Long Pond Capital 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 34 US equity positions worth $1.7bn in its Q1 2024 13F filing. The largest position was IRT at 9.7% of the reported book, followed by ADC and CPT. Against the Q4 2023 filing, it opened 13 new positions, added to 10 and reduced 10 among the top 34 holdings.
What did Long Pond Capital own in Q1 2024? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | IRT INDEPENDENCE RLTY TR INC | Real Estate | 9.7% | $168.0m | 10,414,483 | 205% | added |
| 2 | ADC AGREE RLTY CORP | Real Estate | 9.4% | $163.9m | 2,868,640 | 490% | added |
| 3 | CPT CAMDEN PPTY TR | Real Estate | 9.2% | $159.1m | 1,616,402 | -20% | reduced |
| 4 | NNN NNN REIT INC | Real Estate | 6.5% | $113.0m | 2,644,477 | – | new |
| 5 | JBGS JBG SMITH PPTYS | Real Estate | 6.4% | $112.0m | 6,975,351 | -1% | reduced |
| 6 | NTST NETSTREIT CORP | Real Estate | 6.3% | $109.6m | 5,967,437 | 235% | added |
| 7 | DHI D R HORTON INC | Consumer Cyclical | 6.2% | $108.6m | 659,761 | 439% | added |
| 8 | COLD AMERICOLD REALTY TRUST INC | Real Estate | 6.1% | $106.2m | 4,261,867 | – | new |
| 9 | SITC SITE CTRS CORP | Real Estate | 4.9% | $84.9m | 5,794,224 | 404% | added |
| 10 | LXP INDUSTRIAL TRUST | 3.9% | $67.2m | 7,447,513 | 139% | added | |
| 11 | APARTMENT INCOME REIT CORP | 3.8% | $65.8m | 2,027,211 | 43% | added | |
| 12 | RITM RITHM CAPITAL CORP | Real Estate | 3.1% | $53.0m | 4,751,356 | – | new |
| 13 | REXR REXFORD INDL RLTY INC | Real Estate | 3.0% | $51.8m | 1,030,215 | 138% | added |
| 14 | SAFE SAFEHOLD INC | 2.7% | $47.7m | 2,316,918 | -7% | reduced | |
| 15 | VESTA REAL ESTATE CORP | 2.4% | $41.2m | 1,051,091 | 113% | added | |
| 16 | PLAYA HOTELS & RESORTS NV | 1.9% | $33.7m | 3,472,960 | -19% | reduced | |
| 17 | MTH MERITAGE HOMES CORP | Consumer Cyclical | 1.9% | $32.3m | 184,102 | – | new |
| 18 | APARTMENT INVT & MGMT CO | 1.8% | $30.5m | 3,728,106 | -10% | reduced | |
| 19 | TNL TRAVEL PLUS LEISURE CO | Consumer Cyclical | 1.2% | $20.9m | 426,941 | -30% | reduced |
| 20 | NLOP NET LEASE OFFICE PROPERTIES | 1.2% | $20.5m | 861,601 | -21% | reduced | |
| 21 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 1.0% | $17.8m | 377,692 | -52% | reduced |
| 22 | TRTX TPG RE FIN TR INC | Real Estate | 1.0% | $16.6m | 2,155,158 | – | new |
| 23 | VAC MARRIOTT VACATIONS WORLDWIDE | Consumer Cyclical | 0.9% | $15.3m | 141,943 | – | new |
| 24 | 6PM PARAMOUNT GROUP INC | 0.9% | $15.2m | 3,241,726 | – | new | |
| 25 | CDP COPT DEFENSE PROPERTIES | Real Estate | 0.8% | $13.7m | 565,737 | – | new |
| 26 | MAA MID-AMER APT CMNTYS INC | Real Estate | 0.8% | $13.1m | 99,404 | -88% | reduced |
| 27 | SDHC SMITH DOUGLAS HOMES CORP | 0.7% | $12.4m | 417,112 | – | new | |
| 28 | SMRT SMARTRENT INC | 0.6% | $10.7m | 3,995,946 | 26% | added | |
| 29 | ESS ESSEX PPTY TR INC | Real Estate | 0.5% | $8.4m | 34,250 | – | new |
| 30 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 0.4% | $7.5m | 2,383,681 | 0% | held |
| 31 | FRT FEDERAL RLTY INVT TR NEW | Real Estate | 0.4% | $6.1m | 60,000 | – | new |
| 32 | MLCO MELCO RESORTS AND ENTMNT LTD | Consumer Cyclical | 0.3% | $5.8m | 799,121 | -77% | reduced |
| 33 | JLL JONES LANG LASALLE INC | Real Estate | 0.2% | $4.1m | 21,000 | – | new |
| 34 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 0.1% | $1.2m | 27,331 | – | 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.