GRS Advisors, LLC Quant / Systematic

CIK: 0001544554 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 17, 2015

Total Value ($000): $1,322,287 (100.0% shares, 0.0% debt)

Holdings (24)

SPY SPDR S&P 500 ETF TR 7.8%

Value ($000) $103,284 Shares 502,500 Est. Cost — Unrealized —

— CBL & ASSOC PPTYS INC 7.5%

Value ($000) $98,749 Shares 5,084,900 Est. Cost $20.17 Unrealized —

— HILTON WORLDWIDE HLDGS INC 7.3%

Value ($000) $96,562 Shares 3,701,100 Est. Cost $22.89 Unrealized —

IWM ISHARES TR 6.4%

Value ($000) $85,229 Shares 712,500 Est. Cost — Unrealized —

— HERSHA HOSPITALITY TR 6.1%

Value ($000) $81,205 Shares 11,551,200 Est. Cost $5.94 Unrealized —

MAC MACERICH CO 5.8%

Value ($000) $76,712 Shares 919,700 Est. Cost $61.22 Unrealized —

MTN VAIL RESORTS INC 5.6%

Value ($000) $73,660 Shares 808,300 Est. Cost $71.20 Unrealized +21.8%

— STARWOOD HOTELS&RESORTS WRLD 5.4%

Value ($000) $71,366 Shares 880,300 Est. Cost $68.43 Unrealized —

DHI D R HORTON INC 5.3%

Value ($000) $69,955 Shares 2,766,100 Est. Cost $19.44 Unrealized +6.5%

LOW LOWES COS INC 5.1%

Value ($000) $66,880 Shares 972,100 Est. Cost $36.02 Unrealized +36.1%

— HUDSON PAC PPTYS INC 4.4%

Value ($000) $58,307 Shares 1,939,700 Est. Cost $22.00 Unrealized —

— DDR CORP 3.9%

Value ($000) $51,347 Shares 2,796,700 Est. Cost $16.68 Unrealized —

EXP EAGLE MATERIALS INC 3.9%

Value ($000) $51,337 Shares 675,223 Est. Cost $70.69 Unrealized +13.3%

FBIN FORTUNE BRANDS HOME & SEC IN 3.8%

Value ($000) $49,811 Shares 1,100,300 Est. Cost $29.23 Unrealized +7.0%

— ISTAR FINL INC 3.6%

Value ($000) $48,026 Shares 3,518,400 Est. Cost $11.80 Unrealized —

— GENERAL GROWTH PPTYS INC NEW 3.1%

Value ($000) $41,421 Shares 1,472,500 Est. Cost $20.51 Unrealized —

— HOWARD HUGHES CORP 2.9%

Value ($000) $38,200 Shares 292,900 Est. Cost $132.12 Unrealized —

— SPIRIT RLTY CAP INC NEW 2.5%

Value ($000) $32,400 Shares 2,725,000 Est. Cost $10.80 Unrealized —

— COLONY FINL INC 2.0%

Value ($000) $25,880 Shares 1,086,500 Est. Cost $22.13 Unrealized —

M MACYS INC 1.9%

Value ($000) $25,314 Shares 385,000 Est. Cost $58.74 Unrealized +3.0%

RLJ RLJ LODGING TR 1.7%

Value ($000) $23,024 Shares 686,654 Est. Cost $22.61 Unrealized —

— SBA COMMUNICATIONS CORP 1.7%

Value ($000) $21,991 Shares 198,550 Est. Cost $110.76 Unrealized —

WY WEYERHAEUSER CO 1.3%

Value ($000) $17,796 Shares 495,844 Est. Cost $18.85 Unrealized +18.2%

VNO VORNADO RLTY TR 1.0%

Value ($000) $13,831 Shares 117,503 Est. Cost $99.96 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	502,500	$103,284	7.8%	—	—	Put	78462F103
—	CBL & ASSOC PPTYS INC	5,084,900	$98,749	7.5%	$20.17	—	COM	124830100
—	HILTON WORLDWIDE HLDGS INC	3,701,100	$96,562	7.3%	$22.89	—	COM	43300A104
IWM	ISHARES TR	712,500	$85,229	6.4%	—	—	Put	464287655
—	HERSHA HOSPITALITY TR	11,551,200	$81,205	6.1%	$5.94	—	SH BEN INT A	427825104
MAC	MACERICH CO	919,700	$76,712	5.8%	$61.22	—	COM	554382101
MTN	VAIL RESORTS INC	808,300	$73,660	5.6%	$71.20	+21.8%	COM	91879Q109
—	STARWOOD HOTELS&RESORTS WRLD	880,300	$71,366	5.4%	$68.43	—	COM	85590A401
DHI	D R HORTON INC	2,766,100	$69,955	5.3%	$19.44	+6.5%	COM	23331A109
LOW	LOWES COS INC	972,100	$66,880	5.1%	$36.02	+36.1%	COM	548661107
—	HUDSON PAC PPTYS INC	1,939,700	$58,307	4.4%	$22.00	—	COM	444097109
—	DDR CORP	2,796,700	$51,347	3.9%	$16.68	—	COM	23317H102
EXP	EAGLE MATERIALS INC	675,223	$51,337	3.9%	$70.69	+13.3%	COM	26969P108
FBIN	FORTUNE BRANDS HOME & SEC IN	1,100,300	$49,811	3.8%	$29.23	+7.0%	COM	34964C106
—	ISTAR FINL INC	3,518,400	$48,026	3.6%	$11.80	—	COM	45031U101
—	GENERAL GROWTH PPTYS INC NEW	1,472,500	$41,421	3.1%	$20.51	—	COM	370023103
—	HOWARD HUGHES CORP	292,900	$38,200	2.9%	$132.12	—	COM	44267D107
—	SPIRIT RLTY CAP INC NEW	2,725,000	$32,400	2.5%	$10.80	—	COM	84860W102
—	COLONY FINL INC	1,086,500	$25,880	2.0%	$22.13	—	COM	19624R106
M	MACYS INC	385,000	$25,314	1.9%	$58.74	+3.0%	COM	55616P104
RLJ	RLJ LODGING TR	686,654	$23,024	1.7%	$22.61	—	COM	74965L101
—	SBA COMMUNICATIONS CORP	198,550	$21,991	1.7%	$110.76	—	COM	78388J106
WY	WEYERHAEUSER CO	495,844	$17,796	1.3%	$18.85	+18.2%	COM	962166104
VNO	VORNADO RLTY TR	117,503	$13,831	1.0%	$99.96	—	SH BEN INT	929042109