Long Pond Capital, LP

CIK

1499066

Location

New York, NY

Portfolio Value

Mid $1,046,951,186

Diversification

Diversified

Filing Date

Global Rank

#1,712 / 8,623 ▲ 279 · as of Mar 2026

Top Industry

REIT - Residential 24.9%

3Y Alpha vs SPY

-9.0%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+32.9%

SPY

+65.3%

Annualised alpha

-8.3%

Max drawdown

−24.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 98% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

33 tracked 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 tracked positions · $1,046,951,186 total · filing declares 33 positions · $1,046,951,195 · 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 CALL 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%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.