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Masterton Capital Management, LP 13F holdings, Q3 2025

Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →

Masterton Capital Management, LP disclosed 21 US equity positions worth $182.4m in its Q3 2025 13F filing. The largest position was FRT at 13.6% of the reported book, followed by EQR and PSA. Against the Q2 2025 filing, it opened 10 new positions, added to 6 and reduced 5 among the top 21 holdings.

← Q2 2025 · Q4 2025 →

What did Masterton Capital Management, LP own in Q3 2025? Top 21 positions

#StockSectorWeightValueSharesΔ sharesvs Q2 2025
1 FRT FEDERAL RLTY INVT TR NEW Real Estate 13.6%$24.9m245,646 -38% reduced
2 EQR EQUITY RESIDENTIAL Real Estate 10.9%$19.9m306,824 152% added
3 PSA PUBLIC STORAGE OPER CO Real Estate 8.7%$15.8m54,842 – new
4 INVH INVITATION HOMES INC Real Estate 7.0%$12.8m435,579 76% added
5 AMH AMERICAN HOMES 4 RENT Real Estate 6.7%$12.2m368,415 20% added
6 BURL BURLINGTON STORES INC Consumer Cyclical 6.6%$12.0m47,282 – new
7 PFGC PERFORMANCE FOOD GROUP CO Consumer Defensive 5.2%$9.5m91,587 -79% reduced
8 TREX TREX CO INC Industrials 4.4%$8.0m155,211 92% added
9 PLD PROLOGIS INC. Real Estate 4.3%$7.8m68,100 -58% reduced
10 EXR EXTRA SPACE STORAGE INC Real Estate 4.3%$7.8m55,100 – new
11 MCD MCDONALDS CORP Consumer Cyclical 4.0%$7.4m24,300 – new
12 TRNO TERRENO RLTY CORP Real Estate 3.9%$7.1m125,800 – new
13 KIM KIMCO RLTY CORP Real Estate 3.4%$6.2m285,213 405% added
14 SKT TANGER INC Real Estate 3.0%$5.4m160,600 – new
15 BXP BXP INC Real Estate 3.0%$5.4m72,500 -67% reduced
16 APLE APPLE HOSPITALITY REIT INC Real Estate 2.8%$5.2m431,200 122% added
17 ROST ROSS STORES INC Consumer Cyclical 2.3%$4.2m27,732 -43% reduced
18 CHEF CHEFS WHSE INC Consumer Defensive 2.2%$4.1m69,900 – new
19 VICI VICI PPTYS INC Real Estate 1.4%$2.6m80,817 – new
20 AVBC AVALONBAY CMNTYS INC Financial Services 1.3%$2.4m12,600 – new
21 DHI D R HORTON INC Consumer Cyclical 0.8%$1.5m8,963 – 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.