We are live on ! Find out more
LPC

Long Pond Capital Portfolio holdings

AUM $1.05B
1-Year Est. Return 16.49%
This Fund
S&P 500
This Quarter Est. Return
-1.28%
1 Year Est. Return
-16.49%
3 Year Est. Return
-22.94%
5 Year Est. Return
-43.76%
10 Year Est. Return
-51.53%
AUM
$3.84B
AUM Growth
-$699M
Cap. Flow
-$680M
Cap. Flow %
-17.72%
Top 10 Hldgs %
64.29%
Holding
51
New
10
Increased
8
Reduced
15
Closed
12

Top Buys

Rank Stock Value
1
HLT icon
Hilton Worldwide
HLT
+$281M
2
MGM icon
MGM Resorts International
MGM
+$97.8M
3
WH icon
Wyndham Hotels & Resorts
WH
+$94.2M
4
HGV icon
Hilton Grand Vacations
HGV
+$81.8M
5
TMHC
Taylor Morrison
TMHC
+$49.8M

Top Sells

Rank Stock Value
1
AVB icon
AvalonBay Communities
AVB
+$110M
2
AMH icon
American Homes 4 Rent
AMH
+$108M
3
MHK icon
Mohawk Industries
MHK
+$87.8M
4
QCP
Quality Care Properties, Inc.
QCP
+$80.5M
5
AIV
Aimco
AIV
+$78.9M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 52.66%
2 Real Estate 34.31%
3 Materials 1.02%
4 Financials 0.34%
5 Technology 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DHI icon
1
D.R. Horton
DHI
$40B
$561M 14.63%
13,303,230
+147,392
+1% +$6.38M
HLT icon
2
Hilton Worldwide
HLT
$72.3B
$413M 10.76%
5,109,756
+3,565,196
+231% +$281M
CZR
3
DELISTED
Caesars Entertainment Corporation
CZR
$248M 6.45%
24,147,681
+697,465
+3% +$7.34M
LEN icon
4
Lennar Class A
LEN
$19.8B
$224M 5.83%
4,952,384
-419,216
-8% -$21.1M
VNO icon
5
Vornado Realty Trust
VNO
$7.41B
$212M 5.51%
2,898,192
-665,564
-19% -$49.3M
SPY icon
6
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$791B
$189M 4.93%
650,000
-250,000
-28% -$71.2M
AIV
7
Aimco
AIV
$390M
$181M 4.71%
30,711,620
-13,710,224
-31% -$78.9M
WH icon
8
Wyndham Hotels & Resorts
WH
$5.57B
$166M 4.33%
2,989,252
+1,646,951
+123% +$94.2M
PGRE
9
DELISTED
Paramount Group
PGRE
$146M 3.82%
9,704,767
-4,557,980
-32% -$70.7M
AMH icon
10
American Homes 4 Rent
AMH
$12B
$128M 3.32%
5,825,425
-4,784,779
-45% -$108M
TMHC
11
DELISTED
Taylor Morrison
TMHC
$99.3M 2.59%
5,506,993
+2,503,982
+83% +$49.8M
MGM icon
12
MGM Resorts International
MGM
$11.4B
$94.1M 2.45%
+3,372,216
New +$97.8M
MHK icon
13
CALL
Mohawk Industries
MHK
$7.5B
$87.7M 2.29%
+500,000
New +$98.1M
REXR icon
14
Rexford Industrial Realty
REXR
$8.46B
$85.2M 2.22%
2,665,467
+179,367
+7% +$5.63M
LHO
15
DELISTED
LaSalle Hotel Properties
LHO
$83.4M 2.17%
2,410,871
– –
JBGS
16
JBG SMITH
JBGS
$820M
$81.4M 2.12%
2,209,533
-200,879
-8% -$7.39M
HGV icon
17
Hilton Grand Vacations
HGV
$3.65B
$81.3M 2.12%
+2,455,169
New +$81.8M
FOR icon
18
Forestar Group
FOR
$1.44B
$76.7M 2%
3,617,373
– –
DHI icon
19
CALL
D.R. Horton
DHI
$40B
$64M 1.67%
1,518,100
-9,035,600
-86% -$391M
CXP
20
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
$55.7M 1.45%
2,355,224
-162,934
-6% -$3.79M
MHK icon
21
Mohawk Industries
MHK
$7.5B
$51.2M 1.33%
291,871
-447,436
-61% -$87.8M
DIA icon
22
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
$48.8M 1.27%
184,550
-177,850
-49% -$45.5M
EPRT icon
23
Essential Properties Realty Trust
EPRT
$6.78B
$42.6M 1.11%
3,000,000
– –
ESRT icon
24
Empire State Realty Trust
ESRT
$872M
$39.8M 1.04%
2,394,333
– –
VMC icon
25
Vulcan Materials
VMC
$34.9B
$39.3M 1.02%
+353,001
New +$40.9M
1
2 3

Similar funds

WP
Waycross Partners Louisville, Kentucky $1.05B AUM 20.92% 1-Year Est. Return
AA
Apriem Advisors Irvine, California $1.05B AUM 22.09% 1-Year Est. Return
HWCM
Hudson Way Capital Management Dallas, Texas $1.05B AUM 6.84% 1-Year Est. Return
CIA
CCM Investment Advisers Columbia, South Carolina $1.04B AUM 40.82% 1-Year Est. Return
CIA
Compass Ion Advisors Conshohocken, Pennsylvania $1.05B AUM 16.28% 1-Year Est. Return
SPC
Spirepoint Private Client Vero Beach, Florida $1.05B AUM 22.43% 1-Year Est. Return
LAM
L2 Asset Management Wayland, Massachusetts $1.05B AUM 29.07% 1-Year Est. Return
CA
Continuum Advisory Eagle, Idaho $1.04B AUM 21.13% 1-Year Est. Return

Long Pond Capital's Q3 2018 Portfolio in Review

As of Q3 2018, Long Pond Capital held 51 positions worth $3.84B, down 15% from $4.54B the previous quarter. Its ten largest holdings account for 64% of the portfolio.

Long Pond Capital withdrew a net $680M in Q3 2018, closing 12 positions and reducing 15 holdings. Its most notable exit was Quality Care Properties, Inc., an estimated $80.5M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 53% of assets, up from 36% a quarter earlier, followed by Real Estate and Materials.

Against the trend, Long Pond Capital opened a new position in MGM Resorts International worth $94.1M.

  • Long Pond Capital's largest Q3 2018 buy was MGM Resorts International: 3,372,216 shares worth $94.1M.
  • Long Pond Capital added most to Hilton Worldwide in Q3 2018, an estimated $281M increase.
  • Long Pond Capital's biggest Q3 2018 reduction was AvalonBay Communities, cutting an estimated $110M.
  • Long Pond Capital fully exited Quality Care Properties, Inc. in Q3 2018, selling an estimated $80.5M.
  • Long Pond Capital's ten largest holdings make up 64% of its $3.84B portfolio in Q3 2018.
  • Long Pond Capital opened 10 new positions and closed 12 in Q3 2018.
  • Long Pond Capital's portfolio value fell 15% quarter-over-quarter to $3.84B.

Based on Long Pond Capital's 13F filing for Q3 2018, filed 14 Nov 2018.