Cornerstone Real Estate Advisers LLC

Q1 2014 13F-HR Holdings

Location
Hartford, CT
Holdings as of
3/31/2014
Date filed
5/14/2014
Form type
13F-HR
Num holdings
50
Total value ($000)
$130,904
Net value change ($000)
-10,057 (-7.1%)
New positions
11
Sold out positions
10
Turnover %
52.7%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
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)
PLD 5,277 160.9%
AMERICAN CAMPUS COMMUNITIES INC 4,941 NEW
ESS 3,425 NEW
EDUCATION REALTY TRUST INC 3,098 NEW
AIV 2,608 NEW
HCP Inc 1,729 NEW
CUBE 1,705 116.9%
GLIMCHER REALTY TRUST COM 1,612 NEW
EXR 1,532 60.7%
SPG 1,395 10.0%
Top Reduces (Value $000, Stocks/ETFs)
RLJ -27,536 -100.0%
DCT INDUSTRIAL TRUST INC COM -4,459 -100.0%
WY -4,018 -100.0%
BRE PROPERTIES INC -3,474 -100.0%
AVB -2,473 -100.0%
SHO -2,213 -100.0%
*POST PPTYS INC -1,735 -100.0%
FR -1,013 -32.6%
DDR CORP -938 -100.0%
SPIRIT REALTY CAPITAL, INC. -779 -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