1y return+21.1%S&P 500 +20.9%
3y return+40.8%S&P 500 +68.5%
5y return+32.6%S&P 500 +74.5%
10y return+82.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $182 against $357 in the S&P 500.2
Long Pond Capital, LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SBACSba Communications Corp | $158.6M | 16.6% | New |
| IRTIndependence Rlty Tr Inc | $85.6M | 9.0% | −10.5% |
| JANJanus Living Inc | $73.8M | 7.7% | −21.9% |
| HGVHilton Grand Vacations Inc | $62.1M | 6.5% | +144.4% |
| JBGSJbg Smith Pptys | $59.0M | 6.2% | −8.8% |
| TRTXTpg Re Fin Tr Inc | $58.8M | 6.2% | |
| COMPCompass Inc | $44.3M | 4.6% | +195.4% |
| COLDAmericold Realty Trust Inc | $42.2M | 4.4% | −40.3% |
| KREFKkr Real Estate Fin Tr Inc | $39.8M | 4.2% | +1.4% |
| PRKSUnited Parks & Resorts Inc | $37.1M | 3.9% | −53.8% |
| CHDNChurchill Downs Inc | $35.7M | 3.7% | New |
| WYNNWynn Resorts Ltd | $29.8M | 3.1% | −42.0% |
| POOLPool Corp | $28.5M | 3.0% | +20.9% |
| FERGFerguson Enterprises Inc | $24.6M | 2.6% | New |
| BLDRBuilders Firstsource Inc | $22.0M | 2.3% | New |
| CPTCamden Ppty Tr | $20.9M | 2.2% | −54.5% |
| FUNSix Flags Entertainment Corp | $20.9M | 2.2% | +30.5% |
| ELSEquity Lifestyle Properties | $19.7M | 2.1% | New |
| SMASmartstop Self Storag Reit I | $14.5M | 1.5% | −27.5% |
| NXRTNexpoint Residential Tr Inc | $12.6M | 1.3% | |
| HDHome Depot Inc | $10.4M | 1.1% | New |
| LOWLowes Cos Inc | $9.8M | 1.0% | New |
| MHOM/i Homes Inc | $8.9M | 0.9% | +16.0% |
| LPXLouisiana Pac Corp | $7.4M | 0.8% | New |
| SMRTSmartrent Inc | $6.7M | 0.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| HGVHilton Grand Vacations Inc | June 30, 2020 | +167.9% | $62.1M |
| COMPCompass Inc | September 30, 2025 | +53.5% | $44.3M |
| MHOM/i Homes Inc | June 30, 2025 | +43.4% | $8.9M |
| PRKSUnited Parks & Resorts Inc | December 31, 2025 | +31.5% | $37.1M |
| DOCHealthpeak Properties Inc | March 31, 2026 | +30.2% | $5.5M |
| COLDAmericold Realty Trust Inc | September 30, 2025 | +28.4% | $42.2M |
| JANJanus Living Inc | March 31, 2026 | +21.9% | $73.8M |
| FUNSix Flags Entertainment Corp | March 31, 2026 | +20.0% | $20.9M |
| WHWyndham Hotels & Resorts Inc | December 31, 2025 | +11.4% | $2.5M |
| TRTXTpg Re Fin Tr Inc | March 31, 2024 | +8.4% | $58.8M |
Sold off last quarter
- INNSummit Hotel Pptys was $41.5M
- Norwegian Cruise Line HldgsCUSIP G66721104 was $32.4M
- HHyatt Hotels Corp was $32.2M
- AMHAmerican Homes 4 Rent was $31.0M
- KRCKilroy Realty Corp was $29.3M
- James Hardie Inds PLCCUSIP G4253H101 was $21.9M
- CUBECubesmart was $16.0M
- LINELineage Inc was $13.5M
- CSRCenterspace was $10.9M
- Taylor Morrison Home CorpCUSIP 87724P106 was $10.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +19.8% | +14.8% |
| March 31, 2026 | −5.3% | −4.6% |
| December 31, 2025 | +0.8% | +2.4% |
| September 30, 2025 | +5.9% | +7.8% |
| June 30, 2025 | +5.5% | +10.5% |
| March 31, 2025 | −0.6% | −4.6% |
| December 31, 2024 | −8.0% | +2.1% |
| September 30, 2024 | +14.7% | +5.4% |
| June 30, 2024 | +0.4% | +4.0% |
| March 31, 2024 | −0.2% | +10.0% |
| December 31, 2023 | +15.9% | +11.2% |
| September 30, 2023 | −9.5% | −3.6% |
| June 30, 2023 | +4.8% | +8.3% |
| March 31, 2023 | +2.2% | +7.0% |
| December 31, 2022 | +12.1% | +7.1% |
| September 30, 2022 | −8.1% | −5.3% |
| June 30, 2022 | −15.5% | −16.5% |
| March 31, 2022 | −4.8% | −4.9% |
| December 31, 2021 | +7.8% | +10.7% |
| September 30, 2021 | −1.6% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Long Pond Capital, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1499066&type=13F-HR&dateb=&owner=include&count=40CIK 1499066
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1499066/000117266126003415/Filed August 13, 2026 · accession 0001172661-26-003415