Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Inventrust Properties Corp. for the reporting period ending March 31, 2016. The document discloses the company's equity holdings in other issuers as required by the Securities and Exchange Commission. It does not contain Inventrust Properties Corp.'s own financial performance data (revenue, profit, or cash flow).
Key Financial Metrics and Holdings
The filing details the value and quantity of securities held by Inventrust Properties Corp. at the end of the quarter. All reported voting authority is classified as Sole.
| Issuer Name | Security Class | Shares/Principal Amount | Value ($000s) |
|---|---|---|---|
| Xenia Hotels & Resorts Inc | Common | 5,669,893 | 88,564 |
| Cedar Realty Trust Inc | Common (New) | 5,449,188 | 39,398 |
| Investors Real Estate Trust | Shares of Beneficial Interest | 550,526 | 3,997 |
| Medical Properties Trust Inc | Common | 372,885 | 4,840 |
| Franklin Street Properties Corp | Common | 320,425 | 3,400 |
| Alexandria Real Estate Eq | Preferred Convertible Series D | 131,037 | 3,833 |
| One Liberty Properties Inc | Common | 173,756 | 3,894 |
| Healthcare Realty Trust | Common | 143,500 | 4,433 |
| Annaly Capital Mgmt Inc | Common | 146,000 | 1,498 |
| LTC Properties Inc | Common | 104,067 | 4,708 |
| Hersha Hospitality Trust | Preferred Shares of Beneficial Interest | 188,299 | 4,018 |
| Welltower Inc | Common | 88,800 | 6,157 |
| Getty Realty Corp | Common (New) | 71,368 | 1,415 |
| Omega Healthcare Investors Inc | Common | 66,153 | 2,335 |
| Realty Income Corp | Common | 47,000 | 2,938 |
| DiamondRock Hospitality Co | Common | 42,412 | 429 |
| Government Properties Income Trust | Common Shares of Beneficial Interest | 29,140 | 520 |
| AG Mortgage Investment Trust Inc | Common | 25,000 | 327 |
| Ramco-Gershenson Properties Trust | Perpetual Preferred-D Convertible | 20,026 | 1,308 |
| Independence Realty Trust Inc | Common | 4,979 | 35 |
| RMR Group Inc | Class A | 314 | 8 |
Material Changes
The filing text does not provide comparative data for the prior quarter (December 31, 2015). Therefore, material changes in holdings, increases, or decreases cannot be determined from this document alone.
Guidance, Outlook, and Risks
This Form 13F is a statutory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingencies regarding Inventrust Properties Corp.'s operations or future outlook.
Important Facts for Investors to Verify
- Portfolio Concentration: Verify the total value of the reported portfolio against the company's total assets to understand the weight of these specific equity positions.
- Top Holdings: Confirm the strategic rationale for the two largest positions by value: Xenia Hotels & Resorts Inc ($88.6M) and Cedar Realty Trust Inc ($39.4M).
- Asset Class Mix: Note the heavy concentration in Real Estate Investment Trusts (REITs) and mortgage-related entities, which may indicate specific sector exposure risks.
- Voting Rights: All listed securities are held with Sole voting discretion, indicating full control over voting decisions for these positions.