 | CBRE CBRE GROUP INC | Real Estate | 5.5% | $55.7m | 2,028,968 | -26% | reduced |
| 6 | AMT AMERICAN TOWER CORP NEW | Real Estate | 5.1% | $51.5m | 629,000 | – | new |
| 7 | EMERITUS CORP | 5.0% | $50.3m | 1,599,040 | -40% | reduced | |
| 8 | BYD BOYD GAMING CORP | Consumer Cyclical | 4.1% | $41.0m | 3,102,522 | – | new |
| 9 | MHK MOHAWK INDS INC | Consumer Cyclical | 3.9% | $39.4m | 290,000 | – | new |
| 10 | GLIMCHER RLTY TR | 3.8% | $38.7m | 3,858,932 | – | new | |
| 11 | PINNACLE ENTMT INC | 3.8% | $38.6m | 1,630,442 | 300% | added | |
| 12 | AMERICAN RESIDENTIAL PPTYS I | 3.5% | $35.2m | 1,959,775 | – | new | |
| 13 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 3.3% | $33.4m | 1,500,000 | 0% | held |
| 14 | MADISON SQUARE GARDEN CO | 3.3% | $33.3m | 586,747 | – | new | |
| 15 | APARTMENT INVT & MGMT CO | 3.2% | $32.1m | 1,060,700 | 5% | added | |
| 16 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 3.0% | $30.3m | 568,600 | – | new |
| 17 | STONEGATE MTG CORP | 2.7% | $27.4m | 1,843,262 | 163% | added | |
| 18 | WYNDHAM WORLDWIDE CORP | 2.4% | $24.3m | 332,000 | – | new | |
| 19 | FOREST CITY ENTERPRISES INC | 2.3% | $22.9m | 1,196,482 | 14% | added | |
| 20 | CROWN CASTLE INTL CORP | 1.8% | $17.9m | 242,000 | -26% | reduced | |
| 21 | PHH CORP | 1.5% | $15.4m | 594,193 | -11% | reduced | |
| 22 | LNWO SCIENTIFIC GAMES CORP | Consumer Cyclical | 1.5% | $15.2m | 1,110,000 | – | new |
| 23 | NCLH NORWEGIAN CRUISE LINE HLDGS | Consumer Cyclical | 0.5% | $4.5m | 140,522 | – | new |
| 24 | MLCO MELCO CROWN ENTMT LTD | Consumer Cyclical | 0.4% | $3.9m | 100,000 | – | new |
| 25 | PLY GEM HLDGS INC | 0.3% | $3.3m | 261,370 | -67% | reduced | |
| 26 | MACK CALI RLTY CORP | 0.3% | $3.2m | 155,476 | -93% | reduced | |
| 27 | PENN PENN NATL GAMING INC | Consumer Cyclical | 0.0% | $494.0k | 40,100 | – | 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.