Waterfront Capital Partners 13F annual report

Waterfront Capital Partners is an investment fund managing more than $779 billion ran by Andrew Katz. There are currently 29 companies in Mr. Katz’s portfolio. The largest investments include Digital Rlty Tr Inc and UDR Inc, together worth $108 billion.

$779 billion Assets Under Management (AUM)

As of 7th August 2024, Waterfront Capital Partners’s top holding is 403,359 shares of Digital Rlty Tr Inc currently worth over $61.3 billion and making up 7.9% of the portfolio value. In addition, the fund holds 1,123,755 shares of UDR Inc worth $46.2 billion, whose value grew 19.6% in the past six months. The third-largest holding is Eastgroup Pptys Inc worth $45.9 billion and the next is Stag Indl Inc worth $44.6 billion, with 1,237,222 shares owned.

Currently, Waterfront Capital Partners's portfolio is worth at least $779 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Waterfront Capital Partners

The Waterfront Capital Partners office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Andrew Katz serves as the Chief Financial Officer at Waterfront Capital Partners.

Recent trades

In the most recent 13F filing, Waterfront Capital Partners revealed that it had opened a new position in Digital Rlty Tr Inc and bought 403,359 shares worth $61.3 billion.

The investment fund also strengthened its position in UDR Inc by buying 209,507 additional shares. This makes their stake in UDR Inc total 1,123,755 shares worth $46.2 billion. UDR Inc soared 6.8% in the past year.

On the other hand, there are companies that Waterfront Capital Partners is getting rid of from its portfolio. Waterfront Capital Partners closed its position in Rexford Indl Rlty Inc on 14th August 2024. It sold the previously owned 1,021,626 shares for $57.3 billion. Andrew Katz also disclosed a decreased stake in Stag Indl Inc by 0.1%. This leaves the value of the investment at $44.6 billion and 1,237,222 shares.

One of the average hedge funds

The two most similar investment funds to Waterfront Capital Partners are Shawspring Partners and Klcm Advisors. They manage $779 billion and $779 billion respectively.

Andrew Katz investment strategy

Waterfront Capital Partners’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Real Estate — making up 32.0% of the total portfolio value. The fund focuses on investments in the United States as 37.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 24% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $32.9 billion.

The complete list of Waterfront Capital Partners trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Digital Rlty Tr Inc	Opened 403,359	$61,330,736,000	7.88%
Rexford Indl Rlty Inc	Closed 1,021,626	$57,313,219,000
Regency Ctrs Corp	Closed 838,792	$56,199,064,000
SBA Communications Corp	Closed 218,409	$55,408,179,000
UDR Inc	22.92% 1,123,755	$46,242,518,000	5.94%
Eastgroup Pptys Inc	Opened 269,653	$45,867,975,000	5.89%
Stag Indl Inc	13.19% 1,237,222	$44,614,225,000	5.73%
Sun Cmntys Inc	Closed 319,957	$42,762,253,000
Independence Rlty Tr Inc	13.54% 2,257,341	$42,302,570,000	5.43%
Iron Mtn Inc Del	Opened 437,733	$39,229,631,000	5.04%
Ventas Inc	26.57% 750,910	$38,491,647,000	4.94%
Americold Realty Trust Inc	19.34% 1,474,944	$37,670,070,000	4.84%
Federal Rlty Invt Tr New	Opened 364,162	$36,769,437,000	4.72%
Kilroy Rlty Corp	Closed 889,596	$35,441,505,000
American Homes 4 Rent	37.98% 947,645	$35,214,488,000	4.52%
LXP Industrial Trust	Closed 3,485,803	$34,579,166,000
American Tower Corp.	14.09% 174,940	$34,004,837,000	4.37%
Vici Pptys Inc	Closed 1,047,582	$33,396,914,000
Healthcare Rlty Tr	38.32% 1,853,543	$30,546,389,000	3.92%
Tanger Inc.	29.13% 1,088,105	$29,498,527,000	3.79%
Omega Healthcare Invs Inc	Opened 826,294	$28,300,570,000	3.63%
Boston Properties Inc	19.60% 415,769	$25,594,740,000	3.29%
Wp Carey Inc	38.79% 463,979	$25,542,044,000	3.28%
Hudson Pac Pptys Inc	Closed 2,454,099	$22,847,662,000
Cousins Pptys Inc	Opened 982,449	$22,743,694,000	2.92%
Healthpeak Properties Inc.	25.89% 1,157,306	$22,683,198,000	2.91%
National Health Invs Inc	Closed 391,453	$21,862,650,000
Brookdale Sr Living Inc	12.47% 3,109,771	$21,239,736,000	2.73%
Equity Residential	Closed 331,999	$20,305,059,000
Ryman Hospitality Pptys Inc	Closed 160,779	$17,695,337,000
Apartment Invt & Mgmt Co	Closed 2,240,598	$17,543,882,000
Retail Opportunity Invts Cor	Closed 1,244,481	$17,460,068,000
Site Ctrs Corp	Opened 1,162,602	$16,857,729,000	2.16%
Starwood Ppty Tr Inc	Closed 761,051	$15,997,292,000
Prologis Inc	Opened 139,968	$15,719,806,000	2.02%
First Indl Rlty Tr Inc	Closed 286,444	$15,087,005,000
Copt Defense Properties	Opened 592,097	$14,820,188,000	1.90%
Macerich Co.	Closed 946,805	$14,609,201,000
Brixmor Ppty Group Inc	Opened 574,572	$13,266,867,000	1.70%
Vesta Real Estate Corp	38.59% 436,856	$13,101,311,000	1.68%
Empire St Rlty Tr Inc	Opened 1,243,056	$11,659,865,000	1.50%
Cbre Group Inc	Closed 118,305	$11,013,012,000
Extra Space Storage Inc.	62.04% 69,361	$10,779,393,000	1.38%
Park Hotels & Resorts Inc	66.05% 562,075	$8,419,884,000	1.08%
Tricon Residential Inc	Closed 798,252	$7,264,093,000
Safehold Inc.	Closed 211,397	$4,946,690,000
Equinix Inc	77.80% 6,026	$4,559,272,000	0.59%
Inspired Entmt Inc	Closed 386,849	$3,822,068,000
Net Lease Office Properties	Closed 144,547	$2,671,229,000
Amc Entmt Hldgs Inc	Opened 332,833	$1,657,508,000	0.21%
No transactions found
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