Long Pond Capital, LP
Long Pond Capital, LP reported 30 US-listed holdings worth $953.9 million in its 13F for the quarter ended 30 June 2026, filed 13 August 2026. Its largest: SBA Communications Corp. (16.6%), Independence Realty Trust, Inc. (9.0%) and Janus Living Inc. (7.7%). Against the quarter before, it opened 10 positions, added to 6, trimmed 10 and sold out of 12.
The 14 largest of its 30 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +15.5% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 10
- SBA Communications Corp. SBAC$158.6 million
- Churchill Downs Inc. CHDN$35.7 million
- Ferguson Enterprises Inc. FERG$24.6 million
- Builders Firstsource Inc. BLDR$22.0 million
- Equity Lifestyle Properties Inc. ELS$19.7 million
- Home Depot, Inc. HD$10.4 million
- Lowe's Companies Inc. LOW$9.8 million
- Louisiana-Pacific Corp. LPX$7.4 million
and 2 more in the table below
Added to 6
- Hilton Grand Vacations Inc. HGV+700,725 shares · +144%
- Compass Inc. COMP+2.4 million shares · +195%
- Pool Corp. POOL+22,900 shares · +21%
- Six Flags Entertainment Corporation FUN+228,971 shares · +31%
- M/I Homes, Inc. MHO+7,635 shares · +16%
- KKR Real Estate Fin Trust Inc. KREF+79,688 shares · +1%
Trimmed 10
- Wyndham Hotels & Resorts, Inc. WH-671,663 shares · -96%
- Healthpeak Properties, Inc. DOC-2.2 million shares · -90%
- United Parks & Resorts Inc. PRKS-903,818 shares · -54%
- Americold Realty Trust Inc. COLD-1.8 million shares · -40%
- Camden Property Trust CPT-218,596 shares · -54%
- Wynn Resorts Ltd. WYNN-222,368 shares · -42%
- Janus Living Inc. JAN-721,445 shares · -22%
- Independence Realty Trust, Inc. IRT-599,992 shares · -10%
and 2 more in the table below
Sold out of 12
- Summit Hotel Pptys Inc. INN$41.5 million last quarter
- Norwegian Cruise Line Holdings Ltd. NCLH$32.4 million last quarter
- Hyatt Hotels Corp. H$32.2 million last quarter
- American Homes 4 Rent AMH$31.0 million last quarter
- Kilroy Realty Corp. KRC$29.3 million last quarter
- James Hardie Industries Plc - US ADR JHX$21.9 million last quarter
- CubeSmart CUBE$16.0 million last quarter
- Lineage Inc. LINE$13.5 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| SBA Communications Corp. SBAC | 898.7K | $158.6 million | 16.63% | new |
| Independence Realty Trust, Inc. IRT | 5.1M | $85.6 million | 8.97% | -600.0K |
| Janus Living Inc. JAN | 2.6M | $73.8 million | 7.74% | -721.4K |
| Hilton Grand Vacations Inc. HGV | 1.2M | $62.1 million | 6.51% | +700.7K |
| JBG Smith Properties JBGS | 4.0M | $59.0 million | 6.19% | -390.2K |
| TPG Re Fin Trust Inc. TRTX | 7.0M | $58.8 million | 6.17% | no change |
| Compass Inc. COMP | 3.6M | $44.3 million | 4.65% | +2.4M |
| Americold Realty Trust Inc. COLD | 2.7M | $42.2 million | 4.43% | -1.8M |
| KKR Real Estate Fin Trust Inc. KREF | 5.8M | $39.8 million | 4.17% | +79.7K |
| United Parks & Resorts Inc. PRKS | 776.9K | $37.1 million | 3.89% | -903.8K |
| Churchill Downs Inc. CHDN | 398.4K | $35.7 million | 3.74% | new |
| Wynn Resorts Ltd. WYNN | 306.7K | $29.8 million | 3.12% | -222.4K |
| Pool Corp. POOL | 132.4K | $28.5 million | 2.98% | +22.9K |
| Ferguson Enterprises Inc. FERG | 103.5K | $24.6 million | 2.58% | new |
| Builders Firstsource Inc. BLDR | 245.8K | $22.0 million | 2.31% | new |
| Camden Property Trust CPT | 182.5K | $20.9 million | 2.19% | -218.6K |
| Six Flags Entertainment Corporation FUN | 979.4K | $20.9 million | 2.19% | +229.0K |
| Equity Lifestyle Properties Inc. ELS | 306.2K | $19.7 million | 2.07% | new |
| Smartstop Self Storag REIT I SMA | 444.8K | $14.5 million | 1.52% | -168.6K |
| NexPoint Residential Trust, Inc. NXRT | 452.6K | $12.6 million | 1.32% | no change |
| Home Depot, Inc. HD | 29.5K | $10.4 million | 1.09% | new |
| Lowe's Companies Inc. LOW | 44.2K | $9.8 million | 1.02% | new |
| M/I Homes, Inc. MHO | 55.2K | $8.9 million | 0.93% | +7.6K |
| Louisiana-Pacific Corp. LPX | 94.0K | $7.4 million | 0.78% | new |
| Smartrent Inc. SMRT | 5.6M | $6.7 million | 0.70% | no change |
| Mid-America Apartment Communities, Inc. MAA | 40.5K | $5.6 million | 0.59% | no change |
| Healthpeak Properties, Inc. DOC | 257.1K | $5.5 million | 0.58% | -2.2M |
| Alexandria Real Estate Equities, Inc. ARE | 94.8K | $5.0 million | 0.53% | new |
| Wyndham Hotels & Resorts, Inc. WH | 30.0K | $2.5 million | 0.26% | -671.7K |
| Fortune Brands Innovations, Inc. FBIN | 30.0K | $1.6 million | 0.17% | new |
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Change is shares against its 13F for the quarter before; the 12 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| SBA Communications Corp. SBAC | Calls | 490.0K | $86.5 million |
1 option lines. A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.