GRS Advisors, LLC Quant / Systematic

Location: Chicago, IL

CIK: 0001544554 · Show all filings

Period: Q3 2013 (← Previous) (Next →)

Filing Date: Nov 14, 2013

Total Value: $2.201B (100.0% shares, 0.0% debt)

Holdings (42)

IWM ISHARES 11.0%

Value $241M Shares 2,264,800 Est. Cost — Unrealized —

— STARWOOD HOTELS&RESORTS WRLD 5.6%

Value $124M Shares 1,869,400 Est. Cost $63.19 Unrealized —

— SBA COMMUNICATIONS CORP 5.5%

Value $122M Shares 1,515,000 Est. Cost $74.12 Unrealized —

— GENERAL GROWTH PPTYS INC NEW 4.7%

Value $103M Shares 5,319,900 Est. Cost $19.87 Unrealized —

— CBL & ASSOC PPTYS INC 4.3%

Value $93.88M Shares 4,914,900 Est. Cost $20.66 Unrealized —

HD HOME DEPOT INC 4.1%

Value $89.68M Shares 1,182,300 Est. Cost $56.05 Unrealized +3.2%

MAR MARRIOTT INTL INC NEW 3.5%

Value $76.72M Shares 1,824,000 Est. Cost $36.65 Unrealized -0.2%

LOW LOWES COS INC 3.3%

Value $71.92M Shares 1,510,500 Est. Cost $33.05 Unrealized +10.2%

— RYLAND GROUP INC 3.1%

Value $68.62M Shares 1,692,600 Est. Cost $40.54 Unrealized —

LEN LENNAR CORP 3.1%

Value $68.06M Shares 1,922,700 Est. Cost $34.18 Unrealized -14.4%

TOL TOLL BROTHERS INC 3.0%

Value $67.05M Shares 2,067,400 Est. Cost $33.80 Unrealized -4.3%

MAC MACERICH CO 3.0%

Value $65.76M Shares 1,165,200 Est. Cost $60.97 Unrealized —

— CROWN CASTLE INTL CORP 2.8%

Value $60.81M Shares 832,700 Est. Cost $72.57 Unrealized —

— DDR CORP 2.7%

Value $60.02M Shares 3,820,600 Est. Cost $16.65 Unrealized —

SPG SIMON PPTY GROUP INC NEW 2.5%

Value $56.02M Shares 377,917 Est. Cost $88.80 Unrealized -8.8%

EXP EAGLE MATERIALS INC 2.5%

Value $54.77M Shares 755,000 Est. Cost $65.06 Unrealized -1.7%

— HERSHA HOSPITALITY TR 2.3%

Value $51.51M Shares 9,214,800 Est. Cost $5.64 Unrealized —

SPY SPDR S&P 500 ETF TR 2.2%

Value $49.04M Shares 291,900 Est. Cost — Unrealized —

AMT AMERICAN TOWER CORP NEW 2.2%

Value $47.99M Shares 647,400 Est. Cost $59.51 Unrealized -8.9%

FBIN FORTUNE BRANDS HOME & SEC IN 2.1%

Value $46.88M Shares 1,126,100 Est. Cost $27.93 Unrealized +2.9%

BXP BOSTON PROPERTIES INC 2.1%

Value $46.58M Shares 435,700 Est. Cost $63.45 Unrealized -1.1%

— OCWEN FINL CORP 2.0%

Value $44.49M Shares 797,700 Est. Cost $41.22 Unrealized —

IYR ISHARES 1.8%

Value $40.12M Shares 628,900 Est. Cost — Unrealized —

— ISTAR FINL INC 1.7%

Value $37.78M Shares 3,138,000 Est. Cost $11.29 Unrealized —

RLJ RLJ LODGING TR 1.6%

Value $35.75M Shares 1,522,000 Est. Cost $22.49 Unrealized —

— STARWOOD HOTELS&RESORTS WRLD 1.6%

Value $35.43M Shares 533,200 Est. Cost $63.19 Unrealized —

KRC KILROY RLTY CORP 1.5%

Value $33.84M Shares 677,400 Est. Cost $53.01 Unrealized —

WY WEYERHAEUSER CO 1.5%

Value $33.51M Shares 1,170,500 Est. Cost $18.73 Unrealized -5.8%

RCL ROYAL CARIBBEAN CRUISES LTD 1.4%

Value $31.19M Shares 814,800 Est. Cost — Unrealized —

VAC MARRIOTT VACATIONS WRLDWDE C 1.4%

Value $30.83M Shares 700,700 Est. Cost $44.24 Unrealized +0.7%

— HUDSON PAC PPTYS INC 1.4%

Value $30.35M Shares 1,560,300 Est. Cost $21.28 Unrealized —

PMT PENNYMAC MTG INVT TR 1.3%

Value $28.05M Shares 1,237,000 Est. Cost $21.05 Unrealized —

— STANDARD PAC CORP NEW 1.0%

Value $21.2M Shares 2,680,700 Est. Cost $7.91 Unrealized —

BXMT BLACKSTONE MTG TR INC 0.9%

Value $20.78M Shares 824,900 Est. Cost $24.88 Unrealized —

— HOWARD HUGHES CORP 0.8%

Value $17.18M Shares 152,900 Est. Cost $112.37 Unrealized —

— BRE PROPERTIES INC 0.7%

Value $15.45M Shares 304,300 Est. Cost $50.02 Unrealized —

— ORIENT-EXPRESS HOTELS LTD 0.7%

Value $15.34M Shares 1,182,100 Est. Cost $12.16 Unrealized —

STWD STARWOOD PPTY TR INC 0.7%

Value $14.82M Shares 618,300 Est. Cost $24.75 Unrealized —

M MACYS INC 0.6%

Value $14.12M Shares 326,200 Est. Cost $46.71 Unrealized 0.0%

— STRATEGIC HOTELS & RESORTS I 0.6%

Value $14.01M Shares 1,613,500 Est. Cost $8.86 Unrealized —

— TWO HBRS INVT CORP 0.6%

Value $13.19M Shares 1,358,300 Est. Cost $10.24 Unrealized —

DHI D R HORTON INC 0.4%

Value $8.452M Shares 435,000 Est. Cost $21.23 Unrealized -18.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES	2,264,800	$241M	11.0%	—	—	Put	464287655
—	STARWOOD HOTELS&RESORTS WRLD	1,869,400	$124M	5.6%	$63.19	—	COM	85590A401
—	SBA COMMUNICATIONS CORP	1,515,000	$122M	5.5%	$74.12	—	COM	78388J106
—	GENERAL GROWTH PPTYS INC NEW	5,319,900	$103M	4.7%	$19.87	—	COM	370023103
—	CBL & ASSOC PPTYS INC	4,914,900	$93.88M	4.3%	$20.66	—	COM	124830100
HD	HOME DEPOT INC	1,182,300	$89.68M	4.1%	$56.05	+3.2%	COM	437076102
MAR	MARRIOTT INTL INC NEW	1,824,000	$76.72M	3.5%	$36.65	-0.2%	CL A	571903202
LOW	LOWES COS INC	1,510,500	$71.92M	3.3%	$33.05	+10.2%	COM	548661107
—	RYLAND GROUP INC	1,692,600	$68.62M	3.1%	$40.54	—	COM	783764103
LEN	LENNAR CORP	1,922,700	$68.06M	3.1%	$34.18	-14.4%	CL A	526057104
TOL	TOLL BROTHERS INC	2,067,400	$67.05M	3.0%	$33.80	-4.3%	COM	889478103
MAC	MACERICH CO	1,165,200	$65.76M	3.0%	$60.97	—	COM	554382101
—	CROWN CASTLE INTL CORP	832,700	$60.81M	2.8%	$72.57	—	COM	228227104
—	DDR CORP	3,820,600	$60.02M	2.7%	$16.65	—	COM	23317H102
SPG	SIMON PPTY GROUP INC NEW	377,917	$56.02M	2.5%	$88.80	-8.8%	COM	828806109
EXP	EAGLE MATERIALS INC	755,000	$54.77M	2.5%	$65.06	-1.7%	COM	26969P108
—	HERSHA HOSPITALITY TR	9,214,800	$51.51M	2.3%	$5.64	—	SH BEN INT A	427825104
SPY	SPDR S&P 500 ETF TR	291,900	$49.04M	2.2%	—	—	Put	78462F103
AMT	AMERICAN TOWER CORP NEW	647,400	$47.99M	2.2%	$59.51	-8.9%	COM	03027X100
FBIN	FORTUNE BRANDS HOME & SEC IN	1,126,100	$46.88M	2.1%	$27.93	+2.9%	COM	34964C106
BXP	BOSTON PROPERTIES INC	435,700	$46.58M	2.1%	$63.45	-1.1%	COM	101121101
—	OCWEN FINL CORP	797,700	$44.49M	2.0%	$41.22	—	COM NEW	675746309
IYR	ISHARES	628,900	$40.12M	1.8%	—	—	Put	464287739
—	ISTAR FINL INC	3,138,000	$37.78M	1.7%	$11.29	—	COM	45031U101
RLJ	RLJ LODGING TR	1,522,000	$35.75M	1.6%	$22.49	—	COM	74965L101
—	STARWOOD HOTELS&RESORTS WRLD	533,200	$35.43M	1.6%	$63.19	—	Put	85590A401
KRC	KILROY RLTY CORP	677,400	$33.84M	1.5%	$53.01	—	COM	49427F108
WY	WEYERHAEUSER CO	1,170,500	$33.51M	1.5%	$18.73	-5.8%	COM	962166104
RCL	ROYAL CARIBBEAN CRUISES LTD	814,800	$31.19M	1.4%	—	—	Put	V7780T103
VAC	MARRIOTT VACATIONS WRLDWDE C	700,700	$30.83M	1.4%	$44.24	+0.7%	COM	57164Y107
—	HUDSON PAC PPTYS INC	1,560,300	$30.35M	1.4%	$21.28	—	COM	444097109
PMT	PENNYMAC MTG INVT TR	1,237,000	$28.05M	1.3%	$21.05	—	COM	70931T103
—	STANDARD PAC CORP NEW	2,680,700	$21.2M	1.0%	$7.91	—	COM	85375C101
BXMT	BLACKSTONE MTG TR INC	824,900	$20.78M	0.9%	$24.88	—	COM CL A	09257W100
—	HOWARD HUGHES CORP	152,900	$17.18M	0.8%	$112.37	—	COM	44267D107
—	BRE PROPERTIES INC	304,300	$15.45M	0.7%	$50.02	—	CL A	05564E106
—	ORIENT-EXPRESS HOTELS LTD	1,182,100	$15.34M	0.7%	$12.16	—	CL A	G67743107
STWD	STARWOOD PPTY TR INC	618,300	$14.82M	0.7%	$24.75	—	COM	85571B105
M	MACYS INC	326,200	$14.12M	0.6%	$46.71	0.0%	COM	55616P104
—	STRATEGIC HOTELS & RESORTS I	1,613,500	$14.01M	0.6%	$8.86	—	COM	86272T106
—	TWO HBRS INVT CORP	1,358,300	$13.19M	0.6%	$10.24	—	COM	90187B101
DHI	D R HORTON INC	435,000	$8.452M	0.4%	$21.23	-18.1%	COM	23331A109