Long Pond Capital 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 34 US equity positions worth $1.4bn in its Q3 2014 13F filing. The largest position was AMH at 12.9% of the reported book, followed by BXMT and HLT. Against the Q2 2014 filing, it opened 13 new positions, added to 12 and reduced 7 among the top 34 holdings.
What did Long Pond Capital own in Q3 2014? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | AMH AMERICAN HOMES 4 RENT | Real Estate | 12.9% | $185.1m | 10,957,972 | 14% | added |
| 2 | BXMT BLACKSTONE MTG TR INC | Real Estate | 8.7% | $124.8m | 4,604,151 | 7% | added |
| 3 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.9% | $98.5m | 4,000,000 | 0% | held |
| 4 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 6.4% | $91.9m | 3,312,900 | – | new |
| 5 | STARWOOD HOTELS&RESORTS WRLD | 5.9% | $84.3m | 1,012,800 | 22% | added | |
| 6 | FOREST CITY ENTERPRISES INC | 5.6% | $80.4m | 4,109,179 | – | new | |
| 7 | SPIRIT RLTY CAP INC NEW | 5.4% | $77.9m | 7,102,600 | -30% | reduced | |
| 8 | CBS OUTDOOR AMERS INC | 4.1% | $59.3m | 1,979,800 | – | new | |
| 9 | MHK MOHAWK INDS INC | Consumer Cyclical | 4.1% | $58.3m | 432,717 | -10% | reduced |
| 10 | APARTMENT INVT & MGMT CO | 3.8% | $54.7m | 1,720,008 | 62% | added | |
| 11 | AMERICAN RESIDENTIAL PPTYS I | 3.8% | $54.1m | 2,952,359 | 17% | added | |
| 12 | LA QUINTA HLDGS INC | 3.0% | $42.6m | 2,240,821 | -43% | reduced | |
| 13 | COLONY FINL INC | 2.9% | $42.3m | 1,890,000 | 574% | added | |
| 14 | MTG MGIC INVT CORP WIS | Financial Services | 2.5% | $36.4m | 4,666,786 | – | new |
| 15 | ISTAR FINL INC | 2.5% | $35.3m | 2,613,600 | 237% | added | |
| 16 | STARWOOD WAYPOINT RESIDENTL | 2.4% | $34.9m | 1,342,862 | -54% | reduced | |
| 17 | PHH CORP | 2.3% | $32.9m | 1,469,800 | 170% | added | |
| 18 | CSTE CAESARSTONE SDOT-YAM LTD | Industrials | 1.9% | $27.4m | 530,000 | 18% | added |
| 19 | BYD BOYD GAMING CORP | Consumer Cyclical | 1.7% | $25.1m | 2,468,848 | 12% | added |
| 20 | STONEGATE MTG CORP | 1.7% | $23.9m | 1,843,262 | 0% | held | |
| 21 | CBRE CBRE GROUP INC | Real Estate | 1.6% | $22.9m | 768,836 | -37% | reduced |
| 22 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.5% | $20.9m | 915,706 | 68% | added |
| 23 | SILVER BAY RLTY TR CORP | 1.1% | $15.8m | 974,626 | – | new | |
| 24 | DIAMOND RESORTS INTL INC | 1.1% | $15.2m | 670,000 | -47% | reduced | |
| 25 | WYNDHAM WORLDWIDE CORP | 1.0% | $13.7m | 169,000 | -32% | reduced | |
| 26 | PENN PENN NATL GAMING INC | Consumer Cyclical | 0.9% | $13.5m | 1,208,067 | – | new |
| 27 | OFFICE DEPOT INC | 0.9% | $12.9m | 2,510,000 | – | new | |
| 28 | NMIH NMI HLDGS INC | Financial Services | 0.9% | $12.6m | 1,451,429 | – | new |
| 29 | ELLIE MAE INC | 0.7% | $10.0m | 306,766 | 41% | added | |
| 30 | MLCO MELCO CROWN ENTMT LTD | Consumer Cyclical | 0.5% | $7.4m | 281,000 | – | new |
| 31 | PENNYMAC FINL SVCS INC | 0.5% | $6.9m | 470,000 | – | new | |
| 32 | HOME PROPERTIES INC | 0.5% | $6.9m | 118,142 | – | new | |
| 33 | ESNT ESSENT GROUP LTD | Financial Services | 0.3% | $3.9m | 182,200 | – | new |
| 34 | OSG AMBAC FINL GROUP INC | Financial Services | 0.1% | $1.4m | 65,000 | – | 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.