Data as of Q4 2025 (Dec 31, 2025)

Land & Buildings Investment Management, LLC

โ€ขCIK: 1536520โ€ขFiling: Q4 2025

**Land & Buildings Investment Management, LLC** manages $602M across a concentrated portfolio of 19 positions. The fund exhibits significant overweighting in technology and infrastructure, with top holdings including CSR ($55.3M) and FR ($52.3M). Notable allocations also feature AHR ($49.6M), EQIX ($44.4M), and VEN ($39.1M). This structure suggests a focused, high-conviction approach targeting established sector leaders.

Total AUM
$601.6M
QoQ Performance
+10.4%
Positions
19
Top 10 Concentration
68.2%
Latest Filing
Q4 2025

Top Holdings Allocation

CSR
FR
AHR
EQIX
VEN
NSA
SUI
AMH
CSR9.2%
FR8.7%
AHR8.2%
EQIX7.4%
VEN6.5%
NSA6.2%
SUI5.9%
AMH5.8%

๐Ÿ“ˆ Biggest Buys

NSA
NATIONAL STORAGE AFFILIATES
NEW
6.2% of portfolio
EQIX
EQUINIX INC
+81.7%
7.4% of portfolio
CSR
CENTERSPACE
+38.2%
9.2% of portfolio
FR
FIRST INDL RLTY TR INC
+28.4%
8.7% of portfolio
RHP
RYMAN HOSPITALITY PPTYS INC
+90.7%
3.2% of portfolio

๐Ÿ“‰ Biggest Sells

PLD
PROLOGIS INC.
-36.3%
2.8% of portfolio
SPG
SIMON PPTY GROUP INC NEW
-18.8%
5.2% of portfolio
AHR
AMERICAN HEALTHCARE REIT INC
-8.6%
8.2% of portfolio
MAR
MARRIOTT INTL INC NEW
-14.1%
3.3% of portfolio
SKT
TANGER INC
-8.4%
4.6% of portfolio

Sector Breakdown

Other81.4%
Real Estate15.4%
Consumer3.3%

๐Ÿšช Exited Positionssold since Q3 2025

EXR
EXTRA SPACE STORAGE INC
SOLD
$19.4M
8CW
CROWN CASTLE INC
SOLD
$12.5M
ESRT
EMPIRE ST RLTY TR INC
SOLD
$7.8M
AVB
AVALONBAY CMNTYS INC
SOLD
$3.7M
UDR
UDR INC
SOLD
$3.6M

Changes from Q3 2025

NEW2 new positions
โ†‘9 increased
โ†“8 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023