Long Pond Capital 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 24 US equity positions worth $1.9bn in its Q1 2016 13F filing. The largest position was TCO at 16.6% of the reported book, followed by 6PM and BXMT. Against the Q4 2015 filing, it opened 9 new positions, added to 8 and reduced 3 among the top 24 holdings.
What did Long Pond Capital own in Q1 2016? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | TCO TAUBMAN CTRS INC | 16.6% | $312.4m | 4,385,403 | 16% | added | |
| 2 | 6PM PARAMOUNT GROUP INC | 8.7% | $164.1m | 10,290,677 | 7% | added | |
| 3 | BXMT BLACKSTONE MTG TR INC | Real Estate | 8.6% | $161.2m | 5,999,665 | 0% | held |
| 4 | COLONY CAP INC | 8.3% | $156.3m | 9,318,765 | 42% | added | |
| 5 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 7.9% | $148.6m | 6,599,200 | – | new |
| 6 | FOREST CITY RLTY TR INC | 7.8% | $147.3m | 6,983,469 | – | new | |
| 7 | H HYATT HOTELS CORP | Consumer Cyclical | 6.4% | $120.4m | 2,432,768 | 14% | added |
| 8 | CBRE CBRE GROUP INC | Real Estate | 4.6% | $85.9m | 2,981,584 | – | new |
| 9 | COLONY STARWOOD HOMES | 4.4% | $82.7m | 3,340,357 | – | new | |
| 10 | AMH AMERICAN HOMES 4 RENT | Real Estate | 4.3% | $80.5m | 5,063,795 | 35% | added |
| 11 | BPOP POPULAR INC | Financial Services | 3.4% | $63.3m | 2,211,551 | -18% | reduced |
| 12 | CALATLANTIC GROUP INC | 3.1% | $59.1m | 1,769,864 | – | new | |
| 13 | KEY KEYCORP NEW | Financial Services | 3.1% | $57.6m | 5,215,000 | 174% | added |
| 14 | SERITAGE GROWTH PPTYS | 3.1% | $57.6m | 1,151,978 | -36% | reduced | |
| 15 | LA QUINTA HLDGS INC | 2.9% | $55.1m | 4,409,207 | – | new | |
| 16 | SPIRIT RLTY CAP INC NEW | 1.4% | $26.7m | 2,369,190 | 237% | added | |
| 17 | FNF FIDELITY NATIONAL FINANCIAL | 1.3% | $23.6m | 2,177,272 | 21% | added | |
| 18 | CFG CITIZENS FINL GROUP INC | Financial Services | 1.1% | $20.1m | 960,000 | – | new |
| 19 | NMIH NMI HLDGS INC | Financial Services | 0.9% | $17.0m | 3,370,172 | 0% | held |
| 20 | STONEGATE MTG CORP | 0.8% | $14.4m | 2,512,225 | 0% | held | |
| 21 | FIRST POTOMAC RLTY TR | 0.7% | $13.0m | 1,429,693 | -22% | reduced | |
| 22 | PENNYMAC FINL SVCS INC | 0.4% | $6.9m | 590,875 | 0% | held | |
| 23 | SILVER RUN ACQUISITION CORP | 0.2% | $4.1m | 400,000 | – | new | |
| 24 | OCWEN FINL CORP | 0.1% | $2.3m | 950,000 | – | 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.