Gillson Capital LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Gillson Capital LP reported 64 stock positions worth $1.2 billion. Its top holding was Invitation Homes (INVH) at 4.6% of the portfolio, followed by Mastercard Class A (MA, 4.2%) and Assurant (AIZ, 3.6%). Compared with Q4 2024, it opened 27 new positions, sold out of 26, added to 21 and reduced 16. The biggest buy was a new position in Invitation Homes (INVH) and the biggest sale Arthur J Gallagher (AJG, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001698055
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001698055-25-000004 ↗ filed May 15, 2025
Holdings Value
Holdings 64 stocks · $1.2B
| INVH Invitation Homes Inc. | 4.63% | 1,558,139 | $54.3M | New |
| MA Mastercard Inc. Class A | 4.23% | 90,451 | $49.6M | Reduce -8.9% |
| AIZ Assurant Inc. | 3.56% | 198,858 | $41.7M | Reduce -23.4% |
| ICE Intercontinental Exchange Inc. | 3.43% | 233,275 | $40.2M | New |
| AMT American Tower Corp. | 3.39% | 182,814 | $39.8M | Add +821.0% |
| TRI Thomson Reuters Corp. | 3.20% | 216,953 | $37.5M | Reduce -19.0% |
| BR Broadridge Financial Solutio | 3.03% | 146,381 | $35.5M | Add +99.5% |
| FICO Fair Isaac Corp. | 2.79% | 17,753 | $32.7M | New |
| IRT Independence Realty Trust Inc. | 2.70% | 1,492,450 | $31.7M | Add +320.6% |
| APO Apollo Global Management Inc. | 2.65% | 227,167 | $31.1M | Add +340.9% |
| SBRA Sabra Health Care REIT Inc. | 2.49% | 1,668,066 | $29.1M | Add +7.7% |
| BRX Brixmor Property Group Inc. | 2.36% | 1,043,537 | $27.7M | New |
| GL Globe Life Inc. | 2.35% | 209,272 | $27.6M | Add +50.3% |
| TRV The Travelers Cos Inc. | 2.34% | 103,589 | $27.4M | New |
| EXR Extra Space Storage Inc. | 2.20% | 173,674 | $25.8M | Reduce -39.0% |
| KMPR Kemper Corp. | 2.15% | 377,220 | $25.2M | Add +52.9% |
| TRNO Terreno Realty Corp. | 2.05% | 379,414 | $24.0M | New |
| WELL Welltower Inc. | 2.04% | 156,301 | $23.9M | Add +232.4% |
| ESS Essex Property Trust Inc. | 2.03% | 77,695 | $23.8M | Add +18.7% |
| PCTY Paylocity Holding Corp. | 2.00% | 125,025 | $23.4M | Reduce -15.6% |
| VNQ Vanguard Real Estate ETF | 1.94% | 251,553 | $22.8M | New |
| MCO Moody's Corp. | 1.92% | 48,224 | $22.5M | Reduce -45.5% |
| CSGP Costar Group Inc. | 1.82% | 269,170 | $21.3M | Add +22.6% |
| UNM Unum Group | 1.75% | 252,561 | $20.6M | New |
| AON Aon PLC Class A | 1.75% | 51,357 | $20.5M | New |
| VOYA Voya Financial Inc. | 1.73% | 299,932 | $20.3M | New |
| ADC Agree Realty Corp. | 1.67% | 254,350 | $19.6M | Add +250.3% |
| EGP Eastgroup Properties Inc. | 1.66% | 110,700 | $19.5M | Add +102.8% |
| ADP Automatic Data Processing | 1.62% | 62,139 | $19.0M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.53% | 32,046 | $17.9M | New |
| APLE Apple Hospitality REIT Inc. | 1.42% | 1,288,984 | $16.6M | New |
| EQIX Equinix Inc. | 1.40% | 20,100 | $16.4M | Reduce -44.4% |
| GDDY GoDaddy Inc. Class A | 1.38% | 90,100 | $16.2M | Add +14.1% |
| NSA National Storage Affiliates | 1.37% | 406,445 | $16.0M | New |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 1.35% | 214,200 | $15.8M | New |
| ENSG The Ensign Group Inc. | 1.33% | 120,686 | $15.6M | Add +38.2% |
| TPG TPG Inc. | 1.12% | 275,918 | $13.1M | Add +97.7% |
| CBOE Cboe Global Markets Inc. | 1.08% | 56,000 | $12.7M | Add +12.2% |
| ARE Alexandria Real Estate Equit | 1.08% | 136,600 | $12.6M | New |
| HIG Hartford Insurance Group Inc. | 1.04% | 98,400 | $12.2M | New |
| CINF Cincinnati Financial Corp. | 1.03% | 82,115 | $12.1M | New |
| KKR KKR & Co. Inc. | 0.98% | 99,704 | $11.5M | Add +99.8% |
| VTR Ventas Inc. | 0.97% | 165,871 | $11.4M | Reduce -59.3% |
| ACGL Arch Capital Group Ltd. | 0.90% | 110,000 | $10.6M | Add +177.1% |
| MKTX Marketaxess Holdings Inc. | 0.87% | 46,999 | $10.2M | New |
| REXR Rexford Industrial Realty Inc. | 0.83% | 250,000 | $9.8M | Reduce -41.9% |
| AXS Axis Capital Holdings Ltd. | 0.78% | 91,566 | $9.2M | Reduce -10.4% |
| ELS Equity Lifestyle Properties | 0.78% | 137,200 | $9.2M | New |
| EQH Equitable Holdings Inc. | 0.77% | 172,237 | $9.0M | Reduce -44.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.76% | 25,900 | $8.9M | Reduce -89.8% |
| ACN Accenture PLC Class A | 0.73% | 27,500 | $8.6M | Reduce -66.8% |
| EG Everest Group Ltd. | 0.71% | 23,021 | $8.4M | Reduce -61.0% |
| LOW Lowe's Cos Inc. | 0.60% | 30,252 | $7.1M | Add +16.8% |
| BGC BGC Group Inc. Class A | 0.56% | 720,000 | $6.6M | New |
| AFL Aflac Inc. | 0.53% | 55,600 | $6.2M | New |
| TOST Toast Inc. Class A | 0.39% | 139,051 | $4.6M | New |
| TWFG TWFG Inc. | 0.39% | 147,499 | $4.6M | Add +6.1% |
| LPLA LPL Financial Holdings Inc. | 0.35% | 12,500 | $4.1M | New |
| SPG Simon Property Group Inc. | 0.34% | 23,800 | $4.0M | New |
| BHF Brighthouse Financial Inc. | 0.33% | 67,247 | $3.9M | Add +128.5% |
| HST Host Hotels & Resorts Inc. | 0.32% | 263,600 | $3.7M | Reduce -72.3% |
| LNC Lincoln National Corp. | 0.26% | 85,000 | $3.1M | New |
| DRH Diamondrock Hospitality Co. | 0.14% | 217,361 | $1.7M | New |
| HR Healthcare Realty Trust Inc. | 0.07% | 49,130 | $830K | Reduce -36.7% |
Portfolio Sells Q4 2024 → Q1 2025
| AJG Arthur J Gallagher & Co. | Reduce -89.8% | 0.76% | −5.74 |
| MAA Mid-America Apartment Comm | Sold out | 0.00% | −3.22 |
| FRT Federal Realty Invs Trust | Sold out | 0.00% | −2.79 |
| FR First Industrial Realty TR | Sold out | 0.00% | −2.67 |
| GLOB Globant SA | Sold out | 0.00% | −2.12 |
| MET Metlife Inc. | Sold out | 0.00% | −2.09 |
| RGA Reinsurance Group of America | Sold out | 0.00% | −1.99 |
| MSCI MSCI Inc. | Sold out | 0.00% | −1.92 |
| ACN Accenture PLC Class A | Reduce -66.8% | 0.73% | −1.89 |
| MCO Moody's Corp. | Reduce -45.5% | 1.92% | −1.86 |
| EQIX Equinix Inc. | Reduce -44.4% | 1.40% | −1.68 |
| EXR Extra Space Storage Inc. | Reduce -39.0% | 2.20% | −1.64 |
| KRC Kilroy Realty Corp. | Sold out | 0.00% | −1.54 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −1.44 |
| AIZ Assurant Inc. | Reduce -23.4% | 3.56% | −1.43 |
| CME Cme Group Inc. | Sold out | 0.00% | −1.39 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −1.38 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −1.24 |
| GPN Global Payments Inc. | Sold out | 0.00% | −1.21 |
| EG Everest Group Ltd. | Reduce -61.0% | 0.71% | −1.21 |
| XYZ Block Inc. | Sold out | 0.00% | −1.20 |
| VTR Ventas Inc. | Reduce -59.3% | 0.97% | −1.19 |
| HST Host Hotels & Resorts Inc. | Reduce -72.3% | 0.32% | −1.18 |
| RHP Ryman Hospitality Properties | Sold out | 0.00% | −1.11 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −1.02 |
| TRU Transunion | Sold out | 0.00% | −0.92 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.82 |
| FLYW Flywire Corp.-Voting | Sold out | 0.00% | −0.78 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.76 |
| O Realty Income Corp. | Sold out | 0.00% | −0.73 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.71 |
| TRI Thomson Reuters Corp. | Reduce -19.0% | 3.20% | −0.67 |
| PCTY Paylocity Holding Corp. | Reduce -15.6% | 2.00% | −0.66 |
| REXR Rexford Industrial Realty Inc. | Reduce -41.9% | 0.83% | −0.66 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.60 |
| EQH Equitable Holdings Inc. | Reduce -44.4% | 0.77% | −0.55 |
| BOW Bowhead Specialty Holdings I | Sold out | 0.00% | −0.48 |
| MA Mastercard Inc. Class A | Reduce -8.9% | 4.23% | −0.48 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.45 |
| FVR Frontview REIT Inc. | Sold out | 0.00% | −0.40 |
| HR Healthcare Realty Trust Inc. | Reduce -36.7% | 0.07% | −0.05 |
| AXS Axis Capital Holdings Ltd. | Reduce -10.4% | 0.78% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| INVH Invitation Homes Inc. | New | 4.63% | +4.63 |
| ICE Intercontinental Exchange Inc. | New | 3.43% | +3.43 |
| AMT American Tower Corp. | Add +821.0% | 3.39% | +3.06 |
| FICO Fair Isaac Corp. | New | 2.79% | +2.79 |
| BRX Brixmor Property Group Inc. | New | 2.36% | +2.36 |
| TRV The Travelers Cos Inc. | New | 2.34% | +2.34 |
| IRT Independence Realty Trust Inc. | Add +320.6% | 2.70% | +2.07 |
| TRNO Terreno Realty Corp. | New | 2.05% | +2.05 |
| VNQ Vanguard Real Estate ETF | New | 1.94% | +1.94 |
| APO Apollo Global Management Inc. | Add +340.9% | 2.65% | +1.89 |
| UNM Unum Group | New | 1.75% | +1.75 |
| AON Aon PLC Class A | New | 1.75% | +1.75 |
| VOYA Voya Financial Inc. | New | 1.73% | +1.73 |
| ADP Automatic Data Processing | New | 1.62% | +1.62 |
| BR Broadridge Financial Solutio | Add +99.5% | 3.03% | +1.53 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.53% | +1.53 |
| WELL Welltower Inc. | Add +232.4% | 2.04% | +1.51 |
| APLE Apple Hospitality REIT Inc. | New | 1.42% | +1.42 |
| NSA National Storage Affiliates | New | 1.37% | +1.37 |
| NHI Natl Health Investors Inc. | New | 1.35% | +1.35 |
| ADC Agree Realty Corp. | Add +250.3% | 1.67% | +1.21 |
| ARE Alexandria Real Estate Equit | New | 1.08% | +1.08 |
| HIG Hartford Insurance Group Inc. | New | 1.04% | +1.04 |
| CINF Cincinnati Financial Corp. | New | 1.03% | +1.03 |
| GL Globe Life Inc. | Add +50.3% | 2.35% | +0.95 |
| EGP Eastgroup Properties Inc. | Add +102.8% | 1.66% | +0.87 |
| MKTX Marketaxess Holdings Inc. | New | 0.87% | +0.87 |
| ELS Equity Lifestyle Properties | New | 0.78% | +0.78 |
| KMPR Kemper Corp. | Add +52.9% | 2.15% | +0.67 |
| ACGL Arch Capital Group Ltd. | Add +177.1% | 0.90% | +0.57 |
| BGC BGC Group Inc. Class A | New | 0.56% | +0.56 |
| AFL Aflac Inc. | New | 0.53% | +0.53 |
| CSGP Costar Group Inc. | Add +22.6% | 1.82% | +0.40 |
| TOST Toast Inc. Class A | New | 0.39% | +0.39 |
| LPLA LPL Financial Holdings Inc. | New | 0.35% | +0.35 |
| ESS Essex Property Trust Inc. | Add +18.7% | 2.03% | +0.35 |
| SPG Simon Property Group Inc. | New | 0.34% | +0.34 |
| TPG TPG Inc. | Add +97.7% | 1.12% | +0.33 |
| KKR KKR & Co. Inc. | Add +99.8% | 0.98% | +0.32 |
| ENSG The Ensign Group Inc. | Add +38.2% | 1.33% | +0.29 |
| LNC Lincoln National Corp. | New | 0.26% | +0.26 |
| BHF Brighthouse Financial Inc. | Add +128.5% | 0.33% | +0.21 |
| CBOE Cboe Global Markets Inc. | Add +12.2% | 1.08% | +0.20 |
| DRH Diamondrock Hospitality Co. | New | 0.14% | +0.14 |
| SBRA Sabra Health Care REIT Inc. | Add +7.7% | 2.49% | +0.07 |
| LOW Lowe's Cos Inc. | Add +16.8% | 0.60% | +0.03 |
| TWFG TWFG Inc. | Add +6.1% | 0.39% | +0.00 |
| GDDY GoDaddy Inc. Class A | Add +14.1% | 1.38% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $1.7B | AIZ, AJG, AON, PGR, COF |
| Q1 2026 | 69 | $1.2B | AIZ, MA, NDAQ, AIG, PSA |
| Q4 2025 | 76 | $1.5B | V, AIZ, AON, MCO, CB |
| Q3 2025 | 65 | $1.2B | MCO, AIZ, CBOE, AON, V |
| Q2 2025 | 71 | $1.3B | MA, BRO, AIZ, INVH, AMT |
| Q1 2025 | 64 | $1.2B | INVH, MA, AIZ, ICE, AMT |
| Q4 2024 | 63 | $1.1B | AJG, AIZ, MA, TRI, EXR |
| Q3 2024 | 63 | $1.1B | AIZ, AON, VTR, MA, EXR |
| Q2 2024 | 57 | $1.0B | INVH, IT, VTR, PRU, EGP |
| Q1 2024 | 50 | $1.1B | PGR, RSP, SPGI, MA, PRU |