13F HOLDINGS REPORT
Sophron Capital Management L.P.
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001214659-25-012232
Total Value
$326.7M
Positions
39
Other Managers
0
Confidential Omitted
No
Holdings (39)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AGREE RLTY CORP | 008492100 | 352,401 | $25.7M | 7.88% |
| 2 | GAMING & LEISURE PPTYS INC | 36467J108 | 483,796 | $22.6M | 6.91% |
| 3 | AVALONBAY CMNTYS INC | AWX | 92,103 | $18.7M | 5.74% |
| 4 | MERITAGE HOMES CORP | MTH | 262,994 | $17.6M | 5.39% |
| 5 | ESSEX PPTY TR INC | 297178105 | 60,302 | $17.1M | 5.23% |
| 6 | EQUITY LIFESTYLE PPTYS INC | 29472R108 | 255,437 | $15.8M | 4.82% |
| 7 | WYNDHAM HOTELS & RESORTS INC | WH | 181,063 | $14.7M | 4.50% |
| 8 | EQUITY RESIDENTIAL | EQR | 213,708 | $14.4M | 4.41% |
| 9 | PHILLIPS EDISON & CO INC | PECO | 391,032 | $13.7M | 4.19% |
| 10 | DIAMONDROCK HOSPITALITY CO | DRH | 1,564,318 | $12.0M | 3.67% |
| 11 | FEDERAL RLTY INVT TR NEW | 313745101 | 124,605 | $11.8M | 3.62% |
| 12 | BROADSTONE NET LEASE INC | BNL | 672,619 | $10.8M | 3.30% |
| 13 | PUBLIC STORAGE OPER CO | PSA-PS | 31,994 | $9.4M | 2.87% |
| 14 | AMERICAN HOMES 4 RENT | AMH-PG | 256,099 | $9.2M | 2.83% |
| 15 | LENNAR CORP | LEN-B | 76,542 | $8.5M | 2.59% |
| 16 | FIRST INDL RLTY TR INC | 32054K103 | 175,816 | $8.5M | 2.59% |
| 17 | PROLOGIS INC. | PLDGP | 80,031 | $8.4M | 2.57% |
| 18 | INDEPENDENCE RLTY TR INC | 45378A106 | 454,296 | $8.0M | 2.46% |
| 19 | REXFORD INDL RLTY INC | 76169C100 | 224,176 | $8.0M | 2.44% |
| 20 | FOUR CORNERS PPTY TR INC | 35086T109 | 276,777 | $7.4M | 2.28% |
| 21 | EQUINIX INC | EQIX | 8,599 | $6.8M | 2.09% |
| 22 | CROWN CASTLE INC | CCI | 65,972 | $6.8M | 2.07% |
| 23 | CHOICE HOTELS INTL INC | 169905106 | 51,548 | $6.5M | 2.00% |
| 24 | CUBESMART | CUBE | 145,382 | $6.2M | 1.89% |
| 25 | LXP INDUSTRIAL TRUST | LXP-PC | 719,003 | $5.9M | 1.82% |
| 26 | NNN REIT INC | NNN | 119,377 | $5.2M | 1.58% |
| 27 | HEALTHPEAK PROPERTIES INC | DOC | 244,006 | $4.3M | 1.31% |
| 28 | EXTRA SPACE STORAGE INC | EXR | 26,747 | $3.9M | 1.21% |
| 29 | HEALTHCARE RLTY TR | 42226K105 | 241,090 | $3.8M | 1.17% |
| 30 | AMERICAN TOWER CORP NEW | 03027X100 | 15,993 | $3.5M | 1.08% |
| 31 | UDR INC | UDR | 61,432 | $2.5M | 0.77% |
| 32 | SUN CMNTYS INC | 866674104 | 16,577 | $2.1M | 0.64% |
| 33 | SILA REALTY TRUST INC | SILA | 62,189 | $1.5M | 0.45% |
| 34 | DIGITAL RLTY TR INC | 253868103 | 7,275 | $1.3M | 0.39% |
| 35 | MARRIOTT INTL INC NEW | 571903202 | 4,278 | $1.2M | 0.36% |
| 36 | KIMCO RLTY CORP | 49446R109 | 54,795 | $1.2M | 0.35% |
| 37 | NATIONAL HEALTH INVS INC | 63633D104 | 14,396 | $1.0M | 0.31% |
| 38 | KKR REAL ESTATE FIN TR INC | KKRT | 57,138 | $501,100 | 0.15% |
| 39 | RLJ LODGING TR | RLJ-PA | 19,303 | $140,526 | 0.04% |