Long Pond Capital 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 31 US equity positions worth $1.2bn in its Q4 2023 13F filing. The largest position was CPT at 16.0% of the reported book, followed by JBGS and MAA. Against the Q3 2023 filing, it opened 12 new positions, added to 4 and reduced 13 among the top 31 holdings.
What did Long Pond Capital own in Q4 2023? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | CPT CAMDEN PPTY TR | Real Estate | 16.0% | $199.5m | 2,009,385 | 13% | added |
| 2 | JBGS JBG SMITH PPTYS | Real Estate | 9.6% | $119.6m | 7,028,426 | -8% | reduced |
| 3 | MAA MID-AMER APT CMNTYS INC | Real Estate | 9.3% | $115.4m | 858,425 | – | new |
| 4 | WPC WP CAREY INC | Real Estate | 5.0% | $62.7m | 967,987 | – | new |
| 5 | SAFE SAFEHOLD INC | 4.7% | $58.3m | 2,490,556 | -46% | reduced | |
| 6 | VICI VICI PPTYS INC | Real Estate | 4.4% | $54.3m | 1,704,100 | – | new |
| 7 | IRT INDEPENDENCE RLTY TR INC | Real Estate | 4.2% | $52.3m | 3,418,118 | -62% | reduced |
| 8 | APARTMENT INCOME REIT CORP | 4.0% | $49.3m | 1,418,584 | 172% | added | |
| 9 | PLAYA HOTELS & RESORTS NV | 3.0% | $37.0m | 4,275,398 | 11% | added | |
| 10 | APARTMENT INVT & MGMT CO | 2.6% | $32.5m | 4,152,140 | 0% | held | |
| 11 | CBRE CBRE GROUP INC | Real Estate | 2.6% | $32.3m | 347,430 | -20% | reduced |
| 12 | NTST NETSTREIT CORP | Real Estate | 2.6% | $31.8m | 1,779,999 | – | new |
| 13 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 2.5% | $31.6m | 786,592 | -43% | reduced |
| 14 | MLCO MELCO RESORTS AND ENTMNT LTD | Consumer Cyclical | 2.5% | $31.3m | 3,524,251 | -0% | held |
| 15 | LXP INDUSTRIAL TRUST | 2.5% | $30.9m | 3,111,762 | – | new | |
| 16 | ADC AGREE RLTY CORP | Real Estate | 2.5% | $30.6m | 486,388 | – | new |
| 17 | FOR FORESTAR GROUP INC | Real Estate | 2.4% | $29.8m | 899,609 | -48% | reduced |
| 18 | MSGS MADISON SQUARE GRDN SPRT COR | Communication Services | 2.0% | $24.5m | 134,756 | 47% | added |
| 19 | REXR REXFORD INDL RLTY INC | Real Estate | 2.0% | $24.3m | 433,257 | -81% | reduced |
| 20 | TNL TRAVEL PLUS LEISURE CO | Consumer Cyclical | 1.9% | $23.9m | 612,141 | -26% | reduced |
| 21 | EPRT ESSENTIAL PPTYS RLTY TR INC | Real Estate | 1.8% | $21.9m | 857,695 | – | new |
| 22 | NLOP NET LEASE OFFICE PROPERTIES | 1.6% | $20.1m | 1,086,462 | – | new | |
| 23 | VESTA REAL ESTATE CORP | 1.6% | $19.6m | 494,221 | – | new | |
| 24 | DHI D R HORTON INC | Consumer Cyclical | 1.5% | $18.6m | 122,485 | -76% | reduced |
| 25 | EQR EQUITY RESIDENTIAL | Real Estate | 1.3% | $16.5m | 270,000 | – | new |
| 26 | SITC SITE CTRS CORP | Real Estate | 1.3% | $15.7m | 1,150,082 | – | new |
| 27 | SPHR SPHERE ENTERTAINMENT CO | Communication Services | 1.2% | $15.2m | 448,834 | -53% | reduced |
| 28 | FR FIRST INDL RLTY TR INC | Real Estate | 1.2% | $14.7m | 279,669 | -78% | reduced |
| 29 | UDR UDR INC | Real Estate | 1.0% | $12.2m | 318,160 | – | new |
| 30 | SMRT SMARTRENT INC | 0.8% | $10.1m | 3,169,810 | -7% | reduced | |
| 31 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 0.6% | $7.3m | 2,383,681 | -2% | reduced |
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.