LANDMARK INVESTMENT PARTNERS, L.P.
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ESSEX PPTY TR INC(ESS)(Call) | 9,900 | 97,800 | +87,900 | 2,805,660 | 26,177,148 | — | +23,371,488 |
| ISHARES TR(Put) | 0 | 50,000 | +50,000 | 0 | 12,098,000 | — | +12,098,000 |
| KILROY RLTY CORP(KRC)(Call) | 66,400 | 220,500 | +154,100 | 2,278,184 | 9,316,125 | — | +7,037,941 |
| HILTON GRAND VACATIONS INC(HGV) | 0 | 165,484 | +165,484 | 0 | 6,918,886 | 5.67% | +6,918,886 |
| ALEXANDRIA REAL ESTATE EQ IN(Call) | 41,000 | 117,400 | +76,400 | 2,977,830 | 9,784,116 | — | +6,806,286 |
| DOUGLAS EMMETT INC(DEI)(Call) | 160,000 | 580,000 | +420,000 | 2,406,400 | 9,030,600 | — | +6,624,200 |
| U HAUL HOLDING COMPANY | 0 | 114,393 | +114,393 | 0 | 6,528,409 | 5.35% | +6,528,409 |
| INDEPENDENCE RLTY TR INC(IRT)(Call) | 0 | 366,000 | +366,000 | 0 | 5,998,740 | — | +5,998,740 |
| DIGITAL RLTY TR INC(DLR)(Call) | 0 | 29,300 | +29,300 | 0 | 5,065,384 | — | +5,065,384 |
| CHAMPION HOMES INC(SKY)(Call) | 0 | 66,300 | +66,300 | 0 | 5,063,331 | — | +5,063,331 |
| UDR INC(UDR)(Call) | 26,700 | 164,200 | +137,500 | 1,090,161 | 6,118,092 | — | +5,027,931 |
| CARETRUST REIT INC(CTRE)(Call) | 0 | 140,000 | +140,000 | 0 | 4,855,200 | — | +4,855,200 |
| REXFORD INDL RLTY INC(REXR)(Call) | 0 | 112,200 | +112,200 | 0 | 4,612,542 | — | +4,612,542 |
| HOWARD HUGHES HOLDINGS INC(HHH)(Call) | 7,700 | 61,500 | +53,800 | 519,750 | 5,053,455 | — | +4,533,705 |
| INVITATION HOMES INC(INVH)(Call) | 16,600 | 153,200 | +136,600 | 544,480 | 4,493,356 | — | +3,948,876 |
| COHEN & STEERS INC(CNS)(Call) | 0 | 55,700 | +55,700 | 0 | 3,654,477 | — | +3,654,477 |
| TAYLOR MORRISON HOME CORP(TMHC)(Call) | 0 | 54,500 | +54,500 | 0 | 3,597,545 | — | +3,597,545 |
| HUDSON PAC PPTYS INC(Call) | 600,000 | 1,882,909 | +1,282,909 | 1,644,000 | 5,196,829 | — | +3,552,829 |
| WP CAREY INC(WPC)(Call) | 18,000 | 67,500 | +49,500 | 1,122,840 | 4,560,975 | — | +3,438,135 |
| EPR PPTYS(EPR)(Call) | 0 | 57,100 | +57,100 | 0 | 3,312,371 | — | +3,312,371 |
| VENTAS INC(VTR)(Call) | 34,800 | 78,300 | +43,500 | 2,197,620 | 5,480,217 | — | +3,282,597 |
| NEXPOINT RESIDENTIAL TR INC(NXRT)(Call) | 0 | 100,000 | +100,000 | 0 | 3,222,000 | — | +3,222,000 |
| MERITAGE HOMES CORP(MTH)(Call) | 0 | 42,000 | +42,000 | 0 | 3,042,060 | — | +3,042,060 |
| ACADIA RLTY TR(Call) | 0 | 142,800 | +142,800 | 0 | 2,877,420 | — | +2,877,420 |
| AMERICAN TOWER CORP NEW(AMT)(Call) | 0 | 14,300 | +14,300 | 0 | 2,750,176 | — | +2,750,176 |
| EQUITY RESIDENTIAL(EQR)(Call) | 78,500 | 122,300 | +43,800 | 5,297,965 | 7,916,479 | — | +2,618,514 |
| HEALTHCARE RLTY TR(HR)(Call) | 0 | 127,800 | +127,800 | 0 | 2,304,234 | — | +2,304,234 |
| SBA COMMUNICATIONS CORP NEW(SBAC)(Call) | 0 | 11,500 | +11,500 | 0 | 2,223,525 | — | +2,223,525 |
| EQUITY RESIDENTIAL(EQR) | 0 | 33,641 | +33,641 | 0 | 2,177,582 | 1.78% | +2,177,582 |
| HEALTHPEAK PROPERTIES INC(DOC)(Call) | 130,000 | 230,600 | +100,600 | 2,276,300 | 4,415,990 | — | +2,139,690 |
| WILLSCOT HLDGS CORP(WSC)(Call) | 0 | 100,000 | +100,000 | 0 | 2,111,000 | — | +2,111,000 |
| BRAEMAR HOTELS & RESORTS INC | 0 | 773,000 | +773,000 | 0 | 2,110,290 | 1.73% | +2,110,290 |
| WEYERHAEUSER CO MTN BE(WY)(Call) | 20,000 | 105,800 | +85,800 | 513,800 | 2,622,782 | — | +2,108,982 |
| SUNSTONE HOTEL INVS INC NEW(SHO)(Call) | 0 | 195,500 | +195,500 | 0 | 1,831,835 | — | +1,831,835 |
| COUSINS PPTYS INC(CUZ)(Call) | 0 | 60,000 | +60,000 | 0 | 1,736,400 | — | +1,736,400 |
| BROOKDALE SR LIVING INC(BKD)(Put) | 0 | 200,000 | +200,000 | 0 | 1,694,000 | — | +1,694,000 |
| CROWN CASTLE INC(CCI)(Call) | 0 | 16,900 | +16,900 | 0 | 1,630,681 | — | +1,630,681 |
| APARTMENT INVT & MGMT CO(Call) | 288,700 | 518,200 | +229,500 | 2,497,255 | 4,109,326 | — | +1,612,071 |
| WYNDHAM HOTELS & RESORTS INC(WH)(Call) | 6,200 | 25,700 | +19,500 | 503,502 | 2,053,430 | — | +1,549,928 |
| U HAUL HOLDING COMPANY(Call) | 0 | 19,500 | +19,500 | 0 | 1,112,865 | — | +1,112,865 |
| HILTON GRAND VACATIONS INC(HGV)(Call) | 0 | 24,800 | +24,800 | 0 | 1,036,888 | — | +1,036,888 |
| BROOKDALE SR LIVING INC(BKD)(Call) | 0 | 100,000 | +100,000 | 0 | 847,000 | — | +847,000 |
| MACERICH CO(MAC)(Call) | 33,300 | 66,500 | +33,200 | 538,794 | 1,210,300 | — | +671,506 |
| AVALONBAY CMNTYS INC(Call) | 23,900 | 28,000 | +4,100 | 4,863,650 | 5,408,760 | — | +545,110 |
| CHOICE HOTELS INTL INC(CHH)(Call) | 4,200 | 10,000 | +5,800 | 532,896 | 1,069,100 | — | +536,204 |
| LINEAGE INC(LINE)(Call) | 0 | 13,100 | +13,100 | 0 | 506,184 | — | +506,184 |
| AVALONBAY CMNTYS INC | 0 | 1,393 | +1,393 | 0 | 269,086 | 0.22% | +269,086 |
| TOLL BROTHERS INC(TOL)(Call) | 0 | 1,800 | +1,800 | 0 | 248,652 | — | +248,652 |
| PUBLIC STORAGE OPER CO(PSA)(Call) | 7,200 | 7,500 | +300 | 2,112,624 | 2,166,375 | — | +53,751 |
| COMPASS INC(COMP) | 12,157 | 0 | -12,157 | 76,346 | 0 | — | -76,346 |
| BXP INC(BXP)(Call) | 60,800 | 52,000 | -8,800 | 4,102,176 | 3,900,000 | — | -202,176 |
| BROOKFIELD CORP(BN)(Call) | 27,000 | 18,000 | -9,000 | 1,669,950 | 1,234,440 | — | -435,510 |
| COMPASS INC(COMP)(Call) | 160,000 | 63,600 | -96,400 | 1,004,800 | 510,708 | — | -494,092 |
| KIMCO RLTY CORP(KIM)(Call) | 50,000 | 25,000 | -25,000 | 1,051,000 | 546,250 | — | -504,750 |
| MURPHY USA INC(MUSA)(Call) | 1,300 | 0 | -1,300 | 528,840 | 0 | — | -528,840 |
| NNN REIT INC(NNN)(Call) | 12,500 | 0 | -12,500 | 539,750 | 0 | — | -539,750 |
| KKR & CO INC(KKR)(Call) | 4,500 | 0 | -4,500 | 598,635 | 0 | — | -598,635 |
| SIX FLAGS ENTERTAINMENT CORP(FUN)(Call) | 20,000 | 0 | -20,000 | 608,600 | 0 | — | -608,600 |
| HYATT HOTELS CORP(H)(Call) | 7,700 | 0 | -7,700 | 1,075,305 | 0 | — | -1,075,305 |
| VICI PPTYS INC(VICI)(Call) | 33,300 | 0 | -33,300 | 1,085,580 | 0 | — | -1,085,580 |
| TRAVEL PLUS LEISURE CO(TNL)(Call) | 22,800 | 0 | -22,800 | 1,176,708 | 0 | — | -1,176,708 |
| COSTAR GROUP INC(CSGP)(Call) | 14,700 | 0 | -14,700 | 1,181,880 | 0 | — | -1,181,880 |
| BLACKSTONE INC(BX)(Call) | 8,000 | 0 | -8,000 | 1,196,640 | 0 | — | -1,196,640 |
| RYMAN HOSPITALITY PPTYS INC(RHP)(Call) | 33,000 | 22,000 | -11,000 | 3,256,110 | 1,970,980 | — | -1,285,130 |
| VAIL RESORTS INC(MTN)(Call) | 10,600 | 0 | -10,600 | 1,665,578 | 0 | — | -1,665,578 |
| HOWARD HUGHES HOLDINGS INC(HHH) | 211,262 | 151,690 | -59,572 | 14,260,185 | 12,464,367 | 10.21% | -1,795,818 |
| SL GREEN RLTY CORP(SLG)(Call) | 38,600 | 9,500 | -29,100 | 2,389,340 | 568,195 | — | -1,821,145 |
| HILTON WORLDWIDE HLDGS INC(HLT)(Call) | 7,100 | 0 | -7,100 | 1,891,014 | 0 | — | -1,891,014 |
| OMEGA HEALTHCARE INVS INC(OHI)(Call) | 57,500 | 0 | -57,500 | 2,107,375 | 0 | — | -2,107,375 |
| TANGER INC(SKT)(Call) | 70,000 | 0 | -70,000 | 2,140,600 | 0 | — | -2,140,600 |
| EQUINIX INC(EQIX)(Call) | 6,100 | 3,400 | -2,700 | 4,852,367 | 2,663,016 | — | -2,189,351 |
| SUN CMNTYS INC(SUI)(Call) | 17,400 | 0 | -17,400 | 2,200,926 | 0 | — | -2,200,926 |
| CBRE GROUP INC(CBRE)(Call) | 17,400 | 0 | -17,400 | 2,438,088 | 0 | — | -2,438,088 |
| JONES LANG LASALLE INC(JLL)(Call) | 9,700 | 0 | -9,700 | 2,481,066 | 0 | — | -2,481,066 |
| CAMDEN PPTY TR(CPT) | 24,124 | 0 | -24,124 | 2,718,534 | 0 | — | -2,718,534 |
| BLACKSTONE INC(BX) | 70,372 | 45,684 | -24,688 | 10,526,244 | 7,805,111 | 6.39% | -2,721,133 |
| BROOKDALE SR LIVING INC(BKD) | 1,562,053 | 942,815 | -619,238 | 10,871,889 | 7,985,643 | 6.54% | -2,886,246 |
| APOLLO GLOBAL MGMT INC(APO)(Call) | 20,800 | 0 | -20,800 | 2,950,896 | 0 | — | -2,950,896 |
| BROOKFIELD ASSET MANAGMT LTD(BAM) | 53,697 | 0 | -53,697 | 2,968,370 | 0 | — | -2,968,370 |
| CAMDEN PPTY TR(CPT)(Call) | 27,500 | 0 | -27,500 | 3,098,975 | 0 | — | -3,098,975 |
| BLUE OWL CAPITAL INC(OBDC)(Call) | 207,300 | 30,000 | -177,300 | 3,982,233 | 507,900 | — | -3,474,333 |
| VORNADO RLTY TR(VNO)(Call) | 95,500 | 0 | -95,500 | 3,651,920 | 0 | — | -3,651,920 |
| SIMON PPTY GROUP INC NEW(SPG)(Call) | 23,400 | 0 | -23,400 | 3,761,784 | 0 | — | -3,761,784 |
| PROLOGIS INC.(PLD)(Call) | 37,200 | 0 | -37,200 | 3,910,464 | 0 | — | -3,910,464 |
| EQUINIX INC(EQIX) | 5,209 | 0 | -5,209 | 4,143,603 | 0 | — | -4,143,603 |
| HUDSON PAC PPTYS INC | 5,810,119 | 3,914,346 | -1,895,773 | 15,919,726 | 10,803,595 | 8.85% | -5,116,131 |
| COHEN & STEERS INC(CNS) | 197,064 | 148,098 | -48,966 | 14,848,772 | 9,716,710 | 7.96% | -5,132,062 |
| MID-AMER APT CMNTYS INC(MAA)(Call) | 36,000 | 0 | -36,000 | 5,328,360 | 0 | — | -5,328,360 |
| HILTON WORLDWIDE HLDGS INC(HLT) | 51,474 | 32,224 | -19,250 | 13,709,585 | 8,360,195 | 6.85% | -5,349,390 |
| NEXPOINT RESIDENTIAL TR INC(NXRT) | 449,691 | 248,899 | -200,792 | 14,983,704 | 8,019,526 | 6.57% | -6,964,178 |
| HYATT HOTELS CORP(H) | 56,314 | 0 | -56,314 | 7,864,250 | 0 | — | -7,864,250 |
| CBRE GROUP INC(CBRE) | 64,259 | 0 | -64,259 | 9,003,971 | 0 | — | -9,003,971 |
| DOUGLAS EMMETT INC(DEI) | 1,368,443 | 706,218 | -662,225 | 20,581,383 | 10,995,814 | 9.00% | -9,585,569 |
| COSTAR GROUP INC(CSGP) | 276,150 | 149,385 | -126,765 | 22,202,460 | 12,603,612 | 10.32% | -9,598,848 |
| APARTMENT INVT & MGMT CO | 1,924,818 | 863,517 | -1,061,301 | 16,649,676 | 6,847,690 | 5.61% | -9,801,986 |
| INVESCO QQQ TR(Put) | 19,000 | 0 | -19,000 | 10,481,160 | 0 | — | -10,481,160 |
| SPDR S&P 500 ETF TR(SPY)(Put) | 18,500 | 0 | -18,500 | 11,430,225 | 0 | — | -11,430,225 |
| INVESCO EXCHANGE TRADED FD T(Put) | 73,400 | 0 | -73,400 | 13,339,716 | 0 | — | -13,339,716 |
| VANGUARD INDEX FDS(Put) | 154,000 | 0 | -154,000 | 13,715,240 | 0 | — | -13,715,240 |
| TRAVEL PLUS LEISURE CO(TNL) | 294,890 | 0 | -294,890 | 15,219,273 | 0 | — | -15,219,273 |