Land & Buildings Investment Management 13F: Quarter-over-Quarter Portfolio Changes
Land & Buildings Investment Management reported a disclosed portfolio value of approximately $583.4 million in its latest SEC Form 13F-HR filing for Q2 2026, down 1.3% quarter on quarter. Over the quarter, the fund initiated 4 new positions, bought more shares in 5 holdings, trimmed 10 holdings, and exited 5 positions.
Land & Buildings Investment Management's top buy was a new stake in Blackstone Digital Infrastructure Trust (BXDC), equal to 8.1% of the disclosed portfolio. Its top sell was National Health Invs (NHI). The fund exited the position completely after it had accounted for 8.0% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| BLACKSTONE DIGITAL INFRASTRUCTURE TRUST INC. | BXDC | 8.1% | History → |
| D R HORTON, INC. (DHI) | DHI | 3.2% | Holders → |
| VICI PROPERTIES INC. | VICI | 0.9% | Holders → |
| DOUGLAS EMMETT, INC. | DEI | 0.3% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| VENTAS, INC. | VTR | +3.0% | +43.7% | History → |
| CURBLINE PROPERTIES CORP. | CURB | +1.8% | +20.9% | History → |
| DIGITAL REALTY TRUST, INC. | DLR | +0.7% | +18.6% | Holders → |
| SUN COMMUNITIES, INC | SUI | +0.5% | +12.5% | History → |
| AMERICAN HEALTHCARE REIT INC | AHR | +1.8% | +8.9% | History → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| RYMAN HOSPITALITY PPTYS INC | RHP | -1.3% | 50.0% | Holders → |
| EQUINIX, INC. REIT | EQIX | -2.3% | 33.9% | History → |
| INVITATION HOMES INC. | INVH | -1.0% | 28.6% | History → |
| OUTFRONT MEDIA INC. | OUT | +0.3% | 13.9% | Holders → |
| FIRST INDUSTRIAL REALTY TRUST, INC. | FR | -0.2% | 9.6% | History → |
| LAMAR ADVERTISING CO | LAMR | +0.4% | 8.9% | Holders → |
| MARRIOTT INTL INC NEW | MAR | +0.5% | 0.8% | Holders → |
| SIMON PROPERTY GROUP INC | SPG | +1.4% | 0.5% | History → |
| TANGER INC | SKT | +0.8% | 0.5% | History → |
| CBRE GROUP INC | CBRE | +0.0% | 0.0% | Holders → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| NATIONAL HEALTH INVS INC | NHI | 8.0% |
| PROLOGIS | PLD | 3.8% |
| GAMING & LEISURE P | GLPI | 3.3% |
| SIX FLAGS ENTERTAINMENT CORP | FUN | 1.9% |
| SBA COMMUNICATIONS CORP | SBAC | 1.7% |
Net Portfolio Value ChangeQ2 2026
- $0.6BPrior quarter
- $0.6BCurrent quarter
- $-0.0BNet delta
- -1.3%% change
Methodology & FAQ
How Land & Buildings Investment Management Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Land & Buildings Investment Management: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did Land & Buildings Investment Management buy in Q2 2026?
In Q2 2026, Land & Buildings Investment Management initiated 4 new positions (BLACKSTONE DIGITAL INFRASTRUCTURE TRUST INC. (BXDC), D R HORTON, INC. (DHI) (DHI), VICI PROPERTIES INC. (VICI), DOUGLAS EMMETT, INC. (DEI)); bought more shares of VENTAS, INC. (VTR), CURBLINE PROPERTIES CORP. (CURB), DIGITAL REALTY TRUST, INC. (DLR), SUN COMMUNITIES, INC (SUI), AMERICAN HEALTHCARE REIT INC (AHR).
What stocks did Land & Buildings Investment Management sell in Q2 2026?
In Q2 2026, Land & Buildings Investment Management fully sold 5 positions (NATIONAL HEALTH INVS INC (NHI), PROLOGIS (PLD), GAMING & LEISURE P (GLPI), SIX FLAGS ENTERTAINMENT CORP (FUN), SBA COMMUNICATIONS CORP (SBAC)); reduced holdings in RYMAN HOSPITALITY PPTYS INC (RHP), EQUINIX, INC. REIT (EQIX), INVITATION HOMES INC. (INVH), OUTFRONT MEDIA INC. (OUT), FIRST INDUSTRIAL REALTY TRUST, INC. (FR) (the largest 5 of 10 reductions).
Which positions did Land & Buildings Investment Management initiate in Q2 2026?
Land & Buildings Investment Management established 4 new positions in Q2 2026: BLACKSTONE DIGITAL INFRASTRUCTURE TRUST INC. (BXDC, 8.1%), D R HORTON, INC. (DHI) (DHI, 3.2%), VICI PROPERTIES INC. (VICI, 0.9%), DOUGLAS EMMETT, INC. (DEI, 0.3%).
Which existing positions saw the largest allocation increases for Land & Buildings Investment Management in Q2 2026?
Of 5 existing positions with share-count increases in Q2 2026, the largest were: VENTAS, INC. (VTR, +3.0% weight, +43.7% shares), CURBLINE PROPERTIES CORP. (CURB, +1.8% weight, +20.9% shares), DIGITAL REALTY TRUST, INC. (DLR, +0.7% weight, +18.6% shares), SUN COMMUNITIES, INC (SUI, +0.5% weight, +12.5% shares), AMERICAN HEALTHCARE REIT INC (AHR, +1.8% weight, +8.9% shares).
Which positions did Land & Buildings Investment Management fully exit in Q2 2026?
Land & Buildings Investment Management fully exited 5 positions in Q2 2026: NATIONAL HEALTH INVS INC (NHI, last-reported weight 8.0%), PROLOGIS (PLD, last-reported weight 3.8%), GAMING & LEISURE P (GLPI, last-reported weight 3.3%), SIX FLAGS ENTERTAINMENT CORP (FUN, last-reported weight 1.9%), SBA COMMUNICATIONS CORP (SBAC, last-reported weight 1.7%).
Which existing positions saw the largest allocation reductions for Land & Buildings Investment Management in Q2 2026?
Of 10 existing positions with share-count reductions in Q2 2026, the largest were: RYMAN HOSPITALITY PPTYS INC (RHP, -1.3% weight, -50.0% shares), EQUINIX, INC. REIT (EQIX, -2.3% weight, -33.9% shares), INVITATION HOMES INC. (INVH, -1.0% weight, -28.6% shares), OUTFRONT MEDIA INC. (OUT, +0.3% weight, -13.9% shares), FIRST INDUSTRIAL REALTY TRUST, INC. (FR, -0.2% weight, -9.6% shares), LAMAR ADVERTISING CO (LAMR, +0.4% weight, -8.9% shares), MARRIOTT INTL INC NEW (MAR, +0.5% weight, -0.8% shares), SIMON PROPERTY GROUP INC (SPG, +1.4% weight, -0.5% shares), TANGER INC (SKT, +0.8% weight, -0.5% shares), CBRE GROUP INC (CBRE, +0.0% weight, -0.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.