We are live on
!
Find out more
HCM
HGI Capital Management Portfolio holdings
AUM
$36.4M
1-Year Est. Return
4.49%
This Fund
S&P 500
This Quarter
Est. Return
+5.28%
1 Year Est. Return
-4.49%
3 Year Est. Return
+47.03%
5 Year Est. Return
+59.56%
10 Year Est. Return
+131.02%
AUM
$220M
AUM Growth
+$29.9M
(+16%)
Cap. Flow
+$20.9M
Cap. Flow
% of AUM
9.49%
Top 10 Holdings %
Top 10 Hldgs %
41.95%
Holding
82
New
24
Increased
18
Reduced
12
Closed
15
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CubeSmart
CUBE
|
+$4.16M |
| 2 |
ACC
American Campus Communities, Inc.
ACC
|
+$3.86M |
| 3 |
EPR Properties
EPR
|
+$3.8M |
| 4 |
Ventas
VTR
|
+$3.72M |
| 5 |
Norwegian Cruise Line
NCLH
|
+$3.46M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Empire State Realty Trust
ESRT
|
+$7.28M |
| 2 |
Marriott International
MAR
|
+$6.31M |
| 3 |
AvalonBay Communities
AVB
|
+$4.76M |
| 4 |
STOR
STORE Capital Corporation
STOR
|
+$3.37M |
| 5 |
Mid-America Apartment Communities
MAA
|
+$2.98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 53.29% |
| 2 | Consumer Discretionary | 10.33% |
| 3 | Financials | 7.68% |
| 4 | Communication Services | 2.23% |
| 5 | Technology | 0.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $22M | 9.98% |
75,000
+37,200
| +98% | +$10.7M |
|
2
PUT
iShares US Real Estate ETF
IYR
$4.49B
| $12.7M | 5.75% |
145,000
| – | – |
|
|
ACC
3
DELISTED
American Campus Communities, Inc.
ACC
| $9.57M | 4.35% |
207,417
+82,161
| +66% | +$3.86M |
|
4
Camden Property Trust
CPT
$11.2B
| $9.21M | 4.19% |
88,274
+32,480
| +58% | +$3.33M |
|
|
5
Norwegian Cruise Line
NCLH
$8.59B
| $7.39M | 3.36% |
137,867
+62,189
| +82% | +$3.46M |
|
6
Wyndham Hotels & Resorts
WH
$5.5B
| $6.81M | 3.09% |
122,104
-13,349
| -10% | -$730K |
|
|
DRE
7
DELISTED
Duke Realty Corp.
DRE
| $6.57M | 2.99% |
207,963
+43,816
| +27% | +$1.35M |
|
8
Kilroy Realty
KRC
$4.46B
| $6.27M | 2.85% |
84,978
-1,557
| -2% | -$118K |
|
9
Invitation Homes
INVH
$17.5B
| $6.06M | 2.75% |
226,659
+20,896
| +10% | +$532K |
|
10
Innovative Industrial Properties
IIPR
$1.78B
| $5.81M | 2.64% |
47,025
-20,367
| -30% | -$1.87M |
|
11
Bank of America
BAC
$430B
| $5.8M | 2.64% |
200,003
+60,631
| +44% | +$1.75M |
|
12
Public Storage
PSA
$58.8B
| $5.77M | 2.62% |
24,212
-10,880
| -31% | -$2.5M |
|
13
JPMorgan Chase
JPM
$930B
| $5.71M | 2.59% |
51,043
+10,004
| +24% | +$1.1M |
|
|
BRG
14
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $5.37M | 2.44% |
456,562
+98,821
| +28% | +$1.12M |
|
15
American Homes 4 Rent
AMH
$11.9B
| $5.28M | 2.4% |
217,129
-31,933
| -13% | -$766K |
|
|
16
AvalonBay Communities
AVB
$27.3B
| $5M | 2.27% |
24,615
-23,468
| -49% | -$4.76M |
|
17
W.P. Carey
WPC
$16.7B
| $4.46M | 2.03% |
56,157
+13,214
| +31% | +$1.05M |
|
|
LPT
18
DELISTED
Liberty Property Trust
LPT
| $4.28M | 1.94% |
85,426
-19,805
| -19% | -$970K |
|
|
19
CubeSmart
CUBE
$9.29B
| $4.24M | 1.92% |
+126,687
| New | +$4.16M |
|
|
HPP
20
Hudson Pacific Properties
HPP
$807M
| $4.15M | 1.88% |
17,813
+4,192
| +31% | +$1.01M |
|
|
WRI
21
DELISTED
Weingarten Realty Investors
WRI
| $4.13M | 1.88% |
150,645
+81,476
| +118% | +$2.35M |
|
|
22
Ventas
VTR
$47.6B
| $3.99M | 1.81% |
+58,351
| New | +$3.72M |
|
|
VRE
23
DELISTED
Veris Residential
VRE
| $3.96M | 1.8% |
169,952
-2,873
| -2% | -$65.9K |
|
|
24
EPR Properties
EPR
$4.74B
| $3.63M | 1.65% |
+48,698
| New | +$3.8M |
|
|
25
PUT
Innovative Industrial Properties
IIPR
$1.78B
| $3.61M | 1.64% |
+29,200
| New | +$2.68M |
|
Similar funds
PI
OC
AM
AECF
BCA
VM
CC
TCM
HGI Capital Management's Q2 2019 Portfolio in Review
As of Q2 2019, HGI Capital Management held 82 positions worth $220M, up 16% from $190M the previous quarter. Its ten largest holdings account for 42% of the portfolio.
HGI Capital Management deployed $20.9M of net new capital in Q2 2019, opening 24 new positions and adding to 18 existing holdings. Its largest new stake was CubeSmart: 126,687 shares worth $4.24M.
By sector, the portfolio is most concentrated in Real Estate at 53% of assets, up from 51% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was AvalonBay Communities, an estimated $4.76M trimmed.
- HGI Capital Management's largest Q2 2019 buy was CubeSmart: 126,687 shares worth $4.24M.
- HGI Capital Management added most to American Campus Communities, Inc. in Q2 2019, an estimated $3.86M increase.
- HGI Capital Management's biggest Q2 2019 reduction was AvalonBay Communities, cutting an estimated $4.76M.
- HGI Capital Management fully exited Empire State Realty Trust in Q2 2019, selling an estimated $7.28M.
- HGI Capital Management's ten largest holdings make up 42% of its $220M portfolio in Q2 2019.
- HGI Capital Management opened 24 new positions and closed 15 in Q2 2019.
- HGI Capital Management's portfolio value rose 16% quarter-over-quarter to $220M.
Based on HGI Capital Management's 13F filing for Q2 2019, filed 26 Jul 2019.