GEM Realty Capital
- SEC CIK
- 0001544554
- Latest filing
- Aug 14, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 31
- +4 vs. Q2 2025
- Portfolio value
- $1.07B
- +$27.9M (+2.7%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| CCICrown Castle Inc. | REIT | 1,294,803 | $124.9M | 11.7% | +672,625+108.1% | Added | History |
| MTNVail Resorts Inc | COM | 452,114 | $67.6M | 6.3% | −4,535−1.0% | Reduced | History |
| FRTFederal Realty Investment Trust | SH BEN INT NEW | 655,162 | $66.4M | 6.2% | +154,935+31.0% | Added | History |
| HIWHighwoods Properties, Inc. | COM | 2,046,809 | $65.1M | 6.1% | +799,339+64.1% | Added | History |
| EQIXEquinix Inc | COM | 80,895 | $63.4M | 5.9% | −177−0.2% | Reduced | History |
| HHyatt Hotels Corp | COM CL A | 439,810 | $62.4M | 5.8% | −91,976−17.3% | Reduced | History |
| AHRAmerican Healthcare REIT, Inc. | COM SHS | 1,480,722 | $62.2M | 5.8% | −347,606−19.0% | Reduced | History |
| CTRECareTrust REIT, Inc. | COM | 1,550,583 | $53.8M | 5.0% | +684,708+79.1% | Added | History |
| CURBCurbline Properties Corp. | COM | 2,402,558 | $53.6M | 5.0% | +31,781+1.3% | Added | History |
| RHPRyman Hospitality Properties, Inc. | COM | 511,078 | $45.8M | 4.3% | +114,090+28.7% | Added | History |
| OUTOUTFRONT Media Inc. | REIT | 2,468,232 | $45.2M | 4.2% | +279,326+12.8% | Added | History |
| LINELineage, Inc. | COM | 1,105,351 | $42.7M | 4.0% | +277,099+33.5% | Added | History |
| SKTTanger Inc. | COM | 1,178,942 | $39.9M | 3.7% | −710,155−37.6% | Reduced | History |
| NCLHNorwegian Cruise Line Holdings Ltd. | SHS | 1,390,358 | $34.2M | 3.2% | +1,390,358 | New | History |
| VNOVornado Realty Trust | SH BEN INT | 791,560 | $32.1M | 3.0% | +791,560 | New | History |
| PRSUPursuit Attractions & Hospitality, Inc. | COM | 787,930 | $28.5M | 2.7% | +787,930 | New | History |
| TOLToll Brothers, Inc. | COM | 205,612 | $28.4M | 2.7% | +205,612 | New | History |
| CDPCopt Defense Properties | REIT | 977,264 | $28.4M | 2.7% | +977,264 | New | History |
| WELLWelltower Inc. | REIT | 133,616 | $23.8M | 2.2% | −112,615−45.7% | Reduced | History |
| PHMPultegroup Inc | COM | 147,637 | $19.5M | 1.8% | +147,637 | New | History |
| JLLJones Lang Lasalle Inc | COM | 62,554 | $18.7M | 1.7% | +62,554 | New | History |
| CBRECbre Group, Inc. | CL A | 116,793 | $18.4M | 1.7% | +116,793 | New | History |
| DLRDigital Realty Trust, Inc. | COM | 104,375 | $18.0M | 1.7% | −94,827−47.6% | Reduced | History |
| CCLCarnival Corp Ltd. | UNIT 99/99/9999 | 399,186 | $11.5M | 1.1% | −1,468,434−78.6% | Reduced | History |
| VTRVentas, Inc. | REIT | 37,287 | $2.61M | 0.2% | −560,541−93.8% | Reduced | History |
| CUBECubeSmart | REIT | 56,153 | $2.28M | 0.2% | 00.0% | Unchanged | History |
| INVHInvitation Homes Inc. | COM | 77,407 | $2.27M | 0.2% | +77,407 | New | History |
| GLPIGaming & Leisure Properties, Inc. | COM | 46,885 | $2.19M | 0.2% | 00.0% | Unchanged | History |
| SBACSba Communications Corp | CL A | 10,835 | $2.09M | 0.2% | −143,544−93.0% | Reduced | History |
| UDRUDR, Inc. | COM | 51,016 | $1.90M | 0.2% | 00.0% | Unchanged | History |
| WHWyndham Hotels & Resorts, Inc. | COM | 5,046 | $403.2K | <0.1% | 00.0% | Unchanged | History |
Sold out since Q2 2025 (5)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| VMRKVivmark Residential | SH BEN INT | 1,045,798 | $70.6M | 6.8% | History |
| WPCW. P. Carey Inc. | COM | 604,270 | $37.7M | 3.6% | History |
| ADCAgree Realty Corp | COM | 386,448 | $28.2M | 2.7% | History |
| DBRGDigitalBridge Group, Inc. | CL A NEW | 1,816,915 | $18.8M | 1.8% | History |
| MTHMeritage Homes CORP | COM | 26,236 | $1.76M | 0.2% | History |