13F holdings as of 2026-03-31 · vs 2025-12-31 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | SATS 3.875 11/30/30ECHOSTAR CORP | TRIM | 230.9M | $827.1M | 13.8% | -$757.1M |
| 2 | PXEDPHOENIX ED PARTNERS INC | 24.9M | $783.4M | 13.1% | +$28.9M | |
| 3 | HGVHILTON GRAND VACATIONS INC | 18.2M | $713.8M | 11.9% | -$102.7M | |
| 4 | ADTADT INC DEL | 102.0M | $670.1M | 11.2% | -$153.0M | |
| 5 | AEROGRUPO AEROMEXICO SAB DE CV | 27.5M | $385.3M | 6.4% | -$218.7M | |
| 6 | VOOVANGUARD INDEX FDS | NEW | 591K | $352.9M | 5.9% | new |
| 7 | SATSECHOSTAR CORP | TRIM | 1.9M | $220.6M | 3.7% | -$47.2M |
| 8 | NVDANVIDIA CORPORATION | ADD | 1.0M | $174.4M | 2.9% | +$81.2M |
| 9 | KMXCARMAX INC | TRIM | 4.1M | $172.3M | 2.9% | -$22.7M |
| 10 | GBTGGLOBAL BUSINESS TRAVEL GROUP | 22.9M | $127.7M | 2.1% | -$47.4M | |
| 11 | RXTRACKSPACE TECHNOLOGY INC | 129.6M | $127.0M | 2.1% | +$1.2M | |
| 12 | CMCSACOMCAST CORP NEW | ADD | 4.3M | $124.5M | 2.1% | +$57.7M |
| 13 | TPGTPG INC | NEW | 2.5M | $102.5M | 1.7% | new |
| 14 | UNITUNITI GROUP LLC | TRIM | 9.3M | $87.0M | 1.5% | +$19.7M |
| 15 | TDAYUSA TODAY CO INC | 12.1M | $85.5M | 1.4% | +$23.0M | |
| 16 | INVHINVITATION HOMES INC | ADD | 2.0M | $50.2M | 0.8% | +$33.8M |
| 17 | VTRVENTAS INC | ADD | 581K | $47.5M | 0.8% | +$3.2M |
| 18 | VICIVICI PPTYS INC | ADD | 1.7M | $46.4M | 0.8% | +$30.5M |
| 19 | CHDNCHURCHILL DOWNS INC | NEW | 477K | $42.8M | 0.7% | new |
| 20 | PSAPUBLIC STORAGE OPER CO | ADD | 144K | $39.0M | 0.7% | +$2.6M |
| 21 | EXREXTRA SPACE STORAGE INC | TRIM | 287K | $37.6M | 0.6% | -$678K |
| 22 | ARESARES MANAGEMENT CORPORATION | NEW | 330K | $36.0M | 0.6% | new |
| 23 | CYHCOMMUNITY HEALTH SYS INC NEW | TRIM | 11.5M | $33.8M | 0.6% | -$3.2M |
| 24 | SPGSIMON PPTY GROUP INC NEW | 169K | $31.5M | 0.5% | +$240K | |
| 25 | OREALTY INCOME CORP | 509K | $31.1M | 0.5% | +$2.4M | |
| 26 | BRXBRIXMOR PPTY GROUP INC | 1.0M | $29.5M | 0.5% | +$2.6M | |
| 27 | KIMKIMCO REALTY CORP | ADD | 1.2M | $27.9M | 0.5% | +$2.8M |
| 28 | IRMIRON MTN INC DEL | 266K | $27.1M | 0.5% | +$5.1M | |
| 29 | MFICMIDCAP FINANCIAL INVSTMNT CO | TRIM | 2.3M | $26.4M | 0.4% | -$929K |
| 30 | OCOWENS CORNING NEW | NEW | 241K | $26.0M | 0.4% | new |
| 31 | AMHAMERICAN HOMES 4 RENT | ADD | 924K | $25.8M | 0.4% | +$8.2M |
| 32 | UDRUDR INC | TRIM | 754K | $25.5M | 0.4% | -$7.0M |
| 33 | JAAAJANUS DETROIT STR TR | 500K | $25.2M | 0.4% | -$105K | |
| 34 | CPTCAMDEN PPTY TR | TRIM | 245K | $24.0M | 0.4% | -$4.0M |
| 35 | MHKMOHAWK INDS INC | NEW | 242K | $23.8M | 0.4% | new |
| 36 | ADCAGREE RLTY CORP | ADD | 316K | $23.8M | 0.4% | +$2.3M |
| 37 | BLDRBUILDERS FIRSTSOURCE INC | NEW | 288K | $23.7M | 0.4% | new |
| 38 | JAMES HARDIE INDS PLC | NEW | 1.2M | $22.3M | 0.4% | new |
| 39 | MBCMASTERBRAND INC | NEW | 2.6M | $21.9M | 0.4% | new |
| 40 | SABRSABRE CORP | 14.4M | $20.9M | 0.3% | +$1.3M | |
| 41 | PRIVSSGA ACTIVE TR | ADD | 790K | $19.9M | 0.3% | +$620K |
| 42 | KRGKITE REALTY GROUP TRUST | 768K | $18.9M | 0.3% | +$446K | |
| 43 | AEVAAEVA TECHNOLOGIES INC | 1.4M | $18.3M | 0.3% | -$167K | |
| 44 | ELSEQUITY LIFESTYLE PROPERTIES | ADD | 265K | $16.5M | 0.3% | +$2.4M |
| 45 | OHIOMEGA HEALTHCARE INVS INC | TRIM | 357K | $15.6M | 0.3% | -$364K |
| 46 | HSTHOST HOTELS & RESORTS INC | 802K | $15.4M | 0.3% | +$1.1M | |
| 47 | AHRAMERICAN HEALTHCARE REIT INC | 281K | $13.3M | 0.2% | +$28K | |
| 48 | EQREQUITY RESIDENTIAL | TRIM | 223K | $13.2M | 0.2% | -$2.0M |
| 49 | FRFIRST INDL RLTY TR INC | ADD | 209K | $12.1M | 0.2% | +$505K |
| 50 | ESSESSEX PPTY TR INC | TRIM | 48K | $11.6M | 0.2% | -$2.1M |
| 51 | MACMACERICH CO | ADD | 610K | $11.5M | 0.2% | +$1.2M |
| 52 | HRHEALTHCARE RLTY TR | ADD | 677K | $11.5M | 0.2% | +$965K |
| 53 | CUZCOUSINS PPTYS INC | TRIM | 504K | $11.4M | 0.2% | -$2.9M |
| 54 | PRSDSSGA ACTIVE TR | NEW | 435K | $10.9M | 0.2% | new |
| 55 | OPTUOPTIMUM COMMUNICATIONS INC | 6.1M | $7.9M | 0.1% | -$2.1M | |
| 56 | BXPBXP INC | TRIM | 140K | $7.3M | 0.1% | -$3.0M |
| 57 | ARIAPOLLO COML REAL ESTATE FIN | 666K | $7.0M | 0.1% | +$586K | |
| 58 | LINELINEAGE INC | ADD | 207K | $6.8M | 0.1% | +$4.8M |
| 59 | HLTHILTON WORLDWIDE HLDGS INC | NEW | 16K | $4.9M | 0.1% | new |
| 60 | WHWYNDHAM HOTELS & RESORTS INC | NEW | 59K | $4.8M | 0.1% | new |
| 61 | MARMARRIOTT INTL INC NEW | NEW | 14K | $4.7M | 0.1% | new |
| 62 | EPREPR PPTYS | NEW | 87K | $4.3M | 0.1% | new |
| 63 | HHYATT HOTELS CORP | NEW | 30K | $4.3M | 0.1% | new |
| 64 | GLPIGAMING & LEISURE P | NEW | 63K | $2.8M | 0.0% | new |
| 65 | COLDAMERICOLD REALTY TRUST INC | 228K | $2.6M | 0.0% | -$319K | |
| 66 | BPREBLUEROCK PVT REAL ESTATE FD | TRIM | 125K | $2.1M | 0.0% | -$1.7M |
| 67 | SGHTSIGHT SCIENCES INC | TRIM | 335K | $1.3M | 0.0% | -$2.8M |
| 68 | MNKDMANNKIND CORP | TRIM | 484K | $1.2M | 0.0% | -$2.6M |
| 69 | CCLDCARECLOUD INC | 210K | $766K | 0.0% | +$153K | |
| 70 | CIONCION INVT CORP | 63K | $433K | 0.0% | -$179K | |
| 71 | MXCTMAXCYTE INC | 308K | $216K | 0.0% | -$261K | |
| 72 | TKNOALPHA TEKNOVA INC | 65K | $188K | 0.0% | -$59K | |
| 73 | SPSCSPS COMM INC | 3K | $186K | 0.0% | -$112K | |
| 74 | NAMIB MINERALS | 1.4M | $184K | 0.0% | +$86K | |
| 75 | SATLWSATELLOGIC INC | 148K | $177K | 0.0% | +$140K | |
| 76 | RAINRAIN ENHANCEMENT TECHNOLOGIE | 24K | $61K | 0.0% | -$79K | |
| 77 | RAINWRAIN ENHANCEMENT TECHNOLOGIE | 217K | $45K | 0.0% | -$9K | |
| 78 | FBYDWFALCONS BEYOND GLOBAL INC | 12K | $23K | 0.0% | -$2K | |
| 79 | BNAIWBRAND ENGAGEMENT NETWORK INC | 18K | $5K | 0.0% | +$4K | |
| 80 | ATERATERIAN INC | 2K | $1K | 0.0% | -$279 | |
| 81 | CLDICALIDI BIOTHERAPEUTICS INC | 1K | $249 | 0.0% | -$970 |
Source: SEC Form 13F. Values are as-of 2026-03-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).