# Land & Buildings Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1536520. Source: https://holderbook.com/funds/1536520-land-buildings-investment-management-llc/

- Reported value: $583.4M
- Positions: 19
- Weight of the ten largest: 72.8%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AMERICAN HEALTHCARE REIT INC | [AHR](https://holderbook.com/stocks/AHR/) | $57.4M | 1,100,637 | 9.8% | 10 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $48.4M | 216,348 | 8.3% | 9 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $47.9M | 781,077 | 8.2% | 10 |
| BLACKSTONE DIGITAL INFRASTRU | - | $47.4M | 2,191,636 | 8.1% | 1 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $46.9M | 527,994 | 8.0% | 24 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $42.4M | 1,404,199 | 7.3% | 2 |
| SUN CMNTYS INC | [SUI](https://holderbook.com/stocks/SUI/) | $37.2M | 310,187 | 6.4% | 19 |
| CURBLINE PPTYS CORP | [CURB](https://holderbook.com/stocks/CURB/) | $33.3M | 1,094,291 | 5.7% | 3 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $32.6M | 31,249 | 5.6% | 12 |
| TANGER INC | [SKT](https://holderbook.com/stocks/SKT/) | $31.4M | 794,927 | 5.4% | 13 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $24.9M | 185,199 | 4.3% | 13 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $24.3M | 135,266 | 4.2% | 2 |
| OUTFRONT MEDIA INC | [OUT](https://holderbook.com/stocks/OUT/) | $24.1M | 735,386 | 4.1% | 6 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $22.0M | 59,308 | 3.8% | 8 |
| LAMAR ADVERTISING CO | [LAMR](https://holderbook.com/stocks/LAMR/) | $19.1M | 122,160 | 3.3% | 2 |
| RYMAN HOSPITALITY PPTYS INC | [RHP](https://holderbook.com/stocks/RHP/) | $18.5M | 144,125 | 3.2% | 5 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $18.4M | 113,257 | 3.2% | 1 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $5.5M | 207,555 | 0.9% | 1 |
| DOUGLAS EMMETT INC | [DEI](https://holderbook.com/stocks/DEI/) | $1.8M | 153,017 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.4% | +14.8% | -4.4% | 100% |
| Q1 2026 | +4.0% | -4.6% | +8.7% | 100% |
| Q4 2025 | +1.8% | +2.4% | -0.6% | 100% |
| Q3 2025 | +5.6% | +7.8% | -2.3% | 100% |
| Q2 2025 | -1.1% | +10.5% | -11.5% | 100% |
| Q1 2025 | -0.7% | -4.6% | +3.8% | 100% |
| Q4 2024 | -3.6% | +2.1% | -5.7% | 100% |
| Q3 2024 | +18.7% | +5.4% | +13.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $583.4M | 19 |
| Q1 2026 | $591.4M | 20 |
| Q4 2025 | $601.6M | 19 |
| Q3 2025 | $544.9M | 22 |
| Q2 2025 | $501.1M | 21 |
| Q1 2025 | $472.6M | 20 |
| Q4 2024 | $493.6M | 20 |
| Q3 2024 | $489.2M | 19 |
| Q2 2024 | $424.6M | 19 |
| Q1 2024 | $456.7M | 18 |
| Q4 2023 | $435.1M | 16 |
| Q3 2023 | $455.2M | 18 |