Heitman Real Estate Securities LLC’s Q3 vs. Q4 2022: A Closer Look at 13F Holdings Changes

Heitman Real Estate Securities LLC Q3 2022 vs. Q4 2022: A Closer Look at 13F Holdings Comparison

Real estate investment is an excellent way to diversify investment portfolios, and more investors are looking for a way to add a touch of real estate to their investment portfolios. One way to gain exposure to real estate is by investing in real estate investment trusts (REITs), which provide an opportunity for investors to invest in commercial and residential real estate properties without buying actual properties. REITs operate just like stocks, allowing investors to earn returns in the form of dividends and capital appreciation.

Heitman Real Estate Securities LLC is a global real estate investment management company that invests in properties across different sectors worldwide. In Q3 and Q4 2022, Heitman Real Estate Securities LLC made substantial changes to its 13F holdings. This blog post takes a closer look at the changes in holdings of this fund and what it might suggest about the real estate investment landscape.

Heitman Real Estate Securities LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

The 13F holdings comparison table above represents changes in the number of shares and value of shares held by Heitman Real Estate Securities LLC between Q3 and Q4 2022. The comparison shows the option type, the issuer's name, the number of shares held in Q3 2022, the number of shares held in Q4 2022, the value in thousands of dollars of the shares held in Q3 2022, the value in thousands of dollars of the shares held in Q4 2022, and the percentage change in value.

One of the most striking things to note is that Heitman Real Estate Securities LLC increased its holdings in Equinix, Inc. (EQIX) by almost 166.3%, from 88,643 shares in Q3 to 204,962 shares in Q4. This move suggests that Heitman Real Estate Securities LLC had a bullish outlook on the data center REIT, which provides mission-critical data center services to Fortune 500 companies.

Similarly, Heitman Real Estate Securities LLC increased its holdings in Kite Realty Group Trust (KRG) by 72.6%, from 3,127,480 shares in Q3 to 4,416,515 shares in Q4. KRG is a real estate investment trust that owns and operates high-quality shopping centers in the United States. Heitman Real Estate Securities LLC's increased holdings may suggest confidence in the retail real estate sector's future performance.

On the other hand, Heitman Real Estate Securities LLC decreased its holdings in Invitation Homes Inc. (INVH) by 24.4%, from 2,377,788 shares in Q3 to 2,048,709 shares in Q4. Invitation Homes is a real estate investment trust that owns single-family homes in the United States. This move may suggest that Heitman Real Estate Securities LLC had a bearish outlook on the U.S. single-family homes market in Q4 2022.

Moreover, Heitman Real Estate Securities LLC decreased its holdings in American Tower Corporation (AMT) by 49.8%, from 295,730 shares in Q3 to 150,463 shares in Q4. American Tower Corporation is a real estate investment trust that owns and operates wireless towers in the United States and internationally. This move may suggest that Heitman Real Estate Securities LLC had a bearish outlook on the global wireless tower market in Q4 2022.

Final Thoughts

Heitman Real Estate Securities LLC's 13F holdings comparison for Q3 and Q4 2022 provides a glimpse into the fund's portfolio managers' mindset as they make decisions about buy and sell decisions. This comparison suggests that Heitman Real Estate Securities LLC had a bullish outlook on Equinix Inc. and Kite Realty Group Trust and a bearish outlook on Invitation Homes Inc. and American Tower Corporation in Q4 2022. Nonetheless, it's essential to note that 13F filings provide a snapshot of a fund's holdings at a specific time, so it's not a definitive indicator of the fund's future investment strategy. Investors should conduct their research and consider their investment objectives and risk tolerance before investing in any securities.