Wesley Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackstone Mortgage Trust
BXMT
|
+$4.69M |
| 2 |
CCG
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
|
+$935K |
| 3 |
SBY
Silver Bay Realty Trust Corp.
SBY
|
+$797K |
| 4 |
MIC
Macquarie Infrastructure Holdings, LLC
MIC
|
+$755K |
| 5 |
AEC
ASSOCIATED ESTATES REALTY CORP
AEC
|
+$747K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWO
Two Harbors Investment
TWO
|
+$17M |
| 2 |
Starwood Property Trust
STWD
|
+$15.2M |
| 3 |
MFA
MFA Financial
MFA
|
+$9.97M |
| 4 |
ARI
Apollo Commercial Real Estate
ARI
|
+$4.88M |
| 5 |
CIM
Chimera Investment
CIM
|
+$3.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 76.24% |
| 2 | Energy | 0.99% |
| 3 | Communication Services | 0.77% |
| 4 | Consumer Discretionary | 0.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Equity Lifestyle Properties
ELS
$12.6B
| – | – |
-30,000
| Closed | -$543K |
|
27
Howard Hughes
HHH
$3.81B
| – | – |
-7,343
| Closed | -$841K |
|
28
iShares US Real Estate ETF
IYR
$4.66B
| – | – |
-10,000
| Closed | -$631K |
|
29
LGI Homes
LGIH
$1.27B
| – | – |
-13,142
| Closed | -$234K |
|
|
TCO
30
CALL
DELISTED
Taubman Centers Inc.
TCO
| – | – |
-26,600
| Closed | -$1.7M |
|
|
GPT
31
DELISTED
Gramercy Property Trust
GPT
| – | – |
-12,500
| Closed | -$216K |
|
|
PPS
32
DELISTED
Post Properties
PPS
| – | – |
-22,500
| Closed | -$1.02M |
|
|
HLSS
33
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| – | – |
-15,000
| Closed | -$345K |
|
|
COLE
34
DELISTED
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
| – | – |
-30,000
| Closed | -$421K |
|
|
MTGE
35
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| – | – |
-25,000
| Closed | -$437K |
|
Similar funds
Wesley Capital Management's Q1 2014 Portfolio in Review
As of Q1 2014, Wesley Capital Management held 35 positions worth $79.9M, down 37% from $127M the previous quarter. Its ten largest holdings account for 89% of the portfolio.
Wesley Capital Management withdrew a net $55.8M in Q1 2014, closing 15 positions and reducing 9 holdings. Its most notable exit was Apollo Commercial Real Estate, an estimated $4.88M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 76% of assets, down from 84% a quarter earlier, followed by Energy and Communication Services.
Against the trend, Wesley Capital Management opened a new position in CAMPUS CREST COMMUNITIES INC COM STK (MD) worth $911K.
- Wesley Capital Management's largest Q1 2014 buy was CAMPUS CREST COMMUNITIES INC COM STK (MD): 105,000 shares worth $911K.
- Wesley Capital Management added most to Blackstone Mortgage Trust in Q1 2014, an estimated $4.69M increase.
- Wesley Capital Management's biggest Q1 2014 reduction was Two Harbors Investment, cutting an estimated $17M.
- Wesley Capital Management fully exited Apollo Commercial Real Estate in Q1 2014, selling an estimated $4.88M.
- Wesley Capital Management's ten largest holdings make up 89% of its $79.9M portfolio in Q1 2014.
- Wesley Capital Management opened 6 new positions and closed 15 in Q1 2014.
- Wesley Capital Management's portfolio value fell 37% quarter-over-quarter to $79.9M.
Based on Wesley Capital Management's 13F filing for Q1 2014, filed 9 May 2014.