Centersquare Investment Management's Q3 vs Q4 2022: Changes in Hedge Fund's Holdings Provide Investment Insight

The Centersquare Investment Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison is a revealing look into the changes in stock holdings by one of the top hedge funds in the United States. The quarterly report shows that the fund made significant changes to its portfolio, with several holdings experiencing increases and decreases in shares and value. In this blog post, we will summarize the report and provide insights into what these changes could mean for the fund and its investors.

Prologis Trust (PLD) was one of the biggest holdings for Centersquare Investment Management LLC in Q3 2022. The fund held 6,300,385 shares, valued at $640,119,000. However, in Q4 2022, the fund increased its shares in Prologis Trust to 7,793,034, valued at $878,508,000. This represents a significant increase in both shares and value, with a change percentage of 37.2%. Prologis Trust is a real estate investment trust that invests in industrial real estate, which could mean that Centersquare Investment Management is bullish on the future of the industrial real estate market.

Equinix Inc (EQIX) was another holding that saw a significant change in the number of shares and value. In Q3 2022, the fund held 795,026 shares, valued at $452,242,000. However, in Q4 2022, the fund decreased its shares in Equinix Inc to 666,983, valued at $436,893,000. This represents a decrease in both shares and value, with a change percentage of -3.4%. Equinix Inc is a provider of colocation and interconnection services, which may suggest that Centersquare Investment Management has shifted its focus away from this industry.

Public Storage Inc (PSA) was another holding that saw a decrease in shares and value. In Q3 2022, the fund held 1,573,083 shares, valued at $460,614,000. However, in Q4 2022, the fund decreased its shares in Public Storage Inc to 1,439,760, valued at $403,406,000. This represents a decrease in both shares and value, with a change percentage of -12.4%. Public Storage Inc is a real estate investment trust that invests in self-storage facilities, which could mean that Centersquare Investment Management is less optimistic about the future of this industry.

One of the biggest increases in value for Centersquare Investment Management LLC was seen in Realty Income Corp (O). In Q3 2022, the fund held 4,331,730 shares, valued at $252,107,000. In Q4 2022, the fund increased its shares in Realty Income Corp to 6,109,668, valued at $387,536,000. This represents an increase in both shares and value, with a change percentage of 53.7%. Realty Income Corp is a real estate investment trust that invests in retail properties, which may indicate that Centersquare Investment Management is bullish on the future of the retail industry.

One of the biggest decreases in value for Centersquare Investment Management LLC was seen in American Homes 4 Rent (AMH). In Q3 2022, the fund held 7,250,500 shares, valued at $237,888,000. However, in Q4 2022, the fund decreased its shares in American Homes 4 Rent to 5,149,935, valued at $155,219,000. This represents a decrease in both shares and value, with a change percentage of -34.8%. American Homes 4 Rent is a real estate investment trust that invests in single-family rental homes, which may indicate that Centersquare Investment Management is less optimistic about the future of the single-family rental market.

In conclusion, the Centersquare Investment Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison reveals some interesting insights into the hedge fund's investment strategy. The fund has increased its holdings in some industries, such as industrial real estate and retail, while decreasing its holdings in others, such as self-storage and single-family rental homes. This could indicate that Centersquare Investment Management is bullish on the future of certain industries while less optimistic about others.