GRS ADVISORS, LLC Information

900 N MICHIGAN AVE, CHICAGO, Illinois, 60611, (312) 915-2900

Report Date: 03/31/2014

Position Statistics

Total Positions 37
New Positions 4
Increased Positions 23
Decreased Positions 14
Positions with Activity 37
Sold Out Positions 8
Total Mkt Value (in $ millions) 1,261

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 4.75%
Capital Goods 10.04%
Conglomerates
Consumer Cyclical 1.15%
Consumer/Non-Cyclical
Energy
Financial 4.48%
Healthcare
Services 73.45%
Technology 1.64%
Transportation
Utilities

37 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CBL & ASSOC PPTYS INC COM 88,497 2,892 3.38 4,672,500
LENNAR CORP CL A 74,056 3,562 5.05 1,999,900
MACERICH CO COM 72,675 4,000 5.82 1,099,300
SIMON PPTY GROUP INC NEW COM 69,139 3,795 5.81 406,317
STARWOOD HOTELS&RESORTS WRLDWD COM 65,186 8,269 14.53 828,500
DDR CORP COM 63,590 4,104 6.90 3,596,700
GENERAL GROWTH PPTYS INC NEW COM 63,373 -8,292 (11.57) 2,688,700
LOWES COS INC COM 62,507 20,735 49.64 1,289,600
HERSHA HOSPITALITY TR SH BEN INT A 62,475 -260 (0.41) 9,324,700
HUDSON PAC PPTYS INC COM 61,976 21,171 51.88 2,392,900
WEYERHAEUSER CO COM 59,936 3,303 5.83 1,883,600
HOME DEPOT INC COM 54,011 15,060 38.67 660,600
HILTON WORLDWIDE HLDGS INC COM 52,763 2,905 5.83 2,137,900
EAGLE MATERIALS INC COM 52,636 -30,669 (36.82) 554,000
ISTAR FINL INC COM 44,621 2,459 5.83 3,064,600
RLJ LODGING TR COM 40,695 -4,066 (9.08) 1,406,200
COLONY FINL INC COM 34,626 34,626 New 1,518,000
MARRIOTT VACATIONS WRLDWDE CP COM 33,922 1,859 5.80 587,500
VAIL RESORTS INC COM 26,642 26,642 New 346,900
BLACKSTONE MTG TR INC COM CL A 25,063 1,382 5.84 879,400