In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Conversant Capital LLC reported 14 stock positions worth $455.9 million . Its top holding was Sonida Senior Living (SNDA) at 43.5% of the portfolio, followed by Target Hospitality (TH, 8.7% ) and NPK International (NPKI, 7.2% ). Compared with Q1 2024, it opened 6 new positions, sold out of 6, added to 3 and reduced 2. The biggest buy was a new position in Americold Realty Trust (COLD) and the biggest sale an exit from Digitalbridge (DBRG).
Location SUMMIT, NJ
CIK 0001850901
Portfolio Value $455.9M (Q2 2024) Holdings 14 stocks · $455.9M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 SNDA Sonida Senior Living Inc. 7,210,877 $198.3M No change TH Target Hospitality Corp. 4,537,200 $39.5M Reduce -10.0% NPKI NPK International Inc. filed as NEWPARK RES INC 3,956,852 $32.9M No change SITC Site Centers Corp. filed as SITE CTRS CORP 2,150,000 $31.2M Add +134.2% PFSI Pennymac Financial Services 299,000 $28.3M Add +6.8% COLD Americold Realty Trust Inc. 944,000 $24.1M New CZR Caesars Entertainment Inc. 560,000 $22.3M New FR First Industrial Realty TR 400,000 $19.0M New NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 535,000 $18.2M Add +39.0% CORZ Core Scientific Inc. 1,950,000 $18.1M New CCO Clear Channel Outdoor Holdin 6,925,256 $9.8M Reduce -23.3% SILA Sila Realty Trust Inc. 370,010 $7.8M New IREN Iren Ltd. filed as IRIS ENERGY LTD 300,000 $3.4M New UHG United Homes Group Inc. 535,173 $3.0M No change
Options reported separately and not counted above: IWM puts ($81.2M), HYG puts ($7.7M), FLG calls ($6.8M).
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ DBRG Digitalbridge Group Inc. Sold out 0.00% −5.87 TH Target Hospitality Corp. Reduce -10.0% 8.67% −4.17 AHR American Healthcare REIT Inc. Sold out 0.00% −2.68 RSI Rush Street Interactive Inc. Sold out 0.00% −2.57 NLOP Net Lease Office Property Sold out 0.00% −2.42 OUT Outfront Media Inc. Sold out 0.00% −1.57 CCO Clear Channel Outdoor Holdin Reduce -23.3% 2.14% −1.35 SN Sharkninja Inc. Sold out 0.00% −0.73
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ COLD Americold Realty Trust Inc. New 5.29% +5.29 CZR Caesars Entertainment Inc. New 4.88% +4.88 FR First Industrial Realty TR New 4.17% +4.17 CORZ Core Scientific Inc. New 3.98% +3.98 SITC Site Centers Corp. Add +134.2% 6.84% +3.69 SILA Sila Realty Trust Inc. New 1.72% +1.72 NMIH Nmi Holdings Inc. Add +39.0% 3.99% +1.08 IREN Iren Ltd. New 0.74% +0.74 PFSI Pennymac Financial Services Add +6.8% 6.20% +0.23
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF put Reduce -33.3% 400,000 $81.2M IEF iShares 7-10 Year Treasury B put Sold out 800,000 $75.7Mbefore exit KRE SS SPDR S&P Regional Bank put Sold out 950,000 $47.8Mbefore exit HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 100,000 $7.7M FLG New York Community Bancorp call New 701,000 $6.8M FLG New York Community Bancorp put Sold out 1,170,000 $3.8Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 16 $851.9M SNDA, COMP, CTRI, INVH, JAN Q1 2026 15 $724.2M SNDA, INVH, JAN, CCI, SMA Q4 2025 12 $526.3M SNDA, RITM, CTRI, GNL, HPP Q3 2025 8 $478.1M SNDA, CTRI, RITM, GNL, WD Q2 2025 Amended 13 $525.8M SNDA, RITM, SMA, SILA, GNL Q1 2025 16 $490.6M SNDA, SILA, RITM, JLL, SITC Q4 2024 11 $476.4M SNDA, TH, SILA, RITM, NPKI Q3 2024 14 $535.6M SNDA, SILA, RITM, TH, SITC Q2 2024 14 $455.9M SNDA, TH, NPKI, SITC, PFSI Q1 2024 14 $427.0M SNDA, TH, NPKI, PFSI, DBRG