Masterton Capital Management, LP

Registered adviser

CIK

1817145

Location

NEW YORK, NY

Portfolio Value

Small $118,088,033

Diversification

Diversified

Filing Date

Global Rank

#8,068 / 8,827 ▼ 141

Top Industry

REIT - Industrial 22.3%

3Y Alpha vs SPY

-12.1%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

23 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 308917

Roster of Nov 1, 2026

Regulatory AUM

$293,137,186

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$293,137,186 gross assets

LEI

549300GXJ3D6ODQ2XN27

Private funds on Schedule D 7.B.(1)

As filed Jul 9, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$349,096,699 gross assets in 1 fund Hedge funds $349,096,699 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$293,137,186	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$330,641,655	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$349,096,699	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$342,157,096	Pooled investment vehicles (100%)
Apr 2023	$342,157,096	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$316,353,899	Pooled investment vehicles (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 67.6% of the book (60%+)

Turnover

High turnover

139.6% over the last four quarters (100%+)

Horizon

Medium horizon

Value-weighted holding period 5.0 quarters (4 to under 12)

Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 96.2%; sector active share 80.2% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

24 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

14.0%

−2.8 pts

Top 5

43.3%

−3.0 pts

Top 10

67.6%

−6.0 pts

HHI

627

Diversified−117

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Real Estate	67.1%	$79,261,388	12
Consumer Cyclical	18.4%	$21,746,172	8
Consumer Defensive	6.9%	$8,185,603	2
Industrials	4.0%	$4,774,662	1
Basic Materials	3.5%	$4,120,208	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
PLD	Prologis, Inc.	+64,300	121,800	$16,500,246
CBRE	Cbre Group, Inc.	+38,700	79,700	$10,734,793
ADC	Agree Realty Corp	+37,000	103,300	$7,823,942
LPX	Louisiana-Pacific Corp	+12,000	60,700	$4,774,662
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
KIM	Kimco Realty Corp	−119,100	242,913	$6,157,844
FRT	Federal Realty Investment Trust	−98,300	75,246	$9,288,366
PFGC	Performance Food Group Co	−94,050	12,738	$1,423,981
TJX	Tjx Companies Inc	−17,800	8,400	$1,272,600
DPZ	Dominos Pizza Inc	−9,640	7,820	$2,315,032
PSA	Public Storage	−7,280	12,714	$4,046,993
ROST	Ross Stores, Inc.	−2,432	6,800	$1,447,380
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
SYY	Sysco Corp	80,900	$6,761,622
HLT	Hilton Worldwide Holdings Inc.	18,720	$6,186,211
SUI	Sun Communities Inc	38,700	$4,640,517
LOW	Lowes Companies Inc	19,200	$4,233,408
JHX	James Hardie Industries plc	157,380	$4,120,208
AMH	American Homes 4 Rent	115,500	$3,871,560
ESS	Essex Property Trust, Inc.	12,900	$3,761,511
HD	Home Depot, Inc.	7,280	$2,567,510
MCD	Mcdonalds Corp	7,120	$1,924,607
BURL	Burlington Stores, Inc.	5,680	$1,799,424
CCS	Century Communities, Inc.	11,399	$816,852
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
APLE	Apple Hospitality REIT, Inc.	652,800	$7,513,728
CHEF	Chefs' Warehouse, Inc.	122,375	$7,275,193
SKT	Tanger Inc.	102,469	$3,481,896
REXR	Rexford Industrial Realty, Inc.	98,211	$3,214,446
WH	Wyndham Hotels & Resorts, Inc.	15,800	$1,283,434
CHH	Choice Hotels International Inc	11,600	$1,200,600
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 tracked positions · $118,088,033 total · filing declares 24 positions · $118,088,037 · as of Jun 30, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
PLD	Prologis, Inc. Real Estate	Added	121,800	+64,300	$16,500,246	+117.1%	11	$134.25	13.97%
CBRE	Cbre Group, Inc. Real Estate	Added	79,700	+38,700	$10,734,793	+93.3%	2	$145.06	9.09%
FRT	Federal Realty Investment Trust Real Estate	Reduced	75,246	-98,300	$9,288,366	−49.6%	16	$95.43	7.87%
ADC	Agree Realty Corp Real Estate	Added	103,300	+37,000	$7,823,942	+56.6%	2	$75.79	6.63%
SYY	Sysco Corp Consumer Defensive	NEW	80,900	NEW	$6,761,622	NEW	1	$75.70	5.73%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	NEW	18,720	NEW	$6,186,211	NEW	1	$328.65	5.24%
KIM	Kimco Realty Corp Real Estate	Reduced	242,913	-119,100	$6,157,844	−24.3%	7	$21.98	5.21%
TRNO	Terreno Realty Corp Real Estate	Held	89,980	0	$5,828,004	+5.5%	4	$56.84	4.94%
VMRK	Vivmark Residential Real Estate	Held	85,246	0	$5,790,760	+14.8%	8	$66.46	4.90%
LPX	Louisiana-Pacific Corp Industrials	Added	60,700	+12,000	$4,774,662	+34.8%	2	$82.18	4.04%
SUI	Sun Communities Inc Real Estate	NEW	38,700	NEW	$4,640,517	NEW	1	$125.08	3.93%
LOW	Lowes Companies Inc Consumer Cyclical	NEW	19,200	NEW	$4,233,408	NEW	1	$227.10	3.58%
JHX	James Hardie Industries plc Basic Materials	NEW	157,380	NEW	$4,120,208	NEW	1	$21.98	3.49%
PSA	Public Storage Real Estate	Reduced	12,714	-7,280	$4,046,993	−25.3%	4	$287.02	3.43%
AMH	American Homes 4 Rent Real Estate	NEW	115,500	NEW	$3,871,560	NEW	1	$31.62	3.28%
ESS	Essex Property Trust, Inc. Real Estate	NEW	12,900	NEW	$3,761,511	NEW	1	$268.80	3.19%
HD	Home Depot, Inc. Consumer Cyclical	NEW	7,280	NEW	$2,567,510	NEW	1	$325.33	2.17%
DPZ	Dominos Pizza Inc Consumer Cyclical	Reduced	7,820	-9,640	$2,315,032	−63.0%	2	$394.83	1.96%
MCD	Mcdonalds Corp Consumer Cyclical	NEW	7,120	NEW	$1,924,607	NEW	1	$286.75	1.63%
BURL	Burlington Stores, Inc. Consumer Cyclical	NEW	5,680	NEW	$1,799,424	NEW	1	$322.49	1.52%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	6,800	-2,432	$1,447,380	−27.6%	9	$164.00	1.23%
PFGC	Performance Food Group Co Consumer Defensive	Reduced	12,738	-94,050	$1,423,981	−84.4%	19	unpriced	1.21%
TJX	Tjx Companies Inc Consumer Cyclical	Reduced	8,400	-17,800	$1,272,600	−69.6%	2	$155.73	1.08%
CCS	Century Communities, Inc. Real Estate	NEW	11,399	NEW	$816,852	NEW	1	$57.86	0.69%

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.