RUSH ISLAND MANAGEMENT LP's Q2 2023 13F: 2 new positions
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 14 reported positions · accession 0001214659-23-011286
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | HEALTHCARE RLTY TR (HR) | 11.7% | 14.8% | +3.1 pts | +2.72M sh | +55% |
| New | CUSHMAN WAKEFIELD PLC (CWK) | — | 2.9% | +2.9 pts | +3.44M sh | new |
| Increased | NNN REIT INC (NNN) | 10.0% | 10.2% | +0.2 pts | +489K sh | +27% |
| Reduced | FEDERAL RLTY INVT TR NEW (FRT) | 11.8% | 8.0% | −3.8 pts | −161K sh | −17% |
| Increased | APARTMENT INCOME REIT CORP (AIRC) | 9.9% | 9.5% | −0.4 pts | +325K sh | +14% |
| Increased | SPIRIT RLTY CAP INC NEW (SRC) | 12.1% | 11.0% | −1.1 pts | +261K sh | +11% |
| Increased | SUNSTONE HOTEL INVS INC NEW (SHO) | 7.8% | 7.6% | −0.2 pts | +944K sh | +15% |
| Increased | PARK HOTELS & RESORTS INC (PK) | 9.5% | 9.2% | −0.4 pts | +714K sh | +11% |
| Increased | SIX FLAGS ENTMT CORP NEW (SIX) | 8.2% | 7.4% | −0.7 pts | +300K sh | +12% |
| Increased | ESSEX PPTY TR INC (ESS) | 13.3% | 13.1% | −0.1 pts | +30,647 sh | +6% |
| New | EPR PPTYS (EPR) | — | 0.4% | +0.4 pts | +91,407 sh | new |
| Increased | INVENTRUST PPTYS CORP (IVT) | 1.3% | 1.5% | +0.2 pts | +161K sh | +35% |
| Increased | BLACK KNIGHT INC (BKI) | 2.9% | 2.9% | 0.0 pts | +60,645 sh | +15% |
| Increased | DOUGLAS EMMETT INC (DEI) | 1.5% | 1.4% | −0.1 pts | +117K sh | +12% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 93.8% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | HEALTHCARE RLTY TR (HR) | 11.7% | 14.8% | |
| 2 | ESSEX PPTY TR INC (ESS) | 13.3% | 13.1% | |
| 3 | SPIRIT RLTY CAP INC NEW (SRC) | 12.1% | 11.0% | |
| 4 | NNN REIT INC (NNN) | 10.0% | 10.2% | |
| 5 | APARTMENT INCOME REIT CORP (AIRC) | 9.9% | 9.5% | |
| 6 | PARK HOTELS & RESORTS INC (PK) | 9.5% | 9.2% | |
| 7 | FEDERAL RLTY INVT TR NEW (FRT) | 11.8% | 8.0% | |
| 8 | SUNSTONE HOTEL INVS INC NEW (SHO) | 7.8% | 7.6% | |
| 9 | SIX FLAGS ENTMT CORP NEW (SIX) | 8.2% | 7.4% | |
| 10 | BLACK KNIGHT INC (BKI) | 2.9% | 2.9% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | HOST HOTELS & RESORTS INC (HST) | Put | 2.97M | 0 | $0 |
| New | BLACKROCK TCP CAPITAL CORP (TCPC) | Put | 0 | 1.02M | $21.1M |
| New | HOST HOTELS & RESORTS INC (HST) | Put | 0 | 1.24M | $20.9M |
| New | PULTE GROUP INC (PHM) | Put | 0 | 260K | $20.2M |
| Exited | BLACKSTONE MTG TR INC (BXMT) | Put | 1.02M | 0 | $0 |
| New | D R HORTON INC (DHI) | Put | 0 | 130K | $15.8M |