SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Long Pond Capital, LP

CIK 0001499066 · 527 MADISON AVENUE, 15TH FLOOR, NEW YORK, NY, 10022 · 212.351.1950

Reported Value
$1.9B
Q1 2023
Positions
39
Filings on Record
32
2019–present window
Filed
May 15, 2023
original filing

Summary

Long Pond Capital, LP reported $1.9B in U.S.-listed holdings across 39 positions for Q1 2023.

Its largest position, CPT, represents 7.9% of the portfolio.

Compared with Q4 2022, the fund opened 13 new positions and exited 12.

Portfolio Metrics

Turnover
+25.6%
vs prior filed quarter
Top-10 Concentration
+59.2%
share of reported value
Largest Position
+7.9%
Camden Ppty Tr
New / Exited
13 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.5BQ4 ’18Q1 ’19: $2.9BQ2 ’19: $3.3BQ3 ’19: $3.8BQ4 ’19: $3.9BQ4 ’19Q1 ’20: $2.0BQ2 ’20: $2.5BQ3 ’20: $2.6BQ4 ’20: $3.0BQ4 ’20Q1 ’21: $2.9BQ2 ’21: $2.9BQ3 ’21: $2.7BQ4 ’21: $2.8BQ4 ’21Q1 ’22: $2.5BQ2 ’22: $2.0BQ3 ’22: $1.7BQ4 ’22: $1.6BQ4 ’22Q1 ’23: $1.9BQ2 ’23: $1.7BQ3 ’23: $1.8BQ4 ’23: $1.2BQ4 ’23Q1 ’24: $1.7BQ2 ’24: $1.9BQ3 ’24: $2.2BQ4 ’24: $2.0BQ4 ’24Q1 ’25: $1.5BQ2 ’25: $1.6BQ3 ’25: $1.4BQ4 ’25: $851MQ4 ’25Q1 ’26: $1.0Bfilingsflow.com

Portfolio Composition

By security type
REIT: 76.8%Common Stock: 16.7%ADR: 4.1%Other: 2.3%
  • REIT · 76.8% · $1.4B
  • Common Stock · 16.7% · $312M
  • ADR · 4.1% · $77M
  • Other · 2.3% · $42M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DOCHEALTHPEAK PROPERTIES INCNEW+5.32M5.32M+$117M$117M
MID-AMER APT CMNTYS INCNEW+658.3K658.3K+$99M$99M
SAFESAFEHOLD INCNEW+3.26M3.26M+$96M$96M
CBRECBRE GROUP INCNEW+962.0K962.0K+$70M$70M
VERIS RESIDENTIAL INCNEW+2.90M2.90M+$42M$42M
BRXBRIXMOR PPTY GROUP INCNEW+655.6K655.6K+$14M$14M
6PMPARAMOUNT GROUP INCNEW+1.71M1.71M+$8M$8M
ROICUSDRETAIL OPPORTUNITY INVTS CORNEW+517.9K517.9K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CPTCAMDEN PPTY TRhistory →SH BEN INT7.90%$147M1.40M
2SRCUSDSPIRIT RLTY CAP INC NEWhistory →COM NEW7.41%$138M3.46M
3JBGSJBG SMITH PPTYShistory →COM6.92%$129M8.56M
4AVALONBAY CMNTYS INCCOM6.33%$118M702.0K
5DOCHEALTHPEAK PROPERTIES INChistory →COM6.28%$117M5.32M
6MID-AMER APT CMNTYS INCCOM5.34%$99M658.3K
7SAFESAFEHOLD INChistory →COM5.14%$96M3.26M
8LXP INDUSTRIAL TRUSTCOM4.85%$90M8.76M
9AMHAMERICAN HOMES 4 RENThistory →CL A4.83%$90M2.86M
10IRTINDEPENDENCE RLTY TR INChistory →COM4.16%$78M4.84M
11EQREQUITY RESIDENTIALhistory →SH BEN INT3.93%$73M1.22M
12FORFORESTAR GROUP INChistory →COM3.91%$73M4.68M
13CBRECBRE GROUP INChistory →CL A3.76%$70M962.0K
14DHID R HORTON INChistory →COM3.14%$58M598.2K
15FMXFOMENTO ECONOMICO MEXICANO Shistory →SPON ADR UNITS2.91%$54M570.0K
16VACMARRIOTT VACATIONS WORLDWIDEhistory →COM2.86%$53M395.7K
17STAGSTAG INDL INChistory →COM2.41%$45M1.33M
18EPRTESSENTIAL PPTYS RLTY TR INChistory →COM2.41%$45M1.80M
19VERIS RESIDENTIAL INCCOM2.28%$42M2.90M
20AIVAPARTMENT INVT & MGMT COhistory →CL A2.16%$40M5.24M
21FIRST INDL RLTY TR INCCOM1.93%$36M676.9K
22MELCO RESORTS AND ENTMNT LTDADR1.23%$23M1.80M
23MSGSMADISON SQUARE GRDN SPRT CORhistory →CL A1.03%$19M98.7K
24APARTMENT INCOME REIT CORPCOM0.97%$18M502.5K
25HGVHILTON GRAND VACATIONS INChistory →COM0.80%$15M337.3K
26LIFE STORAGE INCCOM0.78%$14M110.5K
27BRXBRIXMOR PPTY GROUP INChistory →COM0.76%$14M655.6K
28MTHMERITAGE HOMES CORPhistory →COM0.58%$11M92.7K
29SUNSTONE HOTEL INVS INC NEWCOM0.48%$9M900.2K
306PMPARAMOUNT GROUP INCCOM0.42%$8M1.71M
31RLJRLJ LODGING TRCOM0.42%$8M733.7K
32ROICUSDRETAIL OPPORTUNITY INVTS CORCOM0.39%$7M517.9K
33IVTINVENTRUST PPTYS CORPCOM NEW0.37%$7M294.5K
34FPHFIVE POINT HOLDINGS LLCCOM CL A0.37%$7M2.88M
35DRHDIAMONDROCK HOSPITALITY COCOM0.23%$4M532.3K
36JLLJONES LANG LASALLE INCCOM0.12%$2M15.5K
37OPENOPENDOOR TECHNOLOGIES INCCOM0.11%$2M1.15M
38SMRTSMARTRENT INCCOM CL A0.05%$969,000380.0K
39DEIDOUGLAS EMMETT INCCOM0.02%$386,29931.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.0B33May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$851M30Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.4B28Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.6B29Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.5B34May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.0B28Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.2B38Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.9B36Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.7B35May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B31Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.8B28Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.7B29Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.9B39May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.6B38Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.7B33Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.0B40Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.5B35May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.8B43Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.7B37Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.9B42Aug 16, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$2.9B38May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.0B34Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.6B38Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.5B38Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.0B30May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.9B35Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.8B35Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.3B39Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.9B37May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.5B32Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.