Institutional Manager · CIK 0001536520
Land & Buildings Investment Management, LLC
SAN JUAN, PR · File #028-14876
Latest AUM
$601.6M
Positions
19
Top-10 Concentration
68.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | NATIONAL STORAGE AFFILIATES | NSA-PB | +1,314,463 | +$37.1M | $0 |
| ADD | EQUINIX INC | EQIX | +26,047 | +$20.0M | -$544,255 |
| EXITED | EXTRA SPACE STORAGE INC | 30225T102 | -137,562 | -$19.4M | $0 |
| ADD | CENTERSPACE | CSR | +229,146 | +$15.3M | +$4.7M |
| EXITED | CROWN CASTLE INC | 22822V101 | -129,800 | -$12.5M | $0 |
| ADD | FIRST INDL RLTY TR INC | 32054K103 | +201,996 | +$11.6M | +$4.1M |
| REDUCE | PROLOGIS INC. | PLDGP | -76,247 | -$9.7M | +$2.8M |
| ADD | RYMAN HOSPITALITY PPTYS INC | 78377T107 | +96,867 | +$9.2M | +$537,083 |
| EXITED | EMPIRE ST RLTY TR INC | 292104106 | -1,014,676 | -$7.8M | $0 |
| REDUCE | SIMON PPTY GROUP INC NEW | 828806109 | -38,708 | -$7.2M | -$527,936 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202519 pos · $601.6M
- 13F HOLDINGS REPORTQ/E Sep 202522 pos · $544.9M
- 13F HOLDINGS REPORTQ/E Jun 202521 pos · $501.1M
- 13F HOLDINGS REPORTQ/E Mar 202520 pos · $472.6M
- 13F HOLDINGS REPORTQ/E Dec 202420 pos · $493.6M
- 13F HOLDINGS REPORTQ/E Sep 202419 pos · $489.2M
- 13F HOLDINGS REPORTQ/E Jun 202419 pos · $424.6M
- 13F HOLDINGS REPORTQ/E Mar 202418 pos · $456.7M
- 13F HOLDINGS REPORTQ/E Dec 202318 pos · $455.2M
Top 19 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | CENTERSPACE | CSR | 828,398 | $55.3M | 9.19% |
| 2 | FIRST INDL RLTY TR INC | 32054K103 | 912,517 | $52.3M | 8.69% |
| 3 | AMERICAN HEALTHCARE REIT INC | AHR | 1,053,206 | $49.6M | 8.24% |
| 4 | EQUINIX INC | EQIX | 57,912 | $44.4M | 7.38% |
| 5 | VENTAS INC | VTR | 505,225 | $39.1M | 6.50% |
| 6 | NATIONAL STORAGE AFFILIATES | NSA-PB | 1,314,463 | $37.1M | 6.16% |
| 7 | SUN CMNTYS INC | 866674104 | 285,481 | $35.4M | 5.88% |
| 8 | AMERICAN HOMES 4 RENT | AMH-PG | 1,079,778 | $34.7M | 5.76% |
| 9 | NATIONAL HEALTH INVS INC | 63633D104 | 413,133 | $31.6M | 5.24% |
| 10 | SIMON PPTY GROUP INC NEW | 828806109 | 167,517 | $31.0M | 5.15% |
| 11 | OUTFRONT MEDIA INC | OUT | 1,241,837 | $29.9M | 4.97% |
| 12 | TANGER INC | SKT | 826,822 | $27.6M | 4.59% |
| 13 | SIX FLAGS ENTERTAINMENT CORP | FUN | 1,743,077 | $26.7M | 4.44% |
| 14 | GAMING & LEISURE PPTYS INC | 36467J108 | 570,099 | $25.5M | 4.23% |
| 15 | CBRE GROUP INC | CBRE | 127,512 | $20.5M | 3.41% |
| 16 | MARRIOTT INTL INC NEW | 571903202 | 63,655 | $19.7M | 3.28% |
| 17 | RYMAN HOSPITALITY PPTYS INC | 78377T107 | 203,643 | $19.3M | 3.20% |
| 18 | PROLOGIS INC. | PLDGP | 133,713 | $17.1M | 2.84% |
| 19 | CURBLINE PPTYS CORP | 23128Q101 | 217,464 | $5.0M | 0.84% |