Hill Winds Capital L.P. 13F annual report

Hill Winds Capital L.P. is an investment fund managing more than $197 billion ran by Matthew Gilman. There are currently 37 companies in Mr. Gilman’s portfolio. The largest investments include Prologis Inc and Brixmor Ppty Group Inc, together worth $26.8 billion.

Limited to 30 biggest holdings

$197 billion Assets Under Management (AUM)

As of 27th January 2023, Hill Winds Capital L.P.’s top holding is 122,500 shares of Prologis Inc currently worth over $13.8 billion and making up 7.0% of the portfolio value. Relative to the number of outstanding shares of Prologis Inc, Hill Winds Capital L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 575,000 shares of Brixmor Ppty Group Inc worth $13 billion. The third-largest holding is Healthpeak Properties Inc worth $10.9 billion and the next is Highwoods Pptys Inc worth $10.8 billion, with 385,000 shares owned.

Currently, Hill Winds Capital L.P.'s portfolio is worth at least $197 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 Hill Winds Capital L.P.

The Hill Winds Capital L.P. office and employees reside in High Falls, New York. According to the last 13-F report filed with the SEC, Matthew Gilman serves as the Chief Compliance Officer at Hill Winds Capital L.P..

Recent trades

In the most recent 13F filing, Hill Winds Capital L.P. revealed that it had opened a new position in Independence Rlty Tr Inc and bought 385,000 shares worth $6.49 billion.

The investment fund also strengthened its position in Healthpeak Properties Inc by buying 10,000 additional shares. This makes their stake in Healthpeak Properties Inc total 435,000 shares worth $10.9 billion. Healthpeak Properties Inc dropped 16.9% in the past year.

On the other hand, there are companies that Hill Winds Capital L.P. is getting rid of from its portfolio. Hill Winds Capital L.P. closed its position in Invitation Homes Inc on 3rd February 2023. It sold the previously owned 215,000 shares for $7.26 million. Matthew Gilman also disclosed a decreased stake in Prologis Inc by approximately 0.1%. This leaves the value of the investment at $13.8 billion and 122,500 shares.

One of the largest hedge funds

The two most similar investment funds to Hill Winds Capital L.P. are Delphi and Goodwin Daniel L. They manage $197 billion and $197 billion respectively.

Matthew Gilman investment strategy

Hill Winds Capital L.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Real Estate — making up 36.9% of the total portfolio value. The fund focuses on investments in the United States as 32.4% 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 16% 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 $20.7 billion.

The complete list of Hill Winds Capital L.P. trades based on 13F SEC filings

These positions were updated on February 3rd 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
Prologis Inc	6.49% 122,500	$13,809,425,000	7.01%
Brixmor Ppty Group Inc	12.88% 575,000	$13,035,250,000	6.62%
Healthpeak Properties Inc	2.35% 435,000	$10,905,450,000	5.54%
Highwoods Pptys Inc	71.11% 385,000	$10,772,300,000	5.47%
Rexford Indl Rlty Inc	48.00% 185,000	$10,108,400,000	5.13%
Public Storage	22.50% 31,000	$8,685,890,000	4.41%
Essential Pptys Rlty Tr Inc	22.81% 350,000	$8,214,500,000	4.17%
NetSTREIT Corp.	17.14% 435,000	$7,973,550,000	4.05%
Spirit Rlty Cap Inc New	5.00% 190,000	$7,586,700,000	3.85%
Sun Cmntys Inc	5.00% 52,500	$7,507,500,000	3.81%
Independence Rlty Tr Inc	Opened 385,000	$6,491,100,000	3.30%
Simon Ppty Group Inc New	Opened 55,000	$6,461,400,000	3.28%
Healthcare Rlty Tr	10.45% 300,000	$5,781,000,000	2.94%
Life Storage Inc	8.33% 55,000	$5,417,500,000	2.75%
Acadia Rlty Tr	1,400.00% 375,000	$5,381,250,000	2.73%
Stag Indl Inc	100.00% 150,000	$4,846,500,000	2.46%
Kite Rlty Group Tr	Opened 220,000	$4,631,000,000	2.35%
Ventas Inc	No change 100,000	$4,505,000,000	2.29%
Douglas Emmett Inc	16.18% 285,000	$4,468,800,000	2.27%
Host Hotels & Resorts Inc	22.22% 275,000	$4,413,750,000	2.24%
Broadstone Net Lease, Inc.	Opened 265,000	$4,295,650,000	2.18%
Wyndham Hotels & Resorts Inc	40.00% 60,000	$4,278,600,000	2.17%
Boston Properties, Inc.	55.36% 62,500	$4,223,750,000	2.15%
Apartment Income REIT Corp.	Opened 115,000	$3,945,650,000	2.00%
Essex Ppty Tr Inc	64.76% 18,500	$3,920,520,000	1.99%
Kilroy Rlty Corp	29.82% 100,000	$3,867,000,000	1.96%
Camden Ppty Tr	Opened 30,000	$3,356,400,000	1.70%
Digital Rlty Tr Inc	62.50% 30,000	$3,008,100,000	1.53%
Sunstone Hotel Invs Inc New	200.00% 300,000	$2,898,000,000	1.47%
Regency Ctrs Corp	46.67% 40,000	$2,500,000,000	1.27%
Vici Pptys Inc	48.00% 65,000	$2,106,000,000	1.07%
Sl Green Rlty Corp	Opened 55,000	$1,854,600,000	0.94%
Ryman Hospitality Pptys Inc	43.75% 22,500	$1,840,050,000	0.93%
Getty Rlty Corp New	83.33% 40,000	$1,354,000,000	0.69%
Empire St Rlty Tr Inc	78.82% 180,000	$1,213,200,000	0.62%
Omega Healthcare Invs Inc	70.00% 30,000	$838,500,000	0.43%
Industrial Logistics Pptys T	Opened 125,000	$408,750,000	0.21%
Invitation Homes Inc	Closed 215,000	$7,261,000
Avalonbay Cmntys Inc	Closed 27,500	$5,065,000
CubeSmart	Closed 115,000	$4,607,000
Pebblebrook Hotel Tr	Closed 275,000	$3,990,000
RPT Realty	Closed 375,000	$2,835,000
Centerspace	Closed 40,000	$2,693,000
Urban Edge Pptys	Closed 200,000	$2,668,000
Federal Rlty Invt Tr New	Closed 27,500	$2,478,000
Equity Residential	Closed 30,000	$2,017,000
Hyatt Hotels Corporation	Closed 20,000	$1,619,000
Retail Opportunity Invts Cor	Closed 100,000	$1,376,000
No transactions found
Showing first 500 out of 48 holdings