Land & Buildings Investment Management 13F: Quarter-over-Quarter Portfolio Changes
Land & Buildings Investment Management reported a disclosed portfolio value of approximately $591.4 million in its latest SEC Form 13F-HR filing for Q1 2026, down 1.7% quarter on quarter. Over the quarter, the fund initiated 4 new positions, bought more shares in 6 holdings, trimmed 10 holdings, and exited 3 positions.
Land & Buildings Investment Management's top buy was a new stake in Invitation Homes INC (INVH) , equal to 8.3% of the disclosed portfolio. Its top sell was Centerspace (CSR) . The fund exited the position completely after it had accounted for 9.2% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| INVITATION HOMES INC | INVH | 8.3% | History → |
| DIGITAL RLTY TR INC | DLR | 3.5% | Holders → |
| LAMAR ADVERTISING CO | LAMR | 2.9% | Holders → |
| SBA COMMUNICATIONS CORP | SBAC | 1.7% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| CURBLINE PPTYS CORP | CURB | +3.1% | +316.2% | Holders → |
| CBRE GROUP INC | CBRE | +0.8% | +45.3% | Holders → |
| NATIONAL HEALTH INVS INC | NHI | +2.8% | +42.1% | History → |
| RYMAN HOSPITALITY PPTYS INC | RHP | +1.3% | +41.6% | History → |
| SIMON PPTY GROUP INC NEW | SPG | +1.7% | +29.8% | History → |
| PROLOGIS | PLD | +0.9% | +26.3% | Holders → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| SIX FLAGS ENTERTAINMENT CORP | FUN | -2.5% | 63.1% | Holders → |
| OUTFRONT MEDIA INC | OUT | -1.1% | 31.2% | Holders → |
| VENTAS INC | VTR | -1.4% | 27.3% | History → |
| GAMING & LEISURE P | GLPI | -0.9% | 22.0% | Holders → |
| EQUINIX INC | EQIX | 0.5% | 18.4% | History → |
| MARRIOTT INTL INC NEW | MAR | 0.0% | 6.1% | Holders → |
| FIRST INDL RLTY TR INC | FR | -0.2% | 5.3% | History → |
| AMERICAN HEALTHCARE REIT INC | AHR | -0.2% | 4.0% | History → |
| SUN CMNTYS INC | SUI | -0.0% | 3.4% | History → |
| TANGER INC | SKT | 0.0% | 3.4% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| CENTERSPACE | CSR | 9.2% |
| NATIONAL STORAGE AFFILIATES | NSA | 6.2% |
| AMERICAN HOMES 4 RENT | AMH | 5.8% |
Net Portfolio Value ChangeQ1 2026
- $0.6BPrior quarter
- $0.6BCurrent quarter
- $-0.0BNet delta
- -1.7%% 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 Q1 2026?
In Q1 2026, Land & Buildings Investment Management initiated 4 new positions (INVITATION HOMES INC (INVH), DIGITAL RLTY TR INC (DLR), LAMAR ADVERTISING CO (LAMR), SBA COMMUNICATIONS CORP (SBAC)); bought more shares of CURBLINE PPTYS CORP (CURB), CBRE GROUP INC (CBRE), NATIONAL HEALTH INVS INC (NHI), RYMAN HOSPITALITY PPTYS INC (RHP), SIMON PPTY GROUP INC NEW (SPG) — the largest 5 of 6 adds.
What stocks did Land & Buildings Investment Management sell in Q1 2026?
In Q1 2026, Land & Buildings Investment Management fully sold 3 positions (CENTERSPACE (CSR), NATIONAL STORAGE AFFILIATES (NSA), AMERICAN HOMES 4 RENT (AMH)); reduced holdings in SIX FLAGS ENTERTAINMENT CORP (FUN), OUTFRONT MEDIA INC (OUT), VENTAS INC (VTR), GAMING & LEISURE P (GLPI), EQUINIX INC (EQIX) — the largest 5 of 10 reductions.
Which positions did Land & Buildings Investment Management initiate in Q1 2026?
Land & Buildings Investment Management established 4 new positions in Q1 2026: INVITATION HOMES INC (INVH, 8.3%), DIGITAL RLTY TR INC (DLR, 3.5%), LAMAR ADVERTISING CO (LAMR, 2.9%), SBA COMMUNICATIONS CORP (SBAC, 1.7%).
Which existing positions saw the largest allocation increases for Land & Buildings Investment Management in Q1 2026?
Of 6 existing positions with share-count increases in Q1 2026, the largest were: CURBLINE PPTYS CORP (CURB, +3.1% weight, +316.2% shares), CBRE GROUP INC (CBRE, +0.8% weight, +45.3% shares), NATIONAL HEALTH INVS INC (NHI, +2.8% weight, +42.1% shares), RYMAN HOSPITALITY PPTYS INC (RHP, +1.3% weight, +41.6% shares), SIMON PPTY GROUP INC NEW (SPG, +1.7% weight, +29.8% shares), PROLOGIS (PLD, +0.9% weight, +26.3% shares).
Which positions did Land & Buildings Investment Management fully exit in Q1 2026?
Land & Buildings Investment Management fully exited 3 positions in Q1 2026: CENTERSPACE (CSR, last-reported weight 9.2%), NATIONAL STORAGE AFFILIATES (NSA, last-reported weight 6.2%), AMERICAN HOMES 4 RENT (AMH, last-reported weight 5.8%).
Which existing positions saw the largest allocation reductions for Land & Buildings Investment Management in Q1 2026?
Of 10 existing positions with share-count reductions in Q1 2026, the largest were: SIX FLAGS ENTERTAINMENT CORP (FUN, -2.5% weight, -63.1% shares), OUTFRONT MEDIA INC (OUT, -1.1% weight, -31.2% shares), VENTAS INC (VTR, -1.4% weight, -27.3% shares), GAMING & LEISURE P (GLPI, -0.9% weight, -22.0% shares), EQUINIX INC (EQIX, 0.5% weight, -18.4% shares), MARRIOTT INTL INC NEW (MAR, 0.0% weight, -6.1% shares), FIRST INDL RLTY TR INC (FR, -0.2% weight, -5.3% shares), AMERICAN HEALTHCARE REIT INC (AHR, -0.2% weight, -4.0% shares), SUN CMNTYS INC (SUI, -0.0% weight, -3.4% shares), TANGER INC (SKT, 0.0% weight, -3.4% 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.