Vision Capital Corp

CIK 1764403 · View on SEC EDGAR ↗

Portfolio value
$309.0M
#5,108 of 9,443 by 13F value · top 54.1%
Positions
15
As of
June 30, 2026

Portfolio value QoQ: +4.0% 13F does not disclose cash

Top 10 holdings weight
89.04%
Top 25 holdings weight
100.00%
Positions above 1%
15
Effective number of positions
8.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 20.94% Est. buys $185,683,874 · sells $63,488,528

Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 33.3% still held

New positions
7
Increased
2
Decreased
6
Closed
2

Put-notional exposure: 24.2% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-1.1%
S&P 500 total return (same window)
+28.1%
Excess return
-29.2%

Annualized: -0.8% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.7% · Options excluded: 46.4%

Sector breakdown

Real Estate
66.1%
Health Care
9.7%
Other/Unmapped
24.2%

Full portfolio 15 positions

Type Streak 8Q trend
IYR $74,642,500 24.15% 730,000 Put option Up ×1
DLR Digital Realty Trust, Inc. Common Stock $32,130,992 10.40% 178,923 $20,519,341 Up ×1
BKD Brookdale Senior Living Inc. Common Stock $30,013,063 9.71% 1,865,324 Up ×1
CUBE CubeSmart Common Shares $27,712,213 8.97% 696,812 $8,787,766 Up ×1
FR First Industrial Realty Trust, Inc. Common Stock $26,337,979 8.52% 429,587 $-1,652,396 Down ×1
EQIX Equinix, Inc. - Common Stock $20,186,925 6.53% 19,366 $-18,814,864 Down ×2
REXR Rexford Industrial Realty, Inc. Common Stock $17,580,800 5.69% 524,800 Call option Up ×1
SUI Sun Communities, Inc. Common Stock $16,206,076 5.24% 135,152 $-25,460,988 Down ×1
ADC Agree Realty Corporation Common Stock $15,852,382 5.13% 209,300
CBRE CBRE Group Inc Common Stock Class A $14,478,502 4.69% 107,495 $-179,760 Down ×1
UE Urban Edge Properties Common Shares of Beneficial Interest $10,181,600 3.29% 445,000 Up ×1
IVT InvenTrust Properties Corp. Common Stock $10,109,638 3.27% 285,583 $-11,726,100 Down ×3
KRG Kite Realty Group Trust Common Stock $5,676,000 1.84% 200,000
CTO CTO Realty Growth, Inc. Common Stock $4,000,860 1.29% 186,000 Up ×1
NMRK Newmark Group, Inc. - Class A Common Stock $3,907,930 1.26% 258,632 $-19,375 Down ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
IYR $74,642,500 730,000 24.15%
BKD $30,013,063 1,865,324 9.71%
REXR $17,580,800 524,800 5.69%
ADC $15,852,382 209,300 5.13%
UE $10,181,600 445,000 3.29%
KRG $5,676,000 200,000 1.84%
CTO $4,000,860 186,000 1.29%

Top movers (QoQ)

Security Action Shares Δ Value Δ
SUI Trimmed -196K -$25.5M
DLR Bought more +114K +$20.5M
EQIX Trimmed -20K -$18.8M
IVT Trimmed -431K -$11.7M
CUBE Bought more +180K +$8.8M
FR Trimmed -54K -$1.7M
CBRE Trimmed -716 -$180K
NMRK Trimmed -3K -$19K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SPY Dec. 31, 2025 200,000 $133,236,000 No longer tracked
UDR Sept. 30, 2025 774,000 $31,602,420 0.7%
VST March 31, 2025 219,000 $30,193,530 17.8%
COLD Dec. 31, 2025 1,999,050 $24,468,372 18.1%
PDM June 30, 2025 3,276,777 $24,149,846 31.4%
OHI Dec. 31, 2025 500,000 $21,110,000 4.8%
TMHC March 31, 2025 343,150 $21,004,212 No longer tracked
SLG Sept. 30, 2025 330,000 $20,427,000 -1.4%
EGP Dec. 31, 2025 111,000 $18,787,860 13.8%
ESRT June 30, 2025 1,632,859 $12,768,957 -39.8%
KW March 31, 2026 1,309,261 $12,660,554 No longer tracked
NMRK March 31, 2025 869,168 $11,134,042 32.0%
HPP Sept. 30, 2025 3,482,555 $9,542,201 -23.3%
KRG Sept. 30, 2025 293,822 $6,655,068 18.7%
SHO June 30, 2025 600,000 $5,646,000 28.6%
AIV Sept. 30, 2025 624,036 $5,397,911 -66.7%
MHO March 31, 2025 37,999 $5,051,967 35.7%
ADC March 31, 2026 54,428 $3,920,449 -0.6%