Long Pond Capital, LP
Sector Allocation
- Real Estate67.7%$646.0M
- Consumer Discretionary17.6%$167.6M
- Communication Services9.8%$93.7M
- Industrials4.2%$39.9M
- Technology0.7%$6.7M
AUM History
13fpro.ai/research/fund/long-pond-capital-lp-1499066
Conviction and streaks
Concentrating · top 10 = 69.3%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
SBAC
$158.6MIRT
$85.6MJAN
$73.8MHGV
$62.1MJBGS
$59.0MTRTX
$58.8MCOMP
$44.3MCOLD
$42.2MKREF
$39.8MPRKS
$37.1MCHDN
$35.7MWYNN
$29.8MPOOL
$28.5MFERG
$24.6MBLDR
$22.0MCPT
$20.9MFUN
$20.9MELS
$19.7MSMA
$14.5MNXRT
$12.6M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/long-pond-capital-lp-1499066
Long Pond Capital, LP 13F holdings — Q2 2026
$1.0B portfolio (-0.6% QoQ) · 31 holdings · Q2 2026 13F · top 10 are 69% of the stock portfolio
Includes $86.5M of put/call options ($0 puts, $86.5M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $953.9M. Weights use the stock portfolio.
$158.6M
16.6% of stocks
NewThis quarter-0.1%Since filedNew this quarterHeld$85.6M
9.0% of stocks
-10%This quarter-12.1%Since filed10+ qtrsHeld$73.8M
7.7% of stocks
-22%This quarter-4.4%Since filed2 qtrsHeld$62.1M
6.5% of stocks
+144%This quarter-20.5%Since filed10+ qtrsHeld$59.0M
6.2% of stocks
-9%This quarter-1.9%Since filed10+ qtrsHeld$58.8M
6.2% of stocks
No changeThis quarter-22.1%Since filed10+ qtrsHeld$44.3M
4.7% of stocks
+195%This quarter-27.4%Since filed4 qtrsHeld$42.2M
4.4% of stocks
-40%This quarter-3.4%Since filed4 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$39.8M
4.2% of stocks
+1%This quarter-25.4%Since filed4 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$37.1M
3.9% of stocks
-54%This quarter-31.9%Since filed3 qtrsHeld
All holdings — Long Pond Capital, LP (Q2 2026)
31 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | SBA COMMUNICATIONS CORP | Real Estate | $86.5M | — | 490K | +23% | — | — | 13F | |
| 12 | Churchill Downs Inc | Communication Services | $35.7M | 3.7% | 398K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | WYNN RESORTS LTD | Consumer Discretionary | $29.8M | 3.1% | 307K | -42% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | POOL CORP | Consumer Discretionary | $28.5M | 3.0% | 132K | +21% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Ferguson Enterprises Inc. /DE/ | Consumer Discretionary | $24.6M | 2.6% | 104K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Builders FirstSource, Inc. | Industrials | $22.0M | 2.3% | 246K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | CAMDEN PROPERTY TRUST | Real Estate | $20.9M | 2.2% | 183K | -54% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Six Flags Entertainment Corporation/NEW | Communication Services | $20.9M | 2.2% | 979K | +31% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | EQUITY LIFESTYLE PROPERTIES INC | Real Estate | $19.7M | 2.1% | 306K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | SmartStop Self Storage REIT, Inc. | Real Estate | $14.5M | 1.5% | 445K | -27% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | NexPoint Residential Trust, Inc. | Real Estate | $12.6M | 1.3% | 453K | — | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | HOME DEPOT, INC. | Consumer Discretionary | $10.4M | 1.1% | 30K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | LOWES COMPANIES INC | Consumer Discretionary | $9.8M | 1.0% | 44K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | M/I HOMES, INC. | Industrials | $8.9M | 0.9% | 55K | +16% | 5 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | LOUISIANA-PACIFIC CORP | Industrials | $7.4M | 0.8% | 94K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $SMRT | SmartRent, Inc. | Technology | $6.7M | 0.7% | 5.61M | — | |||
| 27 | $MAA | MID AMERICA APARTMENT COMMUNITIES INC. | Real Estate | $5.6M | 0.6% | 41K | — | |||
| 28 | $DOC | HEALTHPEAK PROPERTIES, INC. | Real Estate | $5.5M | 0.6% | 257K | -90% | |||
| 29 | $ARE | ALEXANDRIA REAL ESTATE EQUITIES, INC. | Real Estate | $5.0M | 0.5% | 95K | New | |||
| 30 | $WH | WYNDHAM HOTELS & RESORTS, INC. | Consumer Discretionary | $2.5M | 0.3% | 30K | -96% | |||
| 31 | $FBIN | Fortune Brands Innovations, Inc. | Industrials | $1.6M | 0.2% | 30K | New |
What changed in Q2 2026
Against the previous quarter's 13F: 10 new, 7 added to, 10 trimmed, 12 sold out. Share-count changes; largest moves by dollar size first.
New positions (10)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
$HDHOME DEPOT, INC.$10.4M
first bought this quarter
+4 more in the Excel export
Added to (7)
now $62.1M · held 10+ qtrs
now $44.3M · held 4 qtrs
now $86.5M
now $28.5M · held 2 qtrs, 2 adds in a row
now $20.9M · held 2 qtrs, 2 adds in a row
$MHOM/I HOMES, INC.+16%
now $8.9M · held 5 qtrs
+1 more in the Excel export
Trimmed (10)
$WHWYNDHAM HOTELS & RESORTS, INC.-96%
now $2.5M · held 3 qtrs
$DOCHEALTHPEAK PROPERTIES, INC.-90%
now $5.5M · held 2 qtrs
now $37.1M · held 3 qtrs
now $42.2M · held 4 qtrs, 3 trims in a row
now $20.9M · held 10+ qtrs
now $29.8M · held 2 qtrs
+4 more in the Excel export
Sold out (12)
$INNSummit Hotel Properties, Inc.was $41.5M
held 4 qtrs
$NCLHNorwegian Cruise Line Holdings Ltd.was $32.4M
held 1 qtr
$HHyatt Hotels Corpwas $32.2M
held 5 qtrs
$AMHAmerican Homes 4 Rentwas $31.0M
held 1 qtr
$KRCKILROY REALTY CORPwas $29.3M
held 1 qtr
$JHXJames Hardie Industries plcwas $21.9M
+6 more in the Excel export
Holdings by quarter
Every 13F Long Pond Capital, LP has filed, 38 earlier quarters. Pick one to see what it held then.
Is it too late to follow Long Pond Capital?
Q2 2026 13F filed with the SEC on Aug 13, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Long Pond Capital's top 20 holdings: 53/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-11.5%
Value-weighted move of the 10 largest stock positions
Turnover
39%
Last quarter; 157% over the last 4
Top 10 weight
69%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
47%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Long Pond Capital, LP disclosed 31 positions worth $1.0B in its Form 13F-HR for Q2 2026 — $953.9M in common stock plus $86.5M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SBAC (SBA COMMUNICATIONS CORP) at 16.6% of the equity portfolio, followed by $IRT and $JAN. During the quarter the fund opened 10 new positions and exited 12 — including a new stake in $SBAC and a full exit from $INN. The portfolio is most concentrated in Real Estate (67.7% of disclosed assets). All figures are sourced directly from Long Pond Capital, LP’s Form 13F-HR filing with the SEC under CIK 1499066.
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