Long Pond Capital, LP
Annual return '25
+16.5%
SPY '25
+17.7%
Alpha
-1.2ptsvs SPY
Invested
$1B
Holdings
33
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 95%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$IRT
INDEPENDENCE RLTY TR INC
Q4 2025: Exited (was 12.30M shares)
8.1%
02
$JAN
JANUS LIVING INC
Held since at least Q1 2024
7.4%
03
$SBAC
SBA COMMUNICATIONS CORP
Held since at least Q1 2024
6.6%
04
$JBGS
JBG SMITH PPTYS
Q4 2025: Exited (was 3.23M shares)
6.2%
05
$WH
WYNDHAM HOTELS & RESORTS INC
Q3 2025: Exited (was 1.51M shares)
5.4%
06
$TRTX
TPG RE FIN TR INC
Q4 2025: Exited (was 6.90M shares)
5.2%
07
$PRKS
UNITED PARKS & RESORTS INC
Held since at least Q1 2024
5.2%
08
$WYNN
WYNN RESORTS LTD
Q2 2025: Exited (was 539.2k shares)
5.1%
09
$COLD
AMERICOLD REALTY TRUST INC
Q4 2025: Exited (was 7.76M shares)
4.9%
10
$INN
SUMMIT HOTEL PPTYS
Q4 2025: Exited (was 9.40M shares)
4.0%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 08:28 UTC.