1y return+13.9%S&P 500 +20.9%
3y return+24.4%S&P 500 +68.5%
5y return+18.3%S&P 500 +74.5%
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 December 31, 2018: $170 against $299 in the S&P 500.2
Rush Island Management, 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 |
|---|---|---|---|
| INVHInvitation Homes Inc | $137.3M | 9.1% | +7.3% |
| ESSEssex Ppty Tr Inc | $127.9M | 8.5% | −45.7% |
| NNNNnn Reit Inc | $115.1M | 7.6% | −20.2% |
| KRCKilroy Realty Corp | $110.4M | 7.3% | −39.4% |
| HRHealthcare Rlty Tr | $105.2M | 7.0% | −27.8% |
| VTRVentas Inc | $98.9M | 6.6% | −20.6% |
| SBRASabra Health Care Reit Inc | $82.1M | 5.4% | +163.4% |
| SBACSba Communications Corp | $80.5M | 5.3% | −53.4% |
| FRFirst Indl Rlty Tr Inc | $78.6M | 5.2% | −26.9% |
| BXDCBlackstone Digital Infrastru | $77.6M | 5.1% | New |
| VMRKEquity Residential | $66.4M | 4.4% | New |
| AMTAmerican Tower Corp | $66.3M | 4.4% | New |
| ADCAgree Rlty Corp | $66.2M | 4.4% | +29.0% |
| DOCHealthpeak Properties Inc | $63.0M | 4.2% | New |
| MACMacerich Co | $52.1M | 3.5% | New |
| EPRTEssential Pptys Rlty Tr Inc | $48.7M | 3.2% | +30.5% |
| IRTIndependence Rlty Tr Inc | $38.7M | 2.6% | −33.0% |
| NHPNational Healthcare Pptys In | $37.8M | 2.5% | New |
| VICIVici Pptys Inc | $19.5M | 1.3% | New |
| SITCSite Ctrs Corp | $17.9M | 1.2% | +1.2% |
| POOLPool Corp | $10.0M | 0.7% | New |
| FUNSix Flags Entertainment Corp | $8.9M | 0.6% | −54.8% |
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 |
|---|---|---|---|
| VTRVentas Inc | September 30, 2023 | +110.8% | $98.9M |
| FRFirst Indl Rlty Tr Inc | June 30, 2025 | +27.4% | $78.6M |
| INVHInvitation Homes Inc | March 31, 2026 | +21.6% | $137.3M |
| IRTIndependence Rlty Tr Inc | March 31, 2026 | +12.1% | $38.7M |
| ESSEssex Ppty Tr Inc | September 30, 2025 | +8.9% | $127.9M |
| NNNNnn Reit Inc | September 30, 2021 | +7.7% | $115.1M |
| HRHealthcare Rlty Tr | March 31, 2023 | +4.3% | $105.2M |
| SBRASabra Health Care Reit Inc | March 31, 2026 | +1.5% | $82.1M |
| ADCAgree Rlty Corp | March 31, 2026 | +0.5% | $66.2M |
| EPRTEssential Pptys Rlty Tr Inc | March 31, 2026 | −1.7% | $48.7M |
Sold off last quarter
- FRTFederal Rlty Invt Tr New was $67.8M
- COLDAmericold Realty Trust Inc was $35.5M
- AKRAcadia Rlty Tr was $32.3M
- CSGPCostar Group Inc was $19.5M
- APLEApple Hospitality Reit Inc was $17.1M
- CURBCurbline Pptys Corp was $17.1M
- JANJanus Living Inc was $7.1M
- SNDASonida Senior Living Inc was $7.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.7% | +14.8% |
| March 31, 2026 | −2.0% | −4.6% |
| December 31, 2025 | −1.4% | +2.4% |
| September 30, 2025 | +3.8% | +7.8% |
| June 30, 2025 | −0.7% | +10.5% |
| March 31, 2025 | +0.2% | −4.6% |
| December 31, 2024 | −6.9% | +2.1% |
| September 30, 2024 | +13.6% | +5.4% |
| June 30, 2024 | +4.0% | +4.0% |
| March 31, 2024 | −4.5% | +10.0% |
| December 31, 2023 | +18.0% | +11.2% |
| September 30, 2023 | −11.6% | −3.6% |
| June 30, 2023 | +1.1% | +8.3% |
| March 31, 2023 | +2.6% | +7.0% |
| December 31, 2022 | +4.0% | +7.1% |
| September 30, 2022 | −9.0% | −5.3% |
| June 30, 2022 | −16.4% | −16.5% |
| March 31, 2022 | +0.6% | −4.9% |
| December 31, 2021 | +11.5% | +10.7% |
| September 30, 2021 | +3.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Rush Island Management, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1736465&type=13F-HR&dateb=&owner=include&count=40CIK 1736465
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1736465/000121465926010384/Filed August 14, 2026 · accession 0001214659-26-010384