Flat Footed LLC

CIK

1799456

Location

WILSON, WY

Portfolio Value

Small $685,420,995

Diversification

Diversified

Filing Date

Global Rank

#1,930 / 8,232 ▲ 10

Top Industry

REIT - Healthcare Facilities 24.8%

3Y Alpha vs SPY

+24.2%

Period ended 2 months ago

Filed May 15, 2026 · 29d

18 quarters · since Dec 2021

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

+206.1%

SPY

+76.5%

Annualised alpha

+24.3%

Max drawdown

−28.2%

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

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

Top Position

22.8%

+6.5 pts

Top 5

48.6%

−14.2 pts

Top 10

69.5%

−12.6 pts

HHI

832

Diversified−128

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	30.9%	$211,740,144	10
Consumer Cyclical	23.3%	$159,786,041	8
Financial Services	20.8%	$142,574,780	4
Consumer Defensive	9.6%	$65,620,258	5
Healthcare	6.4%	$43,722,674	2
Energy	5.6%	$38,230,672	3
Industrials	2.2%	$15,321,614	1
Basic Materials	1.2%	$8,424,812	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
GRFS	Grifols SA	+287,867	1,372,394	$11,006,599
RMR	Rmr Group Inc.	+18,776	802,739	$12,418,372
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
BKD	Brookdale Senior Living Inc.	−6,106,035	2,391,526	$32,716,075
CNR	Core Natural Resources, Inc.	−1,247,146	139,965	$14,658,534
ILPT	Industrial Logistics Properties Trust	−265,505	1,435,087	$8,151,294
ASC	Ardmore Shipping Corp	−244,724	1,004,696	$15,321,614
SMC	Summit Midstream Corp	−232,289	124,278	$3,758,166
SEVN	Seven Hills Realty Trust	−231,240	433,192	$3,560,838
TSLA	Tesla, Inc.	−192,000	32,000	$11,896,000
TK	Teekay Corp Ltd	−140,100	1,622,766	$19,813,972
WELL	Welltower Inc.	−123,700	41,300	$8,165,423
CVEO	Civeo Corp	−115,518	347,240	$9,187,970
MGM	MGM Resorts International	−40,000	360,000	$13,323,600
CVNA	Carvana Co.	−33,900	72,600	$22,823,988
IAUX	i-80 Gold Corp.	−8,983	5,542,640	$8,424,812
RRR	Red Rock Resorts, Inc.	−5,000	55,000	$2,934,800
RCL	Royal Caribbean Cruises Ltd	−2,600	89,500	$24,628,610
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
RY	Royal Bank Of Canada	300,000	$48,534,000
PEP	Pepsico Inc	295,000	$45,810,550
CM	Canadian Imperial Bank Of Commerce /Can/	452,500	$42,874,375
TD	Toronto Dominion Bank	302,500	$28,226,275
BMO	Bank Of Montreal /Can/	169,500	$22,940,130
HHH	Howard Hughes Holdings Inc.	215,288	$13,619,118
PFGC	Performance Food Group Co	100,000	$8,566,000
LOPE	Grand Canyon Education, Inc.	40,000	$6,801,200
VTR	Ventas, Inc.	66,500	$5,438,370
PRDO	PERDOCEO EDUCATION Corp	74,800	$2,783,308
STRA	Strategic Education, Inc.	20,000	$1,659,200
CTRE	CareTrust REIT, Inc.	7,500	$274,875
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
AFRM	Affirm Holdings, Inc.	254,000	$18,905,220
PFSI	PennyMac Financial Services, Inc.	130,000	$17,139,200
PANL	Pangaea Logistics Solutions Ltd.	12,139	$83,516
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

34 positions · $685,420,995 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DHC	Diversified Healthcare Trust Real Estate	Held	23,487,002	0	$155,953,693	+36.9%	22.75%
RY	Royal Bank Of Canada Financial Services	NEW	300,000	NEW	$48,534,000	NEW	7.08%
PEP	Pepsico Inc Consumer Defensive	NEW	295,000	NEW	$45,810,550	NEW	6.68%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	NEW	452,500	NEW	$42,874,375	NEW	6.26%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Held	121,900	0	$39,869,833	+5.4%	5.82%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Held	115,500	0	$35,121,240	+5.9%	5.12%
BKD	Brookdale Senior Living Inc. Healthcare	Reduced	2,391,526	-14,603,596	$32,716,075	−82.2%	4.77%
TD	Toronto Dominion Bank Financial Services	NEW	302,500	NEW	$28,226,275	NEW	4.12%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	Reduced	89,500	-2,600	$24,628,610	−4.1%	3.59%
BMO	Bank Of Montreal /Can/ Financial Services	NEW	169,500	NEW	$22,940,130	NEW	3.35%
CVNA	Carvana Co. Consumer Cyclical	Reduced	72,600	-33,900	$22,823,988	−49.2%	3.33%
TK	Teekay Corp Ltd Energy	Reduced	1,622,766	-140,100	$19,813,972	+24.5%	2.89%
ASC	Ardmore Shipping Corp Industrials	Reduced	1,004,696	-244,724	$15,321,614	+15.8%	2.24%
CNR	Core Natural Resources, Inc. Energy	Reduced	139,965	-1,247,146	$14,658,534	−88.1%	2.14%
HHH	Howard Hughes Holdings Inc. Real Estate	NEW	215,288	NEW	$13,619,118	NEW	1.99%
MGM	MGM Resorts International Consumer Cyclical	Reduced	360,000	-40,000	$13,323,600	−8.7%	1.94%
RMR	Rmr Group Inc. Real Estate	Added	802,739	+18,776	$12,418,372	+6.3%	1.81%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	32,000	-192,000	$11,896,000	−88.2%	1.74%
GRFS	Grifols SA Healthcare	Added	1,372,394	+287,867	$11,006,599	+8.5%	1.61%
CVEO	Civeo Corp Consumer Cyclical	Reduced	347,240	-115,518	$9,187,970	−13.2%	1.34%
PFGC	Performance Food Group Co Consumer Defensive	NEW	100,000	NEW	$8,566,000	NEW	1.25%
IAUX	i-80 Gold Corp. Basic Materials	Reduced	5,542,640	-8,983	$8,424,812	+3.9%	1.23%
WELL	Welltower Inc. Real Estate	Reduced	41,300	-123,700	$8,165,423	−73.3%	1.19%
ILPT	Industrial Logistics Properties Trust Real Estate	Reduced	1,435,087	-265,505	$8,151,294	−13.5%	1.19%
LOPE	Grand Canyon Education, Inc. Consumer Defensive	NEW	40,000	NEW	$6,801,200	NEW	0.99%
VTR	Ventas, Inc. Real Estate	NEW	66,500	NEW	$5,438,370	NEW	0.79%
SMC	Summit Midstream Corp Energy	Reduced	124,278	-232,289	$3,758,166	−60.5%	0.55%
SEVN	Seven Hills Realty Trust Real Estate	Reduced	433,192	-231,240	$3,560,838	−39.8%	0.52%
RHP	Ryman Hospitality Properties, Inc. Real Estate	Held	32,500	0	$2,998,775	−2.5%	0.44%
RRR	Red Rock Resorts, Inc. Consumer Cyclical	Reduced	55,000	-5,000	$2,934,800	−21.0%	0.43%
PRDO	PERDOCEO EDUCATION Corp Consumer Defensive	NEW	74,800	NEW	$2,783,308	NEW	0.41%
STRA	Strategic Education, Inc. Consumer Defensive	NEW	20,000	NEW	$1,659,200	NEW	0.24%
SVC	Service Properties Trust Real Estate	Held	852,490	0	$1,159,386	−26.1%	0.17%
CTRE	CareTrust REIT, Inc. Real Estate	NEW	7,500	NEW	$274,875	NEW	0.04%