Q3 2025 · 13F-HR
Sophron Capital Management L.P.holdings as filed
Filed 2025-11-14 · accession 0001214659-25-016638
$324.6M
Reported value
39
Positions
2025-09-30
Period end
The Brief · Sophron Capital Management L.P. · Q3 2025
AI · grounded in 13F
Sophron Capital Management L.P. established a new position in AGREE RLTY CORP ADC valued at $22.66M. The fund also initiated new stakes in MERITAGE HOMES CORP MTH for $20.12M and PHILLIPS EDISON & CO INC PECO for $19.69M. These moves contributed to a portfolio of 39 positions with total assets under management of $324.63M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 008492100 | ADC | AGREE RLTY CORP | $22.7M | 6.98% | 318,916 | Common | SOLE |
| 59001A102 | MTH | MERITAGE HOMES CORP | $20.1M | 6.20% | 277,782 | Common | SOLE |
| 71844V201 | PECO | PHILLIPS EDISON & CO INC | $19.7M | 6.07% | 573,661 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $18.0M | 5.53% | 92,957 | Common | SOLE |
| 297178105 | ESS | ESSEX PPTY TR INC | $16.5M | 5.07% | 61,503 | Common | SOLE |
| 35086T109 | FCPT | FOUR CORNERS PPTY TR INC | $16.1M | 4.95% | 658,446 | Common | SOLE |
| 29472R108 | ELS | EQUITY LIFESTYLE PPTYS INC | $13.2M | 4.06% | 216,932 | Common | SOLE |
| 252784301 | DRH | DIAMONDROCK HOSPITALITY CO | $13.2M | 4.06% | 1,654,026 | Common | SOLE |
| 87265H109 | T86 | TRI POINTE HOMES INC | $12.7M | 3.91% | 373,186 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $12.5M | 3.86% | 156,745 | Common | SOLE |
| 169905106 | CHH | CHOICE HOTELS INTL INC | $12.3M | 3.79% | 115,208 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $11.4M | 3.51% | 244,477 | Common | SOLE |
| 902653104 | UDR | UDR INC | $10.7M | 3.30% | 287,352 | Common | SOLE |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $10.5M | 3.23% | 36,269 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $9.6M | 2.94% | 75,833 | Common | SOLE |
| 02665T306 | AMH | AMERICAN HOMES 4 RENT | $8.9M | 2.75% | 268,933 | Common | SOLE |
| 29476L107 | EQR | EQUITY RESIDENTIAL | $7.6M | 2.33% | 116,977 | Common | SOLE |
| 32054K103 | FR | FIRST INDL RLTY TR INC | $7.3M | 2.26% | 142,532 | Common | SOLE |
| 78410G104 | SBAC | SBA COMMUNICATIONS CORP NEW | $7.1M | 2.18% | 36,573 | Common | SOLE |
| 229663109 | CUBE | CUBESMART | $7.0M | 2.16% | 172,146 | Common | SOLE |
| 11135E203 | BNL | BROADSTONE NET LEASE INC | $6.8M | 2.09% | 379,369 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $6.7M | 2.07% | 34,950 | Common | SOLE |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $6.6M | 2.03% | 73,596 | Common | SOLE |
| 637417106 | NNN | NNN REIT INC | $6.1M | 1.88% | 143,336 | Common | SOLE |
| 45378A106 | IRT | INDEPENDENCE RLTY TR INC | $5.7M | 1.75% | 347,461 | Common | SOLE |
| 313745101 | FRT | FEDERAL RLTY INVT TR NEW | $5.3M | 1.62% | 51,956 | Common | SOLE |
| 925652109 | VICI | VICI PPTYS INC | $4.5M | 1.40% | 139,339 | Common | SOLE |
| 42250P103 | DOC | HEALTHPEAK PROPERTIES INC | $4.2M | 1.29% | 218,281 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $4.0M | 1.22% | 5,048 | Common | SOLE |
| 46187W107 | INVH | INVITATION HOMES INC | $3.5M | 1.07% | 118,590 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $2.1M | 0.66% | 22,212 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $2.1M | 0.66% | 12,315 | Common | SOLE |
| 30225T102 | EXR | EXTRA SPACE STORAGE INC | $2.1M | 0.65% | 14,935 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $2.1M | 0.64% | 18,120 | Common | SOLE |
| 866674104 | SUI | SUN CMNTYS INC | $2.0M | 0.62% | 15,586 | Common | SOLE |
| 277276101 | EGP | EASTGROUP PPTYS INC | $1.7M | 0.54% | 10,284 | Common | SOLE |
| 63633D104 | NHI | NATIONAL HEALTH INVS INC | $1.5M | 0.46% | 18,685 | Common | SOLE |
| 146280508 | SILA | SILA REALTY TRUST INC | $590,277 | 0.18% | 23,517 | Common | SOLE |
| 939653101 | ELME | ELME COMMUNITIES | $180,335 | 0.06% | 10,696 | 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.