$2.8 Billion is the total value of Long Pond Capital's 43 reported holdings in Q4 2021. The portfolio turnover from Q3 2021 to Q4 2021 was 86.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VICI | Buy | VICI PPTYS INC | $207,383,000 | +14.4% | 6,887,500 | +8.0% | 7.40% | +11.6% |
| AMH | Buy | AMERICAN HOMES 4 RENTcl a | $179,890,000 | +22.8% | 4,124,975 | +7.4% | 6.42% | +19.8% |
| JBGS | Buy | JBG SMITH PPTYS | $171,188,000 | +77.0% | 5,962,657 | +82.5% | 6.11% | +72.7% |
| SRC | Sell | SPIRIT RLTY CAP INC NEW | $168,649,000 | -4.1% | 3,499,664 | -8.4% | 6.02% | -6.4% |
| LVS | Buy | LAS VEGAS SANDS CORP | $163,015,000 | +3.9% | 4,330,887 | +1.1% | 5.82% | +1.4% |
| EXPE | Sell | EXPEDIA GROUP INC | $152,734,000 | -2.1% | 845,142 | -11.2% | 5.45% | -4.5% |
| LVS | Sell | LAS VEGAS SANDS CORPcall | $137,386,000 | -13.7% | 3,650,000 | -16.1% | 4.90% | -15.8% |
| COLD | New | AMERICOLD RLTY TR | $128,703,000 | – | 3,925,082 | +100.0% | 4.60% | – |
| TLT | New | ISHARES TRput | $111,143,000 | – | 750,000 | +100.0% | 3.97% | – |
| FOR | FORESTAR GROUP INC | $101,831,000 | +16.7% | 4,681,873 | 0.0% | 3.64% | +13.9% | |
| MSGS | Sell | MADISON SQUARE GRDN SPRT CORcl a | $97,947,000 | -34.5% | 563,787 | -29.9% | 3.50% | -36.1% |
| ELS | EQUITY LIFESTYLE PPTYS INC | $93,493,000 | +12.2% | 1,066,545 | 0.0% | 3.34% | +9.5% | |
| TNL | Buy | TRAVEL PLUS LEISURE CO | $92,608,000 | +14.5% | 1,675,552 | +13.0% | 3.31% | +11.7% |
| IRT | New | INDEPENDENCE RLTY TR INC | $85,236,000 | – | 3,299,884 | +100.0% | 3.04% | – |
| STAG | Sell | STAG INDL INC | $83,155,000 | -5.5% | 1,733,845 | -22.7% | 2.97% | -7.8% |
| AIV | Sell | APARTMENT INVT & MGMT COcl a | $72,983,000 | +4.7% | 9,453,811 | -7.1% | 2.61% | +2.1% |
| INVH | Sell | INVITATION HOMES INC | $70,807,000 | -31.1% | 1,561,681 | -41.7% | 2.53% | -32.8% |
| MLCO | Sell | MELCO RESORTS AND ENTMNT LTDadr | $69,174,000 | -25.4% | 6,795,114 | -25.0% | 2.47% | -27.2% |
| GLPI | New | GAMING & LEISURE PPTYS INC | $65,396,000 | – | 1,343,935 | +100.0% | 2.34% | – |
| SIX | New | SIX FLAGS ENTMT CORP NEW | $63,657,000 | – | 1,495,000 | +100.0% | 2.27% | – |
| H | Sell | HYATT HOTELS CORP | $55,292,000 | +9.8% | 576,557 | -11.8% | 1.97% | +7.0% |
| NTST | Sell | NETSTREIT CORP | $47,373,000 | -11.0% | 2,068,681 | -8.0% | 1.69% | -13.1% |
| EXPE | New | EXPEDIA GROUP INCcall | $45,180,000 | – | 250,000 | +100.0% | 1.61% | – |
| PEAK | New | HEALTHPEAK PROPERTIES INC | $44,483,000 | – | 1,232,546 | +100.0% | 1.59% | – |
| RRR | New | RED ROCK RESORTS INCcl a | $42,791,000 | – | 777,885 | +100.0% | 1.53% | – |
| FMX | Sell | FOMENTO ECONOMICO MEXICANO Sspon adr units | $31,998,000 | -53.2% | 411,756 | -47.8% | 1.14% | -54.4% |
| FPH | FIVE POINT HOLDINGS LLC | $29,585,000 | -16.5% | 4,523,774 | 0.0% | 1.06% | -18.5% | |
| HGV | Sell | HILTON GRAND VACATIONS INC | $28,528,000 | -39.8% | 547,465 | -45.1% | 1.02% | -41.3% |
| New | WEWORK INCcl a | $21,500,000 | – | 2,500,000 | +100.0% | 0.77% | – | |
| PCOR | New | PROCORE TECHNOLOGIES INC | $21,081,000 | – | 263,611 | +100.0% | 0.75% | – |
| STAR | New | ISTAR INC | $16,980,000 | – | 657,378 | +100.0% | 0.61% | – |
| New | CLAROS MTG TR INC | $13,091,000 | – | 798,741 | +100.0% | 0.47% | – | |
| TSIBU | TISHMAN SPEYER INNOVATION COunit 02/11/2026 | $12,805,000 | -1.5% | 1,300,000 | 0.0% | 0.46% | -4.0% | |
| Sell | SMARTRENT INC | $12,751,000 | -67.7% | 1,317,228 | -56.6% | 0.46% | -68.6% | |
| BKNG | New | BOOKING HOLDINGS INC | $11,216,000 | – | 4,675 | +100.0% | 0.40% | – |
| RLJ | New | RLJ LODGING TR | $10,806,000 | – | 775,713 | +100.0% | 0.39% | – |
| APLE | New | APPLE HOSPITALITY REIT INC | $10,138,000 | – | 627,755 | +100.0% | 0.36% | – |
| XHR | Sell | XENIA HOTELS & RESORTS INC | $7,519,000 | -22.9% | 415,211 | -24.5% | 0.27% | -24.9% |
| PK | Sell | PARK HOTELS & RESORTS INC | $5,664,000 | -33.7% | 300,000 | -32.8% | 0.20% | -35.5% |
| CLDT | New | CHATHAM LODGING TR | $5,201,000 | – | 379,110 | +100.0% | 0.19% | – |
| CLI | New | VERIS RESIDENTIAL INC | $4,593,000 | – | 249,892 | +100.0% | 0.16% | – |
| LTCH | New | LATCH INC | $3,478,000 | – | 459,424 | +100.0% | 0.12% | – |
| PGRE | New | PARAMOUNT GROUP INC | $2,367,000 | – | 283,852 | +100.0% | 0.08% | – |
| FWAC | Exit | FIFTH WALL ACQUISITN CORP II | $0 | – | -1,500,000 | -100.0% | -0.54% | – |
| FR | Exit | FIRST INDL RLTY TR INC | $0 | – | -310,000 | -100.0% | -0.59% | – |
| DHI | Exit | D R HORTON INC | $0 | – | -195,000 | -100.0% | -0.60% | – |
| RXRAU | Exit | RXR ACQUISITION CORPunit 01/01/2025 | $0 | – | -2,000,000 | -100.0% | -0.72% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -117,500 | -100.0% | -0.82% | – |
| PSA | Exit | PUBLIC STORAGE | $0 | – | -75,750 | -100.0% | -0.82% | – |
| PHM | Exit | PULTE GROUP INC | $0 | – | -713,319 | -100.0% | -1.20% | – |
| BKNG | Exit | BOOKING HOLDINGS INCcall | $0 | – | -18,000 | -100.0% | -1.56% | – |
| KRC | Exit | KILROY RLTY CORP | $0 | – | -681,383 | -100.0% | -1.65% | – |
| WH | Exit | WYNDHAM HOTELS & RESORTS INC | $0 | – | -659,058 | -100.0% | -1.86% | – |
| LXP | Exit | LEXINGTON REALTY TRUST | $0 | – | -5,369,909 | -100.0% | -2.51% | – |
| CPT | Exit | CAMDEN PPTY TRsh ben int | $0 | – | -473,158 | -100.0% | -2.55% | – |
| EQR | Exit | EQUITY RESIDENTIALsh ben int | $0 | – | -1,960,832 | -100.0% | -5.81% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-02-14
Signatures
The EDGAR filing(s) were signed by:
About Long Pond Capital
Long Pond Capital is a New York-based investment firm that specializes in real estate investments. The firm was founded in 2002 by John Khoury, who serves as the firm's CEO and Chief Investment Officer. Long Pond Capital manages over $3 billion in assets and has a team of over 30 investment professionals.
The firm's investment strategy is focused on identifying undervalued real estate assets and investing in them with a long-term perspective. Long Pond Capital has a strong track record of generating attractive returns for its investors, with a particular focus on distressed real estate opportunities.
In recent years, Long Pond Capital has been particularly active in the real estate sector, investing in a range of assets including hotels, office buildings, and residential properties. The firm has also been involved in a number of high-profile real estate transactions, including the acquisition of a portfolio of hotels from Starwood Capital Group in 2018.
Long Pond Capital's success can be attributed to its experienced team of investment professionals, who have a deep understanding of the real estate market and a proven ability to identify attractive investment opportunities. The firm's focus on long-term value creation and disciplined investment approach has helped it to deliver strong returns for its investors over the years.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| HYATT HOTELS CORP | 29 | Q2 2022 | 9.2% |
| MADISON SQUARE GRDN SPRT COR | 26 | Q3 2023 | 8.5% |
| PARAMOUNT GROUP INC | 25 | Q2 2023 | 9.5% |
| JBG SMITH PPTYS | 25 | Q3 2023 | 10.1% |
| FORESTAR GROUP INC | 25 | Q3 2023 | 4.8% |
| D R HORTON INC | 24 | Q3 2023 | 17.8% |
| AMERICAN HOMES 4 RENT | 24 | Q1 2023 | 13.2% |
| FIVE POINT HOLDINGS LLC | 24 | Q3 2023 | 1.6% |
| HILTON GRAND VACATIONS INC | 21 | Q3 2023 | 7.5% |
| TAUBMAN CTRS INC | 18 | Q3 2018 | 15.9% |
View Long Pond Capital's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| APARTMENT INVESTMENT & MANAGEMENT CO | February 13, 2023 | 5,810,366 | 3.8% |
| Five Point Holdings, LLC | February 13, 2023 | 3,127,395 | 4.5% |
| NETSTREIT Corp. | February 14, 2022 | 2,068,681 | 4.1% |
| Hyatt Hotels CorpSold out | February 12, 2021 | 0 | 0.0% |
| Century Communities, Inc.Sold out | February 14, 2020 | 0 | 0.0% |
| Hilton Grand Vacations Inc. | February 14, 2020 | 2,484,858 | 2.9% |
| WILLIAM LYON HOMES | February 14, 2020 | 1,137,924 | 3.4% |
| Paramount Group, Inc.Sold out | February 14, 2019 | 0 | 0.0% |
| TAUBMAN CENTERS INCSold out | February 14, 2019 | 0 | 0.0% |
| LaSalle Hotel Properties | February 13, 2018 | 5,780,546 | 5.1% |
View Long Pond Capital's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G | 2024-02-13 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| SC 13G/A | 2023-02-13 |
| SC 13G/A | 2023-02-13 |
View Long Pond Capital's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.