Land & Buildings Investment Management, LLC

CIK

1536520

Location

STAMFORD, CT

Portfolio Value

Small $591,367,801

Diversification

Diversified

Filing Date

Global Rank

#2,390 / 8,614 ▲ 24 · as of Mar 2026

Top Industry

REIT - Specialty 23.1%

3Y Alpha vs SPY

-6.5%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

24 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+45.8%

SPY

+73.9%

Annualised alpha

-6.9%

Max drawdown

−22.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

20 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.5%

−0.7 pts

Top 5

40.6%

+0.7 pts

Top 10

67.5%

−0.6 pts

HHI

591

Diversified−18

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	94.8%	$560,418,672	18
Consumer Cyclical	5.2%	$30,949,129	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
CURB	Curbline Properties Corp.	+687,608	905,072	$23,341,806
NHI	National Health Investors Inc	+174,114	587,247	$47,484,792
RHP	Ryman Hospitality Properties, Inc.	+84,634	288,277	$26,599,318
CBRE	Cbre Group, Inc.	+57,713	185,225	$25,090,578
SPG	Simon Property Group Inc.	+49,949	217,466	$40,563,932
PLD	Prologis, Inc.	+35,123	168,836	$22,316,742
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
FUN	Six Flags Entertainment Corporation/NEW	−1,100,741	642,336	$11,401,464
OUT	OUTFRONT Media Inc.	−387,643	854,194	$22,636,141
VTR	Ventas, Inc.	−137,818	367,407	$30,046,544
GLPI	Gaming & Leisure Properties, Inc.	−125,476	444,623	$19,727,922
FR	First Industrial Realty Trust Inc	−48,592	863,925	$49,978,061
AHR	American Healthcare REIT, Inc.	−42,204	1,011,002	$47,678,854
SKT	Tanger Inc.	−27,907	798,915	$27,147,131
EQIX	Equinix Inc	−10,649	47,263	$46,329,083
SUI	Sun Communities Inc	−9,776	275,705	$34,727,801
MAR	Marriott International Inc /Md/	−3,889	59,766	$19,547,665
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
INVH	Invitation Homes Inc.	1,966,673	$48,871,824
DLR	Digital Realty Trust, Inc.	114,066	$20,555,833
LAMR	Lamar Advertising Co/New	134,056	$16,979,532
SBAC	Sba Communications Corp	60,094	$10,342,778
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
CSR	Centerspace	828,398	$55,270,714
NSA	National Storage Affiliates Trust	1,314,463	$37,081,001
AMH	American Homes 4 Rent	1,079,778	$34,660,873
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

20 positions · $591,367,801 total · as of Mar 31, 2026

All sectors Consumer Cyclical Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FR	First Industrial Realty Trust Inc Real Estate	Reduced	863,925	-48,592	$49,978,061	−4.4%	8.45%
INVH	Invitation Homes Inc. Real Estate	NEW	1,966,673	NEW	$48,871,824	NEW	8.26%
AHR	American Healthcare REIT, Inc. Real Estate	Reduced	1,011,002	-42,204	$47,678,854	−3.8%	8.06%
NHI	National Health Investors Inc Real Estate	Added	587,247	+174,114	$47,484,792	+50.5%	8.03%
EQIX	Equinix Inc Real Estate	Reduced	47,263	-10,649	$46,329,083	+4.4%	7.83%
SPG	Simon Property Group Inc. Real Estate	Added	217,466	+49,949	$40,563,932	+30.8%	6.86%
SUI	Sun Communities Inc Real Estate	Reduced	275,705	-9,776	$34,727,801	−1.8%	5.87%
VTR	Ventas, Inc. Real Estate	Reduced	367,407	-137,818	$30,046,544	−23.1%	5.08%
SKT	Tanger Inc. Real Estate	Reduced	798,915	-27,907	$27,147,131	−1.6%	4.59%
RHP	Ryman Hospitality Properties, Inc. Real Estate	Added	288,277	+84,634	$26,599,318	+38.0%	4.50%
CBRE	Cbre Group, Inc. Real Estate	Added	185,225	+57,713	$25,090,578	+22.4%	4.24%
CURB	Curbline Properties Corp. Real Estate	Added	905,072	+687,608	$23,341,806	+362.5%	3.95%
OUT	OUTFRONT Media Inc. Real Estate	Reduced	854,194	-387,643	$22,636,141	−24.4%	3.83%
PLD	Prologis, Inc. Real Estate	Added	168,836	+35,123	$22,316,742	+30.7%	3.77%
DLR	Digital Realty Trust, Inc. Real Estate	NEW	114,066	NEW	$20,555,833	NEW	3.48%
GLPI	Gaming & Leisure Properties, Inc. Real Estate	Reduced	444,623	-125,476	$19,727,922	−22.6%	3.34%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Reduced	59,766	-3,889	$19,547,665	−1.0%	3.31%
LAMR	Lamar Advertising Co/New Real Estate	NEW	134,056	NEW	$16,979,532	NEW	2.87%
FUN	Six Flags Entertainment Corporation/NEW Consumer Cyclical	Reduced	642,336	-1,100,741	$11,401,464	−57.4%	1.93%
SBAC	Sba Communications Corp Real Estate	NEW	60,094	NEW	$10,342,778	NEW	1.75%