REAL ESTATE MANAGEMENT SERVICES LLC

Q2 2014 13F-HR Holdings

Location
Naples, FL
Holdings as of
6/30/2014
Date filed
7/11/2014
Form type
13F-HR
Num holdings
48
Total value ($000)
$574,093
Net value change ($000)
+77,280 (15.6%)
New positions
4
Sold out positions
4
Turnover %
4.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2014
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
HUDSONS BAY CO NEW 10,764 NEW
IYR 9,883 67.3%
DOC DR Holdco, LLC 6,173 65.2%
WCI Communities, Inc. 5,204 46.2%
KRG 4,600 32.9%
HERSHA HOSPITALITY TRUST 4,215 21.2%
WINTHROP RLTY TR 3,695 20.2%
PLUM CREEK 2,952 15.1%
BDN 2,789 13.0%
PARKWAY PPTYS INC COM 2,767 22.1%
Top Reduces (Value $000, Stocks/ETFs)
CAMPUS CREST COMMUNITIES I -6,236 -100.0%
CBL -3,571 -100.0%
RAMCO_GERSH PFD -1,707 -28.9%
CCG -775 -100.0%
GLIMCHER REALTY TRUST -250 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type