RUSH ISLAND MANAGEMENT LP
Q1 2025 Form 13-F
NEW YORK, NEW YORK
CIK 0001736465
· CRD 291275
· SEC-registered investment adviser
$1.6B Reported Value Total
RUSH ISLAND MANAGEMENT, LP reports 5 total accounts under management (AUM). There are 5 discretionary accounts valued at $2,043,803,000, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
2 funds
· $1.6B gross asset value
Hedge Fund: $1.6B
Source: Form ADV filed 2026-03-27
Reported value
$1.6B
Quarter over quarter
-0.2%
Holdings
14
Top-10 concentration
90.2%
Key People
Form ADV owners & control persons
Stephen Lewis Millham
MANAGING MEMBER
Raleigh W Nuckols
MANAGING MEMBER
Chad Hillard Goldstein
CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, AND CHIEF OPERATING OFFICER
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Q1 2025 13F record
Q1 2025 13F filing summary
| Period of report | March 31, 2025 |
|---|---|
| Filed | May 15, 2025 |
| Form | 13F-HR |
| Reported value | $1.6B |
| Positions | 14 |
| Change in reported value | +4.4% |
| New positions | 2 |
| Exited positions | 2 |
| Position turnover | 25.0% |
| Top-10 concentration | 90.2% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
22 | $1.5B |
|
Q1 2026 13F
Filed May 15, 2026
|
22 | $1.5B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
17 | $1.6B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
17 | $1.5B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
17 | $1.5B |
|
Q1 2025 13F
Filed May 15, 2025
|
14 | $1.6B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
14 | $1.5B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
18 | $1.3B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
13 | $1.2B |
|
Q1 2024 13F
Filed May 15, 2024
|
15 | $1.2B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
14 | $1.3B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
19 | $1.2B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
14 | $1.1B |
|
Q1 2023 13F
Filed May 15, 2023
|
12 | $883.6M |
|
Q4 2022 13F
Filed Feb 14, 2023
|
14 | $606.7M |
|
Q3 2022 13F
Filed Nov 14, 2022
|
12 | $466.2M |
|
Q2 2022 13F
Filed Aug 15, 2022
|
11 | $457.2M |
|
Q1 2022 13F
Filed May 16, 2022
|
15 | $481.1M |
|
Q4 2021 13F
Filed Feb 14, 2022
|
19 | $545.1M |
|
Q3 2021 13F
Filed Nov 15, 2021
|
22 | $506.4M |
11 earlier quarters on file — choose one from the quarter menu above.
Top 14 holdings · Q1 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | HR HEALTHCARE RLTY TR | $211.8M | 13.49% |
| 2 | VTR VENTAS INC | $188.1M | 11.98% |
| 3 | O REALTY INCOME CORP | $162.1M | 10.32% |
| 4 | KRC KILROY RLTY CORP | $145.4M | 9.26% |
| 5 | NNN NNN REIT INC | $141.0M | 8.98% |
| 6 | FRT FEDERAL RLTY INVT TR NEW | $138.7M | 8.83% |
| 7 | REXR REXFORD INDL RLTY INC | $121.1M | 7.71% |
| 8 | SBAC SBA COMMUNICATIONS CORP NEW | $120.6M | 7.68% |
| 9 | HST HOST HOTELS & RESORTS INC | $107.2M | 6.83% |
| 10 | CUZ COUSINS PPTYS INC | $80.9M | 5.15% |
| 11 | AIV APARTMENT INVT & MGMT CO | $42.1M | 2.68% |
| 12 | H HYATT HOTELS CORP | $40.9M | 2.61% |
| 13 | BKD BROOKDALE SR LIVING INC | $40.5M | 2.58% |
| 14 | SITC SITE CTRS CORP | $30.2M | 1.92% |
Values as reported on the Q1 2025 Form 13F. Every position is in the holdings table below.