Emmett Investment Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Emmett Investment Management, LP reported 22 stock positions worth $129.8 million. Its top holding was Whitestone REIT (WSR) at 13.5% of the portfolio, followed by Loews (L, 9.2%) and New York Times Class A (NYT, 7.1%). Compared with Q3 2025, it opened 3 new positions, sold out of 4, added to 9 and reduced 7. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale an exit from Yext (YEXT).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002042845
- Portfolio Value
- $129.8M (Q4 2025)
- SEC Filing
- 0001420506-26-000480 ↗ filed Feb 17, 2026
Holdings Value
Holdings 22 stocks · $129.8M
| WSR Whitestone REIT | 13.46% | 1,266,543 | $17.5M | Add +0.3% |
| L Loews Corp. | 9.21% | 114,174 | $11.9M | Add +39.5% |
| NYT New York Times Co. Class A | 7.08% | 131,550 | $9.2M | Add +8.8% |
| CME Cme Group Inc. | 6.89% | 33,175 | $8.9M | Reduce -15.8% |
| SPOT Spotify Technology SA | 6.47% | 14,613 | $8.4M | Add +2.5% |
| IBKR Interactive Brokers Gro Class A | 5.81% | 112,140 | $7.5M | Reduce -12.0% |
| CASS Cass Information Systems Inc. | 5.22% | 166,875 | $6.8M | Add +23.6% |
| SNDA Sonida Senior Living Inc. | 5.19% | 210,834 | $6.7M | Add +4.9% |
| SGI Somnigroup International Inc. | 5.18% | 75,750 | $6.7M | Add +3.0% |
| LLYVK Liberty Live Holdings Class C | 4.64% | 71,627 | $6.0M | Reduce -0.3% |
| HLT Hilton Worldwide Holdings Inc. | 3.95% | 17,519 | $5.1M | Add +58.5% |
| BOX Box Inc. Class A | 3.77% | 169,950 | $4.9M | Reduce -9.1% |
| GLD SPDR Gold Shares | 3.70% | 12,055 | $4.8M | No change |
| CBL CBL & Associates Properties | 3.58% | 125,840 | $4.6M | No change |
| MCRI Monarch Casino & Resort Inc. | 3.56% | 48,172 | $4.6M | Add +6.7% |
| LRCX Lam Research Corp. | 3.36% | 23,550 | $4.4M | New |
| ARMK Aramark | 3.00% | 106,332 | $3.9M | New |
| ZG Zillow Group Inc. Class A | 2.03% | 40,179 | $2.6M | No change |
| Z Zillow Group Inc. Class C | 1.08% | 21,200 | $1.4M | Reduce -61.4% |
| BKD Brookdale Senior Living Inc. | 1.07% | 128,000 | $1.4M | New |
| IDT Idt Corp. Class B | 0.99% | 25,529 | $1.3M | Reduce -45.0% |
| AN Autonation Inc. | 0.77% | 4,820 | $995K | Reduce -69.2% |
Portfolio Sells Q3 2025 → Q4 2025
| YEXT Yext Inc. | Sold out | 0.00% | −2.47 |
| Z Zillow Group Inc. Class C | Reduce -61.4% | 1.08% | −2.09 |
| PM Philip Morris International | Sold out | 0.00% | −2.03 |
| AN Autonation Inc. | Reduce -69.2% | 0.77% | −1.98 |
| GRND Grindr Inc. | Sold out | 0.00% | −1.55 |
| GBTG Global Business Travel Group | Sold out | 0.00% | −1.43 |
| CME Cme Group Inc. | Reduce -15.8% | 6.89% | −1.33 |
| IBKR Interactive Brokers Gro Class A | Reduce -12.0% | 5.81% | −1.08 |
| BOX Box Inc. Class A | Reduce -9.1% | 3.77% | −0.94 |
| IDT Idt Corp. Class B | Reduce -45.0% | 0.99% | −0.85 |
| LLYVK Liberty Live Holdings Class C | Reduce -0.3% | 4.64% | −0.69 |
Portfolio Buys Q3 2025 → Q4 2025
| LRCX Lam Research Corp. | New | 3.36% | +3.36 |
| ARMK Aramark | New | 3.00% | +3.00 |
| L Loews Corp. | Add +39.5% | 9.21% | +2.77 |
| NYT New York Times Co. Class A | Add +8.8% | 7.08% | +1.79 |
| HLT Hilton Worldwide Holdings Inc. | Add +58.5% | 3.95% | +1.73 |
| WSR Whitestone REIT | Add +0.3% | 13.46% | +1.38 |
| BKD Brookdale Senior Living Inc. | New | 1.07% | +1.07 |
| CASS Cass Information Systems Inc. | Add +23.6% | 5.22% | +1.06 |
| SNDA Sonida Senior Living Inc. | Add +4.9% | 5.19% | +0.82 |
| SGI Somnigroup International Inc. | Add +3.0% | 5.18% | +0.37 |
| MCRI Monarch Casino & Resort Inc. | Add +6.7% | 3.56% | −0.18 |
| SPOT Spotify Technology SA | Add +2.5% | 6.47% | −1.38 |
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 |