RUSH ISLAND MANAGEMENT LP's Q4 2024 13F: 3 new positions, 7 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 14, 2025 · 14 reported positions · accession 0001214659-25-002846
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | REXFORD INDL RLTY INC (REXR) | — | 8.8% | +8.8 pts | +3.43M sh | new |
| Exited | SUNSTONE HOTEL INVS INC NEW (SHO) | 7.7% | — | −7.7 pts | −9.66M sh | −100% |
| New | KILROY RLTY CORP (KRC) | — | 7.3% | +7.3 pts | +2.71M sh | new |
| Increased | VENTAS INC (VTR) | 6.7% | 12.1% | +5.5 pts | +1.75M sh | +131% |
| New | HOST HOTELS & RESORTS INC (HST) | — | 6.6% | +6.6 pts | +5.67M sh | new |
| Exited | DIAMONDROCK HOSPITALITY CO (DRH) | 4.0% | — | −4.0 pts | −5.93M sh | −100% |
| Exited | SBA COMMUNICATIONS CORP NEW (SBAC) | 3.7% | — | −3.7 pts | −199K sh | −100% |
| Exited | KITE RLTY GROUP TR (KRG) | 3.6% | — | −3.6 pts | −1.77M sh | −100% |
| Increased | HEALTHCARE RLTY TR (HR) | 18.1% | 17.7% | −0.5 pts | +2.75M sh | +21% |
| Increased | COUSINS PPTYS INC (CUZ) | 3.6% | 6.1% | +2.6 pts | +1.44M sh | +91% |
| Exited | CORE SCIENTIFIC INC NEW (CORZ) | 2.5% | — | −2.5 pts | −2.72M sh | −100% |
| Reduced | NETSTREIT CORP (NTST) | 3.0% | 0.3% | −2.7 pts | −1.99M sh | −84% |
| Increased | FIRST INDL RLTY TR INC (FR) | 4.7% | 5.5% | +0.8 pts | +554K sh | +51% |
| Increased | APARTMENT INVT & MGMT CO (AIV) | 1.2% | 2.7% | +1.5 pts | +2.77M sh | +157% |
| Increased | SITE CTRS CORP (SITC) | 1.1% | 1.6% | +0.5 pts | +1.35M sh | +596% |
| Increased | FEDERAL RLTY INVT TR NEW (FRT) | 8.9% | 8.8% | −0.1 pts | +182K sh | +18% |
| Reduced | REALTY INCOME CORP (O) | 17.3% | 11.4% | −5.9 pts | −316K sh | −9% |
| Increased | BROOKDALE SR LIVING INC (BKD) | 2.7% | 2.8% | +0.1 pts | +3.19M sh | +62% |
| Increased | NNN REIT INC (NNN) | 10.3% | 8.2% | −2.1 pts | +263K sh | +10% |
| Exited | SITE CTRS CORP (SITC) | 0.5% | — | −0.5 pts | −379K sh | −100% |
| Exited | IRIS ENERGY LTD (IREN) | 0.4% | — | −0.4 pts | −567K sh | −100% |
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 — 92.5% of the equity book
Changes in the top 10 this quarter: REXR entered · KRC entered · HST entered · CUZ entered · SHO left · DRH left · SBAC left · KRG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | HEALTHCARE RLTY TR (HR) | 18.1% | 17.7% | |
| 2 | VENTAS INC (VTR) | 6.7% | 12.1% | |
| 3 | REALTY INCOME CORP (O) | 17.3% | 11.4% | |
| 4 | FEDERAL RLTY INVT TR NEW (FRT) | 8.9% | 8.8% | |
| 5 | REXFORD INDL RLTY INC (REXR) | 0.0% | 8.8% | Entered the top 10 |
| 6 | NNN REIT INC (NNN) | 10.3% | 8.2% | |
| 7 | KILROY RLTY CORP (KRC) | 0.0% | 7.3% | Entered the top 10 |
| 8 | HOST HOTELS & RESORTS INC (HST) | 0.0% | 6.6% | Entered the top 10 |
| 9 | COUSINS PPTYS INC (CUZ) | 3.6% | 6.1% | Entered the top 10 |
| 10 | FIRST INDL RLTY TR INC (FR) | 4.7% | 5.5% | |
| — | SUNSTONE HOTEL INVS INC NEW (SHO) | 7.7% | 0.0% | Left the top 10 |
| — | DIAMONDROCK HOSPITALITY CO (DRH) | 4.0% | 0.0% | Left the top 10 |
| — | SBA COMMUNICATIONS CORP NEW (SBAC) | 3.7% | 0.0% | Left the top 10 |
| — | KITE RLTY GROUP TR (KRG) | 3.6% | 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).