Long Pond Capital 13F holdings, Q2 2016
Holdings as of June 30, 2016 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 27 US equity positions worth $1.9bn in its Q2 2016 13F filing. The largest position was TCO at 13.8% of the reported book, followed by 6PM and BXMT. Against the Q1 2016 filing, it opened 10 new positions, added to 3 and reduced 8 among the top 27 holdings.
What did Long Pond Capital own in Q2 2016? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2016 |
|---|---|---|---|---|---|---|---|
| 1 | TCO TAUBMAN CTRS INC | 13.8% | $265.7m | 3,580,840 | -18% | reduced | |
| 2 | 6PM PARAMOUNT GROUP INC | 9.2% | $177.6m | 11,142,837 | 8% | added | |
| 3 | BXMT BLACKSTONE MTG TR INC | Real Estate | 8.6% | $166.0m | 5,999,665 | 0% | held |
| 4 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.5% | $126.1m | 5,597,770 | -15% | reduced |
| 5 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 6.3% | $122.3m | 1,839,745 | – | new |
| 6 | H HYATT HOTELS CORP | Consumer Cyclical | 6.2% | $119.5m | 2,432,768 | 0% | held |
| 7 | EQR EQUITY RESIDENTIAL | Real Estate | 5.6% | $108.9m | 1,580,724 | – | new |
| 8 | FOREST CITY RLTY TR INC | 5.5% | $105.3m | 4,720,423 | -32% | reduced | |
| 9 | ESS ESSEX PPTY TR INC | Real Estate | 5.2% | $100.4m | 440,258 | – | new |
| 10 | LEN LENNAR CORP | Consumer Cyclical | 5.0% | $96.6m | 2,095,898 | – | new |
| 11 | MSGS MADISON SQUARE GARDEN CO NEW | Communication Services | 4.4% | $84.6m | 490,283 | – | new |
| 12 | CBRE CBRE GROUP INC | Real Estate | 4.2% | $82.0m | 3,098,524 | 4% | added |
| 13 | KEY KEYCORP NEW | Financial Services | 3.0% | $57.6m | 5,215,000 | 0% | held |
| 14 | COLONY STARWOOD HOMES | 2.7% | $51.7m | 1,698,253 | -49% | reduced | |
| 15 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.7% | $51.2m | 2,784,605 | – | new |
| 16 | BPOP POPULAR INC | Financial Services | 2.0% | $39.4m | 1,343,602 | -39% | reduced |
| 17 | LA QUINTA HLDGS INC | 1.8% | $35.2m | 3,089,999 | -30% | reduced | |
| 18 | ITB ISHARES TR | 1.8% | $35.1m | 1,270,000 | – | new | |
| 19 | MTH MERITAGE HOMES CORP | Consumer Cyclical | 1.2% | $22.4m | 597,300 | – | new |
| 20 | CFG CITIZENS FINL GROUP INC | Financial Services | 1.0% | $19.2m | 960,000 | 0% | held |
| 21 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 0.7% | $13.2m | 1,175,000 | – | new |
| 22 | SPIRIT RLTY CAP INC NEW | 0.7% | $13.0m | 1,015,271 | -57% | reduced | |
| 23 | INTERXION HOLDING N.V | 0.5% | $10.5m | 285,000 | – | new | |
| 24 | STONEGATE MTG CORP | 0.4% | $8.4m | 2,512,225 | 0% | held | |
| 25 | FNF FIDELITY NATIONAL FINANCIAL | 0.4% | $7.7m | 668,972 | -69% | reduced | |
| 26 | PENNYMAC FINL SVCS INC | 0.4% | $7.5m | 603,176 | 2% | added | |
| 27 | SILVER RUN ACQUISITION CORP | 0.2% | $4.0m | 400,000 | 0% | held |
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.