Sophron Capital Management L.P. Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$324.6B

Holdings

39

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (39 positions)

#StockSharesValue% PortfolioType
1
ADCAGREE RLTY CORP
318,916$22.7B6.98%
2
MTHMERITAGE HOMES CORP
277,782$20.1B6.20%
3
PECOPHILLIPS EDISON & CO INC
573,661$19.7B6.07%
4
AVBAVALONBAY CMNTYS INC
92,957$18.0B5.53%
5
ESSESSEX PPTY TR INC
61,503$16.5B5.07%
6
FCPTFOUR CORNERS PPTY TR INC
658,446$16.1B4.95%
7
ELSEQUITY LIFESTYLE PPTYS INC
216,932$13.2B4.06%
8
DRHDIAMONDROCK HOSPITALITY CO
1,654,026$13.2B4.06%
9
TPHTRI POINTE HOMES INC
373,186$12.7B3.91%
10
WHWYNDHAM HOTELS & RESORTS INC
156,745$12.5B3.86%
11
CHHCHOICE HOTELS INTL INC
115,208$12.3B3.79%
12
GLPIGAMING & LEISURE PPTYS INC
244,477$11.4B3.51%
13
UDRUDR INC
287,352$10.7B3.30%
14
PSAPUBLIC STORAGE OPER CO
36,269$10.5B3.23%
15
LENLENNAR CORP
75,833$9.6B2.94%
16
AMHAMERICAN HOMES 4 RENT
268,933$8.9B2.75%
17
EQREQUITY RESIDENTIAL
116,977$7.6B2.33%
18
FRFIRST INDL RLTY TR INC
142,532$7.3B2.26%
19
SBACSBA COMMUNICATIONS CORP NEW
36,573$7.1B2.18%
20
CUBECUBESMART
172,146$7.0B2.16%
21
BNLBROADSTONE NET LEASE INC
379,369$6.8B2.09%
22
AMTAMERICAN TOWER CORP NEW
34,950$6.7B2.07%
23
RHPRYMAN HOSPITALITY PPTYS INC
73,596$6.6B2.03%
24
NNNNNN REIT INC
143,336$6.1B1.88%
25
IRTINDEPENDENCE RLTY TR INC
347,461$5.7B1.75%
26
FRTFEDERAL RLTY INVT TR NEW
51,956$5.3B1.62%
27
VICIVICI PPTYS INC
139,339$4.5B1.40%
28
DOCHEALTHPEAK PROPERTIES INC
218,281$4.2B1.29%
29
EQIXEQUINIX INC
5,048$4.0B1.22%
30
INVHINVITATION HOMES INC
118,590$3.5B1.07%
31
8CWCROWN CASTLE INC
22,212$2.1B0.66%
32
FQIDIGITAL RLTY TR INC
12,315$2.1B0.66%
33
EXREXTRA SPACE STORAGE INC
14,935$2.1B0.65%
34
PLDPROLOGIS INC.
18,120$2.1B0.64%
35
SUISUN CMNTYS INC
15,586$2.0B0.62%
36
EGPEASTGROUP PPTYS INC
10,284$1.7B0.54%
37
NHINATIONAL HEALTH INVS INC
18,685$1.5B0.46%
38
SILASILA REALTY TRUST INC
23,517$590.3M0.18%
39
ELMEELME COMMUNITIES
10,696$180.3M0.06%