Institutional
RUSH ISLAND MANAGEMENT, LP
CIK 0001736465
$1.49B
Reported AUM
22
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · RUSH ISLAND MANAGEMENT, LP · Q1 2026
AI · grounded in 13F
RUSH ISLAND MANAGEMENT, LP exited its position in UDR, reducing exposure by $130.8M. The fund also closed its position in O for $112.9M and liquidated NSA for $33.7M. Offsetting these sells, the fund established a new position in INVH worth $105.2M and added new holdings in IRT for $51.4M and ADC for $51M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | ESS | ESSEX PPTY TR INC | $195.5M | 13.12% | +170,682 | +26.8% |
| 2 | SBAC | SBA COMMUNICATIONS CORP | $168.4M | 11.30% | -199,205 | -16.9% |
| 3 | KRC | KILROY REALTY CORP | $137.1M | 9.20% | +2,226,821 | +84.5% |
| 4 | NNN | NNN REIT INC | $130.3M | 8.74% | -733,802 | -19.1% |
| 5 | HR | HEALTHCARE RLTY TR | $122.8M | 8.24% | -1,782,540 | -19.8% |
| 6 | VTR | VENTAS INC | $114.7M | 7.70% | -230,795 | -14.1% |
| 7 | INVH | INVITATION HOMES INC | $105.3M | 7.06% | +4,237,107 | NEW |
| 8 | FR | FIRST INDL RLTY TR INC | $101.5M | 6.81% | -325,198 | -15.6% |
| 9 | FRT | FEDERAL RLTY INVT TR NEW | $67.8M | 4.55% | -646,557 | -50.3% |
| 10 | IRT | INDEPENDENCE RLTY TR INC | $51.5M | 3.45% | +3,456,162 | NEW |
| 11 | ADC | AGREE RLTY CORP | $51.1M | 3.43% | +677,438 | NEW |
| 12 | EPRT | ESSENTIAL PPTYS RLTY TR INC | $37.9M | 2.54% | +1,249,087 | NEW |
| 13 | COLD | AMERICOLD REALTY TRUST INC | $35.5M | 2.38% | +168,657 | +5.8% |
| 14 | AKR | ACADIA RLTY TR | $32.3M | 2.17% | -29,538 | -1.7% |
| 15 | SBRA | SABRA HEALTH CARE REIT INC | $30.7M | 2.06% | +1,598,287 | NEW |
| 16 | SITC | SITE CTRS CORP | $24.0M | 1.61% | +456,032 | +11.4% |
| 17 | CSGP | COSTAR GROUP INC | $19.5M | 1.31% | +483,200 | NEW |
| 18 | APLE | APPLE HOSPITALITY REIT INC | $17.1M | 1.15% | +1,489,435 | NEW |
| 19 | CURB | CURBLINE PPTYS CORP | $17.1M | 1.15% | -103,813 | -13.5% |
| 20 | FUN | SIX FLAGS ENTERTAINMENT CORP | $16.5M | 1.10% | -253,400 | -21.5% |
| 21 | JAN | JANUS LIVING INC | $7.1M | 0.47% | +300,000 | NEW |
| 22 | SNDA | SONIDA SENIOR LIVING INC | $7.0M | 0.47% | +218,171 | NEW |
| 23 | UDR | UDR INC | — | — | -3,566,132 | EXITED |
| 24 | O | REALTY INCOME CORP | — | — | -2,004,065 | EXITED |
| 25 | NSA | NATIONAL STORAGE AFFILIATES | — | — | -1,197,716 | EXITED |
| 26 | SMA | SMARTSTOP SELF STORAG REIT I | — | — | -505,613 | EXITED |
Source: SEC EDGAR · accession 0001214659-26-006469. 13F discloses long positions only — shorts, foreign equities, and options are excluded.