CIK 1647781
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2017-Q2. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 55.51% | 10 |
| Equity Real Estate Investment Trusts (REITs) | 30.25% | 6 |
| Health Care Providers & Services | 8.72% | 1 |
| Construction & Engineering | 5.52% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BKD | Brookdale Senior Living Inc. | Health Care | 8.72% |
| 2 | FOREST CITY RLTY TR INC | Unclassified | 8.60% | |
| 3 | DUKE REALTY CORP | Unclassified | 7.99% | |
| 4 | AMH | American Homes 4 Rent | Real Estate | 7.47% |
| 5 | HUDSON PAC PPTYS INC | Unclassified | 6.66% | |
| 6 | DCT INDUSTRIAL TRUST INC | Unclassified | 6.49% | |
| 7 | SUI | SUN COMMUNITIES INC | Real Estate | 6.43% |
| 8 | DDR CORP | Unclassified | 6.36% | |
| 9 | KRC | KILROY REALTY CORP | Real Estate | 5.63% |
| 10 | GEO | GEO GROUP INC | Industrials | 5.52% |
8/18 names classified · sector 44.5% of weight · industry 44.5% · mkt cap 44.5%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 44.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 34% of book weight classified — the grid is NOT representative of the whole book.
Classified: 33.6% of book weight (6/9 names) · unclassified 66.4%: , BKD, STAG. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | BKDBROOKDALE SR LIVING INC | 809,476 | $9M | 8.7% | ADD 52% |
| 2 | FOREST CITY RLTY TR INC | 331,549 | $8M | 8.6% | TRIM −34% |
| 3 | DUKE REALTY CORP | 272,779 | $8M | 8.0% | NEW |
| 4 | AMHAMERICAN HOMES 4 RENT | 338,462 | $7M | 7.5% | NEW |
| 5 | HUDSON PAC PPTYS INC | 195,328 | $7M | 6.7% | NEW |
| 6 | DCT INDUSTRIAL TRUST INC | 110,314 | $6M | 6.5% | NEW |
| 7 | SUISUN CMNTYS INC | 73,894 | $6M | 6.4% | TRIM −57% |
| 8 | DDR CORP | 683,363 | $6M | 6.4% | NEW |
| 9 | KRCKILROY RLTY CORP | 77,896 | $6M | 5.6% | TRIM −20% |
| 10 | GEOGEO GROUP INC NEW | 201,795 | $5M | 5.5% | NEW |
| 11 | HEALTHCARE TR AMER INC | 170,480 | $5M | 5.2% | NEW |
| 12 | EQIXEQUINIX INC | 10,120 | $5M | 4.6% | TRIM −51% |
| 13 | GGP INC | 204,462 | $4M | 4.3% | TRIM −35% |
| 14 | APARTMENT INVT & MGMT CO | 89,056 | $4M | 4.0% | TRIM −61% |
| 15 | CUBECUBESMART | 149,000 | $4M | 3.9% | NEW |
| 16 | ISTAR INC | 314,830 | $4M | 3.8% | TRIM −54% |
| 17 | STAGSTAG INDL INC | 78,818 | $2M | 2.2% | TRIM −82% |
| 18 | RAMCO-GERSHENSON PPTYS TR | 166,336 | $2M | 2.2% | TRIM −53% |
Where this firm's principals came from and which firms its alumni went on to found.
