# Vision Capital Corp

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1764403. Source: https://holderbook.com/funds/1764403-vision-capital-corp/

- Reported value: $309.0M
- Positions: 15
- Weight of the ten largest: 89.0%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $74.6M | 0 | 24.2% | 1 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $32.1M | 178,923 | 10.4% | 9 |
| BROOKDALE SR LIVING INC | [BKD](https://holderbook.com/stocks/BKD/) | $30.0M | 1,865,324 | 9.7% | 1 |
| CUBESMART | [CUBE](https://holderbook.com/stocks/CUBE/) | $27.7M | 696,812 | 9.0% | 3 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $26.3M | 429,587 | 8.5% | 3 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $20.2M | 19,366 | 6.5% | 7 |
| REXFORD INDL RLTY INC | [REXR](https://holderbook.com/stocks/REXR/) | $17.6M | 0 | 5.7% | 1 |
| SUN CMNTYS INC | [SUI](https://holderbook.com/stocks/SUI/) | $16.2M | 135,152 | 5.2% | 18 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $15.9M | 209,300 | 5.1% | 1 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $14.5M | 107,495 | 4.7% | 7 |
| URBAN EDGE PPTYS | [UE](https://holderbook.com/stocks/UE/) | $10.2M | 445,000 | 3.3% | 1 |
| INVENTRUST PPTYS CORP | [IVT](https://holderbook.com/stocks/IVT/) | $10.1M | 285,583 | 3.3% | 7 |
| KITE REALTY GROUP TRUST | [KRG](https://holderbook.com/stocks/KRG/) | $5.7M | 200,000 | 1.8% | 1 |
| CTO RLTY GROWTH INC NEW | [CTO](https://holderbook.com/stocks/CTO/) | $4.0M | 186,000 | 1.3% | 1 |
| NEWMARK GROUP INC | [NMRK](https://holderbook.com/stocks/NMRK/) | $3.9M | 258,632 | 1.3% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.4% | +14.8% | -10.5% | 100% |
| Q1 2026 | +8.2% | -4.6% | +12.8% | 100% |
| Q4 2025 | -1.3% | +2.4% | -3.6% | 91% |
| Q3 2025 | -4.5% | +7.8% | -12.3% | 100% |
| Q2 2025 | -2.2% | +10.5% | -12.7% | 100% |
| Q1 2025 | -9.4% | -4.6% | -4.8% | 100% |
| Q4 2024 | -9.2% | +2.1% | -11.4% | 100% |
| Q3 2024 | +16.3% | +5.4% | +10.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $309.0M | 15 |
| Q1 2026 | $397.4M | 14 |
| Q4 2025 | $227.1M | 12 |
| Q3 2025 | $342.1M | 10 |
| Q2 2025 | $377.9M | 14 |
| Q1 2025 | $437.0M | 16 |
| Q4 2024 | $618.9M | 18 |
| Q3 2024 | $619.8M | 21 |
| Q2 2024 | $615.6M | 13 |
| Q1 2024 | $489.5M | 16 |
| Q4 2023 | $255.4M | 13 |
| Q3 2023 | $291.0M | 6 |