Long Pond Capital 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 37 US equity positions worth $2.9bn in its Q1 2019 13F filing. The largest position was DHI at 17.8% of the reported book, followed by HLT and HUDSON PAC PPTYS INC. Against the Q4 2018 filing, it opened 17 new positions, added to 10 and reduced 7 among the top 37 holdings.
What did Long Pond Capital own in Q1 2019? Top 37 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | DHI D R HORTON INC | Consumer Cyclical | 17.8% | $510.6m | 12,339,713 | -5% | reduced |
| 2 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 8.0% | $229.7m | 2,763,291 | -43% | reduced |
| 3 | HUDSON PAC PPTYS INC | 7.5% | $215.1m | 6,249,674 | 4% | added | |
| 4 | VNO VORNADO RLTY TR | Real Estate | 6.5% | $186.4m | 2,763,566 | 16% | added |
| 5 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 6.3% | $181.0m | 5,867,092 | 10% | added |
| 6 | H HYATT HOTELS CORP | Consumer Cyclical | 6.3% | $180.5m | 2,486,840 | 216% | added |
| 7 | OC OWENS CORNING NEW | Industrials | 5.3% | $151.2m | 3,208,385 | – | new |
| 8 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 5.1% | $146.9m | 2,938,063 | -25% | reduced |
| 9 | LEN LENNAR CORP | Consumer Cyclical | 4.0% | $114.3m | 2,327,633 | 21% | added |
| 10 | LOW LOWES COS INC | Consumer Cyclical | 3.2% | $92.1m | 841,548 | – | new |
| 11 | 6PM PARAMOUNT GROUP INC | 3.1% | $89.1m | 6,278,285 | – | new | |
| 12 | JBGS JBG SMITH PPTYS | Real Estate | 2.8% | $81.6m | 1,974,417 | -6% | reduced |
| 13 | AMH AMERICAN HOMES 4 RENT | Real Estate | 2.6% | $74.6m | 3,281,847 | -13% | reduced |
| 14 | FOR FORESTAR GROUP INC | Real Estate | 2.3% | $67.0m | 3,873,873 | 0% | held |
| 15 | CCS CENTURY CMNTYS INC | Real Estate | 2.0% | $58.3m | 2,432,176 | -7% | reduced |
| 16 | SL GREEN RLTY CORP | 1.7% | $49.1m | 546,211 | 38% | added | |
| 17 | EXP EAGLE MATERIALS INC | Basic Materials | 1.6% | $45.5m | 539,935 | – | new |
| 18 | BELMOND LTD | 1.6% | $44.6m | 1,788,467 | 0% | held | |
| 19 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 1.4% | $40.8m | 5,661,780 | 0% | held |
| 20 | LYON WILLIAM HOMES | 1.3% | $36.8m | 2,397,026 | 7% | added | |
| 21 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.3% | $36.2m | 1,409,400 | 38% | added |
| 22 | DRH DIAMONDROCK HOSPITALITY CO | Real Estate | 1.1% | $31.0m | 2,863,443 | 20% | added |
| 23 | COLD AMERICOLD RLTY TR | Real Estate | 1.1% | $30.5m | 1,000,000 | – | new |
| 24 | EXTENDED STAY AMER INC | 1.0% | $28.0m | 1,558,713 | – | new | |
| 25 | WYNN WYNN RESORTS LTD | Consumer Cyclical | 0.9% | $26.7m | 223,415 | – | new |
| 26 | PFSI PENNYMAC FINL SVCS INC | Financial Services | 0.6% | $16.8m | 757,000 | 203% | added |
| 27 | KBH KB HOME | Consumer Cyclical | 0.5% | $13.7m | 566,680 | – | new |
| 28 | CWK CUSHMAN WAKEFIELD PLC | Real Estate | 0.5% | $13.3m | 750,000 | – | new |
| 29 | SPIRIT RLTY CAP INC NEW | 0.4% | $12.8m | 321,614 | – | new | |
| 30 | CAESARS ENTMT CORP | 0.4% | $12.7m | 1,463,154 | -90% | reduced | |
| 31 | PLAYA HOTELS & RESORTS NV | 0.4% | $10.7m | 1,405,596 | – | new | |
| 32 | CVCO CAVCO INDS INC DEL | Consumer Cyclical | 0.4% | $10.1m | 85,623 | – | new |
| 33 | MACK CALI RLTY CORP | 0.3% | $10.0m | 449,751 | – | new | |
| 34 | EPRT ESSENTIAL PPTYS RLTY TR INC | Real Estate | 0.3% | $9.0m | 461,500 | – | new |
| 35 | EQR EQUITY RESIDENTIAL | Real Estate | 0.3% | $7.3m | 97,395 | – | new |
| 36 | TOL TOLL BROTHERS INC | Consumer Cyclical | 0.2% | $4.6m | 125,779 | – | new |
| 37 | MAA MID AMER APT CMNTYS INC | Real Estate | 0.0% | $656.0k | 6,003 | – | 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.