Emmett Investment Management, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Emmett Investment Management, LP reported 23 stock positions worth $127.3 million. Its top holding was Whitestone REIT (WSR) at 12.1% of the portfolio, followed by Cme (CME, 8.2%) and Spotify Technology (SPOT, 7.8%). Compared with Q2 2025, it opened 3 new positions, sold out of 4, added to 9 and reduced 10. The biggest buy was a new position in Loews (L) and the biggest sale Philip Morris International (PM, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002042845
- Portfolio Value
- $127.3M (Q3 2025)
- SEC Filing
- 0001420506-25-003357 ↗ filed Nov 14, 2025
Holdings Value
Holdings 23 stocks · $127.3M
| WSR Whitestone REIT | 12.09% | 1,262,643 | $15.4M | Add +10.3% |
| CME Cme Group Inc. | 8.23% | 39,405 | $10.5M | Add +12.9% |
| SPOT Spotify Technology SA | 7.85% | 14,263 | $10.0M | Add +1.1% |
| IBKR Interactive Brokers Gro Class A | 6.89% | 127,480 | $8.8M | Reduce -30.7% |
| L Loews Corp. | 6.44% | 81,844 | $8.2M | New |
| LLYVK Liberty Media Corp.-Liberty-C | 5.33% | 71,827 | $6.8M | No change |
| NYT New York Times Co. Class A | 5.28% | 120,850 | $6.7M | Add +9.2% |
| SGI Somnigroup International Inc. | 4.81% | 73,550 | $6.1M | Reduce -10.0% |
| BOX Box Inc. Class A | 4.71% | 186,950 | $6.0M | Reduce -3.4% |
| SNDA Sonida Senior Living Inc. | 4.36% | 201,020 | $5.6M | Add +1.5% |
| CASS Cass Information Systems Inc. | 4.15% | 134,995 | $5.3M | Add +14.9% |
| MCRI Monarch Casino & Resort Inc. | 3.75% | 45,168 | $4.8M | Reduce -31.2% |
| GLD SPDR Gold Shares | 3.37% | 12,055 | $4.3M | Add +2.7% |
| Z Zillow Group Inc. Class C | 3.17% | 54,850 | $4.0M | Reduce -38.9% |
| CBL CBL & Associates Properties | 3.03% | 125,840 | $3.9M | Add +6.0% |
| AN Autonation Inc. | 2.75% | 15,640 | $3.5M | New |
| YEXT Yext Inc. | 2.47% | 373,663 | $3.1M | Add +70.0% |
| ZG Zillow Group Inc. Class A | 2.25% | 40,179 | $2.9M | New |
| HLT Hilton Worldwide Holdings Inc. | 2.23% | 11,054 | $2.8M | Reduce -14.2% |
| PM Philip Morris International | 2.03% | 16,090 | $2.6M | Reduce -51.1% |
| IDT Idt Corp. Class B | 1.85% | 46,409 | $2.4M | Reduce -42.1% |
| GRND Grindr Inc. | 1.55% | 132,285 | $2.0M | Reduce -27.4% |
| GBTG Global Business Travel Group | 1.43% | 229,404 | $1.8M | Reduce -47.6% |
Portfolio Sells Q2 2025 → Q3 2025
| PM Philip Morris International | Reduce -51.1% | 2.03% | −2.60 |
| IDT Idt Corp. Class B | Reduce -42.1% | 1.85% | −2.54 |
| Z Zillow Group Inc. Class C | Reduce -38.9% | 3.17% | −1.86 |
| GRND Grindr Inc. | Reduce -27.4% | 1.55% | −1.61 |
| SITC Site Centers Corp. | Sold out | 0.00% | −1.61 |
| IBKR Interactive Brokers Gro Class A | Reduce -30.7% | 6.89% | −1.33 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −1.33 |
| MCRI Monarch Casino & Resort Inc. | Reduce -31.2% | 3.75% | −0.88 |
| GBTG Global Business Travel Group | Reduce -47.6% | 1.43% | −0.77 |
| CEPO Cantor Equity Partners I-A | Sold out | 0.00% | −0.75 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -14.2% | 2.23% | −0.52 |
| BOX Box Inc. Class A | Reduce -3.4% | 4.71% | −0.46 |
| CEPT Cantor Equity Partners Class A | Sold out | 0.00% | −0.23 |
| SGI Somnigroup International Inc. | Reduce -10.0% | 4.81% | +0.29 |
Portfolio Buys Q2 2025 → Q3 2025
| L Loews Corp. | New | 6.44% | +6.44 |
| AN Autonation Inc. | New | 2.75% | +2.75 |
| ZG Zillow Group Inc. Class A | New | 2.25% | +2.25 |
| YEXT Yext Inc. | Add +70.0% | 2.47% | +1.01 |
| WSR Whitestone REIT | Add +10.3% | 12.09% | +0.71 |
| CME Cme Group Inc. | Add +12.9% | 8.23% | +0.60 |
| CBL CBL & Associates Properties | Add +6.0% | 3.03% | +0.60 |
| SNDA Sonida Senior Living Inc. | Add +1.5% | 4.36% | +0.57 |
| GLD SPDR Gold Shares | Add +2.7% | 3.37% | +0.51 |
| NYT New York Times Co. Class A | Add +9.2% | 5.28% | +0.34 |
| CASS Cass Information Systems Inc. | Add +14.9% | 4.15% | −0.07 |
| SPOT Spotify Technology SA | Add +1.1% | 7.85% | −0.23 |
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 |