GRS Advisors, LLC Quant / Systematic

CIK: 0001544554 · Show all filings

Period: Q4 2013 (← Previous) (Next →)

Filing Date: Feb 14, 2014

Total Value ($000): $1,726,491 (100.0% shares, 0.0% debt)

Holdings (36)

IWM ISHARES 12.6%

Value ($000) $217,592 Shares 1,886,200 Est. Cost — Unrealized —

— CBL & ASSOC PPTYS INC 4.7%

Value ($000) $81,176 Shares 4,519,800 Est. Cost $20.66 Unrealized —

LEN LENNAR CORP 4.4%

Value ($000) $75,310 Shares 1,903,700 Est. Cost $34.18 Unrealized -10.9%

EXP EAGLE MATERIALS INC 3.9%

Value ($000) $67,891 Shares 876,800 Est. Cost $65.88 Unrealized +7.7%

AMT AMERICAN TOWER CORP NEW 3.6%

Value ($000) $61,421 Shares 769,500 Est. Cost $59.35 Unrealized -1.4%

MAC MACERICH CO 3.5%

Value ($000) $61,175 Shares 1,038,800 Est. Cost $60.97 Unrealized —

— GENERAL GROWTH PPTYS INC NEW 3.5%

Value ($000) $61,023 Shares 3,040,500 Est. Cost $19.87 Unrealized —

SPG SIMON PPTY GROUP INC NEW 3.4%

Value ($000) $58,432 Shares 384,017 Est. Cost $88.68 Unrealized -8.7%

— STARWOOD HOTELS&RESORTS WRLD 3.3%

Value ($000) $57,474 Shares 723,400 Est. Cost $63.19 Unrealized —

MAR MARRIOTT INTL INC NEW 3.3%

Value ($000) $57,233 Shares 1,159,500 Est. Cost $36.65 Unrealized +10.0%

— RYLAND GROUP INC 3.3%

Value ($000) $56,806 Shares 1,308,600 Est. Cost $40.54 Unrealized —

WY WEYERHAEUSER CO 3.3%

Value ($000) $56,188 Shares 1,779,800 Est. Cost $18.76 Unrealized +0.3%

SPY SPDR S&P 500 ETF TR 3.1%

Value ($000) $54,170 Shares 293,300 Est. Cost — Unrealized —

— HERSHA HOSPITALITY TR 3.0%

Value ($000) $52,155 Shares 9,363,500 Est. Cost $5.64 Unrealized —

— DDR CORP 3.0%

Value ($000) $51,714 Shares 3,364,600 Est. Cost $16.65 Unrealized —

— SBA COMMUNICATIONS CORP 3.0%

Value ($000) $51,613 Shares 574,500 Est. Cost $74.12 Unrealized —

— OCWEN FINL CORP 2.9%

Value ($000) $50,476 Shares 910,300 Est. Cost $42.98 Unrealized —

DHI D R HORTON INC 2.9%

Value ($000) $49,724 Shares 2,227,800 Est. Cost $17.80 Unrealized -4.7%

— HILTON WORLDWIDE HLDGS INC 2.6%

Value ($000) $44,949 Shares 2,020,200 Est. Cost $22.25 Unrealized —

LOW LOWES COS INC 2.5%

Value ($000) $42,702 Shares 861,800 Est. Cost $33.05 Unrealized +18.4%

— ISTAR FINL INC 2.4%

Value ($000) $41,322 Shares 2,895,700 Est. Cost $11.29 Unrealized —

IYR ISHARES 2.3%

Value ($000) $39,961 Shares 633,500 Est. Cost — Unrealized —

HD HOME DEPOT INC 2.3%

Value ($000) $39,227 Shares 476,400 Est. Cost $56.05 Unrealized +4.8%

RLJ RLJ LODGING TR 2.2%

Value ($000) $37,616 Shares 1,546,700 Est. Cost $22.52 Unrealized —

RCL ROYAL CARIBBEAN CRUISES LTD 2.1%

Value ($000) $35,674 Shares 752,300 Est. Cost $36.36 Unrealized 0.0%

— HUDSON PAC PPTYS INC 2.0%

Value ($000) $34,456 Shares 1,575,500 Est. Cost $21.28 Unrealized —

VAC MARRIOTT VACATIONS WRLDWDE C 1.7%

Value ($000) $29,298 Shares 555,300 Est. Cost $44.24 Unrealized +13.5%

RCL ROYAL CARIBBEAN CRUISES LTD 1.4%

Value ($000) $24,658 Shares 520,000 Est. Cost $36.36 Unrealized 0.0%

BXMT BLACKSTONE MTG TR INC 1.3%

Value ($000) $22,542 Shares 830,900 Est. Cost $24.88 Unrealized —

PMT PENNYMAC MTG INVT TR 1.2%

Value ($000) $21,502 Shares 936,500 Est. Cost $21.05 Unrealized —

— HOWARD HUGHES CORP 1.1%

Value ($000) $18,495 Shares 154,000 Est. Cost $112.37 Unrealized —

M MACYS INC 1.0%

Value ($000) $17,702 Shares 331,500 Est. Cost $46.74 Unrealized +3.7%

— ORIENT-EXPRESS HOTELS LTD 0.9%

Value ($000) $16,278 Shares 1,077,300 Est. Cost $12.16 Unrealized —

— EQUINIX INC 0.9%

Value ($000) $16,077 Shares 90,600 Est. Cost $177.45 Unrealized —

WHR WHIRLPOOL CORP 0.9%

Value ($000) $15,168 Shares 96,700 Est. Cost $146.63 Unrealized 0.0%

— SPIRIT RLTY CAP INC NEW 0.4%

Value ($000) $7,291 Shares 741,700 Est. Cost $9.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES	1,886,200	$217,592	12.6%	—	—	Put	464287655
—	CBL & ASSOC PPTYS INC	4,519,800	$81,176	4.7%	$20.66	—	COM	124830100
LEN	LENNAR CORP	1,903,700	$75,310	4.4%	$34.18	-10.9%	CL A	526057104
EXP	EAGLE MATERIALS INC	876,800	$67,891	3.9%	$65.88	+7.7%	COM	26969P108
AMT	AMERICAN TOWER CORP NEW	769,500	$61,421	3.6%	$59.35	-1.4%	COM	03027X100
MAC	MACERICH CO	1,038,800	$61,175	3.5%	$60.97	—	COM	554382101
—	GENERAL GROWTH PPTYS INC NEW	3,040,500	$61,023	3.5%	$19.87	—	COM	370023103
SPG	SIMON PPTY GROUP INC NEW	384,017	$58,432	3.4%	$88.68	-8.7%	COM	828806109
—	STARWOOD HOTELS&RESORTS WRLD	723,400	$57,474	3.3%	$63.19	—	COM	85590A401
MAR	MARRIOTT INTL INC NEW	1,159,500	$57,233	3.3%	$36.65	+10.0%	CL A	571903202
—	RYLAND GROUP INC	1,308,600	$56,806	3.3%	$40.54	—	COM	783764103
WY	WEYERHAEUSER CO	1,779,800	$56,188	3.3%	$18.76	+0.3%	COM	962166104
SPY	SPDR S&P 500 ETF TR	293,300	$54,170	3.1%	—	—	Put	78462F103
—	HERSHA HOSPITALITY TR	9,363,500	$52,155	3.0%	$5.64	—	SH BEN INT A	427825104
—	DDR CORP	3,364,600	$51,714	3.0%	$16.65	—	COM	23317H102
—	SBA COMMUNICATIONS CORP	574,500	$51,613	3.0%	$74.12	—	COM	78388J106
—	OCWEN FINL CORP	910,300	$50,476	2.9%	$42.98	—	COM NEW	675746309
DHI	D R HORTON INC	2,227,800	$49,724	2.9%	$17.80	-4.7%	COM	23331A109
—	HILTON WORLDWIDE HLDGS INC	2,020,200	$44,949	2.6%	$22.25	—	COM	43300A104
LOW	LOWES COS INC	861,800	$42,702	2.5%	$33.05	+18.4%	COM	548661107
—	ISTAR FINL INC	2,895,700	$41,322	2.4%	$11.29	—	COM	45031U101
IYR	ISHARES	633,500	$39,961	2.3%	—	—	Put	464287739
HD	HOME DEPOT INC	476,400	$39,227	2.3%	$56.05	+4.8%	COM	437076102
RLJ	RLJ LODGING TR	1,546,700	$37,616	2.2%	$22.52	—	COM	74965L101
RCL	ROYAL CARIBBEAN CRUISES LTD	752,300	$35,674	2.1%	$36.36	0.0%	Put	V7780T103
—	HUDSON PAC PPTYS INC	1,575,500	$34,456	2.0%	$21.28	—	COM	444097109
VAC	MARRIOTT VACATIONS WRLDWDE C	555,300	$29,298	1.7%	$44.24	+13.5%	COM	57164Y107
RCL	ROYAL CARIBBEAN CRUISES LTD	520,000	$24,658	1.4%	$36.36	0.0%	COM	V7780T103
BXMT	BLACKSTONE MTG TR INC	830,900	$22,542	1.3%	$24.88	—	COM CL A	09257W100
PMT	PENNYMAC MTG INVT TR	936,500	$21,502	1.2%	$21.05	—	COM	70931T103
—	HOWARD HUGHES CORP	154,000	$18,495	1.1%	$112.37	—	COM	44267D107
M	MACYS INC	331,500	$17,702	1.0%	$46.74	+3.7%	COM	55616P104
—	ORIENT-EXPRESS HOTELS LTD	1,077,300	$16,278	0.9%	$12.16	—	CL A	G67743107
—	EQUINIX INC	90,600	$16,077	0.9%	$177.45	—	COM NEW	29444U502
WHR	WHIRLPOOL CORP	96,700	$15,168	0.9%	$146.63	0.0%	COM	963320106
—	SPIRIT RLTY CAP INC NEW	741,700	$7,291	0.4%	$9.83	—	COM	84860W102