Land & Buildings Investment Management, LLC Quant / Systematic

Name: Land & Buildings Investment Management, LLC Q1 2023 13F Filing | 13F Explorer
Creator: Land & Buildings Investment Management, LLC
Published: 2023-05-15

Location: Stamford, CT

CIK: 0001536520 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $432M (100.0% shares, 0.0% debt)

Holdings (23)

AIV APARTMENT INVT & MGMT CO 16.8%

Value $72.75M Shares 9,460,718 Share Price $7.69 Est. Cost/Share $6.63 Unrealized @ Report Date —

HST HOST HOTELS & RESORTS INC 10.0%

Value $43.43M Shares 2,633,896 Share Price $16.49 * Est. Cost/Share $14.52 Unrealized @ Report Date +0.2%

— SIX FLAGS ENTMT CORP NEW 8.7%

Value $37.44M Shares 1,401,741 Share Price $26.71 Est. Cost/Share $21.33 Unrealized @ Report Date —

— APARTMENT INCOME REIT CORP 8.4%

Value $36.35M Shares 1,015,107 Share Price $35.81 Est. Cost/Share $41.08 Unrealized @ Report Date —

REXR REXFORD INDL RLTY INC 6.2%

Value $26.74M Shares 448,337 Share Price $59.65 Est. Cost/Share $54.64 Unrealized @ Report Date —

ARE ALEXANDRIA REAL ESTATE EQ IN 6.1%

Value $26.56M Shares 211,473 Share Price $125.59 Est. Cost/Share $144.54 Unrealized @ Report Date -12.6%

VTR VENTAS INC 5.7%

Value $24.55M Shares 566,217 Share Price $43.35 Est. Cost/Share $43.38 Unrealized @ Report Date +0.5%

— LIFE STORAGE INC 5.4%

Value $23.44M Shares 178,780 Share Price $131.09 Est. Cost/Share $131.09 Unrealized @ Report Date —

AMH AMERICAN HOMES 4 RENT 4.6%

Value $19.97M Shares 635,090 Share Price $31.45 Est. Cost/Share $30.50 Unrealized @ Report Date —

SUI SUN CMNTYS INC 4.3%

Value $18.41M Shares 130,706 Share Price $140.88 Est. Cost/Share $170.60 Unrealized @ Report Date —

— RETAIL OPPORTUNITY INVTS COR 4.1%

Value $17.88M Shares 1,280,473 Share Price $13.96 Est. Cost/Share $16.41 Unrealized @ Report Date —

CZR CAESARS ENTERTAINMENT INC NE 3.2%

Value $13.64M Shares 279,510 Share Price $48.81 Est. Cost/Share $49.40 Unrealized @ Report Date -0.8%

PLD PROLOGIS INC. 2.5%

Value $10.64M Shares 85,286 Share Price $124.77 * Est. Cost/Share $111.93 Unrealized @ Report Date 0.0%

IJR ISHARES TR 2.5%

Value $10.63M Shares 109,900 Share Price $96.70 Est. Cost/Share $96.70 Unrealized @ Report Date —

IRT INDEPENDENCE RLTY TR INC 2.4%

Value $10.54M Shares 657,350 Share Price $16.03 Est. Cost/Share $16.03 Unrealized @ Report Date —

SMRT SMARTRENT INC 1.8%

Value $7.918M Shares 3,105,293 Share Price $2.55 * Est. Cost/Share $3.68 Unrealized @ Report Date -27.1%

PSA PUBLIC STORAGE 1.7%

Value $7.451M Shares 24,662 Share Price $302.14 * Est. Cost/Share $201.87 Unrealized @ Report Date +29.1%

SBAC SBA COMMUNICATIONS CORP NEW 1.4%

Value $6.159M Shares 23,593 Share Price $261.07 Est. Cost/Share $258.08 Unrealized @ Report Date +1.2%

BLV VANGUARD BD INDEX FDS 1.0%

Value $4.162M Shares 54,300 Share Price $76.64 Est. Cost/Share $76.64 Unrealized @ Report Date —

IEI ISHARES TR 0.9%

Value $3.8M Shares 32,300 Share Price $117.65 Est. Cost/Share $114.27 Unrealized @ Report Date —

DHI D R HORTON INC 0.9%

Value $3.792M Shares 38,820 Share Price $97.69 * Est. Cost/Share $69.69 Unrealized @ Report Date +33.1%

EDV VANGUARD WORLD FD 0.8%

Value $3.278M Shares 36,200 Share Price $90.54 Est. Cost/Share $86.91 Unrealized @ Report Date —

AGG ISHARES TR 0.7%

Value $2.929M Shares 29,400 Share Price $99.64 Est. Cost/Share $96.33 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AIV	APARTMENT INVT & MGMT CO	9,460,718	$72.75M	16.8%	$7.69	$6.63	—	CL A	03748R747
HST	HOST HOTELS & RESORTS INC	2,633,896	$43.43M	10.0%	$16.49 *	$14.52	+0.2%	COM	44107P104
—	SIX FLAGS ENTMT CORP NEW	1,401,741	$37.44M	8.7%	$26.71	$21.33	—	COM	83001A102
—	APARTMENT INCOME REIT CORP	1,015,107	$36.35M	8.4%	$35.81	$41.08	—	COM	03750L109
REXR	REXFORD INDL RLTY INC	448,337	$26.74M	6.2%	$59.65	$54.64	—	COM	76169C100
ARE	ALEXANDRIA REAL ESTATE EQ IN	211,473	$26.56M	6.1%	$125.59	$144.54	-12.6%	COM	015271109
VTR	VENTAS INC	566,217	$24.55M	5.7%	$43.35	$43.38	+0.5%	COM	92276F100
—	LIFE STORAGE INC	178,780	$23.44M	5.4%	$131.09	$131.09	—	COM	53223X107
AMH	AMERICAN HOMES 4 RENT	635,090	$19.97M	4.6%	$31.45	$30.50	—	CL A	02665T306
SUI	SUN CMNTYS INC	130,706	$18.41M	4.3%	$140.88	$170.60	—	COM	866674104
—	RETAIL OPPORTUNITY INVTS COR	1,280,473	$17.88M	4.1%	$13.96	$16.41	—	COM	76131N101
CZR	CAESARS ENTERTAINMENT INC NE	279,510	$13.64M	3.2%	$48.81	$49.40	-0.8%	COM	12769G100
PLD	PROLOGIS INC.	85,286	$10.64M	2.5%	$124.77 *	$111.93	0.0%	COM	74340W103
IJR	ISHARES TR	109,900	$10.63M	2.5%	$96.70	$96.70	—	CORE S&P SCP ETF	464287804
IRT	INDEPENDENCE RLTY TR INC	657,350	$10.54M	2.4%	$16.03	$16.03	—	COM	45378A106
SMRT	SMARTRENT INC	3,105,293	$7.918M	1.8%	$2.55 *	$3.68	-27.1%	COM CL A	83193G107
PSA	PUBLIC STORAGE	24,662	$7.451M	1.7%	$302.14 *	$201.87	+29.1%	COM	74460D109
SBAC	SBA COMMUNICATIONS CORP NEW	23,593	$6.159M	1.4%	$261.07	$258.08	+1.2%	CL A	78410G104
BLV	VANGUARD BD INDEX FDS	54,300	$4.162M	1.0%	$76.64	$76.64	—	LONG TERM BOND	921937793
IEI	ISHARES TR	32,300	$3.8M	0.9%	$117.65	$114.27	—	3 7 YR TREAS BD	464288661
DHI	D R HORTON INC	38,820	$3.792M	0.9%	$97.69 *	$69.69	+33.1%	COM	23331A109
EDV	VANGUARD WORLD FD	36,200	$3.278M	0.8%	$90.54	$86.91	—	EXTENDED DUR	921910709
AGG	ISHARES TR	29,400	$2.929M	0.7%	$99.64	$96.33	—	CORE US AGGBD ET	464287226