Land & Buildings Investment Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Land & Buildings Investment Management, LLC reported 19 stock positions worth $424.6 million. Its top holding was First Industrial Realty TR (FR) at 9.0% of the portfolio, followed by Invitation Homes (INVH, 8.3%) and Sun Communities (SUI, 7.3%). Compared with Q1 2024, it opened 6 new positions, sold out of 5, added to 7 and reduced 6. The biggest buy was First Industrial Realty TR (FR, shares +256%) and the biggest sale an exit from Apartment Income REIT (AIRC).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001536520
- Portfolio Value
- $424.6M (Q2 2024)
- SEC Filing
- 0001880562-24-000004 ↗ filed Aug 14, 2024
Holdings Value
Holdings 19 stocks · $424.6M
| FR First Industrial Realty TR | 9.04% | 808,212 | $38.4M | Add +256.4% |
| INVH Invitation Homes Inc. | 8.33% | 985,840 | $35.4M | Reduce -10.9% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 7.32% | 258,146 | $31.1M | Reduce -3.3% |
| EQIX Equinix Inc. | 7.22% | 40,531 | $30.7M | Reduce -11.9% |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 6.66% | 417,834 | $28.3M | Add +4.6% |
| SKT Tanger Inc. | 6.66% | 1,043,287 | $28.3M | Add +52.4% |
| AHR American Healthcare REIT Inc. | 6.18% | 1,797,400 | $26.3M | Add +19.3% |
| CBRE CBRE Group Inc. Class A | 5.78% | 275,643 | $24.6M | Reduce -9.0% |
| OUT Outfront Media Inc. | 5.35% | 1,589,091 | $22.7M | New |
| KRG Kite Realty Group Trust | 5.25% | 995,400 | $22.3M | New |
| EQC Equity Commonwealth | 5.23% | 1,144,989 | $22.2M | Reduce -64.0% |
| RHP Ryman Hospitality Properties | 4.64% | 197,186 | $19.7M | Add +26.4% |
| VTR Ventas Inc. | 4.50% | 372,456 | $19.1M | Reduce -48.4% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 4.32% | 264,320 | $18.3M | New |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 4.31% | 639,630 | $18.3M | Add +14.2% |
| SMRT Smartrent Inc. | 3.18% | 5,658,366 | $13.5M | Add +82.0% |
| SPG Simon Property Group Inc. | 2.93% | 82,012 | $12.4M | New |
| HLT Hilton Worldwide Holdings Inc. | 1.79% | 34,879 | $7.6M | New |
| WYNN WYNN Resorts Ltd. | 1.29% | 61,356 | $5.5M | New |
Portfolio Sells Q1 2024 → Q2 2024
| AIRC Apartment Income REIT Co. | Sold out | 0.00% | −8.52 |
| EQC Equity Commonwealth | Reduce -64.0% | 5.23% | −7.90 |
| PLD Prologis Inc. | Sold out | 0.00% | −5.10 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −4.72 |
| MAC The Macerich Co. | Sold out | 0.00% | −3.67 |
| VTR Ventas Inc. | Reduce -48.4% | 4.50% | −2.38 |
| EQIX Equinix Inc. | Reduce -11.9% | 7.22% | −1.09 |
| CBRE CBRE Group Inc. Class A | Reduce -9.0% | 5.78% | −0.67 |
| INVH Invitation Homes Inc. | Reduce -10.9% | 8.33% | −0.30 |
| AIV Apartment Invt & Mgmt Co. Class A | Sold out | 0.00% | −0.24 |
| SUI Sun Communities Inc. | Reduce -3.3% | 7.32% | −0.20 |
Portfolio Buys Q1 2024 → Q2 2024
| FR First Industrial Realty TR | Add +256.4% | 9.04% | +6.43 |
| OUT Outfront Media Inc. | New | 5.35% | +5.35 |
| KRG Kite Realty Group Trust | New | 5.25% | +5.25 |
| VMRK Vivmark Residential | New | 4.32% | +4.32 |
| SPG Simon Property Group Inc. | New | 2.93% | +2.93 |
| SKT Tanger Inc. | Add +52.4% | 6.66% | +2.23 |
| HLT Hilton Worldwide Holdings Inc. | New | 1.79% | +1.79 |
| SMRT Smartrent Inc. | Add +82.0% | 3.18% | +1.36 |
| AHR American Healthcare REIT Inc. | Add +19.3% | 6.18% | +1.32 |
| WYNN WYNN Resorts Ltd. | New | 1.29% | +1.29 |
| NHI Natl Health Investors Inc. | Add +4.6% | 6.66% | +1.17 |
| RHP Ryman Hospitality Properties | Add +26.4% | 4.64% | +0.69 |
| VICI Vici Properties Inc. | Add +14.2% | 4.31% | +0.66 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $583.4M | AHR, SPG, FR, BXDC, VTR |
| Q1 2026 | 20 | $591.4M | FR, INVH, AHR, NHI, EQIX |
| Q4 2025 | 19 | $601.6M | CSR, FR, AHR, EQIX, VTR |
| Q3 2025 | 22 | $544.9M | AHR, SPG, FR, VTR, FUN |
| Q2 2025 | 21 | $501.1M | AHR, FR, NHI, VTR, AMH |
| Q1 2025 | 20 | $472.6M | NHI, FR, AHR, AMH, EXR |
| Q4 2024 | 20 | $493.6M | AHR, VTR, EQIX, FR, SKT |
| Q3 2024 | 19 | $489.2M | FR, AHR, EQIX, VTR, SKT |
| Q2 2024 | 19 | $424.6M | FR, INVH, SUI, EQIX, NHI |
| Q1 2024 | 18 | $456.7M | EQC, INVH, AIRC, EQIX, SUI |