Long Pond Capital 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 29 US equity positions worth $3.5bn in its Q1 2018 13F filing. The largest position was DHI at 14.3% of the reported book, followed by VNO and APARTMENT INVT & MGMT CO. Against the Q4 2017 filing, it opened 9 new positions, added to 12 and reduced 8 among the top 29 holdings.
What did Long Pond Capital own in Q1 2018? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | DHI D R HORTON INC | Consumer Cyclical | 14.3% | $499.5m | 11,394,053 | 8% | added |
| 2 | VNO VORNADO RLTY TR | Real Estate | 9.0% | $313.4m | 4,657,274 | 253% | added |
| 3 | APARTMENT INVT & MGMT CO | 8.6% | $299.6m | 7,351,291 | 22% | added | |
| 4 | CAESARS ENTMT CORP | 7.1% | $248.4m | 22,081,228 | 214% | added | |
| 5 | AMH AMERICAN HOMES 4 RENT | Real Estate | 6.2% | $218.3m | 10,873,737 | – | new |
| 6 | 6PM PARAMOUNT GROUP INC | 6.2% | $217.8m | 15,291,426 | 2% | added | |
| 7 | LASALLE HOTEL PPTYS | 5.1% | $178.5m | 6,152,249 | 6% | added | |
| 8 | TCO TAUBMAN CTRS INC | 4.2% | $145.8m | 2,562,587 | -38% | reduced | |
| 9 | SL GREEN RLTY CORP | 3.3% | $113.9m | 1,175,880 | -55% | reduced | |
| 10 | VEREIT INC | 3.1% | $107.0m | 15,366,940 | -13% | reduced | |
| 11 | SPIRIT RLTY CAP INC NEW | 3.0% | $104.3m | 13,445,500 | -10% | reduced | |
| 12 | JBGS JBG SMITH PPTYS | Real Estate | 3.0% | $103.3m | 3,065,474 | -8% | reduced |
| 13 | LEN LENNAR CORP | Consumer Cyclical | 2.9% | $103.2m | 1,750,939 | 5105% | added |
| 14 | RETAIL PPTYS AMER INC | 2.8% | $96.4m | 8,267,922 | 6% | added | |
| 15 | QUALITY CARE PPTYS INC | 2.7% | $94.8m | 4,881,329 | 25% | added | |
| 16 | LA QUINTA HLDGS INC | 2.6% | $92.3m | 4,879,801 | – | new | |
| 17 | FOR FORESTAR GROUP INC | Real Estate | 2.2% | $76.5m | 3,617,373 | 7% | added |
| 18 | AVBC AVALONBAY CMNTYS INC | Financial Services | 2.1% | $73.6m | 447,296 | 214% | added |
| 19 | VICI VICI PPTYS INC | Real Estate | 2.0% | $68.9m | 3,759,017 | – | new |
| 20 | APLE APPLE HOSPITALITY REIT INC | Real Estate | 1.9% | $64.8m | 3,687,981 | – | new |
| 21 | BRX BRIXMOR PPTY GROUP INC | Real Estate | 1.4% | $48.7m | 3,192,470 | -30% | reduced |
| 22 | H HYATT HOTELS CORP | Consumer Cyclical | 1.1% | $39.5m | 518,347 | -83% | reduced |
| 23 | MSGS MADISON SQUARE GARDEN CO NEW | Communication Services | 1.1% | $38.7m | 157,376 | -74% | reduced |
| 24 | GRAMERCY PPTY TR | 1.0% | $35.5m | 1,631,709 | – | new | |
| 25 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 0.7% | $26.1m | 325,914 | – | new |
| 26 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 0.7% | $24.6m | 1,723,786 | 256% | added |
| 27 | BLACK KNIGHT INC | 0.7% | $24.3m | 515,000 | – | new | |
| 28 | MAC MACERICH CO | Real Estate | 0.6% | $22.4m | 400,000 | – | new |
| 29 | NEW YORK REIT INC | 0.5% | $18.5m | 860,760 | – | 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.