Long Pond Capital 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 25 US equity positions worth $2.2bn in its Q1 2017 13F filing. The largest position was EQR at 14.0% of the reported book, followed by TCO and 6PM. Against the Q4 2016 filing, it opened 11 new positions, added to 5 and reduced 6 among the top 25 holdings.
What did Long Pond Capital own in Q1 2017? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | EQR EQUITY RESIDENTIAL | Real Estate | 14.0% | $314.7m | 5,058,277 | 20% | added |
| 2 | TCO TAUBMAN CTRS INC | 10.1% | $226.0m | 3,422,793 | 76% | added | |
| 3 | 6PM PARAMOUNT GROUP INC | 8.1% | $181.8m | 11,214,541 | -1% | reduced | |
| 4 | MSGS MADISON SQUARE GARDEN CO NEW | Communication Services | 6.8% | $153.3m | 767,525 | 0% | held |
| 5 | MAC MACERICH CO | Real Estate | 6.4% | $143.8m | 2,233,694 | – | new |
| 6 | H HYATT HOTELS CORP | Consumer Cyclical | 6.4% | $143.6m | 2,660,844 | 17% | added |
| 7 | RETAIL PPTYS AMER INC | 6.3% | $140.7m | 9,753,899 | 130% | added | |
| 8 | FOREST CITY RLTY TR INC | 5.3% | $119.6m | 5,490,785 | -49% | reduced | |
| 9 | LOW LOWES COS INC | Consumer Cyclical | 5.0% | $112.8m | 1,371,487 | – | new |
| 10 | ESS ESSEX PPTY TR INC | Real Estate | 4.9% | $109.1m | 471,177 | -61% | reduced |
| 11 | GGP INC | 3.2% | $72.5m | 3,125,776 | – | new | |
| 12 | REG REGENCY CTRS CORP | Real Estate | 3.1% | $70.3m | 1,058,295 | – | new |
| 13 | APARTMENT INVT & MGMT CO | 3.1% | $69.3m | 1,562,185 | – | new | |
| 14 | LEN LENNAR CORP | Consumer Cyclical | 2.9% | $65.9m | 1,286,606 | -67% | reduced |
| 15 | WFC WELLS FARGO & CO NEW | Financial Services | 2.7% | $60.9m | 1,095,000 | 22% | added |
| 16 | T86 TRI POINTE GROUP INC | 2.3% | $50.8m | 4,049,060 | – | new | |
| 17 | CAESARS ENTMT CORP | 1.2% | $27.0m | 2,824,804 | 0% | held | |
| 18 | LA QUINTA HLDGS INC | 1.1% | $24.6m | 1,821,773 | – | new | |
| 19 | INTERXION HOLDING N.V | 1.1% | $24.3m | 614,494 | 0% | held | |
| 20 | UDR UDR INC | Real Estate | 1.1% | $23.6m | 651,952 | -24% | reduced |
| 21 | QUALITY CARE PPTYS INC | 1.1% | $23.6m | 1,249,589 | -79% | reduced | |
| 22 | BNY BANK NEW YORK MELLON CORP | Financial Services | 1.0% | $22.7m | 480,000 | – | new |
| 23 | CLGX CORELOGIC INC | 1.0% | $22.6m | 555,109 | – | new | |
| 24 | AZO AUTOZONE INC | Consumer Cyclical | 1.0% | $22.4m | 31,000 | – | new |
| 25 | SPIRIT RLTY CAP INC NEW | 0.7% | $15.4m | 1,525,000 | – | 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.