Real Estate Management Services 13F annual report
Real Estate Management Services is an investment fund managing more than $167 million ran by Karen Lamonge. There are currently 37 companies in Mrs. Lamonge’s portfolio. The largest investments include Kennedy Wilson Hldgs and Brandywine Realty Trust, together worth $18 million.
$167 million Assets Under Management (AUM)
As of 6th January 2022, Real Estate Management Services’s top holding is 382,300 shares of Kennedy Wilson Hldgs currently worth over $9.13 million and making up 5.5% of the portfolio value.
In addition, the fund holds 659,700 shares of Brandywine Realty Trust worth $8.85 million, whose value grew 1.5% in the past six months.
The third-largest holding is Healthcare Trust of America Inc worth $8.81 million and the next is Brixmor Property Inc worth $8.05 million, with 316,700 shares owned.
Currently, Real Estate Management Services's portfolio is worth at least $167 million. 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 Real Estate Management Services
The Real Estate Management Services office and employees reside in Naples, Florida. According to the last 13-F report filed with the SEC, Karen Lamonge serves as the Director of Operations at Real Estate Management Services.
Recent trades
In the most recent 13F filing, Real Estate Management Services revealed that it had opened a new position in
Starwood Property Trust Inc and bought 113,700 shares worth $2.76 million.
This means they effectively own approximately 0.1% of the company.
Starwood Property Trust Inc makes up
3.0%
of the fund's Real Estate sector allocation and has grown its share price by 35.5% in the past year.
The investment fund also strengthened its position in CatchMark Timber Trust Inc by buying
152,000 additional shares.
This makes their stake in CatchMark Timber Trust Inc total 779,400 shares worth $6.79 million.
CatchMark Timber Trust Inc dropped 11.5% in the past year.
On the other hand, there are companies that Real Estate Management Services is getting rid of from its portfolio.
Real Estate Management Services closed its position in Wpt Industrial on 13th January 2022.
It sold the previously owned 271,000 shares for $5.88 million.
Karen Lamonge also disclosed a decreased stake in Kennedy Wilson Hldgs by approximately 0.1%.
This leaves the value of the investment at $9.13 million and 382,300 shares.
One of the smallest hedge funds
The two most similar investment funds to Real Estate Management Services are Regal Wealth and Constitution Capital. They manage $167 million and $167 million respectively.
Karen Lamonge investment strategy
Real Estate Management Services’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Real Estate — making up 56.2% of
the total portfolio value.
The fund focuses on investments in the United States as
43.2% 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
3% 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 $5.27 billion.
The complete list of Real Estate Management Services trades based on 13F SEC filings
These positions were updated on January 13th 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 |
|---|---|---|---|
| Kennedy Wilson Hldgs |
6.76%
382,300
|
$9,129,000 | 5.48% |
| Brandywine Realty Trust |
1.02%
659,700
|
$8,853,000 | 5.32% |
| Healthcare Trust of America Inc |
19.37%
263,900
|
$8,812,000 | 5.29% |
| Brixmor Property Group Inc |
1.12%
316,700
|
$8,047,000 | 4.83% |
| Apartment Income REIT Corp. |
7.99%
137,000
|
$7,490,000 | 4.50% |
| UMH Properties Inc |
5.62%
263,800
|
$7,210,000 | 4.33% |
| STAG Industrial Inc |
2.21%
150,300
|
$7,208,000 | 4.33% |
| Healthpeak Properties Inc |
4.62%
193,900
|
$6,998,000 | 4.20% |
| CatchMark Timber Trust Inc |
24.23%
779,400
|
$6,789,000 | 4.08% |
| Spirit Realty Capital Inc |
7.64%
133,800
|
$6,448,000 | 3.87% |
| Regency Center |
12.17%
83,000
|
$6,254,000 | 3.76% |
| American Campus |
42.15%
108,600
|
$6,222,000 | 3.74% |
| Wpt Industrial |
Closed
271,000
|
$5,875,000 | |
| Urban Edge Properties |
5.80%
260,700
|
$4,953,000 | 2.97% |
| Phillips Edison Co |
0.99%
149,282
|
$4,932,000 | 2.96% |
| Alexander Baldwin, Inc. |
0.95%
182,636
|
$4,582,000 | 2.75% |
| Vornado Realty Trust |
No change
102,700
|
$4,299,000 | 2.58% |
| Alexanders Inc. |
No change
14,676
|
$3,820,000 | 2.29% |
| Irt Property Co. |
27.16%
146,400
|
$3,782,000 | 2.27% |
| Bsr Reit |
No change
209,200
|
$3,706,000 | 2.23% |
| City Office REIT Inc |
21.36%
187,010
|
$3,688,000 | 2.21% |
| Hersha Hospitality |
1.23%
398,228
|
$3,652,000 | 2.19% |
| Veris Residential Inc. |
1.30%
198,000
|
$3,639,000 | 2.19% |
| Ryman Hospitality |
6.94%
38,900
|
$3,577,000 | 2.15% |
| Howard Hughes Corporation |
16.59%
34,690
|
$3,531,000 | 2.12% |
| Rpt Realty Pr D Conv |
1.69%
58,085
|
$3,422,000 | 2.06% |
| Digitalbridge Group Inc |
28.09%
368,200
|
$3,067,000 | 1.84% |
| R.e. Select Sector Spdr |
8.67%
59,000
|
$3,057,000 | 1.84% |
| Century Communities Inc |
16.44%
37,100
|
$3,034,000 | 1.82% |
| Avalon Bay |
15.64%
11,870
|
$2,998,000 | 1.80% |
| iStar Inc |
8.24%
113,600
|
$2,934,000 | 1.76% |
| Starwood Property Trust Inc |
Opened
113,700
|
$2,763,000 | 1.66% |
| Forestar Group Inc |
17.98%
125,902
|
$2,738,000 | 1.64% |
| Lexington Realty Pr C |
6.49%
20,174
|
$1,256,000 | 0.75% |
| Rlj Lodging Trust Pr A |
No change
57,300
|
$1,648,000 | 0.99% |
| Inventrust Property |
Opened
30,800
|
$840,000 | 0.50% |
| Physicians Realty Trust |
26.27%
42,300
|
$797,000 | 0.48% |
| Cousins Property |
10.53%
8,400
|
$338,000 | 0.20% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
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