Masterton Capital Management, LP

CIK

1817145

Location

NEW YORK, NY

Portfolio Value

Small $109,811,724

Diversification

Diversified

Filing Date

Global Rank

#5,504 / 8,592 ▼ 414

Top Industry

REIT - Retail 31.9%

3Y Alpha vs SPY

-7.0%

Period ended 3 months ago

Filed May 15, 2026 · 35d

22 quarters · since Dec 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

+47.7%

SPY

+76.8%

Annualised alpha

-7.0%

Max drawdown

−19.2%

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

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

Top Position

16.8%

+2.0 pts

Top 5

46.3%

−5.3 pts

Top 10

73.6%

−2.3 pts

HHI

744

Diversified−12

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	68.2%	$74,913,571	11
Consumer Defensive	15.0%	$16,422,653	2
Consumer Cyclical	13.6%	$14,932,575	5
Industrials	3.2%	$3,542,925	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
APLE	Apple Hospitality REIT, Inc.	+121,800	652,800	$7,513,728
PLD	Prologis, Inc.	+32,500	57,500	$7,600,350
KIM	Kimco Realty Corp	+18,500	362,013	$8,134,432
PFGC	Performance Food Group Co	+15,201	106,788	$9,147,460
WH	Wyndham Hotels & Resorts, Inc.	+8,100	15,800	$1,283,434
CHH	Choice Hotels International Inc /De	+5,100	11,600	$1,200,600
ROST	Ross Stores, Inc.	+3,600	9,232	$1,999,928
TRNO	Terreno Realty Corp	+1,600	89,980	$5,526,571
CHEF	Chefs' Warehouse, Inc.	+1,175	122,375	$7,275,193
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
EQR	Equity Residential	−250,941	85,246	$5,042,300
SKT	Tanger Inc.	−58,131	102,469	$3,481,896
PSA	Public Storage	−31,988	19,994	$5,415,974
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
DPZ	Dominos Pizza Inc	17,460	$6,264,473
CBRE	Cbre Group, Inc.	41,000	$5,553,860
ADC	Agree Realty Corp	66,300	$4,997,694
TJX	Tjx Companies Inc /De/	26,200	$4,184,140
LPX	Louisiana-Pacific Corp	48,700	$3,542,925
REXR	Rexford Industrial Realty, Inc.	98,211	$3,214,446
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
AMH	American Homes 4 Rent	350,715	$11,257,951
INVH	Invitation Homes Inc.	378,265	$10,511,984
BURL	Burlington Stores, Inc.	20,462	$5,910,448
BXP	BXP, Inc.	72,500	$4,892,300
EXR	Extra Space Storage Inc.	33,850	$4,407,947
MCD	Mcdonalds Corp	9,060	$2,769,007
UDR	UDR, Inc.	68,400	$2,508,912
TXRH	Texas Roadhouse, Inc.	14,100	$2,340,600
TREX	Trex Co Inc	47,811	$1,677,209
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

19 positions · $109,811,724 total · as of Mar 31, 2026

All sectors Consumer Cyclical Consumer Defensive Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FRT	Federal Realty Investment Trust Real Estate	Held	173,546	0	$18,432,320	+5.4%	16.79%
PFGC	Performance Food Group Co Consumer Defensive	Added	106,788	+15,201	$9,147,460	+11.1%	8.33%
KIM	Kimco Realty Corp Real Estate	Added	362,013	+18,500	$8,134,432	+16.8%	7.41%
PLD	Prologis, Inc. Real Estate	Added	57,500	+32,500	$7,600,350	+138.1%	6.92%
APLE	Apple Hospitality REIT, Inc. Real Estate	Added	652,800	+121,800	$7,513,728	+19.4%	6.84%
CHEF	Chefs' Warehouse, Inc. Consumer Defensive	Added	122,375	+1,175	$7,275,193	−3.7%	6.63%
DPZ	Dominos Pizza Inc Consumer Cyclical	NEW	17,460	NEW	$6,264,473	NEW	5.70%
CBRE	Cbre Group, Inc. Real Estate	NEW	41,000	NEW	$5,553,860	NEW	5.06%
TRNO	Terreno Realty Corp Real Estate	Added	89,980	+1,600	$5,526,571	+6.5%	5.03%
PSA	Public Storage Real Estate	Reduced	19,994	-31,988	$5,415,974	−59.8%	4.93%
EQR	Equity Residential Real Estate	Reduced	85,246	-250,941	$5,042,300	−76.2%	4.59%
ADC	Agree Realty Corp Real Estate	NEW	66,300	NEW	$4,997,694	NEW	4.55%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	NEW	26,200	NEW	$4,184,140	NEW	3.81%
LPX	Louisiana-Pacific Corp Industrials	NEW	48,700	NEW	$3,542,925	NEW	3.23%
SKT	Tanger Inc. Real Estate	Reduced	102,469	-58,131	$3,481,896	−35.0%	3.17%
REXR	Rexford Industrial Realty, Inc. Real Estate	NEW	98,211	NEW	$3,214,446	NEW	2.93%
ROST	Ross Stores, Inc. Consumer Cyclical	Added	9,232	+3,600	$1,999,928	+97.1%	1.82%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Added	15,800	+8,100	$1,283,434	+120.6%	1.17%
CHH	Choice Hotels International Inc /De Consumer Cyclical	Added	11,600	+5,100	$1,200,600	+93.9%	1.09%