Waterfront Capital Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Waterfront Capital Partners, LLC reported 37 stock positions worth $1.1 billion. Its top holding was Vivmark Residential (VMRK) at 5.2% of the portfolio, followed by Equinix (EQIX, 5.2%) and Invitation Homes (INVH, 5.0%). Compared with Q4 2023, it opened 19 new positions, sold out of 20, added to 9 and reduced 9. The biggest buy was a new position in Invitation Homes (INVH) and the biggest sale an exit from Rexford Industrial Realty (REXR).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001595077
- Portfolio Value
- $1.1B (Q1 2024)
- SEC Filing
- 0001595077-24-000004 ↗ filed May 14, 2024
Holdings Value
Holdings 37 stocks · $1.1B
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 5.17% | 878,219 | $55.4M | Add +164.5% |
| EQIX Equinix Inc. | 5.16% | 67,070 | $55.4M | Add +147.1% |
| INVH Invitation Homes Inc. | 5.01% | 1,508,025 | $53.7M | New |
| STAG Stag Industrial Inc. | 4.94% | 1,378,070 | $53.0M | Reduce -3.3% |
| SKT Tanger Inc. | 4.63% | 1,680,609 | $49.6M | Add +9.5% |
| BRX Brixmor Property Group Inc. | 4.39% | 2,008,300 | $47.1M | New |
| FRT Federal Realty Invs Trust | 4.39% | 460,464 | $47.0M | New |
| DLR Digital Realty Trust Inc. | 4.30% | 320,386 | $46.1M | New |
| IRT Independence Realty Trust Inc. | 4.20% | 2,793,136 | $45.1M | Add +40.5% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 3.91% | 325,865 | $41.9M | Add +1.9% |
| SITC Site Centers Corp. filed as SITE CTRS CORP | 3.80% | 2,779,173 | $40.7M | New |
| CPT Camden Property Trust | 3.75% | 408,958 | $40.2M | New |
| CDP Copt Defense Properties | 3.61% | 1,602,999 | $38.7M | New |
| OHI Omega Healthcare Investors | 3.41% | 1,154,484 | $36.6M | New |
| FR First Industrial Realty TR | 2.94% | 600,000 | $31.5M | Add +109.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 2.60% | 935,000 | $27.9M | Reduce -10.8% |
| HIW Highwoods Properties Inc. | 2.44% | 1,000,000 | $26.2M | New |
| BKD Brookdale Senior Living Inc. | 2.44% | 3,954,250 | $26.1M | Add +43.0% |
| VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP | 2.32% | 634,271 | $24.9M | Reduce -10.8% |
| RHP Ryman Hospitality Properties | 2.32% | 215,000 | $24.9M | Add +33.7% |
| PK Park Hotels & Resorts Inc. | 2.25% | 1,379,742 | $24.1M | Reduce -16.7% |
| CBRE CBRE Group Inc. Class A | 2.02% | 223,000 | $21.7M | Add +88.5% |
| SPG Simon Property Group Inc. | 1.97% | 135,000 | $21.1M | New |
| CUZ Cousins Properties Inc. | 1.95% | 870,000 | $20.9M | New |
| EGP Eastgroup Properties Inc. | 1.93% | 115,000 | $20.7M | New |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.91% | 255,000 | $20.5M | New |
| AHR American Healthcare REIT Inc. | 1.88% | 1,364,427 | $20.1M | New |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 1.78% | 304,616 | $19.1M | Reduce -22.2% |
| HR Healthcare Realty Trust Inc. | 1.70% | 1,288,600 | $18.2M | Reduce -57.1% |
| VNO Vornado Realty Trust | 1.67% | 622,000 | $17.9M | New |
| WELL Welltower Inc. | 1.37% | 157,000 | $14.7M | New |
| STWD Starwood Property Trust Inc. | 1.13% | 595,000 | $12.1M | Reduce -21.8% |
| AIV Apartment Invt & Mgmt Co. Class A | 0.95% | 1,250,000 | $10.2M | Reduce -44.2% |
| O Realty Income Corp. | 0.92% | 183,000 | $9.9M | New |
| HST Host Hotels & Resorts Inc. | 0.52% | 269,000 | $5.6M | New |
| INSE Inspired Entertainment Inc. | 0.21% | 227,224 | $2.2M | Reduce -41.3% |
| PSA Public Storage | 0.11% | 4,000 | $1.2M | New |
Options reported separately and not counted above: IYR puts ($40.5M).
Portfolio Sells Q4 2023 → Q1 2024
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −5.01 |
| REG Regency Centers Corp. | Sold out | 0.00% | −4.91 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −4.85 |
| COLD Americold Realty Trust Inc. | Sold out | 0.00% | −4.84 |
| AMH American Homes 4 Rent- A | Sold out | 0.00% | −4.80 |
| VTR Ventas Inc. | Sold out | 0.00% | −4.46 |
| WPC WP Carey Inc. | Sold out | 0.00% | −4.30 |
| KRC Kilroy Realty Corp. | Sold out | 0.00% | −3.10 |
| UDR Udr Inc. | Sold out | 0.00% | −3.06 |
| LXP LXP Industrial Trust | Sold out | 0.00% | −3.02 |
| AMT American Tower Corp. | Sold out | 0.00% | −2.89 |
| HR Healthcare Realty Trust Inc. | Reduce -57.1% | 1.70% | −2.83 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −2.70 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −2.56 |
| BXP BXP Inc. | Sold out | 0.00% | −2.13 |
| HUDSON PAC PPTYS INC | Sold out | 0.00% | −2.00 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −1.53 |
| MAC The Macerich Co. | Sold out | 0.00% | −1.28 |
| TCN Tricon Residential Inc. | Sold out | 0.00% | −0.64 |
| AIV Apartment Invt & Mgmt Co. Class A | Reduce -44.2% | 0.95% | −0.58 |
| SAFE Safehold Inc. | Sold out | 0.00% | −0.43 |
| VICI Vici Properties Inc. | Reduce -10.8% | 2.60% | −0.32 |
| STWD Starwood Property Trust Inc. | Reduce -21.8% | 1.13% | −0.27 |
| NLOP Net Lease Office Property | Sold out | 0.00% | −0.23 |
| VTMX Corp. Inmobiliaria Vesta-ADR | Reduce -10.8% | 2.32% | −0.14 |
| NHI Natl Health Investors Inc. | Reduce -22.2% | 1.78% | −0.13 |
| INSE Inspired Entertainment Inc. | Reduce -41.3% | 0.21% | −0.13 |
| PK Park Hotels & Resorts Inc. | Reduce -16.7% | 2.25% | +0.04 |
| STAG Stag Industrial Inc. | Reduce -3.3% | 4.94% | +0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| INVH Invitation Homes Inc. | New | 5.01% | +5.01 |
| BRX Brixmor Property Group Inc. | New | 4.39% | +4.39 |
| FRT Federal Realty Invs Trust | New | 4.39% | +4.39 |
| DLR Digital Realty Trust Inc. | New | 4.30% | +4.30 |
| SITC Site Centers Corp. | New | 3.80% | +3.80 |
| CPT Camden Property Trust | New | 3.75% | +3.75 |
| CDP Copt Defense Properties | New | 3.61% | +3.61 |
| OHI Omega Healthcare Investors | New | 3.41% | +3.41 |
| VMRK Vivmark Residential | Add +164.5% | 5.17% | +3.39 |
| EQIX Equinix Inc. | Add +147.1% | 5.16% | +3.25 |
| HIW Highwoods Properties Inc. | New | 2.44% | +2.44 |
| SPG Simon Property Group Inc. | New | 1.97% | +1.97 |
| CUZ Cousins Properties Inc. | New | 1.95% | +1.95 |
| EGP Eastgroup Properties Inc. | New | 1.93% | +1.93 |
| IRM Iron Mountain Inc. | New | 1.91% | +1.91 |
| AHR American Healthcare REIT Inc. | New | 1.88% | +1.88 |
| VNO Vornado Realty Trust | New | 1.67% | +1.67 |
| FR First Industrial Realty TR | Add +109.5% | 2.94% | +1.62 |
| IRT Independence Realty Trust Inc. | Add +40.5% | 4.20% | +1.54 |
| WELL Welltower Inc. | New | 1.37% | +1.37 |
| CBRE CBRE Group Inc. Class A | Add +88.5% | 2.02% | +1.06 |
| BKD Brookdale Senior Living Inc. | Add +43.0% | 2.44% | +1.03 |
| O Realty Income Corp. | New | 0.92% | +0.92 |
| SKT Tanger Inc. | Add +9.5% | 4.63% | +0.91 |
| RHP Ryman Hospitality Properties | Add +33.7% | 2.32% | +0.77 |
| HST Host Hotels & Resorts Inc. | New | 0.52% | +0.52 |
| SUI Sun Communities Inc. | Add +1.9% | 3.91% | +0.17 |
| PSA Public Storage | New | 0.11% | +0.11 |
Options Activity Q4 2023 → Q1 2024
| IYR iShares US Real Estate ETF | call | Sold out | 800,000 | $73.1Mbefore exit |
| IYR iShares US Real Estate ETF | put | New | 450,000 | $40.5M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 0 | $0 | |
| Q3 2025 | 20 | $152.8M | IRM, WELL, REG, DLR, REXR |
| Q2 2025 | 31 | $402.5M | DLR, ESS, IRM, AVB, BKD |
| Q1 2025 | 34 | $584.1M | AMH, AMT, CBRE, VTR, CPT |
| Q4 2024 | 31 | $535.2M | CUZ, CBRE, DLR, UDR, EQIX |
| Q3 2024 | 33 | $544.1M | EQIX, DLR, REG, IRT, VTR |
| Q2 2024 | 29 | $778.7M | DLR, UDR, EGP, STAG, IRT |
| Q1 2024 | 37 | $1.1B | VMRK, EQIX, INVH, STAG, SKT |