Q3 2025 · 13F-HR
RUSH ISLAND MANAGEMENT, LPholdings as filed
Filed 2025-11-14 · accession 0001214659-25-016635
$1.46B
Reported value
17
Positions
2025-09-30
Period end
The Brief · RUSH ISLAND MANAGEMENT, LP · Q3 2025
AI · grounded in 13F
RUSH ISLAND MANAGEMENT, LP initiated its largest new position in SBAC with an investment of $182.4M. The fund also established new stakes in ESS for $159M and HR for $140.7M. Other new additions include FRT, NNN, and O. The fund ended the period with 17 positions and total AUM of $1.46B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78410G104 | SBAC | SBA COMMUNICATIONS CORP NEW | $182.4M | 12.5% | 943,523 | Common | SOLE |
| 297178105 | ESS | ESSEX PPTY TR INC | $159.0M | 10.9% | 594,108 | Common | SOLE |
| 42226K105 | HR | HEALTHCARE RLTY TR | $140.7M | 9.64% | 7,803,351 | Common | SOLE |
| 313745101 | FRT | FEDERAL RLTY INVT TR NEW | $132.9M | 9.11% | 1,311,488 | Common | SOLE |
| 637417106 | NNN | NNN REIT INC | $130.7M | 8.96% | 3,069,753 | Common | SOLE |
| 756109104 | O | REALTY INCOME CORP | $126.8M | 8.69% | 2,085,394 | Common | SOLE |
| 92276F100 | VTR | VENTAS INC | $123.9M | 8.49% | 1,770,189 | Common | SOLE |
| 49427F108 | KRC | KILROY RLTY CORP | $118.0M | 8.09% | 2,791,863 | Common | SOLE |
| 32054K103 | FR | FIRST INDL RLTY TR INC | $105.7M | 7.25% | 2,053,829 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $85.8M | 5.88% | 604,500 | Common | SOLE |
| 867892101 | SHO | SUNSTONE HOTEL INVS INC NEW | $34.7M | 2.38% | 3,708,130 | Common | SOLE |
| 004239109 | AKR | ACADIA RLTY TR | $34.6M | 2.37% | 1,718,816 | Common | SOLE |
| 82981J851 | SITC | SITE CTRS CORP | $30.0M | 2.06% | 3,330,365 | Common | SOLE |
| 53566V106 | LINE | LINEAGE INC | $19.9M | 1.36% | 513,900 | Common | SOLE |
| 23128Q101 | CURB | CURBLINE PPTYS CORP | $17.1M | 1.17% | 767,641 | Common | SOLE |
| 83001C108 | FUN | SIX FLAGS ENTERTAINMENT CORP | $11.1M | 0.76% | 487,121 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $5.5M | 0.38% | 158,627 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.