$1.63 Billion is the total value of Long Pond Capital's 38 reported holdings in Q4 2022. The portfolio turnover from Q3 2022 to Q4 2022 was 69.7% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JBGS | Sell | JBG SMITH PPTYS | $161,761,150 | +1.0% | 8,522,716 | -1.1% | 9.90% | +5.6% |
| AVB | Buy | AVALONBAY CMNTYS INC | $124,018,932 | +212.0% | 767,824 | +255.8% | 7.59% | +226.1% |
| CPT | Buy | CAMDEN PPTY TRsh ben int | $106,093,566 | +133.2% | 948,280 | +149.0% | 6.49% | +143.7% |
| SRC | Buy | SPIRIT RLTY CAP INC NEW | $92,295,280 | +71.8% | 2,311,427 | +55.6% | 5.65% | +79.5% |
| IRT | Sell | INDEPENDENCE RLTY TR INC | $88,304,823 | -48.5% | 5,237,534 | -48.9% | 5.40% | -46.1% |
| LXP | Sell | LXP INDUSTRIAL TRUST | $83,330,258 | -12.8% | 8,316,393 | -20.3% | 5.10% | -8.9% |
| UDR | New | UDR INC | $73,432,506 | – | 1,896,011 | +100.0% | 4.49% | – |
| FOR | FORESTAR GROUP INC | $72,147,663 | +37.7% | 4,681,873 | 0.0% | 4.41% | +43.9% | |
| LSI | New | LIFE STORAGE INC | $69,057,956 | – | 701,096 | +100.0% | 4.22% | – |
| EQR | New | EQUITY RESIDENTIALsh ben int | $63,361,457 | – | 1,073,923 | +100.0% | 3.88% | – |
| DHI | Sell | D R HORTON INC | $54,053,426 | -50.8% | 606,388 | -62.8% | 3.31% | -48.6% |
| FMX | Buy | FOMENTO ECONOMICO MEXICANO Sspon adr units | $51,237,502 | +159.6% | 655,882 | +108.5% | 3.14% | +171.4% |
| STAG | Sell | STAG INDL INC | $48,757,050 | -33.3% | 1,509,039 | -41.3% | 2.98% | -30.3% |
| KRC | Sell | KILROY RLTY CORP | $47,878,990 | -54.4% | 1,238,143 | -50.3% | 2.93% | -52.3% |
| VAC | Sell | MARRIOTT VACATIONS WORLDWIDE | $44,651,713 | -24.2% | 331,761 | -31.4% | 2.73% | -20.8% |
| AIV | Sell | APARTMENT INVT & MGMT COcl a | $41,369,806 | -47.3% | 5,810,366 | -46.0% | 2.53% | -45.0% |
| MSGS | Sell | MADISON SQUARE GRDN SPRT CORcl a | $41,005,971 | +1.5% | 223,673 | -24.3% | 2.51% | +6.1% |
| AMH | New | AMERICAN HOMES 4 RENTcl a | $34,979,309 | – | 1,160,561 | +100.0% | 2.14% | – |
| FR | Buy | FIRST INDL RLTY TR INC | $32,666,663 | +134.8% | 676,889 | +118.1% | 2.00% | +145.6% |
| AIRC | Sell | APARTMENT INCOME REIT CORP | $29,846,578 | -52.4% | 869,909 | -46.4% | 1.83% | -50.2% |
| SAFE | Sell | SAFEHOLD INC | $26,145,028 | -42.8% | 913,523 | -47.1% | 1.60% | -40.2% |
| MLCO | Sell | MELCO RESORTS AND ENTMNT LTDadr | $25,450,225 | -64.6% | 2,213,063 | -79.6% | 1.56% | -63.0% |
| MTH | New | MERITAGE HOMES CORP | $23,751,919 | – | 257,613 | +100.0% | 1.45% | – |
| HLT | Sell | HILTON WORLDWIDE HLDGS INC | $22,113,000 | -48.4% | 175,000 | -50.7% | 1.35% | -46.0% |
| SHW | Sell | SHERWIN WILLIAMS CO | $22,047,957 | -30.5% | 92,900 | -40.1% | 1.35% | -27.4% |
| New | BROOKFIELD CORPcl a ltd vt sh | $21,777,732 | – | 759,600 | +100.0% | 1.33% | – | |
| EPRT | New | ESSENTIAL PPTYS RLTY TR INC | $18,301,038 | – | 779,763 | +100.0% | 1.12% | – |
| SIX | Sell | SIX FLAGS ENTMT CORP NEW | $18,063,367 | -78.4% | 776,919 | -83.5% | 1.10% | -77.4% |
| HGV | Sell | HILTON GRAND VACATIONS INC | $17,685,890 | -31.6% | 458,897 | -41.6% | 1.08% | -28.5% |
| TNL | New | TRAVEL PLUS LEISURE CO | $16,359,106 | – | 449,426 | +100.0% | 1.00% | – |
| BNL | New | BROADSTONE NET LEASE INC | $11,934,126 | – | 736,220 | +100.0% | 0.73% | – |
| PLD | New | PROLOGIS INC. | $11,273,000 | – | 100,000 | +100.0% | 0.69% | – |
| UHAL | New | U HAUL HOLDING COMPANY | $10,241,208 | – | 170,148 | +100.0% | 0.63% | – |
| SHO | New | SUNSTONE HOTEL INVS INC NEW | $9,080,970 | – | 940,059 | +100.0% | 0.56% | – |
| FPH | Sell | FIVE POINT HOLDINGS LLC | $7,286,830 | -38.1% | 3,127,395 | -30.9% | 0.45% | -35.3% |
| RLJ | New | RLJ LODGING TR | $6,225,162 | – | 587,834 | +100.0% | 0.38% | – |
| Sell | SMARTRENT INC | $3,676,004 | -86.4% | 1,512,759 | -87.3% | 0.22% | -85.8% | |
| AGNC | New | AGNC INVT CORP | $2,697,210 | – | 260,600 | +100.0% | 0.16% | – |
| Exit | FEDERAL RLTY INVT TR NEWsh ben int new | $0 | – | -14,299 | -100.0% | -0.08% | – | |
| Exit | FRANKLIN BSP RLTY TR INC | $0 | – | -175,913 | -100.0% | -0.11% | – | |
| AKR | Exit | ACADIA RLTY TR | $0 | – | -457,016 | -100.0% | -0.34% | – |
| CZR | Exit | CAESARS ENTERTAINMENT INC NE | $0 | – | -218,164 | -100.0% | -0.41% | – |
| RRR | Exit | RED ROCK RESORTS INCcl a | $0 | – | -730,843 | -100.0% | -1.47% | – |
| LVS | Exit | LAS VEGAS SANDS CORPcall | $0 | – | -750,000 | -100.0% | -1.65% | – |
| LVS | Exit | LAS VEGAS SANDS CORP | $0 | – | -887,500 | -100.0% | -1.95% | – |
| RADI | Exit | RADIUS GLOBAL INFRASTRCTRE I | $0 | – | -4,046,547 | -100.0% | -2.23% | – |
| EXPE | Exit | EXPEDIA GROUP INC | $0 | – | -499,234 | -100.0% | -2.74% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-02-14
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.