Long Pond Capital, LP Quant / Systematic

Location: New York, NY

CIK: 0001499066 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value: $3.836B (100.0% shares, 0.0% debt)

Holdings (39)

DHI D R HORTON INC 14.6%

Value $561M Shares 13,303,230 Est. Cost $33.60 Unrealized +18.8%

HLT HILTON WORLDWIDE HLDGS INC 10.8%

Value $413M Shares 5,109,756 Est. Cost $77.68 Unrealized -0.9%

— CAESARS ENTMT CORP 6.5%

Value $248M Shares 24,147,681 Est. Cost $11.60 Unrealized —

LEN LENNAR CORP 5.8%

Value $224M Shares 4,794,176 Est. Cost $50.42 Unrealized -8.3%

VNO VORNADO RLTY TR 5.5%

Value $212M Shares 2,898,192 Est. Cost $70.15 Unrealized —

SPY SPDR S&P 500 ETF TR 4.9%

Value $189M Shares 650,000 Est. Cost — Unrealized —

— APARTMENT INVT & MGMT CO 4.7%

Value $181M Shares 4,091,171 Est. Cost $42.85 Unrealized —

WH WYNDHAM HOTELS & RESORTS INC 4.3%

Value $166M Shares 2,989,252 Est. Cost $58.91 Unrealized -2.9%

— PARAMOUNT GROUP INC 3.8%

Value $146M Shares 9,704,767 Est. Cost $16.88 Unrealized —

AMH AMERICAN HOMES 4 RENT 3.3%

Value $128M Shares 5,825,425 Est. Cost $20.08 Unrealized —

TMHC TAYLOR MORRISON HOME CORP 2.6%

Value $99.35M Shares 5,506,993 Est. Cost $21.18 Unrealized -6.2%

MGM MGM RESORTS INTERNATIONAL 2.5%

Value $94.12M Shares 3,372,216 Est. Cost $28.01 Unrealized 0.0%

MHK MOHAWK INDS INC 2.3%

Value $87.67M Shares 500,000 Est. Cost $218.93 Unrealized -10.4%

REXR REXFORD INDL RLTY INC 2.2%

Value $85.19M Shares 2,665,467 Est. Cost $31.43 Unrealized —

— LASALLE HOTEL PPTYS 2.2%

Value $83.39M Shares 2,410,871 Est. Cost $28.13 Unrealized —

JBGS JBG SMITH PPTYS 2.1%

Value $81.38M Shares 2,209,533 Est. Cost $34.65 Unrealized —

HGV HILTON GRAND VACATIONS INC 2.1%

Value $81.27M Shares 2,455,169 Est. Cost $33.32 Unrealized 0.0%

FOR FORESTAR GROUP INC 2.0%

Value $76.69M Shares 3,617,373 Est. Cost $19.65 Unrealized +20.3%

DHI D R HORTON INC 1.7%

Value $64.03M Shares 1,518,100 Est. Cost $33.60 Unrealized +18.8%

— COLUMBIA PPTY TR INC 1.5%

Value $55.68M Shares 2,355,224 Est. Cost $22.71 Unrealized —

MHK MOHAWK INDS INC 1.3%

Value $51.18M Shares 291,871 Est. Cost $218.93 Unrealized -10.4%

DIA SPDR DOW JONES INDL AVRG ETF 1.3%

Value $48.8M Shares 184,550 Est. Cost $242.73 Unrealized —

EPRT ESSENTIAL PPTYS RLTY TR INC 1.1%

Value $42.57M Shares 3,000,000 Est. Cost $13.54 Unrealized —

ESRT EMPIRE ST RLTY TR INC 1.0%

Value $39.77M Shares 2,394,333 Est. Cost $17.10 Unrealized —

VMC VULCAN MATLS CO 1.0%

Value $39.25M Shares 353,001 Est. Cost $108.68 Unrealized 0.0%

FPH FIVE POINT HOLDINGS LLC 1.0%

Value $38.08M Shares 4,046,380 Est. Cost $12.98 Unrealized -15.3%

— HUDSON PAC PPTYS INC 1.0%

Value $37.25M Shares 1,138,340 Est. Cost $32.72 Unrealized —

CCS CENTURY CMNTYS INC 0.9%

Value $34.59M Shares 1,317,769 Est. Cost $28.05 Unrealized 0.0%

— BELMOND LTD 0.9%

Value $32.64M Shares 1,788,467 Est. Cost $16.67 Unrealized —

MTH MERITAGE HOMES CORP 0.7%

Value $28.05M Shares 702,963 Est. Cost $21.80 Unrealized 0.0%

PEB PEBBLEBROOK HOTEL TR 0.7%

Value $27.82M Shares 765,000 Est. Cost $38.80 Unrealized —

AVB AVALONBAY CMNTYS INC 0.7%

Value $26.92M Shares 148,609 Est. Cost $127.88 Unrealized +8.2%

H HYATT HOTELS CORP 0.7%

Value $26.53M Shares 333,347 Est. Cost $52.08 Unrealized +46.6%

— TAUBMAN CTRS INC 0.7%

Value $25.79M Shares 431,094 Est. Cost $68.41 Unrealized —

— LYON WILLIAM HOMES 0.5%

Value $21.06M Shares 1,325,187 Est. Cost $15.89 Unrealized —

MAC MACERICH CO 0.5%

Value $20.74M Shares 375,100 Est. Cost $56.19 Unrealized —

— PENNYMAC FINL SVCS INC 0.3%

Value $13.06M Shares 625,000 Est. Cost $19.65 Unrealized —

— PLAYA HOTELS & RESORTS NV 0.1%

Value $4.343M Shares 451,029 Est. Cost $9.63 Unrealized —

LEN/B LENNAR CORP 0.1%

Value $2.859M Shares 74,258 Est. Cost $36.45 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DHI	D R HORTON INC	13,303,230	$561M	14.6%	$33.60	+18.8%	COM	23331A109
HLT	HILTON WORLDWIDE HLDGS INC	5,109,756	$413M	10.8%	$77.68	-0.9%	COM	43300A203
—	CAESARS ENTMT CORP	24,147,681	$248M	6.5%	$11.60	—	COM	127686103
LEN	LENNAR CORP	4,794,176	$224M	5.8%	$50.42	-8.3%	CL A	526057104
VNO	VORNADO RLTY TR	2,898,192	$212M	5.5%	$70.15	—	SH BEN INT	929042109
SPY	SPDR S&P 500 ETF TR	650,000	$189M	4.9%	—	—	Put	78462F103
—	APARTMENT INVT & MGMT CO	4,091,171	$181M	4.7%	$42.85	—	CL A	03748R101
WH	WYNDHAM HOTELS & RESORTS INC	2,989,252	$166M	4.3%	$58.91	-2.9%	COM	98311A105
—	PARAMOUNT GROUP INC	9,704,767	$146M	3.8%	$16.88	—	COM	69924R108
AMH	AMERICAN HOMES 4 RENT	5,825,425	$128M	3.3%	$20.08	—	CL A	02665T306
TMHC	TAYLOR MORRISON HOME CORP	5,506,993	$99.35M	2.6%	$21.18	-6.2%	CL A	87724P106
MGM	MGM RESORTS INTERNATIONAL	3,372,216	$94.12M	2.5%	$28.01	0.0%	COM	552953101
MHK	MOHAWK INDS INC	500,000	$87.67M	2.3%	$218.93	-10.4%	Call	608190104
REXR	REXFORD INDL RLTY INC	2,665,467	$85.19M	2.2%	$31.43	—	COM	76169C100
—	LASALLE HOTEL PPTYS	2,410,871	$83.39M	2.2%	$28.13	—	COM SH BEN INT	517942108
JBGS	JBG SMITH PPTYS	2,209,533	$81.38M	2.1%	$34.65	—	COM	46590V100
HGV	HILTON GRAND VACATIONS INC	2,455,169	$81.27M	2.1%	$33.32	0.0%	COM	43283X105
FOR	FORESTAR GROUP INC	3,617,373	$76.69M	2.0%	$19.65	+20.3%	COM	346232101
DHI	D R HORTON INC	1,518,100	$64.03M	1.7%	$33.60	+18.8%	Call	23331A109
—	COLUMBIA PPTY TR INC	2,355,224	$55.68M	1.5%	$22.71	—	COM NEW	198287203
MHK	MOHAWK INDS INC	291,871	$51.18M	1.3%	$218.93	-10.4%	COM	608190104
DIA	SPDR DOW JONES INDL AVRG ETF	184,550	$48.8M	1.3%	$242.73	—	UT SER 1	78467X109
EPRT	ESSENTIAL PPTYS RLTY TR INC	3,000,000	$42.57M	1.1%	$13.54	—	COM	29670E107
ESRT	EMPIRE ST RLTY TR INC	2,394,333	$39.77M	1.0%	$17.10	—	CL A	292104106
VMC	VULCAN MATLS CO	353,001	$39.25M	1.0%	$108.68	0.0%	COM	929160109
FPH	FIVE POINT HOLDINGS LLC	4,046,380	$38.08M	1.0%	$12.98	-15.3%	COM CL A	33833Q106
—	HUDSON PAC PPTYS INC	1,138,340	$37.25M	1.0%	$32.72	—	COM	444097109
CCS	CENTURY CMNTYS INC	1,317,769	$34.59M	0.9%	$28.05	0.0%	COM	156504300
—	BELMOND LTD	1,788,467	$32.64M	0.9%	$16.67	—	CL A	G1154H107
MTH	MERITAGE HOMES CORP	702,963	$28.05M	0.7%	$21.80	0.0%	COM	59001A102
PEB	PEBBLEBROOK HOTEL TR	765,000	$27.82M	0.7%	$38.80	—	COM	70509V100
AVB	AVALONBAY CMNTYS INC	148,609	$26.92M	0.7%	$127.88	+8.2%	COM	053484101
H	HYATT HOTELS CORP	333,347	$26.53M	0.7%	$52.08	+46.6%	COM CL A	448579102
—	TAUBMAN CTRS INC	431,094	$25.79M	0.7%	$68.41	—	COM	876664103
—	LYON WILLIAM HOMES	1,325,187	$21.06M	0.5%	$15.89	—	CL A NEW	552074700
MAC	MACERICH CO	375,100	$20.74M	0.5%	$56.19	—	COM	554382101
—	PENNYMAC FINL SVCS INC	625,000	$13.06M	0.3%	$19.65	—	CL A	70932B101
—	PLAYA HOTELS & RESORTS NV	451,029	$4.343M	0.1%	$9.63	—	SHS	N70544106
LEN/B	LENNAR CORP	74,258	$2.859M	0.1%	$36.45	0.0%	CL B	526057302