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Barings Real Estate Advisers LLC

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$294.3M

Reporting period: 2016-12-31 · Number of holdings: 38

Barings Real Estate Advisers LLC disclosed 38 holdings in its latest 13F filing for the period ending 2016-12-31, with total reported value of $294.3M and a quarterly turnover rate of 49.0%.

Personality snowflake

Concentration
15.21
Portfolio Stability
49.04
Momentum/Contrarian
100
Sector conviction
100
Diversification
76
Sizing Uniformity
93.24

Recent moves

  • Trim EQIX

    -90.9%　-$12.8M

  • Trim VTR

    -31.8%　-$9.2M

  • Add MAA

    +61.1%　$6.3M

  • Trim CONE1EUR

    -48.0%　-$8.3M

  • Trim SPG

    -14.6%　-$7.1M

  • Add HLT

    +54.0%　$3.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SPGSimon Property Group INCStock-Real Estate6.63%-1.70%-14.65%
2PLDPrologis INCStock-Real Estate6.17%-0.41%-12.38%
3MAAMid-america Apartment CommStock-Real Estate5.33%+2.41%+61.07%
4EXRExtra Space Storage INCStock-Real Estate4.94%+4.94%NEW
5MACMacerich Co/theStock-Other4.87%+0.56%+18.72%
6BXPBxp INCStock-Real Estate4.83%+0.22%+4.40%
7VTRVentas INCStock-Real Estate4.75%-2.49%-31.85%
8WELLWelltower INCStock-Real Estate4.71%+0.56%+16.85%
9ACCUSDAmerican Campus CommunitiesStock-Other4.60%+0.27%+0.05%
10DREUSDDuke Realty CORPStock-Other3.56%+0.93%+28.13%
11KRCKilroy Realty CORPStock-Real Estate3.49%+0.82%+13.77%
12DOCUSDPhysicians Realty TrustStock-Other3.29%+0.99%+49.47%
13AVBAvalonbay Communities INCStock-Real Estate3.25%+1.18%+45.37%
14HPPHudson Pacific Properties, Inc.Stock-Other2.98%+2.98%NEW
15AKRAcadia Realty TrustStock-Other2.98%—+2.04%
16OKEONEOK, Inc.Stock-Energy2.87%+0.49%+10.58%
17✓ Spirit Realty Capital IncStock-Other2.77%-0.08%+9.80%
18CONE1EURCyrusone INCStock-Other2.72%-2.39%-47.96%
19HLTHilton Worldwide Holdings Inc.Stock-Consumer Disc2.54%+1.26%+54.00%
20REGRegency Centers CORPStock-Real Estate2.38%-0.06%+0.99%
21FRFirst Industrial Realty TrStock-Real Estate2.35%-0.33%-18.70%
226PMParamount Group INCStock-Other2.16%+0.11%-0.42%
23CBANColony Bankcorp, Inc.Stock-Other2.07%+2.07%NEW
24HIWHighwoods Properties INCStock-Real Estate1.88%+0.08%-1.97%
25AMHAmerican Homes 4 Rent- AStock-Real Estate1.84%+1.84%NEW
26TCOTaubman Centers INCStock-Other1.61%-0.01%-7.68%
27GEOGeo Group Inc/theStock-Other1.46%+0.68%+14.92%
28S76Store Capital CORPStock-Other1.44%+0.14%+21.80%
29✓ Stock-Other1.34%+0.28%+31.26%
30SKTTanger INCStock-Real Estate1.28%-0.04%-2.38%
31ADCAgree Realty CORPStock-Real Estate0.85%+0.85%NEW
32EQIXEquinix INCStock-Real Estate0.43%-3.99%-90.91%
33BDNBrandywine Realty TrustStock-Other0.33%-0.93%-77.30%
34DRHDiamondrock Hospitality CoStock-Other0.33%+0.17%+52.83%
35SHOSunstone Hotel Investors INCStock-Other0.30%+0.30%NEW
36NHINatl Health Investors INCStock-Other0.26%-0.01%-7.10%
37NNNNnn Reit INCStock-Real Estate0.22%+0.22%NEW
38✓ Felcor Lodging Tr INCStock-Other0.18%-0.08%-49.64%

Holding changes this quarter

Barings Real Estate Advisers LLC's most significant position changes for 2016-12-31: New buy: Extra Space Storage INC (EXR); Sold out: Camden Property Trust (CPT); New buy: Hudson Pacific Properties, Inc. (HPP); Sold out: Qts Realty Trust Inc-cl A (QTS); Sold out: Brixmor Property Group INC (BRX).

Position changes disclosed by Barings Real Estate Advisers LLC for the quarter ending 2016-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1MAAMid-america Apartment Comm+2.4%+61.07%Add
2HLTHilton Worldwide Holdings Inc.+1.3%+54.00%Add
3AVBAvalonbay Communities INC+1.2%+45.37%Add
4DOCUSDPhysicians Realty Trust+1%+49.47%Add
5DREUSDDuke Realty CORP+0.9%+28.13%Add
6KRCKilroy Realty CORP+0.8%+13.77%Add
7GEOGeo Group Inc/the+0.7%+14.92%Add
8WELLWelltower INC+0.6%+16.85%Add
9MACMacerich Co/the+0.6%+18.72%Add
10OKEONEOK, Inc.+0.5%+10.58%Add
11✓ +0.3%+31.26%Add
12ACCUSDAmerican Campus Communities+0.3%+0.05%Add
13BXPBxp INC+0.2%+4.40%Add
14DRHDiamondrock Hospitality Co+0.2%+52.83%Add
15S76Store Capital CORP+0.1%+21.80%Add
166PMParamount Group INC+0.1%-0.42%Trim
17HIWHighwoods Properties INC+0.1%-1.97%Trim
18AKRAcadia Realty Trust—+2.04%Add
19TCOTaubman Centers INC0%-7.68%Trim
20NHINatl Health Investors INC0%-7.10%Trim
21SKTTanger INC0%-2.38%Trim
22REGRegency Centers CORP-0.1%+0.99%Add
23✓ Spirit Realty Capital Inc-0.1%+9.80%Add
24✓ Felcor Lodging Tr INC-0.1%-49.64%Trim
25FRFirst Industrial Realty Tr-0.3%-18.70%Trim
26PLDPrologis INC-0.4%-12.38%Trim
27BDNBrandywine Realty Trust-0.9%-77.30%Trim
28SPGSimon Property Group INC-1.7%-14.65%Trim
29CONE1EURCyrusone INC-2.4%-47.96%Trim
30VTRVentas INC-2.5%-31.85%Trim
31EQIXEquinix INC-4%-90.91%Trim
32EXRExtra Space Storage INC—NEWNew buy
33CPTCamden Property Trust—EXITSold out
34HPPHudson Pacific Properties, Inc.—NEWNew buy
35QTSQts Realty Trust Inc-cl A—EXITSold out
36BRXBrixmor Property Group INC—EXITSold out
37CBANColony Bankcorp, Inc.—NEWNew buy
38POSTPost Holdings, Inc.—EXITSold out
39AMHAmerican Homes 4 Rent- A—NEWNew buy
40SLG2EURSl Green Realty CORP—EXITSold out
41EQREquity Residential—EXITSold out
42ADCAgree Realty CORP—NEWNew buy
43SHOSunstone Hotel Investors INC—NEWNew buy
44NNNNnn Reit INC—NEWNew buy
45CHSPChesapeake Lodging Trust—EXITSold out

FAQ

What is Barings Real Estate Advisers LLC and what type of investor is it?
Barings Real Estate Advisers LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2016-12-31), the firm manages a tracked equity portfolio valued at approximately $294.3M, spread across 38 disclosed positions.
What are Barings Real Estate Advisers LLC's largest equity positions?
Based on the latest 13F filing, Barings Real Estate Advisers LLC's top holdings by market value are: 1. Simon Property Group INC (SPG) — $19.5M (6.6%) 2. Prologis INC (PLD) — $18.2M (6.2%) 3. Mid-america Apartment Comm (MAA) — $15.7M (5.3%) 4. Extra Space Storage INC (EXR) — $14.5M (4.9%) 5. Macerich Co/the (MAC) — $14.3M (4.9%)
What changes did Barings Real Estate Advisers LLC make in its most recent portfolio filing?
In the latest reported quarter, Barings Real Estate Advisers LLC made 45 notable position adjustments: 7 new positions were initiated, 18 existing holdings were added to, 13 positions were partially reduced, and 7 were completely exited. The largest of these moves: New buy: Extra Space Storage INC (EXR); Sold out: Camden Property Trust (CPT); New buy: Hudson Pacific Properties, Inc. (HPP); Sold out: Qts Realty Trust Inc-cl A (QTS); Sold out: Brixmor Property Group INC (BRX)
What sectors does Barings Real Estate Advisers LLC focus on?
Barings Real Estate Advisers LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Consumer Discretionary: 100.0%