# JLP Asset Management, LLC

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1767141. Source: https://holderbook.com/funds/1767141-jlp-asset-management-llc/

- Reported value: $84.2M
- Positions: 26
- Weight of the ten largest: 62.6%
- Filed: 2024-01-25

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 |
|---|---|---|---|---|---|
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $8.5M | 63,782 | 10.1% | 21 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $8.2M | 133,600 | 9.7% | 15 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $8.0M | 9,890 | 9.5% | 18 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $6.3M | 20,744 | 7.5% | 21 |
| CUBESMART | [CUBE](https://holderbook.com/stocks/CUBE/) | $4.5M | 96,200 | 5.3% | 5 |
| EQUITY LIFESTYLE PROPERTIES | [ELS](https://holderbook.com/stocks/ELS/) | $3.7M | 53,000 | 4.4% | 21 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $3.4M | 36,900 | 4.1% | 1 |
| REXFORD INDL RLTY INC | [REXR](https://holderbook.com/stocks/REXR/) | $3.4M | 60,200 | 4.0% | 17 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $3.4M | 63,800 | 4.0% | 1 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $3.4M | 38,442 | 4.0% | 1 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $3.3M | 96,125 | 4.0% | 1 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $3.3M | 33,500 | 4.0% | 4 |
| MID-AMER APT CMNTYS INC | [MAA](https://holderbook.com/stocks/MAA/) | $3.3M | 24,700 | 3.9% | 15 |
| AVALONBAY CMNTYS INC | [AVB](https://holderbook.com/stocks/AVB/) | $3.3M | 17,600 | 3.9% | 1 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $3.3M | 28,500 | 3.9% | 15 |
| EASTGROUP PPTYS INC | [EGP](https://holderbook.com/stocks/EGP/) | $3.3M | 17,800 | 3.9% | 5 |
| ESSEX PPTY TR INC | [ESS](https://holderbook.com/stocks/ESS/) | $2.8M | 11,300 | 3.3% | 1 |
| AMERICAN HOMES 4 RENT | [AMH](https://holderbook.com/stocks/AMH/) | $1.6M | 44,700 | 1.9% | 21 |
| KIMCO REALTY CORP | [KIM](https://holderbook.com/stocks/KIM/) | $1.2M | 55,400 | 1.4% | 13 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $1.1M | 16,000 | 1.3% | 1 |
| KILROY REALTY CORP | [KRC](https://holderbook.com/stocks/KRC/) | $956.2K | 24,000 | 1.1% | 4 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $937.8K | 10,400 | 1.1% | 4 |
| HOST HOTELS & RESORTS INC | [HST](https://holderbook.com/stocks/HST/) | $819.7K | 42,100 | 1.0% | 2 |
| TERRENO RLTY CORP | [TRNO](https://holderbook.com/stocks/TRNO/) | $802.2K | 12,800 | 1.0% | 4 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $726.7K | 5,400 | 0.9% | 3 |
| CARETRUST REIT INC | [CTRE](https://holderbook.com/stocks/CTRE/) | $720.6K | 32,200 | 0.9% | 4 |

## 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 |
|---|---|---|---|---|
| Q4 2023 | +12.8% | +11.2% | +1.6% | 100% |
| Q3 2023 | -8.4% | -3.6% | -4.9% | 100% |
| Q2 2023 | -0.9% | +8.3% | -9.1% | 100% |
| Q1 2023 | +3.5% | +7.0% | -3.6% | 100% |
| Q4 2022 | +1.0% | +7.1% | -6.1% | 100% |
| Q3 2022 | -10.4% | -5.3% | -5.1% | 100% |
| Q2 2022 | -13.7% | -16.5% | +2.8% | 100% |
| Q1 2022 | -7.6% | -4.9% | -2.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $84.2M | 26 |
| Q3 2023 | $81.4M | 21 |
| Q2 2023 | $90.4M | 21 |
| Q1 2023 | $150.1M | 20 |
| Q4 2022 | $149.7M | 21 |
| Q3 2022 | $140.3M | 21 |
| Q2 2022 | $151.3M | 21 |
| Q1 2022 | $160.9M | 20 |
| Q4 2021 | $204.3M | 31 |
| Q3 2021 | $181.2M | 31 |
| Q2 2021 | $186.2M | 32 |
| Q1 2021 | $156.8M | 33 |