HGI Capital Management, LLC — 13F Holdings & Portfolio
CIK 1595907 · latest 13F-HR filed 2025-11-14
HGI Capital Management, LLC manages $36.4M in 13F-reported U.S. long-equity assets across 21 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are EQIX (6.57%), CBRE (6.33%), FR (5.57%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 6 new positions, exited 8, added to 1, and trimmed 13.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$36.4M
Long-equity book
21
Distinct positions
2025-09-30
Filed 2025-11-14
+6 / −8 / ↑1 / ↓13
vs 2025-06-30
| Name | Title / Status | Ownership | Type |
|---|
Top Trims
- UDR Inc-$2.7M -61.3%
- Equity Residential-$2.4M -59.3%
- Newmark Group Inc-$2.2M -62.9%
- Digital Realty Trust Inc-$2.2M -52.2%
- Host Hotels & Resorts Inc-$2.1M -60.8%
New Positions
- Home Depot$2.0M
- Alexandria Real Estate Equities Inc$1.9M
- Phillips Edison & Co Inc$1.6M
- Omega Healthcare Investors Inc$1.6M
- Broadstone Net Lease Inc$1.2M
Exited Positions
- Empire State Realty Trust Inc$4.0M
- Invitation Homes Inc$3.6M
- Camden Property Trust$3.6M
- Kite Realty Group Trust$3.4M
- Vornado Realty Trust$3.4M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Equinix Inc | EQIX | 29444U700 | $2.4M | 6.57% | 3,053 | SH |
| 2 | CBRE Group Inc | CBRE | 12504L109 | $2.3M | 6.33% | 14,632 | SH |
| 3 | First Industrial Realty Trust Inc | FR | 32054K103 | $2.0M | 5.57% | 39,373 | SH |
| 4 | Digital Realty Trust Inc | DLR | 253868103 | $2.0M | 5.54% | 11,661 | SH |
| 5 | Home Depot | HD | 437076102 | $2.0M | 5.50% | 4,944 | SH |
| 6 | Extra Space Storage Inc | EXR | 30225T102 | $2.0M | 5.46% | 14,110 | SH |
| 7 | Public Storage | PSA | 74460D109 | $1.9M | 5.28% | 6,654 | SH |
| 8 | Alexandria Real Estate Equities Inc | ARE | 015271109 | $1.9M | 5.21% | 22,773 | SH |
| 9 | Prologis Inc | PLD | 74340W103 | $1.9M | 5.14% | 16,330 | SH |
| 10 | Essex Property Trust Inc | ESS | 297178105 | $1.9M | 5.10% | 6,930 | SH |
| 11 | Ventas Inc | VTR | 92276F100 | $1.8M | 4.83% | 25,138 | SH |
| 12 | UDR Inc | UDR | 902653104 | $1.7M | 4.66% | 45,536 | SH |
| 13 | Equity Residential | EQR | 29476L107 | $1.6M | 4.47% | 25,128 | SH |
| 14 | Phillips Edison & Co Inc | PECO | 71844V201 | $1.6M | 4.46% | 47,268 | SH |
| 15 | Veris Residential Inc | VRE | 554489104 | $1.6M | 4.41% | 105,494 | SH |
| 16 | Omega Healthcare Investors Inc | OHI | 681936100 | $1.6M | 4.26% | 36,722 | SH |
| 17 | VICI Properties Inc | VICI | 925652109 | $1.5M | 4.21% | 46,931 | SH |
| 18 | Host Hotels & Resorts Inc | HST | 44107P104 | $1.4M | 3.72% | 79,502 | SH |
| 19 | Newmark Group Inc | NMRK | 65158N102 | $1.3M | 3.62% | 70,688 | SH |
| 20 | Broadstone Net Lease Inc | BNL | 11135E203 | $1.2M | 3.37% | 68,558 | SH |
| 21 | Brixmor Property Group Inc | BRX | 11120U105 | $831.8K | 2.29% | 30,050 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-11-14 | $36.4M | 21 | 0001595907-25-000005 |
| 2025-06-30 | 2025-08-12 | $73.8M | 23 | 0001595907-25-000004 |