Sophron Capital Management L.P.
CIK 0002027142
Annualised vol
7.679902%
Beta
0.257465
HHI
345.938557
Top-10 weight
45.511013%
VaR 95%
0.674278%
VaR 99%
1.212025%
Max drawdown
16.955983%
Matched value
42.827849%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| HST | ADDED | 862,907 | 358,267 | 140.86% | 20,459,525 |
| LEN | REDUCED | 170,135 | 204,268 | -16.71% | 15,395,516 |
| ELS | ADDED | 200,084 | 144,735 | 38.24% | 12,895,414 |
| PECO | REDUCED | 251,859 | 383,746 | -34.37% | 10,482,372 |
| DRH | REDUCED | 813,676 | 841,993 | -3.36% | 9,910,574 |
| AMH | REDUCED | 283,360 | 407,586 | -30.48% | 9,498,227 |
| WH | ADDED | 107,644 | 84,358 | 27.6% | 9,064,701 |
| UDR | REDUCED | 213,157 | 385,812 | -44.75% | 8,509,227 |
| CUBE | REDUCED | 182,764 | 248,221 | -26.37% | 7,268,524 |
| PLD | NEW | 41,954 | - | - | 5,683,508 |
| CCI | ADDED | 62,463 | 47,931 | 30.32% | 4,730,323 |
| STAG | ADDED | 103,852 | 17,493 | 493.68% | 3,952,607 |
| SBAC | REDUCED | 22,201 | 51,089 | -56.54% | 3,917,588 |
| INVH | REDUCED | 125,741 | 317,269 | -60.37% | 3,798,636 |
| PSA | NEW | 9,424 | - | - | 2,999,753 |
| JAN | REDUCED | 84,450 | 100,042 | -15.59% | 2,427,093 |
| EXR | REDUCED | 15,659 | 32,701 | -52.11% | 2,275,253 |
| DOC | REDUCED | 87,147 | 221,423 | -60.64% | 1,864,946 |
| NNN | REDUCED | 34,116 | 121,122 | -71.83% | 1,587,417 |
| LXP | REDUCED | 17,163 | 127,219 | -86.51% | 924,742 |
| EQIX | NEW | 517 | - | - | 538,916 |
| BNL | CLOSED OUT | 0 | 256,949 | -100.0% | 0 |
| MTH | CLOSED OUT | 0 | 235,255 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | AGREE RLTY CORP | COM | 008492100 | 25,076,529 | 7.77 | 331087.0 | |
| HST | ADDED | HOST HOTELS & RESORTS INC | COM | 44107P104 | 20,459,525 | 6.34 | 862907.0 |
| LEN | REDUCED | LENNAR CORP | CL A | 526057104 | 15,395,516 | 4.77 | 170135.0 |
| - | AVALONBAY CMNTYS INC | COM | 053484101 | 14,149,297 | 4.39 | 74987.0 | |
| - | FOUR CORNERS PPTY TR INC | COM | 35086T109 | 13,155,829 | 4.08 | 535879.0 | |
| ELS | ADDED | EQUITY LIFESTYLE PROPERTIES | COM | 29472R108 | 12,895,414 | 4.0 | 200084.0 |
| - | REXFORD INDL RLTY INC | COM | 76169C100 | 12,889,560 | 3.99 | 384763.0 | |
| - | GAMING & LEISURE P | COM | 36467J108 | 11,807,619 | 3.66 | 265161.0 | |
| - | ESSEX PPTY TR INC | COM | 297178105 | 10,530,481 | 3.26 | 36114.0 | |
| PECO | REDUCED | PHILLIPS EDISON & CO INC | COMMON STOCK | 71844V201 | 10,482,372 | 3.25 | 251859.0 |
| - | VICI PPTYS INC | COM | 925652109 | 10,291,869 | 3.19 | 387641.0 | |
| DRH | REDUCED | DIAMONDROCK HOSPITALITY CO | COM | 252784301 | 9,910,574 | 3.07 | 813676.0 |
| - | PULTE GROUP INC | COM | 745867101 | 9,809,829 | 3.04 | 71495.0 | |
| AMH | REDUCED | AMERICAN HOMES 4 RENT | CL A | 02665T306 | 9,498,227 | 2.94 | 283360.0 |
| - | CHOICE HOTELS INTL INC | COM | 169905106 | 9,326,196 | 2.89 | 84576.0 | |
| - | EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 9,138,895 | 2.83 | 134534.0 | |
| WH | ADDED | WYNDHAM HOTELS & RESORTS INC | COM | 98311A105 | 9,064,701 | 2.81 | 107644.0 |
| UDR | REDUCED | UDR INC | COM | 902653104 | 8,509,227 | 2.64 | 213157.0 |
| - | REGENCY CTRS CORP | COM | 758849103 | 8,502,437 | 2.64 | 106627.0 | |
| - | DIGITAL RLTY TR INC | COM | 253868103 | 8,125,815 | 2.52 | 45249.0 | |
| CUBE | REDUCED | CUBESMART | COM | 229663109 | 7,268,524 | 2.25 | 182764.0 |
| - | INDEPENDENCE RLTY TR INC | COM | 45378A106 | 7,142,369 | 2.21 | 427943.0 | |
| - | SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | 6,250,234 | 1.94 | 545872.0 | |
| PLD | NEW | PROLOGIS INC. | COM | 74340W103 | 5,683,508 | 1.76 | 41954.0 |
| - | RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 | 5,658,000 | 1.75 | 44014.0 | |
| - | NATIONAL HEALTH INVS INC | COM | 63633D104 | 5,388,455 | 1.67 | 70659.0 | |
| - | SUN CMNTYS INC | COM | 866674104 | 5,321,606 | 1.65 | 44380.0 | |
| CCI | ADDED | CROWN CASTLE INC | COM | 22822V101 | 4,730,323 | 1.47 | 62463.0 |
| - | AMERICAN TOWER CORP | COM | 03027X100 | 4,037,235 | 1.25 | 24682.0 | |
| STAG | ADDED | STAG INDUSTRIAL INC | COM | 85254J102 | 3,952,607 | 1.23 | 103852.0 |
| SBAC | REDUCED | SBA COMMUNICATIONS CORP | CL A | 78410G104 | 3,917,588 | 1.21 | 22201.0 |
| INVH | REDUCED | INVITATION HOMES INC | COM | 46187W107 | 3,798,636 | 1.18 | 125741.0 |
| - | EASTGROUP PPTYS INC | COM | 277276101 | 3,257,493 | 1.01 | 16084.0 | |
| PSA | NEW | PUBLIC STORAGE | COM | 74460D109 | 2,999,753 | 0.93 | 9424.0 |
| - | ESSENTIAL PPTYS RLTY TR INC | COM | 29670E107 | 2,857,988 | 0.89 | 95745.0 | |
| JAN | REDUCED | JANUS LIVING INC | CL A-1 | 471024109 | 2,427,093 | 0.75 | 84450.0 |
| EXR | REDUCED | EXTRA SPACE STORAGE INC | COM | 30225T102 | 2,275,253 | 0.71 | 15659.0 |
| DOC | REDUCED | HEALTHPEAK PROPERTIES INC | COM | 42250P103 | 1,864,946 | 0.58 | 87147.0 |
| NNN | REDUCED | NNN REIT INC | COM | 637417106 | 1,587,417 | 0.49 | 34116.0 |
| - | MARRIOTT INTL INC NEW | CL A | 571903202 | 1,530,166 | 0.47 | 4129.0 | |
| LXP | REDUCED | LXP INDUSTRIAL TRUST | COM | 529043408 | 924,742 | 0.29 | 17163.0 |
| EQIX | NEW | EQUINIX INC | COM | 29444U700 | 538,916 | 0.17 | 517.0 |
| - | CURBLINE PPTYS CORP | COM | 23128Q101 | 219,123 | 0.07 | 7208.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 322,651,887 | 43 | 7.679902 | 0.257465 | 16.955983 |
| 2026-03-31 | 2026-05-15 | 339,388,675 | 41 | 7.171561 | 0.226091 | 15.897698 |
| 2025-12-31 | 2026-02-17 | 311,064,993 | 39 | 4.829041 | 0.147728 | 10.968856 |
| 2025-09-30 | 2025-11-14 | 324,632,907 | 39 | 5.758355 | 0.180611 | 12.608195 |
| 2025-03-31 | 2025-05-15 | 294,106,586 | 39 | 4.568616 | 0.141044 | 9.214174 |
| 2024-12-31 | 2025-02-14 | 252,960,520 | 38 | 4.743374 | 0.145204 | 9.383795 |