HGI Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invitation Homes
INVH
|
+$4.38M |
| 2 |
PGRE
Paramount Group
PGRE
|
+$3.3M |
| 3 |
VRE
Veris Residential
VRE
|
+$2.83M |
| 4 |
MORE
Monogram Residential Trust, Inc.
MORE
|
+$2.28M |
| 5 |
HPP
Hudson Pacific Properties
HPP
|
+$2.23M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EQC
Equity Commonwealth
EQC
|
+$5.43M |
| 2 |
Mohawk Industries
MHK
|
+$3.23M |
| 3 |
Vornado Realty Trust
VNO
|
+$3.16M |
| 4 |
Equity Residential
EQR
|
+$3M |
| 5 |
Lennar Class A
LEN
|
+$2.45M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 83.59% |
| 2 | Consumer Discretionary | 16.41% |
| 3 | Financials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Mohawk Industries
MHK
$9.19B
| – | – |
-16,179
| Closed | -$3.23M |
|
27
UDR
UDR
$12.4B
| – | – |
-63,446
| Closed | -$2.31M |
|
|
EQC
28
DELISTED
Equity Commonwealth
EQC
| – | – |
-179,521
| Closed | -$5.43M |
|
|
SBY
29
DELISTED
Silver Bay Realty Trust Corp.
SBY
| – | – |
-92,141
| Closed | -$1.58M |
|
|
PEI
30
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| – | – |
-5,367
| Closed | -$1.53M |
|
Similar funds
HGI Capital Management's Q1 2017 Portfolio in Review
As of Q1 2017, HGI Capital Management held 30 positions worth $67.9M, down 5.8% from $72.1M the previous quarter. Its ten largest holdings account for 65% of the portfolio.
HGI Capital Management withdrew a net $5.27M in Q1 2017, closing 8 positions and reducing 8 holdings. Its most notable exit was Equity Commonwealth, an estimated $5.43M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 84% of assets, up from 71% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, HGI Capital Management opened a new position in Invitation Homes worth $4.48M.
- HGI Capital Management's largest Q1 2017 buy was Invitation Homes: 205,044 shares worth $4.48M.
- HGI Capital Management added most to Hudson Pacific Properties in Q1 2017, an estimated $2.23M increase.
- HGI Capital Management's biggest Q1 2017 reduction was Vornado Realty Trust, cutting an estimated $3.16M.
- HGI Capital Management fully exited Equity Commonwealth in Q1 2017, selling an estimated $5.43M.
- HGI Capital Management's ten largest holdings make up 65% of its $67.9M portfolio in Q1 2017.
- HGI Capital Management opened 9 new positions and closed 8 in Q1 2017.
- HGI Capital Management's portfolio value fell 5.8% quarter-over-quarter to $67.9M.
Based on HGI Capital Management's 13F filing for Q1 2017, filed 10 May 2017.