13F HOLDINGS REPORT
HGI Capital Management, LLC
Quarter ended Q2 2025 · Filed August 12, 2025 · Accession 0001595907-25-000004
Total Value
$73.8M
Positions
23
Other Managers
0
Confidential Omitted
No
Holdings (23)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | UDR Inc | UDR | 107,355 | $4.4M | 5.94% |
| 2 | Digital Realty Trust Inc | 253868103 | 24,179 | $4.2M | 5.71% |
| 3 | Empire State Realty Trust Inc | 292104106 | 494,696 | $4.0M | 5.42% |
| 4 | Equity Residential | EQR | 59,254 | $4.0M | 5.42% |
| 5 | Public Storage | PSA-PS | 13,557 | $4.0M | 5.39% |
| 6 | Extra Space Storage Inc | EXR | 26,977 | $4.0M | 5.39% |
| 7 | CBRE Group Inc | CBRE | 26,754 | $3.7M | 5.08% |
| 8 | Essex Property Trust Inc | 297178105 | 13,207 | $3.7M | 5.07% |
| 9 | Invitation Homes Inc | INVH | 110,106 | $3.6M | 4.89% |
| 10 | Camden Property Trust | 133131102 | 31,590 | $3.6M | 4.82% |
| 11 | Newmark Group Inc | NMRK | 292,757 | $3.6M | 4.82% |
| 12 | Host Hotels & Resorts Inc | HST | 224,577 | $3.4M | 4.67% |
| 13 | Kite Realty Group Trust | 49803T300 | 150,618 | $3.4M | 4.62% |
| 14 | Vornado Realty Trust | 929042109 | 88,686 | $3.4M | 4.60% |
| 15 | First Industrial Realty Trust Inc | 32054K103 | 66,835 | $3.2M | 4.36% |
| 16 | Ventas Inc | VTR | 49,265 | $3.1M | 4.22% |
| 17 | Equity LifeStyle Properties Inc | 29472R108 | 47,474 | $2.9M | 3.97% |
| 18 | VICI Properties Inc | 925652109 | 82,312 | $2.7M | 3.64% |
| 19 | Prologis Inc | PLDGP | 21,953 | $2.3M | 3.13% |
| 20 | Equinix Inc | EQIX | 2,762 | $2.2M | 2.98% |
| 21 | Agree Realty Corp | 008492100 | 26,176 | $1.9M | 2.59% |
| 22 | Veris Residential Inc | VRE | 105,494 | $1.6M | 2.13% |
| 23 | RLJ Lodging Trust | RLJ-PA | 115,818 | $843,155 | 1.14% |