Conversant Capital LLC

CIK

1850901

Location

SUMMIT, NJ

Portfolio Value

Small $724,206,375

Diversification

Highly concentrated

Filing Date

Global Rank

#1,858 / 8,232 ▲ 527

Top Industry

Medical Care Facilities 65.0%

3Y Alpha vs SPY

-0.1%

Period ended 2 months ago

Filed May 15, 2026 · 30d

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

+75.9%

SPY

+76.3%

Annualised alpha

-0.1%

Max drawdown

−26.9%

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

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

Top Position

65.0%

+7.6 pts

Top 5

80.6%

−1.8 pts

Top 10

95.1%

−3.9 pts

HHI

4,342

Highly concentrated+824

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	65.0%	$471,039,436	1
Real Estate	21.8%	$158,019,511	8
Utilities	3.4%	$24,974,550	1
Financial Services	3.4%	$24,866,824	1
Consumer Cyclical	2.9%	$21,237,400	2
Industrials	2.6%	$18,701,654	1
Energy	0.7%	$5,367,000	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
SNDA	Sonida Senior Living, Inc.	+5,341,221	14,605,874	$471,039,436
WD	Walker & Dunlop, Inc.	+138,936	560,316	$24,866,824
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
RITM	Rithm Capital Corp.	−755,000	2,500,000	$23,700,000
CTRI	Centuri Holdings, Inc.	−545,000	855,000	$24,974,550
COLD	Americold Realty Trust	−400,000	1,100,000	$12,606,000
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
INVH	Invitation Homes Inc.	1,250,000	$31,062,500
JAN	Janus Living, Inc.	1,210,000	$28,519,700
CCI	Crown Castle Inc.	334,000	$27,157,540
SMA	SmartStop Self Storage REIT, Inc.	857,715	$25,971,610
CDNL	Cardinal Infrastructure Group Inc.	471,609	$18,701,654
DRVN	Driven Brands Holdings Inc.	1,000,000	$12,610,000
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.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
GNL	Global Net Lease, Inc.	3,803,654	$32,711,424
HPP	Hudson Pacific Properties, Inc.	2,607,060	$28,234,459
NSA	National Storage Affiliates Trust	775,000	$21,862,750
IRT	Independence Realty Trust, Inc.	850,000	$14,858,000
AVB	Avalonbay Communities Inc	30,780	$5,580,721
UDR	UDR, Inc.	148,223	$5,436,819
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

15 positions · $724,206,375 total · as of Mar 31, 2026

All sectors Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SNDA	Sonida Senior Living, Inc. Healthcare	Added	14,605,874	+5,341,221	$471,039,436	+55.9%	65.04%
INVH	Invitation Homes Inc. Real Estate	NEW	1,250,000	NEW	$31,062,500	NEW	4.29%
JAN	Janus Living, Inc. Real Estate	NEW	1,210,000	NEW	$28,519,700	NEW	3.94%
CCI	Crown Castle Inc. Real Estate	NEW	334,000	NEW	$27,157,540	NEW	3.75%
SMA	SmartStop Self Storage REIT, Inc. Real Estate	NEW	857,715	NEW	$25,971,610	NEW	3.59%
CTRI	Centuri Holdings, Inc. Utilities	Reduced	855,000	-545,000	$24,974,550	−29.4%	3.45%
WD	Walker & Dunlop, Inc. Financial Services	Added	560,316	+138,936	$24,866,824	−1.9%	3.43%
RITM	Rithm Capital Corp. Real Estate	Reduced	2,500,000	-755,000	$23,700,000	−33.2%	3.27%
CDNL	Cardinal Infrastructure Group Inc. Industrials	NEW	471,609	NEW	$18,701,654	NEW	2.58%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	NEW	1,000,000	NEW	$12,610,000	NEW	1.74%
COLD	Americold Realty Trust Real Estate	Reduced	1,100,000	-400,000	$12,606,000	−34.7%	1.74%
KREF	KKR Real Estate Finance Trust Inc. Real Estate	NEW	1,470,600	NEW	$9,000,072	NEW	1.24%
H	Hyatt Hotels Corp Consumer Cyclical	NEW	60,000	NEW	$8,627,400	NEW	1.19%
APC	ARKO Petroleum Corp. Energy	NEW	300,000	NEW	$5,367,000	NEW	0.74%
PKST	Peakstone Realty Trust Real Estate	Held	100	0	$2,089	+45.6%	0.00%