Long Pond Capital 13F holdings, Q4 2014
Holdings as of December 31, 2014 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 34 US equity positions worth $1.7bn in its Q4 2014 13F filing. The largest position was AMH at 11.4% of the reported book, followed by HLT and BXMT. Against the Q3 2014 filing, it opened 11 new positions, added to 14 and reduced 8 among the top 34 holdings.
What did Long Pond Capital own in Q4 2014? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2014 |
|---|---|---|---|---|---|---|---|
| 1 | AMH AMERICAN HOMES 4 RENT | Real Estate | 11.4% | $190.1m | 11,164,804 | 2% | added |
| 2 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 8.9% | $148.4m | 5,688,138 | 42% | added |
| 3 | BXMT BLACKSTONE MTG TR INC | Real Estate | 8.1% | $134.7m | 4,623,671 | 0% | held |
| 4 | STARWOOD HOTELS&RESORTS WRLD | 7.6% | $126.4m | 1,558,563 | 54% | added | |
| 5 | FNF FIDELITY NATIONAL FINANCIAL | Financial Services | 6.3% | $105.2m | 3,053,154 | -8% | reduced |
| 6 | FOREST CITY ENTERPRISES INC | 4.5% | $75.4m | 3,540,130 | -14% | reduced | |
| 7 | SPIRIT RLTY CAP INC NEW | 4.5% | $75.3m | 6,334,700 | -11% | reduced | |
| 8 | MACK CALI RLTY CORP | 4.5% | $74.8m | 3,925,065 | – | new | |
| 9 | 6PM PARAMOUNT GROUP INC | 3.7% | $61.1m | 3,288,956 | – | new | |
| 10 | MHK MOHAWK INDS INC | Consumer Cyclical | 3.4% | $56.3m | 362,237 | -16% | reduced |
| 11 | STARWOOD WAYPOINT RESIDENTL | 3.4% | $56.3m | 2,133,597 | 59% | added | |
| 12 | AMERICAN RESIDENTIAL PPTYS I | 3.3% | $56.0m | 3,187,734 | 8% | added | |
| 13 | MLCO MELCO CROWN ENTMT LTD | Consumer Cyclical | 3.1% | $51.2m | 2,016,000 | 617% | added |
| 14 | GRAMERCY PPTY TR INC | 2.9% | $48.3m | 7,003,942 | – | new | |
| 15 | PHH CORP | 2.4% | $40.6m | 1,694,900 | 15% | added | |
| 16 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 2.3% | $38.9m | 1,821,706 | 99% | added |
| 17 | MTG MGIC INVT CORP WIS | Financial Services | 2.1% | $35.2m | 3,775,809 | -19% | reduced |
| 18 | CBRE CBRE GROUP INC | Real Estate | 2.1% | $34.4m | 1,005,336 | 31% | added |
| 19 | STONEGATE MTG CORP | 1.7% | $28.2m | 2,361,628 | 28% | added | |
| 20 | NMIH NMI HLDGS INC | Financial Services | 1.5% | $24.5m | 2,685,900 | 85% | added |
| 21 | BYD BOYD GAMING CORP | Consumer Cyclical | 1.4% | $24.1m | 1,884,813 | -24% | reduced |
| 22 | SILVER BAY RLTY TR CORP | 1.2% | $20.4m | 1,234,626 | 27% | added | |
| 23 | CAESARS ENTMT CORP | 1.2% | $19.5m | 1,241,958 | – | new | |
| 24 | CSTE CAESARSTONE SDOT-YAM LTD | Industrials | 1.1% | $18.3m | 306,500 | -42% | reduced |
| 25 | PINNACLE ENTMT INC | 1.1% | $18.3m | 820,741 | – | new | |
| 26 | NORTHSTAR ASSET MGMT GROUP I | 1.1% | $18.2m | 804,300 | – | new | |
| 27 | PENN PENN NATL GAMING INC | Consumer Cyclical | 1.0% | $17.0m | 1,240,600 | 3% | added |
| 28 | LEN LENNAR CORP | Consumer Cyclical | 0.9% | $15.2m | 338,265 | – | new |
| 29 | OFFICE DEPOT INC | 0.9% | $14.8m | 1,723,288 | -31% | reduced | |
| 30 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 0.8% | $13.2m | 120,000 | – | new |
| 31 | FNF FIDELITY NATIONAL FINANCIAL | 0.7% | $12.0m | 760,000 | – | new | |
| 32 | PENNYMAC FINL SVCS INC | 0.6% | $10.2m | 590,875 | 26% | added | |
| 33 | DHI D R HORTON INC | Consumer Cyclical | 0.5% | $7.7m | 305,000 | – | new |
| 34 | ASSOCIATED ESTATES RLTY CORP | 0.2% | $2.8m | 121,960 | – | 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.