Q3 2017
Value | Shares | ↓ Weighting | ||||||
---|---|---|---|---|---|---|---|---|
New | n/an/a | $0 | – | 0 | – | 0.00% | – | |
CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -400,000 | – | -1.19% | – |
MPW | Exit | MEDICAL PPTYS TRUST INCput | $0 | – | -506,200 | – | -1.28% | – |
JCAP | Exit | JERNIGAN CAP INC | $0 | – | -319,632 | – | -1.38% | – |
ZAYO | Exit | ZAYO GROUP HLDGS INC | $0 | – | -270,048 | – | -1.64% | – |
DOC | Exit | PHYSICIANS RLTY TR | $0 | – | -450,000 | – | -1.78% | – |
FBM | Exit | FOUNDATION BLDG MATLS INC | $0 | – | -745,670 | – | -1.88% | – |
CZR | Exit | CAESARS ENTMT CORPcall | $0 | – | -970,000 | – | -2.28% | – |
MORE | Exit | MONOGRAM RESIDENTIAL TR INC | $0 | – | -1,200,000 | – | -2.28% | – |
RPT | Exit | RAMCO-GERSHENSON PPTYS TR | $0 | – | -1,000,000 | – | -2.53% | – |
CLI | Exit | MACK CALI RLTY CORP | $0 | – | -500,000 | – | -2.66% | – |
QTS | Exit | QTS RLTY TR INC | $0 | – | -263,640 | – | -2.70% | – |
VNO | Exit | VORNADO RLTY TRsh ben int | $0 | – | -199,194 | – | -3.67% | – |
NRE | Exit | NORTHSTAR REALTY EUROPE CORP | $0 | – | -1,540,520 | – | -3.83% | – |
LSI | Exit | LIFE STORAGE INC | $0 | – | -300,000 | – | -4.36% | – |
CUBE | Exit | CUBESMART | $0 | – | -969,400 | – | -4.57% | – |
TCO | Exit | TAUBMAN CTRS INC | $0 | – | -400,000 | – | -4.67% | – |
BKD | Exit | BROOKDALE SR LIVING INCcall | $0 | – | -1,850,000 | – | -5.34% | – |
FCEA | Exit | FOREST CITY RLTY TR INC | $0 | – | -1,200,000 | – | -5.69% | – |
SRC | Exit | SPIRIT RLTY CAP INC NEW | $0 | – | -4,180,200 | – | -6.07% | – |
MAC | Exit | MACERICH CO | $0 | – | -600,000 | – | -6.83% | – |
PEI | Exit | PENNSYLVANIA RL ESTATE INVTsh ben int | $0 | – | -3,150,000 | – | -6.99% | – |
AIV | Exit | APARTMENT INVT & MGMT COcl a | $0 | – | -830,000 | – | -6.99% | – |
DDR | Exit | DDR CORP | $0 | – | -4,050,000 | – | -7.20% | – |
BKD | Exit | BROOKDALE SR LIVING INC | $0 | – | -4,230,000 | – | -12.20% | – |
Q2 2017
Value | Shares | ↓ Weighting | ||||||
---|---|---|---|---|---|---|---|---|
BKD | New | BROOKDALE SR LIVING INC | $62,224,000 | – | 4,230,000 | – | 12.20% | – |
DDR | New | DDR CORP | $36,734,000 | – | 4,050,000 | – | 7.20% | – |
AIV | New | APARTMENT INVT & MGMT COcl a | $35,666,000 | – | 830,000 | – | 6.99% | – |
PEI | New | PENNSYLVANIA RL ESTATE INVTsh ben int | $35,658,000 | – | 3,150,000 | – | 6.99% | – |
MAC | New | MACERICH CO | $34,836,000 | – | 600,000 | – | 6.83% | – |
SRC | New | SPIRIT RLTY CAP INC NEW | $30,976,000 | – | 4,180,200 | – | 6.07% | – |
FCEA | New | FOREST CITY RLTY TR INC | $29,004,000 | – | 1,200,000 | – | 5.69% | – |
BKD | New | BROOKDALE SR LIVING INCcall | $27,214,000 | – | 1,850,000 | – | 5.34% | – |
TCO | New | TAUBMAN CTRS INC | $23,820,000 | – | 400,000 | – | 4.67% | – |
CUBE | New | CUBESMART | $23,304,000 | – | 969,400 | – | 4.57% | – |
LSI | New | LIFE STORAGE INC | $22,230,000 | – | 300,000 | – | 4.36% | – |
NRE | New | NORTHSTAR REALTY EUROPE CORP | $19,534,000 | – | 1,540,520 | – | 3.83% | – |
VNO | New | VORNADO RLTY TRsh ben int | $18,704,000 | – | 199,194 | – | 3.67% | – |
QTS | New | QTS RLTY TR INC | $13,796,000 | – | 263,640 | – | 2.70% | – |
CLI | New | MACK CALI RLTY CORP | $13,570,000 | – | 500,000 | – | 2.66% | – |
RPT | New | RAMCO-GERSHENSON PPTYS TR | $12,900,000 | – | 1,000,000 | – | 2.53% | – |
MORE | New | MONOGRAM RESIDENTIAL TR INC | $11,652,000 | – | 1,200,000 | – | 2.28% | – |
CZR | New | CAESARS ENTMT CORPcall | $11,640,000 | – | 970,000 | – | 2.28% | – |
FBM | New | FOUNDATION BLDG MATLS INC | $9,590,000 | – | 745,670 | – | 1.88% | – |
DOC | New | PHYSICIANS RLTY TR | $9,064,000 | – | 450,000 | – | 1.78% | – |
ZAYO | New | ZAYO GROUP HLDGS INC | $8,344,000 | – | 270,048 | – | 1.64% | – |
JCAP | New | JERNIGAN CAP INC | $7,032,000 | – | 319,632 | – | 1.38% | – |
MPW | New | MEDICAL PPTYS TRUST INCput | $6,514,000 | – | 506,200 | – | 1.28% | – |
CSU | New | CAPITAL SR LIVING CORP | $6,084,000 | – | 400,000 | – | 1.19% | – |
Q4 2016
Value | Shares | ↓ Weighting | ||||||
---|---|---|---|---|---|---|---|---|
HST | Exit | HOST HOTELS & RESORTS INCput | $0 | – | -391,200 | – | -1.03% | – |
NYRT | Exit | NEW YORK REIT INC | $0 | – | -680,106 | – | -1.06% | – |
STAY | Exit | EXTENDED STAY AMER INCunit 99/99/9999b | $0 | – | -516,978 | – | -1.25% | – |
IRT | Exit | INDEPENDENCE RLTY TR INC | $0 | – | -1,000,000 | – | -1.53% | – |
AMT | Exit | AMERICAN TOWER CORP NEW | $0 | – | -100,000 | – | -1.92% | – |
AHP | Exit | ASHFORD HOSPITALITY PRIME IN | $0 | – | -827,206 | – | -1.98% | – |
BYD | Exit | BOYD GAMING CORP | $0 | – | -613,600 | – | -2.06% | – |
CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -750,000 | – | -2.14% | – |
CSAL | Exit | COMMUNICATIONS SALES&LEAS INput | $0 | – | -560,000 | – | -2.98% | – |
NRE | Exit | NORTHSTAR REALTY EUROPE CORP | $0 | – | -1,651,280 | – | -3.07% | – |
DRH | Exit | DIAMONDROCK HOSPITALITY CO | $0 | – | -2,000,000 | – | -3.09% | – |
RAX | Exit | RACKSPACE HOSTING INCput | $0 | – | -590,800 | – | -3.18% | – |
EQR | Exit | EQUITY RESIDENTIALsh ben int | $0 | – | -350,000 | – | -3.82% | – |
CCI | Exit | CROWN CASTLE INTL CORP NEW | $0 | – | -250,000 | – | -4.00% | – |
WYND | Exit | WYNDHAM WORLDWIDE CORP | $0 | – | -383,288 | – | -4.38% | – |
VNO | Exit | VORNADO RLTY TRsh ben int | $0 | – | -260,000 | – | -4.47% | – |
MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -400,000 | – | -4.57% | – |
KRC | Exit | KILROY RLTY CORP | $0 | – | -400,000 | – | -4.71% | – |
BKD | Exit | BROOKDALE SR LIVING INC | $0 | – | -1,699,998 | – | -5.03% | – |
TCO | Exit | TAUBMAN CTRS INC | $0 | – | -431,452 | – | -5.45% | – |
DDR | Exit | DDR CORP | $0 | – | -1,900,000 | – | -5.62% | – |
GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -1,024,998 | – | -5.82% | – |
SLG | Exit | SL GREEN RLTY CORP | $0 | – | -326,998 | – | -6.00% | – |
PEI | Exit | PENNSYLVANIA RL ESTATE INVTsh ben int | $0 | – | -1,646,558 | – | -6.44% | – |
MAC | Exit | MACERICH CO | $0 | – | -489,998 | – | -6.72% | – |
LSI | Exit | LIFE STORAGE INC | $0 | – | -510,000 | – | -7.70% | – |
Q3 2016
Value | Shares | ↓ Weighting | ||||||
---|---|---|---|---|---|---|---|---|
LSI | New | LIFE STORAGE INC | $45,360,000 | – | 510,000 | – | 7.70% | – |
MAC | Buy | MACERICH CO | $39,626,000 | +42.4% | 489,998 | +50.4% | 6.72% | +18.3% |
PEI | Buy | PENNSYLVANIA RL ESTATE INVTsh ben int | $37,920,000 | +31.3% | 1,646,558 | +22.3% | 6.44% | +9.0% |
SLG | Buy | SL GREEN RLTY CORP | $35,348,000 | +50.9% | 326,998 | +48.6% | 6.00% | +25.3% |
GLPI | Buy | GAMING & LEISURE PPTYS INC | $34,286,000 | +65.3% | 1,024,998 | +70.4% | 5.82% | +37.2% |
DDR | Buy | DDR CORP | $33,118,000 | +71.5% | 1,900,000 | +78.5% | 5.62% | +42.4% |
TCO | Buy | TAUBMAN CTRS INC | $32,104,000 | +45.3% | 431,452 | +44.9% | 5.45% | +20.6% |
BKD | Buy | BROOKDALE SR LIVING INC | $29,664,000 | +27.0% | 1,699,998 | +12.3% | 5.03% | +5.4% |
KRC | Buy | KILROY RLTY CORP | $27,740,000 | +18.4% | 400,000 | +13.2% | 4.71% | -1.7% |
MAR | New | MARRIOTT INTL INC NEWcl a | $26,932,000 | – | 400,000 | – | 4.57% | – |
VNO | Buy | VORNADO RLTY TRsh ben int | $26,314,000 | +26.2% | 260,000 | +24.9% | 4.47% | +4.8% |
WYND | New | WYNDHAM WORLDWIDE CORP | $25,806,000 | – | 383,288 | – | 4.38% | – |
CCI | New | CROWN CASTLE INTL CORP NEW | $23,552,000 | – | 250,000 | – | 4.00% | – |
EQR | Sell | EQUITY RESIDENTIALsh ben int | $22,516,000 | -15.6% | 350,000 | -9.7% | 3.82% | -30.0% |
RAX | New | RACKSPACE HOSTING INCput | $18,722,000 | – | 590,800 | – | 3.18% | – |
DRH | New | DIAMONDROCK HOSPITALITY CO | $18,200,000 | – | 2,000,000 | – | 3.09% | – |
NRE | Buy | NORTHSTAR REALTY EUROPE CORP | $18,082,000 | +84.4% | 1,651,280 | +55.7% | 3.07% | +53.1% |
CSAL | New | COMMUNICATIONS SALES&LEAS INput | $17,590,000 | – | 560,000 | – | 2.98% | – |
CSU | Buy | CAPITAL SR LIVING CORP | $12,600,000 | +34.2% | 750,000 | +41.1% | 2.14% | +11.4% |
BYD | Buy | BOYD GAMING CORP | $12,138,000 | +64.1% | 613,600 | +52.7% | 2.06% | +36.2% |
AHP | New | ASHFORD HOSPITALITY PRIME IN | $11,664,000 | – | 827,206 | – | 1.98% | – |
AMT | New | AMERICAN TOWER CORP NEW | $11,334,000 | – | 100,000 | – | 1.92% | – |
IRT | New | INDEPENDENCE RLTY TR INC | $9,000,000 | – | 1,000,000 | – | 1.53% | – |
STAY | Sell | EXTENDED STAY AMER INCunit 99/99/9999b | $7,342,000 | -64.3% | 516,978 | -62.4% | 1.25% | -70.3% |
NYRT | Sell | NEW YORK REIT INC | $6,222,000 | -58.1% | 680,106 | -57.6% | 1.06% | -65.2% |
HST | New | HOST HOTELS & RESORTS INCput | $6,090,000 | – | 391,200 | – | 1.03% | – |
NRE | Exit | NORTHSTAR REALTY EUROPE CORPput | $0 | – | -500,000 | – | -0.95% | – |
WPG | Exit | WP GLIMCHER IN | $0 | – | -631,400 | – | -1.44% | – |
NSA | Exit | NATIONAL STORAGE AFFILIATES | $0 | – | -370,000 | – | -1.58% | – |
MTGE | Exit | AMERICAN CAP MTG INVT CORP | $0 | – | -596,228 | – | -1.92% | – |
NSAM | Exit | NORTHSTAR ASSET MGMT GROUP I | $0 | – | -978,610 | – | -2.04% | – |
XLF | Exit | SELECT SECTOR SPDR TRput | $0 | – | -600,000 | – | -2.80% | – |
CLNY | Exit | COLONY CAP INCcl a | $0 | – | -1,070,746 | – | -3.36% | – |
HPP | Exit | HUDSON PAC PPTYS INC | $0 | – | -663,816 | – | -3.96% | – |
A104PS | Exit | HILTON WORLDWIDE HLDGS INC | $0 | – | -880,422 | – | -4.06% | – |
GGP | Exit | GENERAL GROWTH PPTYS INC NEW | $0 | – | -700,000 | – | -4.27% | – |
SSS | Exit | SOVRAN SELF STORAGE INC | $0 | – | -233,978 | – | -5.02% | – |
IYR | Exit | ISHARES TRput | $0 | – | -450,000 | – | -7.57% | – |
Q2 2016
Value | Shares | ↓ Weighting | ||||||
---|---|---|---|---|---|---|---|---|
IYR | New | ISHARES TRput | $37,036,000 | – | 450,000 | – | 7.57% | – |
PEI | New | PENNSYLVANIA RL ESTATE INVTsh ben int | $28,882,000 | – | 1,346,522 | – | 5.90% | – |
MAC | New | MACERICH CO | $27,820,000 | – | 325,806 | – | 5.69% | – |
EQR | New | EQUITY RESIDENTIALsh ben int | $26,684,000 | – | 387,410 | – | 5.46% | – |
SSS | New | SOVRAN SELF STORAGE INC | $24,548,000 | – | 233,978 | – | 5.02% | – |
KRC | New | KILROY RLTY CORP | $23,426,000 | – | 353,400 | – | 4.79% | – |
SLG | New | SL GREEN RLTY CORP | $23,424,000 | – | 220,000 | – | 4.79% | – |
BKD | New | BROOKDALE SR LIVING INC | $23,366,000 | – | 1,513,326 | – | 4.78% | – |
TCO | New | TAUBMAN CTRS INC | $22,100,000 | – | 297,836 | – | 4.52% | – |
GGP | New | GENERAL GROWTH PPTYS INC NEW | $20,874,000 | – | 700,000 | – | 4.27% | – |
VNO | New | VORNADO RLTY TRsh ben int | $20,848,000 | – | 208,224 | – | 4.26% | – |
GLPI | New | GAMING & LEISURE PPTYS INC | $20,740,000 | – | 601,494 | – | 4.24% | – |
STAY | New | EXTENDED STAY AMER INCunit 99/99/9999b | $20,558,000 | – | 1,375,078 | – | 4.20% | – |
A104PS | New | HILTON WORLDWIDE HLDGS INC | $19,836,000 | – | 880,422 | – | 4.06% | – |
HPP | New | HUDSON PAC PPTYS INC | $19,370,000 | – | 663,816 | – | 3.96% | – |
DDR | New | DDR CORP | $19,306,000 | – | 1,064,316 | – | 3.95% | – |
CLNY | New | COLONY CAP INCcl a | $16,436,000 | – | 1,070,746 | – | 3.36% | – |
NYRT | New | NEW YORK REIT INC | $14,840,000 | – | 1,604,396 | – | 3.03% | – |
XLF | New | SELECT SECTOR SPDR TRput | $13,698,000 | – | 600,000 | – | 2.80% | – |
NSAM | New | NORTHSTAR ASSET MGMT GROUP I | $9,992,000 | – | 978,610 | – | 2.04% | – |
NRE | New | NORTHSTAR REALTY EUROPE CORP | $9,808,000 | – | 1,060,302 | – | 2.00% | – |
MTGE | New | AMERICAN CAP MTG INVT CORP | $9,414,000 | – | 596,228 | – | 1.92% | – |
CSU | New | CAPITAL SR LIVING CORP | $9,390,000 | – | 531,364 | – | 1.92% | – |
NSA | New | NATIONAL STORAGE AFFILIATES | $7,704,000 | – | 370,000 | – | 1.58% | – |
BYD | New | BOYD GAMING CORP | $7,396,000 | – | 401,960 | – | 1.51% | – |
WPG | New | WP GLIMCHER IN | $7,066,000 | – | 631,400 | – | 1.44% | – |
NRE | New | NORTHSTAR REALTY EUROPE CORPput | $4,626,000 | – | 500,000 | – | 0.95% | – |