Masterton Capital Management, LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Masterton Capital Management, LP maintained a portfolio of 25 distinct positions. The most significant new addition to the portfolio was UDR INC, which now represents 1.75% of the total fund value. They heavily accumulated shares in EQUITY RESIDENTIAL, increasing their position by 9.6%. Conversely, Masterton Capital Management, LP completely exited their position in VICI PPTYS INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
25
Quarter
2025 Q4
Top Holding
EQR (14.8%)
Top 10 Concentration
75.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 25
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
EQR
EQUITY RESIDENT...
Bond/Debt 14.77% 10.89% #1 1
Prev: #2
7.9 29,363 9.6%
P
S
336,187 $21,193,228 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FRT
FEDERAL RLTY IN...
Bond/Debt 12.19% 13.64% #2 1
Prev: #1
5.0 -72,100 -29.4%
P
S
173,546 $17,493,437 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PSA
PUBLIC STORAGE ...
Real Estate 9.40% 8.68% #3
Prev: #3
3.8 -2,860 -5.2%
P
S
51,982 $13,489,329 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AMH
AMERICAN HOMES ...
Real Estate 7.85% 6.72% #4 1
Prev: #5
3.2 -17,700 -4.8%
P
S
350,715 $11,257,952 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INVH
INVITATION HOME...
Real Estate 7.33% 7.00% #5 1
Prev: #4
3.0 -57,314 -13.2%
P
S
378,265 $10,511,984 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PFGC
PERFORMANCE FOO...
Consumer Defensive 5.74% 5.22% #6 1
Prev: #7
2.3 no change no change
P
S
91,587 $8,235,503 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CHEF
CHEFS WHSE INC
Consumer Defensive 5.27% 2.24% #7 11
Prev: #18
4.3 51,300 73.4%
P
S
121,200 $7,554,396 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KIM
KIMCO RLTY CORP
Real Estate 4.85% 3.42% #8 5
Prev: #13
4.0 58,300 20.4%
P
S
343,513 $6,963,009 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
APLE
APPLE HOSPITALI...
Real Estate 4.39% 2.84% #9 7
Prev: #16
3.8 99,800 23.1%
P
S
531,000 $6,292,350 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BURL
BURLINGTON STOR...
Consumer Cyclical 4.12% 6.60% #10 4
Prev: #6
1.8 -26,820 -56.7%
P
S
20,462 $5,910,449 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SKT
TANGER INC
Real Estate 3.74% 2.98% #11 3
Prev: #14
1.5 no change no change
P
S
160,600 $5,359,222 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TRNO
TERRENO RLTY CO...
Real Estate 3.62% 3.91% #12
Prev: #12
1.5 -37,420 -29.7%
P
S
88,380 $5,188,790 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BXP
BXP INC
Real Estate 3.41% 2.95% #13 2
Prev: #15
1.4 no change no change
P
S
72,500 $4,892,300 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EXR
EXTRA SPACE STO...
Real Estate 3.07% 4.26% #14 4
Prev: #10
1.3 -21,250 -38.6%
P
S
33,850 $4,407,947 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PLD
PROLOGIS INC.
Real Estate 2.22% 4.28% #15 6
Prev: #9
1.1 -43,100 -63.3%
P
S
25,000 $3,191,500 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MCD
MCDONALDS CORP
Consumer Cyclical 1.93% 4.05% #16 5
Prev: #11
1.0 -15,240 -62.7%
P
S
9,060 $2,769,008 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UDR
UDR INC
Real Estate 1.75% #17
Prev: #—
2.7 68,400 no change
NEW
68,400 $2,508,912 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TXRH
TEXAS ROADHOUSE...
Consumer Cyclical 1.63% #18
Prev: #—
2.7 14,100 no change
NEW
14,100 $2,340,600 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TREX
TREX CO INC
Industrials 1.17% 4.40% #19 11
Prev: #8
0.7 -107,400 -69.2%
P
S
47,811 $1,677,210 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ROST
ROSS STORES INC
Consumer Cyclical 0.71% 2.32% #20 3
Prev: #17
0.5 -22,100 -79.7%
P
S
5,632 $1,014,548 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CHH
CHOICE HOTELS I...
Consumer Cyclical 0.43% #21
Prev: #—
2.2 6,500 no change
NEW
6,500 $619,190 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WH
WYNDHAM HOTELS ...
Consumer Cyclical 0.41% #22
Prev: #—
2.2 7,700 no change
NEW
7,700 $581,812 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VICI
VICI PPTYS INC
Real Estate 0.00% 1.44%
Sold All 😨
(Was: #19)
0.3 -80,817 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AVB
AVALONBAY CMNTY...
Real Estate 0.00% 1.33%
Sold All 😨
(Was: #20)
0.3 -12,600 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DHI
D R HORTON INC
Consumer Cyclical 0.00% 0.83%
Sold All 😨
(Was: #21)
0.3 -8,963 -100.0%
CLOSED
$— 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 25 holdings

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