Resolution Capital Ltd 13F annual report

Resolution Capital Ltd is an investment fund managing more than $5.32 trillion ran by Karen Muspratt. There are currently 41 companies in Mrs. Muspratt’s portfolio. The largest investments include Welltower and Equinix Inc, together worth $1.28 trillion.

Limited to 30 biggest holdings

$5.32 trillion Assets Under Management (AUM)

As of 7th August 2024, Resolution Capital Ltd’s top holding is 6,818,568 shares of Welltower currently worth over $711 billion and making up 13.4% of the portfolio value. Relative to the number of outstanding shares of Welltower, Resolution Capital Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 752,265 shares of Equinix Inc worth $569 billion, whose value fell 1.6% in the past six months. The third-largest holding is Equity Residential worth $543 billion and the next is Digital Rlty Tr Inc worth $439 billion, with 2,888,372 shares owned.

Currently, Resolution Capital Ltd's portfolio is worth at least $5.32 trillion. 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 Resolution Capital Ltd

The Resolution Capital Ltd office and employees reside in Sydney, Nsw, Australia. According to the last 13-F report filed with the SEC, Karen Muspratt serves as the Chief Compliance Officer and Head of Operations at Resolution Capital Ltd.

Recent trades

In the most recent 13F filing, Resolution Capital Ltd revealed that it had opened a new position in Kinder Morgan Inc and bought 36,564 shares worth $727 million. This means they effectively own approximately 0.1% of the company. Kinder Morgan Inc makes up 100.0% of the fund's Energy sector allocation and has grown its share price by 18.4% in the past year.

The investment fund also strengthened its position in Equinix Inc by buying 435 additional shares. This makes their stake in Equinix Inc total 752,265 shares worth $569 billion. Equinix Inc soared 6.4% in the past year.

On the other hand, there are companies that Resolution Capital Ltd is getting rid of from its portfolio. Resolution Capital Ltd closed its position in American Tower on 14th August 2024. It sold the previously owned 733,847 shares for $145 billion. Karen Muspratt also disclosed a decreased stake in Welltower by approximately 0.1%. This leaves the value of the investment at $711 billion and 6,818,568 shares.

One of the largest hedge funds

The two most similar investment funds to Resolution Capital Ltd are Waverton Investment Management Ltd and Valmark Advisers. They manage $5.3 trillion and $5.33 trillion respectively.

Karen Muspratt investment strategy

Resolution Capital Ltd’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Real Estate — making up 56.8% of the total portfolio value. The fund focuses on investments in the United States as 51.2% 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 49% 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 $45.3 billion.

The complete list of Resolution Capital Ltd trades based on 13F SEC filings

These positions were updated on August 14th 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
Welltower Inc.	0.55% 6,818,568	$710,835,714,000	13.37%
Equinix Inc	0.06% 752,265	$569,163,699,000	10.71%
Equity Residential	3.16% 7,825,760	$542,638,198,000	10.21%
Digital Rlty Tr Inc	27.76% 2,888,372	$439,176,963,000	8.26%
Invitation Homes Inc	6.04% 11,085,967	$397,875,356,000	7.48%
Prologis Inc	25.58% 3,272,451	$367,528,972,000	6.91%
Ventas Inc	66.91% 7,060,253	$361,908,569,000	6.81%
Federal Rlty Invt Tr New	17.58% 2,931,422	$295,985,679,000	5.57%
CubeSmart	51.92% 4,543,222	$205,217,338,000	3.86%
Realty Income Corp.	44.01% 3,793,806	$200,388,833,000	3.77%
Essex Ppty Tr Inc	2.27% 729,315	$198,519,543,000	3.73%
American Tower Corp.	Closed 733,847	$145,000,829,000
Equity Lifestyle Pptys Inc	7.38% 2,165,971	$141,069,691,000	2.65%
Terreno Rlty Corp	62.74% 2,017,106	$119,372,333,000	2.25%
Host Hotels & Resorts Inc	47.76% 5,552,856	$99,840,351,000	1.88%
Kimco Rlty Corp	257.72% 4,899,382	$95,341,974,000	1.79%
Urban Edge Pptys	1.79% 5,153,341	$95,182,208,000	1.79%
Kilroy Rlty Corp	24.19% 2,551,868	$79,541,726,000	1.50%
Sun Cmntys Inc	19.02% 633,667	$76,255,487,000	1.43%
Essential Pptys Rlty Tr Inc	3.38% 2,579,887	$71,488,669,000	1.34%
Extra Space Storage Inc.	164.77% 416,862	$64,784,523,000	1.22%
Boston Properties Inc	9.34% 1,013,495	$62,390,752,000	1.17%
Alexandria Real Estate Eq In	26.66% 502,869	$58,820,587,000	1.11%
Healthpeak Properties Inc.	Closed 2,771,824	$51,971,700,000
UDR Inc	40.39% 992,909	$40,858,205,000	0.77%
Apple Hospitality REIT Inc	Closed 2,087,396	$34,191,546,000
NextEra Energy Inc	11.38% 29,848	$2,113,537,000	0.04%
Public Svc Enterprise Grp In	1.58% 26,384	$1,944,501,000	0.04%
Union Pac Corp	6.89% 7,599	$1,719,350,000	0.03%
Targa Res Corp	8.52% 12,936	$1,665,898,000	0.03%
Duke Energy Corp.	1.63% 16,385	$1,642,269,000	0.03%
PG&E Corp.	4.79% 89,461	$1,561,989,000	0.03%
Pnm Res Inc	3.44% 41,552	$1,535,762,000	0.03%
Avalonbay Cmntys Inc	No change 7,134	$1,475,953,000	0.03%
Dominion Energy Inc	29.00% 27,891	$1,366,659,000	0.03%
Edison Intl	11.93% 18,617	$1,336,887,000	0.03%
Xcel Energy Inc.	67.29% 21,380	$1,141,906,000	0.02%
Crown Castle Inc	9.65% 10,978	$1,072,551,000	0.02%
The Southern Co.	16.19% 11,054	$857,459,000	0.02%
Kinder Morgan Inc	Opened 36,564	$726,527,000	0.01%
Ameren Corp.	No change 10,209	$725,962,000	0.01%
SBA Communications Corp	No change 3,629	$712,373,000	0.01%
Constellation Energy Corp	54.81% 2,624	$525,508,000	0.01%
CSX Corp.	Opened 13,420	$448,899,000	0.01%
No transactions found
Showing first 500 out of 44 holdings