| Issuer | % book | Value | Since entry | Conviction | Business | Tags |
|---|
| $INVH · INVITATION HOMES INC | 8.3% | $48,871,824 | +21% | High | A real estate investment trust (REIT) that owns, leases and manages single-family rental homes across major US markets. | S&P |
| $FQI · DIGITAL RLTY TR INC | 3.5% | $20,555,834 | — | Med | A real estate investment trust that owns, develops, and operates data centers worldwide, leasing space and interconnection services to enterprises and cloud providers. | |
| $LAMR · LAMAR ADVERTISING CO | 2.9% | $16,979,533 | +28% | Med | Lamar Advertising is an outdoor advertising company, structured as a REIT, that owns and operates billboards, digital displays, logo signs, and transit advertising across North America. | NASDAQ |
| $SBAC · SBA COMMUNICATIONS CORP | 1.7% | $10,342,778 | +8% | Med | SBA Communications is a real estate investment trust that owns and leases wireless communications towers and related infrastructure to mobile network operators. | NASDAQS&P |
| Issuer | % book | Δ shares | Since add | Conviction | Business | Tags |
|---|
| $NHI · NATIONAL HEALTH INVS INC | 8.0% | +42% | -2% | Med | Senior housing and healthcare REIT | Citrini |
| $SPG · SIMON PPTY GROUP INC NEW | 6.9% | +30% | +23% | Med | Simon Property Group is a retail real estate investment trust that owns, develops and manages regional shopping malls, premium outlets and other retail and mixed-use properties across the US and abroad. | S&P |
| $RHP · RYMAN HOSPITALITY PPTYS INC | 4.5% | +42% | +37% | Med | Convention hotel and entertainment REIT | |
| $CBRE · CBRE GROUP INC | 4.2% | +45% | +4% | Med | CBRE Group is a global commercial real-estate services and investment firm providing leasing, property and facilities management, capital-markets advisory, valuation, and investment management. | S&P |
| $CURB · CURBLINE PPTYS CORP | 3.9% | +316% | +23% | Med | A real estate investment trust that owns and operates convenience-oriented retail strip centers positioned along commuter routes in the United States. | |
| $PLD · PROLOGIS INC. | 3.8% | +26% | +13% | Med | Prologis is a global industrial real estate investment trust that owns, develops, and leases logistics and distribution warehouses to e-commerce, retail, and supply-chain customers. | S&P |
| Issuer | % book | Since entry | Business | Tags |
|---|
| $FR · FIRST INDL RLTY TR INC | 8.5% | +31% Q1 '24 | First Industrial Realty Trust is a real estate investment trust that owns, develops, and operates industrial and logistics warehouse and distribution properties across major US markets. | |
| $INVH · INVITATION HOMES INC | 8.3% | +21% Q1 '26 | A real estate investment trust (REIT) that owns, leases and manages single-family rental homes across major US markets. | S&P |
| $AHR · AMERICAN HEALTHCARE REIT INC | 8.1% | +288% Q1 '24 | Healthcare property REIT (senior, medical) | Citrini |
| $NHI · NATIONAL HEALTH INVS INC | 8.0% | +55% Q3 '23 | Senior housing and healthcare REIT | Citrini |
| $EQIX · EQUINIX INC | 7.8% | +40% Q3 '23 | Equinix is a real estate investment trust that operates a global network of interconnected data centers, providing colocation, interconnection, and digital infrastructure services to enterprises and cloud providers. | NASDAQS&PCitrini |
| $SPG · SIMON PPTY GROUP INC NEW | 6.9% | +51% Q2 '24 | Simon Property Group is a retail real estate investment trust that owns, develops and manages regional shopping malls, premium outlets and other retail and mixed-use properties across the US and abroad. | S&P |
| $SUI · SUN CMNTYS INC | 5.9% | -42% Q4 '21 | Sun Communities is a real estate investment trust that owns and operates manufactured-housing communities, recreational vehicle resorts and marinas across North America and the UK. | |
| $VTR · VENTAS INC | 5.1% | +51% ≥Q2 '21 | Ventas is a healthcare-focused real estate investment trust that owns senior housing, medical office buildings, research facilities, and other health-related properties. | S&PCitrini |
| $SKT · TANGER INC | 4.6% | +89% Q2 '23 | | |
| $RHP · RYMAN HOSPITALITY PPTYS INC | 4.5% | +28% Q2 '25 | Convention hotel and entertainment REIT | |