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Institutional Investment Manager
HGI CAPITAL MANAGEMENT, LLC
HGI CAPITAL MANAGEMENT, LLC (CIK: 0001595907). Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 23 holdings with a total value of $62,717,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 Colony Starwood Homes 186,172 4,608,000 7.35%
2 APARTMENT INVT & MGMT CO 106,639 4,460,000 7.11%
3 CAMDEN PROPERTY TRUS 46,386 3,901,000 6.22%
4 SELECT INCOME REIT 158,125 3,645,000 5.81%
5 SIMON PROPERTY GROUP 16,283 3,382,000 5.39%
6 CBRE GROUP INC 114,724 3,306,000 5.27%
7 SPIRIT RLTY CAP INC NEW 287,386 3,233,000 5.15%
8 HOME DEPOT INC 24,004 3,203,000 5.11%
9 HILTON WORLDWIDE HLDGS INC 139,940 3,151,000 5.02%
10 GENERAL GROWTH PPTYS INC NEW 105,541 3,138,000 5.00%
11 LOWES COS INC 40,931 3,101,000 4.94%
12 ALEX REAL ESTATE EQ 33,721 3,065,000 4.89%
13 VORNADO RLTY TR 29,243 2,761,000 4.40%
14 TAUBMAN CENTERS 34,564 2,462,000 3.93%
15 EMPIRE STATE 140,469 2,462,000 3.93%
16 BRANDYWINE RLTY TR SH BEN INT NEW 172,597 2,422,000 3.86%
17 POST PPTYS INC COM 36,547 2,183,000 3.48%
18 BOSTON PROPERTIES 17,095 2,172,000 3.46%
19 EQUITY COMWLTH COM SH BEN INT 58,914 1,663,000 2.65%
20 CORPORATE OFFICE 60,491 1,587,000 2.53%
21 BLACKSTONE MTG TR INC 43,402 1,166,000 1.86%
22 ARMADA HOFFLER PPTYS INC 84,130 946,000 1.51%
23 First Potomac Realty Trust 77,248 700,000 1.12%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-16-003252, filed 2016.05.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.