— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Long Pond Capital, LP

Q4 2025 · Filed 2026-02-13
Market Value
$838M
-32.1%
Holdings
36
New Purchases
10
Added To
8
Closed
7
Reduced
9
Top 10 Concentration
63.7%
Turnover
47.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PLD 5.33% 0.03% +5.30% $45M
GLPI 5.30% 0.00% +5.30% $44M
COMP 6.30% 1.01% +5.30% $53M
SEAS 3.70% 0.00% +3.70% $31M
WH 3.04% 0.00% +3.04% $26M
AVB 3.03% 0.00% +3.03% $25M
ARE 2.80% 0.00% +2.80% $23M
JBGS 8.42% 5.82% +2.60% $71M
CSR 3.53% 1.02% +2.52% $30M
TRTX 7.22% 4.78% +2.44% $61M
CZR 4.13% 2.10% +2.03% $35M
TREX 2.03% 0.00% +2.03% $17M
HGV 3.91% 2.19% +1.71% $33M
NXRT 3.03% 1.42% +1.61% $25M
CUBE 1.49% 0.00% +1.49% $13M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CPT 0.70% 16.83% -16.12% $6M
IRT 2.09% 16.33% -14.24% $17M
TMHC 0.00% 7.38% -7.38% $0
AMH 0.00% 4.21% -4.21% $0
LXP 0.00% 2.76% -2.76% $0
ELS 0.00% 1.74% -1.74% $0
MHO 1.09% 2.66% -1.58% $9M
PLYM 0.00% 0.89% -0.89% $0
NSA 8.72% 9.41% -0.69% $73M
MTH 0.00% 0.27% -0.27% $0
KREF 1.53% 1.69% -0.16% $13M
MAA 0.66% 0.76% -0.11% $6M
EQR 0.00% 0.11% -0.11% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 9 $159M 18.9%
Mid Cap 17 $417M 49.8%
Small Cap 9 $251M 30.0%
Micro Cap 1 $11M 1.4%

Portfolio Analytics

Avg Market Cap
$10.1B
Median Market Cap
$4.1B
Avg P/E
47.8
Median P/E
26.1
Avg Dividend Yield
0.04%
Avg Beta
1.18
# Stocks
36
# ETFs / Funds
0

Top Holdings (36 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 COLD 8.94% 5,824,989 $75M $12.86 -$20M -1,931,304 -24.9%
2 NSA 8.72% 2,591,313 $73M $28.21 -$43M -1,254,976 -32.6%
3 JBGS 8.42% 4,147,399 $71M $17.01 -$1M +918,505 +28.4%
4 TRTX 7.22% 7,032,626 $61M $8.61 $1M +134,000 +1.9%
5 COMP 6.30% 5,000,000 $53M $10.57 $40M +3,450,000 +222.6%
6 INN 5.46% 9,400,000 $46M $4.87 -$6M
7 PLD 5.33% 350,000 $45M $127.66 $44M +346,684 +10454.9%
8 GLPI 5.30% 993,810 $44M $44.69 +993,810 NEW
9 CZR 4.13% 1,479,336 $35M $23.39 $9M +520,161 +54.2%
10 HGV 3.91% 732,021 $33M $44.75 $6M +84,000 +13.0%
11 H 3.89% 203,489 $33M $160.32 -$12M -114,100 -35.9%
12 SEAS 3.70% 855,000 $31M $36.30 +855,000 NEW
13 CSR 3.53% 444,101 $30M $66.72 $17M +230,638 +108.0%
14 WH 3.04% 337,800 $26M $75.56 +337,800 NEW
15 AVB 3.03% 140,000 $25M $181.31 +140,000 NEW
16 NXRT 3.03% 842,870 $25M $30.10 $8M +298,781 +54.9%
17 ARE 2.80% 479,200 $23M $48.94 +479,200 NEW
18 IRT 2.09% 1,000,578 $17M $17.48 -$184M -11,301,106 -91.9%
19 TREX 2.03% 484,286 $17M $35.08 +484,286 NEW
20 KREF 1.53% 1,563,088 $13M $8.22 -$8M -758,584 -32.7%
21 CUBE 1.49% 346,928 $13M $36.05 +346,928 NEW
22 SMRT 1.35% 5,610,150 $11M $2.02 $3M -455,943 -7.5%
23 MHO 1.09% 71,096 $9M $127.95 -$24M -156,501 -68.8%
24 LINE 0.77% 184,158 $6M $35.00 +184,158 NEW
25 SLG 0.76% 138,230 $6M $45.87 +138,230 NEW
26 CPT 0.70% 53,679 $6M $110.08 -$202M -1,892,019 -97.2%
27 MAA 0.66% 39,723 $6M $138.91 -$4M -27,820 -41.2%
28 SHO 0.52% 485,237 $4M $8.94 -$209K
29 VRE 0.27% 150,000 $2M $14.88 +150,000 NEW
30 EQR —% -$1M -20,037 -100.0% SOLD
31 MTH —% -$3M -46,500 -100.0% SOLD
32 TMHC —% -$91M -1,379,577 -100.0% SOLD
33 PLYM —% -$11M -492,468 -100.0% SOLD
34 LXP —% -$34M -3,800,000 -100.0% SOLD
35 ELS —% -$22M -354,911 -100.0% SOLD
36 AMH —% -$52M -1,563,780 -100.0% SOLD

New Positions

SymbolValue% Port
GLPI $44M 5.30%
SEAS $31M 3.70%
WH $26M 3.04%
AVB $25M 3.03%
ARE $23M 2.80%
TREX $17M 2.03%
CUBE $13M 1.49%
LINE $6M 0.77%
SLG $6M 0.76%
VRE $2M 0.27%

Sold Out Positions

SymbolValue% Port
TMHC —%
AMH —%
EQR —%
LXP —%
MTH —%
ELS —%
PLYM —%
View SEC EDGAR Filings for Long Pond Capital, LP →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms