Emmett Investment Management, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Emmett Investment Management, LP reported 24 stock positions worth $126.1 million. Its top holding was Whitestone REIT (WSR) at 11.4% of the portfolio, followed by Interactive Brokers Gro Class A (IBKR, 8.2%) and Spotify Technology (SPOT, 8.1%). Compared with Q1 2025, it opened 7 new positions, sold out of 6, added to 8 and reduced 7. The biggest buy was a new position in New York Times Class A (NYT) and the biggest sale an exit from Playags (AGS).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002042845
- Portfolio Value
- $126.1M (Q2 2025)
- SEC Filing
- 0001420506-25-002063 ↗ filed Aug 14, 2025
Holdings Value
Holdings 24 stocks · $126.1M
| WSR Whitestone REIT | 11.38% | 1,145,205 | $14.3M | Add +42.9% |
| IBKR Interactive Brokers Gro Class A | 8.21% | 183,880 | $10.4M | Reduce -1.5% |
| SPOT Spotify Technology SA | 8.08% | 14,103 | $10.2M | Reduce -9.5% |
| CME Cme Group Inc. | 7.63% | 34,910 | $9.6M | Add +84.1% |
| BOX Box Inc. Class A | 5.17% | 193,450 | $6.5M | Add +21.1% |
| Z Zillow Group Inc. Class C | 5.03% | 89,779 | $6.3M | Add +14.3% |
| NYT New York Times Co. Class A | 4.95% | 110,650 | $6.2M | New |
| PM Philip Morris International | 4.64% | 32,925 | $5.8M | Reduce -26.1% |
| MCRI Monarch Casino & Resort Inc. | 4.63% | 65,656 | $5.8M | Add +52.6% |
| LLYVK Liberty Media Corp.-Liberty-C | 4.58% | 71,827 | $5.8M | Add +20.2% |
| SGI Somnigroup International Inc. | 4.52% | 81,750 | $5.7M | Reduce -10.4% |
| IDT Idt Corp. Class B | 4.39% | 80,170 | $5.5M | Reduce -34.1% |
| CASS Cass Information Systems Inc. | 4.22% | 117,475 | $5.3M | Add +26.0% |
| SNDA Sonida Senior Living Inc. | 3.79% | 198,072 | $4.8M | Add +25.1% |
| GRND Grindr Inc. | 3.16% | 182,085 | $4.0M | No change |
| GLD SPDR Gold Shares | 2.86% | 11,735 | $3.6M | No change |
| HLT Hilton Worldwide Holdings Inc. | 2.75% | 12,884 | $3.5M | Reduce -47.0% |
| CBL CBL & Associates Properties | 2.43% | 118,733 | $3.1M | New |
| GBTG Global Business Travel Group | 2.20% | 438,185 | $2.8M | Reduce -12.4% |
| SITC Site Centers Corp. filed as SITE CTRS CORP | 1.61% | 176,594 | $2.0M | New |
| YEXT Yext Inc. | 1.46% | 219,814 | $1.8M | New |
| BTI British American Tob-SP ADR | 1.33% | 35,800 | $1.7M | New |
| CEPO Cantor Equity Partners I-A | 0.75% | 80,633 | $943K | New |
| CEPT Cantor Equity Partners Class A | 0.23% | 27,000 | $295K | New |
Portfolio Sells Q1 2025 → Q2 2025
| AGS Playags Inc. | Sold out | 0.00% | −5.40 |
| NWSA News Corp. Class A | Sold out | 0.00% | −2.76 |
| OSW Onespaworld Holdings Ltd. | Sold out | 0.00% | −2.73 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -47.0% | 2.75% | −2.29 |
| PM Philip Morris International | Reduce -26.1% | 4.64% | −1.80 |
| IDT Idt Corp. Class B | Reduce -34.1% | 4.39% | −1.46 |
| NHI Natl Health Investors Inc. | Sold out | 0.00% | −1.44 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −1.19 |
| GBTG Global Business Travel Group | Reduce -12.4% | 2.20% | −1.15 |
| SGI Somnigroup International Inc. | Reduce -10.4% | 4.52% | −0.67 |
| KRC Kilroy Realty Corp. | Sold out | 0.00% | −0.56 |
| SPOT Spotify Technology SA | Reduce -9.5% | 8.08% | +0.23 |
| IBKR Interactive Brokers Gro Class A | Reduce -1.5% | 8.21% | +0.84 |
Portfolio Buys Q1 2025 → Q2 2025
| NYT New York Times Co. Class A | New | 4.95% | +4.95 |
| CME Cme Group Inc. | Add +84.1% | 7.63% | +3.09 |
| CBL CBL & Associates Properties | New | 2.43% | +2.43 |
| SITC Site Centers Corp. | New | 1.61% | +1.61 |
| MCRI Monarch Casino & Resort Inc. | Add +52.6% | 4.63% | +1.54 |
| YEXT Yext Inc. | New | 1.46% | +1.46 |
| BTI British American Tob-SP ADR | New | 1.33% | +1.33 |
| LLYVK Liberty Media Corp.-Liberty-C | Add +20.2% | 4.58% | +0.76 |
| CEPO Cantor Equity Partners I-A | New | 0.75% | +0.75 |
| WSR Whitestone REIT | Add +42.9% | 11.38% | +0.66 |
| BOX Box Inc. Class A | Add +21.1% | 5.17% | +0.60 |
| CASS Cass Information Systems Inc. | Add +26.0% | 4.22% | +0.53 |
| SNDA Sonida Senior Living Inc. | Add +25.1% | 3.79% | +0.47 |
| CEPT Cantor Equity Partners Class A | New | 0.23% | +0.23 |
| Z Zillow Group Inc. Class C | Add +14.3% | 5.03% | +0.14 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $142.6M | L, SNDA, LRCX, RSG, TSM |
| Q1 2026 | 24 | $130.8M | WSR, L, CME, NYT, SNDA |
| Q4 2025 | 22 | $129.8M | WSR, L, NYT, CME, SPOT |
| Q3 2025Amended | 23 | $127.3M | WSR, CME, SPOT, IBKR, L |
| Q2 2025 | 24 | $126.1M | WSR, IBKR, SPOT, CME, BOX |
| Q1 2025 | 23 | $109.5M | WSR, SPOT, IBKR, PM, IDT |
| Q4 2024 | 26 | $111.3M | AGS, WSR, IBKR, SPOT, HLT |