Long Pond Capital 13F holdings, Q2 2018
Holdings as of June 30, 2018 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 39 US equity positions worth $3.9bn in its Q2 2018 13F filing. The largest position was DHI at 14.0% of the reported book, followed by LEN and VNO. Against the Q1 2018 filing, it opened 18 new positions, added to 6 and reduced 13 among the top 39 holdings.
What did Long Pond Capital own in Q2 2018? Top 39 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2018 |
|---|---|---|---|---|---|---|---|
| 1 | DHI D R HORTON INC | Consumer Cyclical | 14.0% | $539.4m | 13,155,838 | 15% | added |
| 2 | LEN LENNAR CORP | Consumer Cyclical | 7.1% | $273.0m | 5,200,000 | 197% | added |
| 3 | VNO VORNADO RLTY TR | Real Estate | 6.8% | $263.4m | 3,563,756 | -23% | reduced |
| 4 | CAESARS ENTMT CORP | 6.5% | $250.9m | 23,450,216 | 6% | added | |
| 5 | APARTMENT INVT & MGMT CO | 6.5% | $250.3m | 5,917,544 | -20% | reduced | |
| 6 | AMH AMERICAN HOMES 4 RENT | Real Estate | 6.1% | $235.3m | 10,610,204 | -2% | reduced |
| 7 | 6PM PARAMOUNT GROUP INC | 5.7% | $219.6m | 14,262,747 | -7% | reduced | |
| 8 | MHK MOHAWK INDS INC | Consumer Cyclical | 4.1% | $158.4m | 739,307 | – | new |
| 9 | AVBC AVALONBAY CMNTYS INC | Financial Services | 3.4% | $131.4m | 764,656 | 71% | added |
| 10 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 3.2% | $122.3m | 1,544,560 | – | new |
| 11 | DIA SPDR DOW JONES INDL AVRG ETF | 2.3% | $88.0m | 362,400 | – | new | |
| 12 | JBGS JBG SMITH PPTYS | Real Estate | 2.3% | $87.9m | 2,410,412 | -21% | reduced |
| 13 | LASALLE HOTEL PPTYS | 2.1% | $82.5m | 2,410,871 | -61% | reduced | |
| 14 | QUALITY CARE PPTYS INC | 2.1% | $80.5m | 3,741,624 | -23% | reduced | |
| 15 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 2.0% | $79.0m | 1,342,301 | – | new |
| 16 | TCO TAUBMAN CTRS INC | 2.0% | $78.1m | 1,329,075 | -48% | reduced | |
| 17 | REXR REXFORD INDL RLTY INC | Real Estate | 2.0% | $78.0m | 2,486,100 | – | new |
| 18 | SL GREEN RLTY CORP | 2.0% | $77.9m | 774,524 | -34% | reduced | |
| 19 | FOR FORESTAR GROUP INC | Real Estate | 1.9% | $75.1m | 3,617,373 | 0% | held |
| 20 | PLD PROLOGIS INC | Real Estate | 1.7% | $65.0m | 989,700 | – | new |
| 21 | TMHC* TAYLOR MORRISON HOME CORP | 1.6% | $62.4m | 3,003,011 | – | new | |
| 22 | COLUMBIA PPTY TR INC | 1.5% | $57.2m | 2,518,158 | – | new | |
| 23 | CCL CARNIVAL CORP | Consumer Cyclical | 1.3% | $51.3m | 895,288 | – | new |
| 24 | HEALTHCARE TR AMER INC | 1.3% | $51.3m | 1,901,849 | – | new | |
| 25 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 1.1% | $41.0m | 3,647,193 | 112% | added |
| 26 | ESRT EMPIRE ST RLTY TR INC | Real Estate | 1.1% | $40.9m | 2,394,333 | – | new |
| 27 | EPRT ESSENTIAL PPTYS RLTY TR INC | Real Estate | 1.1% | $40.6m | 3,000,000 | – | new |
| 28 | PEB PEBBLEBROOK HOTEL TR | Real Estate | 1.0% | $39.2m | 1,011,389 | – | new |
| 29 | VICI VICI PPTYS INC | Real Estate | 1.0% | $39.0m | 1,891,894 | -50% | reduced |
| 30 | MAC MACERICH CO | Real Estate | 0.8% | $28.9m | 509,300 | 27% | added |
| 31 | BLACK KNIGHT INC | 0.7% | $26.9m | 502,194 | -2% | reduced | |
| 32 | H HYATT HOTELS CORP | Consumer Cyclical | 0.7% | $25.7m | 333,347 | -36% | reduced |
| 33 | VAC MARRIOTT VACATIONS WRLDWDE C | Consumer Cyclical | 0.6% | $25.0m | 221,743 | – | new |
| 34 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 0.6% | $24.6m | 325,914 | 0% | held |
| 35 | LOW LOWES COS INC | Consumer Cyclical | 0.5% | $20.0m | 208,968 | – | new |
| 36 | EXTENDED STAY AMER INC | 0.5% | $18.8m | 871,805 | – | new | |
| 37 | NEW YORK REIT INC | 0.3% | $13.0m | 710,760 | -17% | reduced | |
| 38 | PENNYMAC FINL SVCS INC | 0.3% | $12.3m | 625,000 | – | new | |
| 39 | BELMOND LTD | 0.1% | $4.4m | 397,848 | – | 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.