Long Pond Capital 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Long Pond Capital disclosed 30 US equity positions worth $851.2m in its Q4 2025 13F filing. The largest position was COLD at 8.8% of the reported book, followed by NSA* and JBGS. Against the Q3 2025 filing, it opened 11 new positions, added to 8 and reduced 9 among the top 30 holdings.
What did Long Pond Capital own in Q4 2025? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | COLD AMERICOLD REALTY TRUST INC | Real Estate | 8.8% | $74.9m | 5,824,989 | -25% | reduced |
| 2 | NSA* NATIONAL STORAGE AFFILIATES | 8.6% | $73.1m | 2,591,313 | -33% | reduced | |
| 3 | JBGS JBG SMITH PPTYS | Real Estate | 8.3% | $70.5m | 4,147,399 | 28% | added |
| 4 | TRTX TPG RE FIN TR INC | Real Estate | 7.1% | $60.6m | 7,032,626 | 2% | added |
| 5 | COMP COMPASS INC | Real Estate | 6.2% | $52.9m | 5,000,000 | 223% | added |
| 6 | INN SUMMIT HOTEL PPTYS INC | Real Estate | 5.4% | $45.8m | 9,400,000 | 0% | held |
| 7 | PLD PROLOGIS INC. | Real Estate | 5.2% | $44.7m | 350,000 | 10455% | added |
| 8 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.2% | $44.4m | 993,810 | – | new |
| 9 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 4.1% | $34.6m | 1,479,336 | 54% | added |
| 10 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 3.8% | $32.8m | 732,021 | 13% | added |
| 11 | H HYATT HOTELS CORP | Consumer Cyclical | 3.8% | $32.6m | 203,489 | -36% | reduced |
| 12 | PRKS UNITED PARKS & RESORTS INC | Consumer Cyclical | 3.6% | $31.0m | 855,000 | – | new |
| 13 | CSR CENTERSPACE | Real Estate | 3.5% | $29.6m | 444,101 | 108% | added |
| 14 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 3.0% | $25.5m | 337,800 | – | new |
| 15 | AVBC AVALONBAY CMNTYS INC | Financial Services | 3.0% | $25.4m | 140,000 | – | new |
| 16 | NXRT NEXPOINT RESIDENTIAL TR INC | Real Estate | 3.0% | $25.4m | 842,870 | 55% | added |
| 17 | ARE ALEXANDRIA REAL ESTATE EQ IN | Real Estate | 2.8% | $23.5m | 479,200 | – | new |
| 18 | IRT INDEPENDENCE RLTY TR INC | Real Estate | 2.1% | $17.5m | 1,000,578 | -92% | reduced |
| 19 | TREX TREX CO INC | Industrials | 2.0% | $17.0m | 484,286 | – | new |
| 20 | SAFE SAFEHOLD INC | 1.5% | $12.9m | 944,939 | – | new | |
| 21 | KKR REAL ESTATE FIN TR INC | 1.5% | $12.8m | 1,563,088 | -33% | reduced | |
| 22 | CUBE CUBESMART | Real Estate | 1.5% | $12.5m | 346,928 | – | new |
| 23 | SMRT SMARTRENT INC | 1.3% | $11.3m | 5,610,150 | -8% | reduced | |
| 24 | MHO M/I HOMES INC | Consumer Cyclical | 1.1% | $9.1m | 71,096 | -69% | reduced |
| 25 | LINE LINEAGE INC | 0.8% | $6.4m | 184,158 | – | new | |
| 26 | SLG SL GREEN RLTY CORP | Real Estate | 0.7% | $6.3m | 138,230 | – | new |
| 27 | CPT CAMDEN PPTY TR | Real Estate | 0.7% | $5.9m | 53,679 | -97% | reduced |
| 28 | MAA MID-AMER APT CMNTYS INC | Real Estate | 0.6% | $5.5m | 39,723 | -41% | reduced |
| 29 | SHO SUNSTONE HOTEL INVS INC NEW | Real Estate | 0.5% | $4.3m | 485,237 | 0% | held |
| 30 | VERIS RESIDENTIAL INC | 0.3% | $2.2m | 150,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.