Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Digitalbridge Group, Inc. for the reporting period ending March 31, 2022. The document discloses the company's holdings of equity securities and certain derivatives as of the end of the quarter. It does not contain operational financial statements, revenue data, or management commentary regarding the company's own business performance.
Key Financial Metrics and Portfolio Composition
As a Form 13F filing, this document reports investment positions rather than corporate financial metrics such as revenue, profit, or cash flow. The filing details the following portfolio characteristics:
- Asset Class: Primarily common stock (SH) and preferred stock (PRN), with some call options.
- Investment Discretion: Positions are categorized by discretion type (Sole, Shared, or None) and management codes (DFND 1, 2, 3, 4).
- Valuation: Values are reported in thousands of dollars (Column 4).
- Top Holdings by Reported Value (Sample):
- Alexander & Baldwin Inc: Multiple positions totaling approximately $5.03 million.
- American Tower Corp: Multiple positions totaling approximately $4.63 million.
- Crown Castle Intl Corp: Multiple positions totaling approximately $7.04 million.
- Equinix Inc: Multiple positions totaling approximately $7.10 million.
- Equity Lifestyle Pptys Inc: Multiple positions totaling approximately $6.92 million.
- Indus Realty Trust Inc: Multiple positions totaling approximately $6.22 million.
- Kite Rlty Group Tr: Multiple positions totaling approximately $5.08 million.
- MGM Growth Pptys LLC: Multiple positions totaling approximately $13.93 million.
- Rexford Indl Rlty Inc: Multiple positions totaling approximately $9.15 million.
- Sun Cmnty Inc: Multiple positions totaling approximately $6.82 million.
- Sunstone Hotel Invs Inc: Multiple positions totaling approximately $4.03 million.
- Switch Inc: Multiple positions totaling approximately $4.71 million.
- Terreno Rlty Corp: Multiple positions totaling approximately $6.07 million.
- TPG RE Fin Tr Inc: Multiple positions totaling approximately $3.10 million.
- Uniti Group Inc: Multiple positions totaling approximately $2.42 million.
- Vnet Group Inc: Multiple positions totaling approximately $2.15 million.
- Vodafone Group PLC: Multiple positions totaling approximately $1.01 million.
- Whitestone Reit: Multiple positions totaling approximately $3.88 million.
Material Changes Versus Prior Period
The filing text provided contains only the snapshot of holdings as of March 31, 2022. It does not include comparative data from the prior quarter (December 31, 2021). Therefore, material changes in position size, new acquisitions, or divestitures cannot be determined from this document alone.
Guidance, Outlook, and Risks
This filing type does not contain guidance, outlook, management commentary, or risk factors. It is a regulatory disclosure of securities held. The document includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Portfolio Concentration: Verify the total aggregate value of the portfolio to understand the scale of Digitalbridge's investment activity relative to its balance sheet.
- REIT Exposure: Note the significant concentration in Real Estate Investment Trusts (REITs) and hospitality/real estate operators (e.g., MGM Growth, Sunstone, Sun Communities, Alexander & Baldwin).
- Derivative Usage: Confirm the extent of call option positions (e.g., American Tower, Crown Castle, Equinix, VICI Properties) to assess leverage or hedging strategies.
- Discretion Codes: Investigate the meaning of "DFND 1, 2, 3, 4" in the context of Digitalbridge's specific fund structures to understand which accounts hold these assets.
- Missing Financials: Do not use this document to assess Digitalbridge Group's own profitability, debt levels, or liquidity; refer to their 10-Q or 10-K filings for that data.