SEC 13F Intelligence

Managers / Q1 2019 · view latest →

HGI Capital Management, LLC

CIK 0001595907 · 51 WEST 52ND STREET, 19TH FLOOR, NEW YORK, NY, 10019 · 212-644-0515

Reported Value
$190M
Q1 2019
Positions
58
Filings on Record
28
2019–present window
Filed
May 10, 2019
original filing

Summary

Hgi Capital Management, LLC reported $190M in U.S.-listed holdings across 58 positions for Q1 2019.

Its largest position, AVB, represents 5.1% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+35.2%
share of reported value
Largest Position
+5.1%
Avalonbay Cmntys

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $190MQ1 ’19Q2 ’19: $220MQ3 ’19: $182MQ4 ’19: $207MQ1 ’20: $106MQ1 ’20Q2 ’20: $162MQ3 ’20: $170MQ4 ’20: $214MQ1 ’21: $235MQ1 ’21Q2 ’21: $287MQ3 ’21: $248MQ4 ’21: $279MQ1 ’22: $324MQ1 ’22Q2 ’22: $239MQ3 ’22: $314MQ4 ’22: $350MQ1 ’23: $151MQ1 ’23Q2 ’23: $208MQ3 ’23: $88MQ4 ’23: $88MQ1 ’24: $93MQ1 ’24Q2 ’24: $107MQ3 ’24: $115MQ4 ’24: $97MQ1 ’25: $80MQ1 ’25Q2 ’25: $74MQ3 ’25: $36Mfilingsflow.com

Portfolio Composition

By security type
REIT: 50.0%Common Stock: 31.3%ETP: 13.6%Other: 4.1%ADR: 0.9%
  • REIT · 50.0% · $95M
  • Common Stock · 31.3% · $60M
  • ETP · 13.6% · $26M
  • Other · 4.1% · $8M
  • ADR · 0.9% · $2M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
IYRISHARES TRNEW+145.0K145.0K+$13M$13M
SPYSPDR S&P 500 ETF TRNEW+37.8K37.8K+$11M$11M
AVBAVALONBAY CMNTYS INCNEW+48.1K48.1K+$10M$10M
BACBANK AMER CORPNEW+289.9K289.9K+$8M$8M
PSAPUBLIC STORAGENEW+35.1K35.1K+$8M$8M
ESRTEMPIRE ST RLTY TR INCNEW+460.8K460.8K+$7M$7M
NCLHNORWEGIAN CRUISE LINE HLDG LNEW+128.7K128.7K+$7M$7M
WHWYNDHAM HOTELS & RESORTS INCNEW+135.5K135.5K+$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 2019

51 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AVBAVALONBAY CMNTYS INChistory →COM5.07%$10M48.1K
2PSAPUBLIC STORAGEhistory →COM4.02%$8M35.1K
3ESRTEMPIRE ST RLTY TR INChistory →CL A3.83%$7M460.8K
4WHWYNDHAM HOTELS & RESORTS INChistory →COM3.56%$7M135.5K
5KRCKILROY RLTY CORPhistory →COM3.46%$7M86.5K
6MARMARRIOTT INTL INC NEWhistory →CL A3.32%$6M50.4K
7AMERICAN CAMPUS CMNTYS INCCOM3.13%$6M125.3K
8CPTCAMDEN PPTY TRhistory →SH BEN INT2.98%$6M55.8K
9AMHAMERICAN HOMES 4 RENThistory →CL A2.97%$6M249.1K
10IIPRINNOVATIVE INDL PPTYS INChistory →COM2.89%$6M67.4K
11LIBERTY PPTY TRSH BEN INT2.68%$5M105.2K
12DUKE REALTY CORPCOM NEW2.64%$5M164.1K
13INVHINVITATION HOMES INChistory →COM2.63%$5M205.8K
14NCLHNORWEGIAN CRUISE LINE HLDG Lhistory →SHS2.19%$4M75.7K
15JPMJPMORGAN CHASE & COhistory →COM2.18%$4M41.0K
16BKOBLUEROCK RESIDENTIAL GRW REIhistory →COM CL A2.03%$4M357.7K
17BACBANK AMER CORPhistory →COM2.02%$4M139.4K
18MACK CALI RLTY CORPCOM2.02%$4M172.8K
19STORE CAP CORPCOM1.77%$3M100.6K
20WPCW P CAREY INChistory →COM1.73%$3M42.1K
21ORNPFRETAIL PPTYS AMER INChistory →CL A1.73%$3M269.5K
22HUDSON PAC PPTYS INCCOM1.73%$3M95.3K
23MAAMID AMER APT CMNTYS INChistory →COM1.57%$3M27.3K
24EQIXEQUINIX INChistory →COM1.46%$3M6.1K
25AHRTARMADA HOFFLER PPTYS INChistory →COM1.40%$3M170.9K
26RLJRLJ LODGING TRhistory →COM1.39%$3M150.2K
27AMZNAMAZON COM INChistory →COM1.22%$2M1.3K
28HEALTHCARE TR AMER INCCL A NEW1.20%$2M79.6K
29GSGOLDMAN SACHS GROUP INChistory →COM1.10%$2M10.9K
30WRIWEINGARTEN RLTY INVShistory →SH BEN INT1.07%$2M69.2K
31BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.92%$2M9.6K
32GPMTGRANITE PT MTG TR INCCOM0.85%$2M86.8K
33DISDISNEY WALT COCOM DISNEY0.85%$2M14.5K
34SPLUNK INCCOM0.77%$1M11.8K
35TRTXTPG RE FIN TR INCCOM0.76%$1M73.7K
36SBUXSTARBUCKS CORPCOM0.69%$1M17.6K
37METAFACEBOOK INCCL A0.55%$1M6.3K
38HDHOME DEPOT INCCOM0.49%$940,0004.9K
39PFEPFIZER INCCOM0.45%$849,00020.0K
40MRKMERCK & CO INCCOM0.35%$665,0008.0K
41MTNVAIL RESORTS INCCOM0.33%$630,0002.9K
42BXUSDBLACKSTONE GROUP L PCOM UNIT LTD0.30%$574,00016.4K
43SGITEMPUR SEALY INTL INCCOM0.27%$519,0009.0K
44CBCHUBB LIMITEDCOM0.26%$490,0003.5K
45CANOPY GROWTH CORPCOM0.22%$421,0009.7K
46PYPLPAYPAL HLDGS INCCOM0.19%$358,0003.5K
47VVISA INCCOM CL A0.16%$297,0001.9K
48BABOEING COCOM0.15%$286,000750
49DOWDUPONT INCCOM0.13%$255,0004.8K
50AXPAMERICAN EXPRESS COCOM0.12%$219,0002.0K
51NTNXNUTANIX INCCL A0.11%$208,0005.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$36M21Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$74M23Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$80M22May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$97M18Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$115M17Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$107M19Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$93M43May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$88M40Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$88M41Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$208M38Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$151M27May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$350M31Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$314M35Feb 22, 2023RESTATEMENTchanges · EDGAR ↗
Q2 2022$239M33Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$324M66May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$279M70Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$248M64Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$287M72Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$235M59May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$214M58Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$170M54Oct 29, 202013F-HRchanges · EDGAR ↗
Q2 2020$162M52Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$106M51May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$207M63Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$182M60Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$220M67Jul 26, 201913F-HRchanges · EDGAR ↗
Q1 2019$190M58May 10, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • PRELUDE CAPITAL MANAGEMENT, LLC028-12257

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 ↗.