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
+4.47%
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
$350M
AUM Growth
+$36.6M
(+12%)
Cap. Flow
+$31.9M
Cap. Flow
% of AUM
9.12%
Top 10 Holdings %
Top 10 Hldgs %
52.11%
Holding
48
New
13
Increased
10
Reduced
8
Closed
17
Avg Time Held
2
quarters
Top 10 Avg Time Held
0.5
quarters
Top 20 Avg Time Held
0.9
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sun Communities
SUI
|
+$24M |
| 2 |
VICI Properties
VICI
|
+$19M |
| 3 |
Rexford Industrial Realty
REXR
|
+$14.1M |
| 4 |
Kilroy Realty
KRC
|
+$13.9M |
| 5 |
Independence Realty Trust
IRT
|
+$12.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gaming and Leisure Properties
GLPI
|
+$14.6M |
| 2 |
Public Storage
PSA
|
+$13.5M |
| 3 |
Invitation Homes
INVH
|
+$11.4M |
| 4 |
Healthcare Realty
HR
|
+$11.4M |
| 5 |
Wyndham Hotels & Resorts
WH
|
+$9.77M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 97.27% |
| 2 | Miscellaneous | 2.02% |
| 3 | Communication Services | 0.71% |
| 4 | Consumer Discretionary | 0% |
| 5 | Healthcare | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Sun Communities
SUI
$13.8B
| $25.2M | 7.19% |
+175,970
| New | +$24M |
2022 Q4
0 quarters
|
|
2
Healthpeak Properties
DOC
$12.9B
| $22.6M | 6.46% |
902,763
+351,696
| +64% | +$8.55M |
2022 Q2
2 quarters
|
|
3
Kimco Realty
KIM
$14.9B
| $19.6M | 5.59% |
923,823
-87,541
| -9% | -$1.84M |
2022 Q2
2 quarters
|
|
|
4
VICI Properties
VICI
$25.2B
| $19.1M | 5.47% |
+590,913
| New | +$19M |
2022 Q4
0 quarters
|
|
5
Digital Realty Trust
DLR
$66B
| $19.1M | 5.44% |
190,047
+72,322
| +61% | +$7.38M |
2022 Q3
1 quarter
|
|
6
Regency Centers
REG
$13.2B
| $17.5M | 5% |
280,000
+49,592
| +22% | +$3.05M |
2022 Q2
2 quarters
|
|
|
LSI
7
DELISTED
Life Storage, Inc.
LSI
| $15.6M | 4.45% |
158,090
+84,806
| +116% | +$8.88M |
2022 Q3
1 quarter
|
|
8
Boston Properties
BXP
$9.42B
| $15.4M | 4.41% |
228,328
+74,392
| +48% | +$5.27M |
2022 Q2
2 quarters
|
|
|
9
Rexford Industrial Realty
REXR
$8.22B
| $14.3M | 4.08% |
+261,573
| New | +$14.1M |
2022 Q4
0 quarters
|
|
10
Host Hotels & Resorts
HST
$15.6B
| $14.1M | 4.03% |
878,387
+360,024
| +69% | +$6.3M |
2020 Q4
8 quarters
|
|
11
Ventas
VTR
$42B
| $13.6M | 3.89% |
302,665
-144,299
| -32% | -$6.09M |
2020 Q3
9 quarters
|
|
|
12
Kilroy Realty
KRC
$3.97B
| $13.1M | 3.73% |
+337,956
| New | +$13.9M |
2022 Q4
0 quarters
|
|
|
13
Independence Realty Trust
IRT
$3.47B
| $12.8M | 3.66% |
+760,006
| New | +$12.9M |
2022 Q4
0 quarters
|
|
14
Welltower
WELL
$162B
| $12.5M | 3.58% |
+190,961
| New | +$12.3M |
2022 Q4
0 quarters
|
|
15
Vivmark Residential
VMRK
$47.2B
| $11.1M | 3.16% |
187,589
-66,376
| -26% | -$4.15M |
2022 Q3
1 quarter
|
|
16
Alexandria Real Estate Equities
ARE
$7.68B
| $10.6M | 3.03% |
72,734
-39,942
| -35% | -$5.78M |
2022 Q3
1 quarter
|
|
17
Kite Realty
KRG
$4.79B
| $10.6M | 3.03% |
+503,125
| New | +$10.3M |
2022 Q4
0 quarters
|
|
18
Agree Realty
ADC
$8.19B
| $10.6M | 3.02% |
149,247
+27,915
| +23% | +$1.92M |
2022 Q3
1 quarter
|
|
19
Essential Properties Realty Trust
EPRT
$5.49B
| $9.8M | 2.8% |
417,703
+202,308
| +94% | +$4.41M |
2022 Q1
3 quarters
|
|
20
NNN REIT
NNN
$7.72B
| $9.4M | 2.69% |
+205,437
| New | +$8.93M |
2022 Q4
0 quarters
|
|
21
Apple Hospitality REIT
APLE
$3.86B
| $9M | 2.57% |
+570,506
| New | +$9.2M |
2022 Q4
0 quarters
|
|
22
SL Green Realty
SLG
$3.41B
| $8.72M | 2.49% |
258,489
-82,584
| -24% | -$3.14M |
2020 Q3
9 quarters
|
|
23
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| $7.06M | 2.02% |
18,472
+6,264
| +51% | +$2.41M |
2022 Q3
1 quarter
|
|
|
24
Public Storage
PSA
$54.3B
| $6.96M | 1.99% |
24,858
-46,241
| -65% | -$13.5M |
2022 Q1
3 quarters
|
|
25
UDR
UDR
$10.9B
| $5.99M | 1.71% |
+154,741
| New | +$6.11M |
2022 Q4
0 quarters
|
|
Similar funds
PI
OC
AM
AECF
BCA
VM
CC
TCM
HGI Capital Management's Q4 2022 Portfolio in Review
As of Q4 2022, HGI Capital Management held 48 positions worth $350M, up 12% from $314M the previous quarter. Its ten largest holdings account for 52% of the portfolio.
HGI Capital Management deployed $31.9M of net new capital in Q4 2022, opening 13 new positions and adding to 10 existing holdings. Its largest new stake was Sun Communities: 175,970 shares worth $25.2M.
By sector, the portfolio is most concentrated in Real Estate at 97% of assets, up from 94% a quarter earlier, followed by Miscellaneous and Communication Services.
On the sell side, the largest reduction was Public Storage, an estimated $13.5M trimmed.
- HGI Capital Management's largest Q4 2022 buy was Sun Communities: 175,970 shares worth $25.2M.
- HGI Capital Management added most to Life Storage, Inc. in Q4 2022, an estimated $8.88M increase.
- HGI Capital Management's biggest Q4 2022 reduction was Public Storage, cutting an estimated $13.5M.
- HGI Capital Management fully exited Gaming and Leisure Properties in Q4 2022, selling an estimated $14.6M.
- HGI Capital Management's ten largest holdings make up 52% of its $350M portfolio in Q4 2022.
- HGI Capital Management opened 13 new positions and closed 17 in Q4 2022.
- HGI Capital Management's portfolio value rose 12% quarter-over-quarter to $350M.
Based on HGI Capital Management's 13F filing for Q4 2022, filed 14 Feb 2023.