Long Pond Capital, LP

CIK

1499066

Location

New York, NY

Portfolio Value

Mid $1,046,951,186

Diversification

Diversified

Filing Date

Global Rank

#1,457 / 8,232 ▲ 350

Top Industry

REIT - Residential 24.9%

3Y Alpha vs SPY

-10.2%

Period ended 2 months ago

Filed May 14, 2026 · 31d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+36.3%

SPY

+76.3%

Annualised alpha

-9.9%

Max drawdown

−25.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

33 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.1%

−0.7 pts

Top 5

33.7%

−5.3 pts

Top 10

58.2%

−4.5 pts

HHI

456

Diversified−63

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	68.4%	$716,040,777	21
Consumer Cyclical	26.6%	$278,464,349	9
Industrials	2.1%	$22,155,135	1
Basic Materials	2.1%	$21,875,700	1
Technology	0.8%	$8,415,225	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
IRT	Independence Realty Trust, Inc.	+4,726,660	5,727,238	$85,278,573
KREF	KKR Real Estate Finance Trust Inc.	+4,170,425	5,733,513	$35,089,099
PRKS	United Parks & Resorts Inc.	+825,727	1,680,727	$54,892,543
WH	Wyndham Hotels & Resorts, Inc.	+363,863	701,663	$56,996,085
CPT	Camden Property Trust	+347,455	401,134	$39,174,746
JBGS	JBG SMITH Properties	+266,870	4,414,269	$64,492,470
LINE	Lineage, Inc.	+226,813	410,971	$13,463,409
CUBE	CubeSmart	+88,501	435,429	$15,958,472
H	Hyatt Hotels Corp	+20,500	223,989	$32,207,378
MAA	Mid America Apartment Communities Inc.	+780	40,503	$4,946,226
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
COMP	Compass, Inc.	−3,783,289	1,216,711	$8,894,157
COLD	Americold Realty Trust	−1,326,779	4,498,210	$51,549,486
SAFE	Safehold Inc.	−391,236	553,703	$7,491,601
NXRT	NexPoint Residential Trust, Inc.	−390,266	452,604	$11,315,100
CSR	Centerspace	−254,101	190,000	$10,915,500
HGV	Hilton Grand Vacations Inc.	−246,627	485,394	$18,988,613
MHO	M/I Homes, Inc.	−23,501	47,595	$5,828,007
SLG	Sl Green Realty Corp	−8,730	129,500	$4,783,730
TRTX	TPG RE Finance Trust, Inc.	−3,524	7,029,102	$54,897,286
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
JAN	Janus Living, Inc.	3,290,000	$77,545,300
SBAC	Sba Communications Corp	400,000	$68,844,000
WYNN	Wynn Resorts Ltd	529,057	$53,725,738
DOC	Healthpeak Properties, Inc.	2,490,700	$40,922,201
NCLH	Norwegian Cruise Line Holdings Ltd.	1,730,000	$32,351,000
AMH	American Homes 4 Rent	1,111,773	$31,040,702
KRC	Kilroy Realty Corp	1,039,178	$29,315,211
POOL	Pool Corp	109,500	$22,155,135
JHX	James Hardie Industries plc	1,155,000	$21,875,700
SMA	SmartStop Self Storage REIT, Inc.	613,458	$18,575,508
FUN	Six Flags Entertainment Corporation/NEW	750,424	$13,320,026
TMHC	Taylor Morrison Home Corp	174,364	$10,154,959
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
NSA	National Storage Affiliates Trust	2,591,313	$73,100,939
PLD	Prologis, Inc.	350,000	$44,681,000
GLPI	Gaming & Leisure Properties, Inc.	993,810	$44,413,368
CZR	Caesars Entertainment, Inc.	1,479,336	$34,601,669
AVB	Avalonbay Communities Inc	140,000	$25,383,400
ARE	Alexandria Real Estate Equities, Inc.	479,200	$23,452,048
TREX	Trex Co Inc	484,286	$16,988,752
SHO	Sunstone Hotel Investors, Inc.	485,237	$4,338,018
VRE	Veris Residential, Inc.	150,000	$2,232,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

33 positions · $1,046,951,186 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
IRT	Independence Realty Trust, Inc. Real Estate	Added	5,727,238	+4,726,660	$85,278,573	+387.6%	8.15%
JAN	Janus Living, Inc. Real Estate	NEW	3,290,000	NEW	$77,545,300	NEW	7.41%
SBAC	Sba Communications Corp Real Estate	NEW	400,000	NEW	$68,844,000	NEW	6.58%
JBGS	JBG SMITH Properties Real Estate	Reduced	4,414,269	-3,880,529	$64,492,470	−54.3%	6.16%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Added	701,663	+363,863	$56,996,085	+123.3%	5.44%
TRTX	TPG RE Finance Trust, Inc. Real Estate	Reduced	7,029,102	-3,524	$54,897,286	−9.3%	5.24%
PRKS	United Parks & Resorts Inc. Consumer Cyclical	Added	1,680,727	+825,727	$54,892,543	+76.9%	5.24%
WYNN	Wynn Resorts Ltd Consumer Cyclical	NEW	529,057	NEW	$53,725,738	NEW	5.13%
COLD	Americold Realty Trust Real Estate	Reduced	4,498,210	-1,326,779	$51,549,486	−31.2%	4.92%
INN	Summit Hotel Properties, Inc. Real Estate	Held	9,400,000	0	$41,548,000	−9.2%	3.97%
DOC	Healthpeak Properties, Inc. Real Estate	NEW	2,490,700	NEW	$40,922,201	NEW	3.91%
CPT	Camden Property Trust Real Estate	Added	401,134	+347,455	$39,174,746	+563.0%	3.74%
KREF	KKR Real Estate Finance Trust Inc. Real Estate	Added	5,733,513	+4,170,425	$35,089,099	+173.1%	3.35%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	NEW	1,730,000	NEW	$32,351,000	NEW	3.09%
H	Hyatt Hotels Corp Consumer Cyclical	Added	223,989	+20,500	$32,207,378	−1.3%	3.08%
AMH	American Homes 4 Rent Real Estate	NEW	1,111,773	NEW	$31,040,702	NEW	2.96%
KRC	Kilroy Realty Corp Real Estate	NEW	1,039,178	NEW	$29,315,211	NEW	2.80%
POOL	Pool Corp Industrials	NEW	109,500	NEW	$22,155,135	NEW	2.12%
JHX	James Hardie Industries plc Basic Materials	NEW	1,155,000	NEW	$21,875,700	NEW	2.09%
HGV	Hilton Grand Vacations Inc. Consumer Cyclical	Reduced	485,394	-246,627	$18,988,613	−42.0%	1.81%
SMA	SmartStop Self Storage REIT, Inc. Real Estate	NEW	613,458	NEW	$18,575,508	NEW	1.77%
CUBE	CubeSmart Real Estate	Added	435,429	+88,501	$15,958,472	+27.6%	1.52%
LINE	Lineage, Inc. Real Estate	Added	410,971	+226,813	$13,463,409	+108.9%	1.29%
FUN	Six Flags Entertainment Corporation/NEW Consumer Cyclical	NEW	750,424	NEW	$13,320,026	NEW	1.27%
NXRT	NexPoint Residential Trust, Inc. Real Estate	Reduced	452,604	-390,266	$11,315,100	−55.4%	1.08%
CSR	Centerspace Real Estate	Reduced	190,000	-254,101	$10,915,500	−63.2%	1.04%
TMHC	Taylor Morrison Home Corp Consumer Cyclical	NEW	174,364	NEW	$10,154,959	NEW	0.97%
COMP	Compass, Inc. Real Estate	Reduced	1,216,711	-3,783,289	$8,894,157	−83.2%	0.85%
SMRT	SmartRent, Inc. Technology	Held	5,610,150	0	$8,415,225	−25.7%	0.80%
SAFE	Safehold Inc. Real Estate	Reduced	553,703	-391,236	$7,491,601	−42.1%	0.72%
MHO	M/I Homes, Inc. Consumer Cyclical	Reduced	47,595	-23,501	$5,828,007	−35.9%	0.56%
MAA	Mid America Apartment Communities Inc. Real Estate	Added	40,503	+780	$4,946,226	−10.4%	0.47%
SLG	Sl Green Realty Corp Real Estate	Reduced	129,500	-8,730	$4,783,730	−24.6%	0.46%