Conversant Capital LLC

Registered adviser

CIK

1850901

Location

SUMMIT, NJ

Portfolio Value

Small $851,927,989

Diversification

Highly concentrated

Filing Date

Global Rank

#2,794 / 8,818 —

Top Industry

Medical Care Facilities 69.9%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

19 quarters · since Dec 2021

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, Oct 1, 2026

Form ADV adviser

CRD 308201

Roster of Oct 1, 2026

Regulatory AUM

$3,115,964,049

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

21 funds · Mixed

Focus by fund count, roster of Oct 1, 2026

$3,115,964,049 gross assets

LEI

549300CGQ3CR9WERWI07

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

As filed Apr 24, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$1,929,972,000 gross assets in 9 funds Other private funds $1,153,869,000 (4) Hedge funds $550,409,000 (1) Private equity funds $225,694,000 (4)

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 Oct 2026	$3,115,964,049	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$2,603,942,605	Pooled investment vehicles (100%)
May 2024 to Mar 2025	$1,928,785,167	Pooled investment vehicles (100%)
Apr 2024	$1,928,785,167	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$1,591,730,563	Pooled investment vehicles (100%)
Apr 2023	$1,591,730,563	Pooled investment vehicles (100%)

6 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 93.9% of the book (60%+)

Turnover

Medium turnover

67.0% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 13.8 quarters (12+)

Closest benchmark: the Russell 2000 as of 2026-06-30, active share 99.3%; sector active share 77.2% against the combined 13F book's sector weights.

Over time 19 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

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

Top Position

69.9%

+6.7 pts

Top 5

83.4%

+5.0 pts

Top 10

93.9%

+0.4 pts

HHI

4,968

Highly concentrated+853

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Healthcare	69.9%	$595,919,659	1
Real Estate	17.1%	$146,050,505	8
Technology	3.6%	$30,955,025	2
Utilities	3.4%	$28,728,000	1
Industrials	2.7%	$23,294,950	1
Consumer Cyclical	2.5%	$21,415,850	2
Energy	0.7%	$5,564,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
CTRI	Centuri Holdings, Inc.	+95,000	950,000	$28,728,000
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
JAN	Janus Living, Inc.	−360,000	850,000	$24,429,000
INVH	Invitation Homes Inc.	−300,000	950,000	$28,699,500
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
COMP	Compass, Inc.	2,625,000	$32,366,250
WLDN	Willdan Group, Inc.	294,500	$23,294,950
NUAI	New ERA Energy & Digital, Inc.	3,515,000	$22,425,700
DOC	Healthpeak Properties, Inc.	750,000	$16,050,000
CURB	Curbline Properties Corp.	474,000	$14,409,600
CBRE	Cbre Group, Inc.	91,500	$12,324,135
BXDC	Blackstone Digital Infrastructure Trust Inc.	500,000	$10,815,000
SHAZ	SharonAI Holdings Inc.	100,748	$8,529,325
HNI	Hni Corp	185,000	$7,475,850
HPP	Hudson Pacific Properties, Inc.	458,000	$6,957,020
WHK	WhiteHawk Minerals Corp.	200,000	$5,564,000
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
CCI	Crown Castle Inc.	334,000	$27,157,540
SMA	SmartStop Self Storage REIT, Inc.	857,715	$25,971,610
WD	Walker & Dunlop, Inc.	560,316	$24,866,824
RITM	Rithm Capital Corp.	2,500,000	$23,700,000
—		100	$20,357,499
CDNL	Cardinal Infrastructure Group Inc.	471,609	$18,701,654
COLD	Americold Realty Trust	1,100,000	$12,606,000
KREF	KKR Real Estate Finance Trust Inc.	1,470,600	$9,000,072
H	Hyatt Hotels Corp	60,000	$8,627,400
APC	ARKO Petroleum Corp.	300,000	$5,367,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

16 tracked positions · $851,927,989 total · filing declares 17 positions · $852,492,406 · as of Jun 30, 2026

All sectors Consumer Cyclical Energy Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SNDA	Sonida Senior Living, Inc. Healthcare	Held	14,605,874	0	$595,919,659	+26.5%	19	before history	69.95%
COMP	Compass, Inc. Real Estate	NEW	2,625,000	NEW	$32,366,250	NEW	1	$8.33	3.80%
CTRI	Centuri Holdings, Inc. Utilities	Added	950,000	+95,000	$28,728,000	+15.0%	4	$22.33	3.37%
INVH	Invitation Homes Inc. Real Estate	Reduced	950,000	-300,000	$28,699,500	−7.6%	2	$26.19	3.37%
JAN	Janus Living, Inc. Real Estate	Reduced	850,000	-360,000	$24,429,000	−14.3%	2	unpriced	2.87%
WLDN	Willdan Group, Inc. Industrials	NEW	294,500	NEW	$23,294,950	NEW	1	$85.16	2.73%
NUAI	New ERA Energy & Digital, Inc. Technology	NEW	3,515,000	NEW	$22,425,700	NEW	1	$4.85	2.63%
DOC	Healthpeak Properties, Inc. Real Estate	NEW	750,000	NEW	$16,050,000	NEW	1	$18.66	1.88%
CURB	Curbline Properties Corp. Real Estate	NEW	474,000	NEW	$14,409,600	NEW	1	$28.54	1.69%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	Held	1,000,000	0	$13,940,000	+10.5%	2	$14.08	1.64%
CBRE	Cbre Group, Inc. Real Estate	NEW	91,500	NEW	$12,324,135	NEW	1	$137.77	1.45%
BXDC	Blackstone Digital Infrastructure Trust Inc. Real Estate	NEW	500,000	NEW	$10,815,000	NEW	1	$21.71	1.27%
SHAZ	SharonAI Holdings Inc. Technology	NEW	100,748	NEW	$8,529,325	NEW	1	$56.43	1.00%
HNI	Hni Corp Consumer Cyclical	NEW	185,000	NEW	$7,475,850	NEW	1	$34.02	0.88%
HPP	Hudson Pacific Properties, Inc. Real Estate	NEW	458,000	NEW	$6,957,020	NEW	1	$10.97	0.82%
WHK	WhiteHawk Minerals Corp. Energy	NEW	200,000	NEW	$5,564,000	NEW	1	unpriced	0.65%

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.