Sophron Capital Management L.P.
Net seller this quarter
$323M
43
-$50.9M
45.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 ADC | $25.1M | 7.77% | 0.27% | +32.0% | Q4 2024 |
 HST | $20.5M | 6.34% | 0.13% | +140.9% | Q4 2024 |
 LEN | $15.4M | 4.77% | Not reported | -16.7% | Q4 2024 |
 AVBC | $14.1M | 4.39% | 0.37% | -37.1% | Q4 2024 |
 FCPT | $13.2M | 4.08% | 0.49% | -9.1% | Q4 2024 |
 ELS | $12.9M | 4.00% | 0.10% | +38.2% | Q4 2024 |
 REXR | $12.9M | 3.99% | 0.17% | +7.6% | Q4 2024 |
 GLPI | $11.8M | 3.66% | 0.09% | -7.1% | Q4 2024 |
 ESS | $10.5M | 3.26% | 0.06% | -54.3% | Q4 2024 |
 PECO | $10.5M | 3.25% | 0.20% | -34.4% | Q4 2024 |
 VICI | $10.3M | 3.19% | 0.04% | +45.3% | Q4 2024 |
 DRH | $9.91M | 3.07% | 0.40% | -3.4% | Q4 2024 |
 PHM | $9.81M | 3.04% | 0.04% | New | Q2 2026 |
 AMH | $9.5M | 2.94% | Not reported | -30.5% | Q4 2024 |
 CHH | $9.33M | 2.89% | 0.19% | -29.9% | Q4 2024 |
 VMRK | $9.14M | 2.83% | 0.04% | -47.8% | Q4 2024 |
 WH | $9.06M | 2.81% | 0.14% | +27.6% | Q1 2025 |
 UDR | $8.51M | 2.64% | 0.07% | -44.8% | Q2 2025 |
 REG | $8.5M | 2.64% | 0.06% | Not reported | Q4 2025 |
 DLR | $8.13M | 2.52% | 0.01% | +48.6% | Q4 2024 |
 CUBE | $7.27M | 2.25% | 0.08% | -26.4% | Q4 2024 |
 IRT | $7.14M | 2.21% | 0.18% | +102.6% | Q2 2025 |
 SHO | $6.25M | 1.94% | 0.29% | New | Q2 2026 |
 PLD | $5.68M | 1.76% | 0.00% | Not reported | Q1 2025 |
 RHP | $5.66M | 1.75% | 0.07% | -63.2% | Q4 2024 |
 NHI | $5.39M | 1.67% | 0.15% | +99.5% | Q2 2025 |
 SUI | $5.32M | 1.65% | 0.04% | +204.6% | Q4 2024 |
 CCI | $4.73M | 1.47% | 0.01% | +30.3% | Q4 2024 |
 AMT | $4.04M | 1.25% | 0.01% | +16.4% | Q4 2024 |
 STAG | $3.95M | 1.23% | 0.05% | +493.7% | Q4 2024 |
 SBAC | $3.92M | 1.21% | 0.02% | -56.5% | Q4 2024 |
 INVH | $3.8M | 1.18% | 0.02% | -60.4% | Q4 2024 |
 EGP | $3.26M | 1.01% | 0.03% | -61.8% | Q3 2025 |
 PSA | $3M | 0.93% | 0.01% | -67.4% | Q4 2024 |
 EPRT | $2.86M | 0.89% | 0.04% | New | Q2 2026 |
 JAN | $2.43M | 0.75% | Not reported | -15.6% | Q1 2026 |
 EXR | $2.28M | 0.71% | 0.01% | -52.1% | Q4 2024 |
 DOC | $1.86M | 0.58% | 0.01% | -60.6% | Q4 2024 |
 NNN | $1.59M | 0.49% | 0.02% | -71.8% | Q4 2024 |
 MAR | $1.53M | 0.47% | 0.00% | Not reported | Q4 2024 |
 LXP | $925K | 0.29% | 0.03% | -86.5% | Q4 2024 |
 EQIX | $539K | 0.17% | 0.00% | Not reported | Q2 2025 |
 CURB | $219K | 0.07% | 0.01% | New | Q2 2026 |
| Q1 2026 | |||||
| AVBC | $19.5M | 5.74% | 0.59% | +104.2% | Q4 2024 |
| ESS | $19.1M | 5.64% | 0.12% | +2.6% | Q4 2024 |
| ADC | $18.9M | 5.57% | 0.21% | -16.9% | Q4 2024 |
| LEN | $17.7M | 5.23% | Not reported | +476.4% | Q4 2024 |
| VMRK | $15.2M | 4.49% | 0.07% | -10.5% | Q4 2024 |
 MTH | $14.5M | 4.29% | 0.35% | -3.2% | Q4 2024 |
| PECO | $14.4M | 4.23% | 0.31% | +3.3% | Q4 2024 |
| FCPT | $13.9M | 4.11% | 0.54% | -12.4% | Q4 2024 |
| UDR | $13M | 3.84% | 0.12% | +9.3% | Q2 2025 |
| GLPI | $12.7M | 3.73% | 0.10% | +53.7% | Q4 2024 |
| CHH | $12.5M | 3.68% | 0.26% | -18.9% | Q4 2024 |
| REXR | $11.7M | 3.45% | 0.16% | +92.2% | Q4 2024 |
| AMH | $11.4M | 3.35% | Not reported | +284.5% | Q4 2024 |
| RHP | $11M | 3.25% | 0.19% | +89.4% | Q4 2024 |
| CUBE | $9.1M | 2.68% | 0.11% | +38.8% | Q4 2024 |
| ELS | $9.03M | 2.66% | 0.07% | +8.3% | Q4 2024 |
| SBAC | $8.79M | 2.59% | 0.05% | +256.8% | Q4 2024 |
| DRH | $7.89M | 2.32% | 0.41% | -11.3% | Q4 2024 |
| INVH | $7.88M | 2.32% | 0.05% | -9.7% | Q4 2024 |
| PSA | $7.83M | 2.31% | 0.02% | -21.0% | Q4 2024 |
| EGP | $7.8M | 2.30% | 0.08% | +10.5% | Q3 2025 |
| VICI | $7.29M | 2.15% | 0.03% | -15.8% | Q4 2024 |
| HST | $6.86M | 2.02% | 0.05% | Not reported | Q4 2024 |
| WH | $6.85M | 2.02% | 0.11% | -34.0% | Q1 2025 |
| LXP | $5.89M | 1.73% | 0.22% | Not reported | Q4 2024 |
| DLR | $5.49M | 1.62% | 0.01% | -25.2% | Q4 2024 |
| NNN | $5.09M | 1.50% | 0.06% | -14.6% | Q4 2024 |
 BNL | $4.69M | 1.38% | 0.13% | -37.6% | Q4 2024 |
| EXR | $4.29M | 1.26% | 0.02% | +29.8% | Q4 2024 |
| CCI | $3.9M | 1.15% | 0.01% | +76.1% | Q4 2024 |
 FRT | $3.72M | 1.10% | 0.04% | Not reported | Q4 2024 |
| AMT | $3.66M | 1.08% | 0.00% | -67.0% | Q4 2024 |
| DOC | $3.64M | 1.07% | 0.03% | +27.8% | Q4 2024 |
| IRT | $3.15M | 0.93% | 0.09% | Not reported | Q2 2025 |
| NHI | $2.86M | 0.84% | 0.07% | -17.3% | Q2 2025 |
| JAN | $2.36M | 0.69% | Not reported | New | Q1 2026 |
| SUI | $1.84M | 0.54% | 0.01% | +16.7% | Q4 2024 |
| SILA | $1.42M | 0.42% | 0.11% | +33.4% | Q2 2025 |
 HIW | $1.06M | 0.31% | 0.05% | New | Q1 2026 |
 ARI | $744K | 0.22% | 0.05% | New | Q1 2026 |
| STAG | $631K | 0.19% | 0.01% | Not reported | Q4 2024 |
| Q4 2025 | |||||
| ADC | $21.7M | 6.99% | 0.25% | -5.4% | Q4 2024 |
| ESS | $20.2M | 6.49% | 0.12% | +25.3% | Q4 2024 |
| VMRK | $18.1M | 5.83% | 0.08% | +146.1% | Q4 2024 |
| MTH | $16M | 5.14% | 0.36% | -12.5% | Q4 2024 |
| FCPT | $15.5M | 4.99% | 0.62% | +2.3% | Q4 2024 |
| CHH | $14.2M | 4.56% | 0.32% | +29.2% | Q4 2024 |
| PECO | $13.2M | 4.25% | 0.30% | -35.2% | Q4 2024 |
| UDR | $13M | 4.16% | 0.11% | +22.9% | Q2 2025 |
| AMT | $11.3M | 3.63% | 0.01% | +84.0% | Q4 2024 |
| AVBC | $10.6M | 3.40% | 0.29% | -37.2% | Q4 2024 |
| TPH | $10.5M | 3.39% | 0.40% | -10.3% | Q1 2025 |
| INVH | $9.76M | 3.14% | 0.06% | +196.3% | Q4 2024 |
| WH | $9.66M | 3.10% | 0.17% | -18.5% | Q1 2025 |
| PSA | $9.49M | 3.05% | 0.02% | +0.9% | Q4 2024 |
| VICI | $8.91M | 2.86% | 0.03% | +127.3% | Q4 2024 |
| DRH | $8.51M | 2.73% | 0.47% | -42.6% | Q4 2024 |
| GLPI | $8.3M | 2.67% | 0.07% | -24.0% | Q4 2024 |
| ELS | $8.1M | 2.60% | 0.07% | -38.4% | Q4 2024 |
| REXR | $7.2M | 2.31% | 0.08% | Not reported | Q4 2024 |
| BNL | $7.15M | 2.30% | 0.22% | +8.6% | Q4 2024 |
| EGP | $6.79M | 2.18% | 0.07% | +270.6% | Q3 2025 |
| CUBE | $6.45M | 2.07% | 0.08% | +3.9% | Q4 2024 |
| DLR | $6.3M | 2.03% | 0.01% | +230.7% | Q4 2024 |
| RHP | $5.98M | 1.92% | 0.10% | -14.1% | Q4 2024 |
| NNN | $5.62M | 1.81% | 0.07% | -1.1% | Q4 2024 |
| REG | $5.23M | 1.68% | 0.04% | New | Q4 2025 |
 KIM | $4.19M | 1.35% | 0.03% | Not reported | Q1 2025 |
| LEN | $3.64M | 1.17% | Not reported | -53.3% | Q4 2024 |
| AMH | $3.4M | 1.09% | Not reported | -60.6% | Q4 2024 |
| EXR | $3.28M | 1.05% | 0.01% | +68.7% | Q4 2024 |
| NHI | $3.27M | 1.05% | 0.09% | +129.1% | Q2 2025 |
| DOC | $2.79M | 0.90% | 0.02% | -20.6% | Q4 2024 |
| SBAC | $2.77M | 0.89% | 0.01% | -60.9% | Q4 2024 |
| EQIX | $2.64M | 0.85% | 0.00% | -31.8% | Q2 2025 |
| CCI | $2.42M | 0.78% | 0.01% | +22.6% | Q4 2024 |
 FR | $1.78M | 0.57% | 0.02% | -78.3% | Q4 2024 |
| SUI | $1.55M | 0.50% | 0.01% | -19.9% | Q4 2024 |
| SILA | $1.05M | 0.34% | 0.08% | +90.6% | Q2 2025 |
 NTST | $532K | 0.17% | 0.03% | New | Q4 2025 |
| Q3 2025 | |||||
| ADC | $22.7M | 6.98% | 0.28% | -9.5% | Q4 2024 |
| MTH | $20.1M | 6.20% | 0.39% | +5.6% | Q4 2024 |
| PECO | $19.7M | 6.07% | 0.46% | +46.7% | Q4 2024 |
| AVBC | $18M | 5.53% | 0.46% | +0.9% | Q4 2024 |
| ESS | $16.5M | 5.07% | 0.10% | +2.0% | Q4 2024 |
| FCPT | $16.1M | 4.95% | 0.63% | +137.9% | Q4 2024 |
| ELS | $13.2M | 4.06% | 0.11% | -15.1% | Q4 2024 |
| DRH | $13.2M | 4.06% | 0.81% | +5.7% | Q4 2024 |
| TPH | $12.7M | 3.91% | 0.43% | Not reported | Q1 2025 |
| WH | $12.5M | 3.86% | 0.21% | -13.4% | Q1 2025 |
| CHH | $12.3M | 3.79% | 0.25% | +123.5% | Q4 2024 |
| GLPI | $11.4M | 3.51% | 0.09% | -49.5% | Q4 2024 |
| UDR | $10.7M | 3.30% | 0.09% | +367.8% | Q2 2025 |
| PSA | $10.5M | 3.23% | 0.02% | +13.4% | Q4 2024 |
| LEN | $9.56M | 2.94% | Not reported | -0.9% | Q4 2024 |
| AMH | $8.94M | 2.75% | Not reported | +5.0% | Q4 2024 |
| VMRK | $7.57M | 2.33% | 0.03% | -45.3% | Q4 2024 |
| FR | $7.34M | 2.26% | 0.11% | -18.9% | Q4 2024 |
| SBAC | $7.07M | 2.18% | 0.03% | Not reported | Q4 2024 |
| CUBE | $7M | 2.16% | 0.08% | +18.4% | Q4 2024 |
| BNL | $6.78M | 2.09% | 0.20% | -43.6% | Q4 2024 |
| AMT | $6.72M | 2.07% | 0.01% | +118.5% | Q4 2024 |
| RHP | $6.59M | 2.03% | 0.12% | Not reported | Q4 2024 |
| NNN | $6.1M | 1.88% | 0.08% | +20.1% | Q4 2024 |
| IRT | $5.69M | 1.75% | 0.15% | -23.5% | Q2 2025 |
| FRT | $5.26M | 1.62% | 0.06% | -58.3% | Q4 2024 |
| VICI | $4.54M | 1.40% | 0.01% | Not reported | Q4 2024 |
| DOC | $4.18M | 1.29% | 0.03% | -10.5% | Q4 2024 |
| EQIX | $3.95M | 1.22% | 0.01% | -41.3% | Q2 2025 |
| INVH | $3.48M | 1.07% | 0.02% | Not reported | Q4 2024 |
| CCI | $2.14M | 0.66% | 0.01% | -66.3% | Q4 2024 |
| DLR | $2.13M | 0.66% | 0.00% | +69.3% | Q4 2024 |
| EXR | $2.1M | 0.65% | 0.01% | -44.2% | Q4 2024 |
| PLD | $2.08M | 0.64% | 0.00% | -77.4% | Q1 2025 |
| SUI | $2.01M | 0.62% | 0.01% | -6.0% | Q4 2024 |
| EGP | $1.74M | 0.54% | 0.02% | New | Q3 2025 |
| NHI | $1.49M | 0.46% | 0.04% | +29.8% | Q2 2025 |
| SILA | $590K | 0.18% | 0.04% | -62.2% | Q2 2025 |
 ELME | $180K | 0.06% | 0.01% | New | Q3 2025 |