RUSH ISLAND MANAGEMENT LP's Q2 2024 13F: 2 new positions, 4 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 13 reported positions · accession 0001214659-24-014689
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | WP CAREY INC (WPC) | 6.1% | — | −6.1 pts | −1.24M sh | −100% |
| Exited | SIX FLAGS ENTMT CORP NEW (SIX) | 4.6% | — | −4.6 pts | −2M sh | −100% |
| New | KITE RLTY GROUP TR (KRG) | — | 3.8% | +3.8 pts | +2.07M sh | new |
| Exited | VERIS RESIDENTIAL INC (VRE) | 2.9% | — | −2.9 pts | −2.17M sh | −100% |
| Increased | FEDERAL RLTY INVT TR NEW (FRT) | 11.5% | 13.3% | +1.8 pts | +313K sh | +24% |
| Increased | SITE CTRS CORP (SITC) | 5.7% | 7.5% | +1.8 pts | +1.84M sh | +41% |
| Increased | REALTY INCOME CORP (O) | 16.3% | 16.7% | +0.4 pts | +400K sh | +12% |
| New | SABRA HEALTH CARE REIT INC (SBRA) | — | 1.6% | +1.6 pts | +1.28M sh | new |
| Increased | HEALTHCARE RLTY TR (HR) | 19.5% | 23.0% | +3.5 pts | +1.14M sh | +7% |
| Increased | BROOKDALE SR LIVING INC (BKD) | 0.8% | 2.2% | +1.3 pts | +2.45M sh | +171% |
| Increased | NETSTREIT CORP (NTST) | 1.6% | 2.6% | +1.0 pts | +987K sh | +97% |
| Exited | AMERICOLD REALTY TRUST INC (COLD) | 1.2% | — | −1.2 pts | −560K sh | −100% |
| Reduced | CUSHMAN WAKEFIELD PLC (CWK) | 2.5% | 1.7% | −0.7 pts | −697K sh | −25% |
| Increased | NNN REIT INC (NNN) | 10.4% | 10.3% | −0.1 pts | +149K sh | +5% |
| Increased | VENTAS INC (VTR) | 6.5% | 7.7% | +1.2 pts | +121K sh | +7% |
| Increased | SUNSTONE HOTEL INVS INC NEW (SHO) | 9.1% | 8.3% | −0.9 pts | +227K sh | +2% |
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 — 95.5% of the equity book
Changes in the top 10 this quarter: KRG entered · NTST entered · BKD entered · WPC left · SIX left · VRE left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | HEALTHCARE RLTY TR (HR) | 19.5% | 23.0% | |
| 2 | REALTY INCOME CORP (O) | 16.3% | 16.7% | |
| 3 | FEDERAL RLTY INVT TR NEW (FRT) | 11.5% | 13.3% | |
| 4 | NNN REIT INC (NNN) | 10.4% | 10.3% | |
| 5 | SUNSTONE HOTEL INVS INC NEW (SHO) | 9.1% | 8.3% | |
| 6 | VENTAS INC (VTR) | 6.5% | 7.7% | |
| 7 | SITE CTRS CORP (SITC) | 5.7% | 7.5% | |
| 8 | KITE RLTY GROUP TR (KRG) | 0.0% | 3.8% | Entered the top 10 |
| 9 | NETSTREIT CORP (NTST) | 1.6% | 2.6% | Entered the top 10 |
| 10 | BROOKDALE SR LIVING INC (BKD) | 0.8% | 2.2% | Entered the top 10 |
| — | WP CAREY INC (WPC) | 6.1% | 0.0% | Left the top 10 |
| — | SIX FLAGS ENTMT CORP NEW (SIX) | 4.6% | 0.0% | Left the top 10 |
| — | VERIS RESIDENTIAL INC (VRE) | 2.9% | 0.0% | Left the top 10 |
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 | PROLOGIS INC. (PLD) | Put | 37,700 | 0 | $0 |