Rush Island Management, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Rush Island Management, LP reported 22 stock positions worth $1.5 billion. Its top holding was Invitation Homes (INVH) at 9.1% of the portfolio, followed by Essex Property Trust (ESS, 8.5%) and NNN REIT (NNN, 7.6%). Compared with Q1 2026, it opened 8 new positions, sold out of 8, added to 5 and reduced 9. The biggest buy was a new position in Blackstone Digital Infrastru (BXDC) and the biggest sale SBA Communications (SBAC, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001736465
- Portfolio Value
- $1.5B (Q2 2026)
- SEC Filing
- 0001214659-26-010384 ↗ filed Aug 14, 2026
Holdings Value
Holdings 22 stocks · $1.5B
| INVH Invitation Homes Inc. | 9.10% | 4,545,176 | $137.3M | Add +7.3% |
| ESS Essex Property Trust Inc. | 8.47% | 438,518 | $127.9M | Reduce -45.7% |
| NNN NNN REIT Inc. | 7.63% | 2,474,091 | $115.1M | Reduce -20.2% |
| KRC Kilroy Realty Corp. | 7.31% | 2,945,755 | $110.4M | Reduce -39.4% |
| HR Healthcare Realty Trust Inc. | 6.97% | 5,213,764 | $105.2M | Reduce -27.8% |
| VTR Ventas Inc. | 6.55% | 1,113,660 | $98.9M | Reduce -20.6% |
| SBRA Sabra Health Care REIT Inc. | 5.44% | 4,210,530 | $82.1M | Add +163.4% |
| SBAC SBA Communications Corp. | 5.34% | 456,290 | $80.5M | Reduce -53.4% |
| FR First Industrial Realty TR | 5.21% | 1,282,572 | $78.6M | Reduce -26.9% |
| BXDC Blackstone Digital Infrastru | 5.14% | 3,587,500 | $77.6M | New |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 4.40% | 976,765 | $66.4M | New |
| AMT American Tower Corp. | 4.39% | 405,390 | $66.3M | New |
| ADC Agree Realty Corp. | 4.39% | 873,829 | $66.2M | Add +29.0% |
| DOC Healthpeak Properties Inc. | 4.18% | 2,944,629 | $63.0M | New |
| MAC The Macerich Co. | 3.45% | 2,068,800 | $52.1M | New |
| EPRT Essential Properties Realty | 3.22% | 1,630,002 | $48.7M | Add +30.5% |
| IRT Independence Realty Trust Inc. | 2.56% | 2,316,753 | $38.7M | Reduce -33.0% |
| NHP National Healthcare Properti | 2.50% | 2,578,241 | $37.8M | New |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.29% | 734,400 | $19.5M | New |
| SITC Site Centers Corp. filed as SITE CTRS CORP | 1.18% | 4,499,853 | $17.9M | Add +1.2% |
| POOL Pool Corp. | 0.66% | 46,600 | $10.0M | New |
| FUN Six Flags Entertainment Corp. | 0.59% | 418,946 | $8.9M | Reduce -54.9% |
Portfolio Sells Q1 2026 → Q2 2026
| SBAC SBA Communications Corp. | Reduce -53.4% | 5.34% | −5.96 |
| ESS Essex Property Trust Inc. | Reduce -45.7% | 8.47% | −4.64 |
| FRT Federal Realty Invs Trust | Sold out | 0.00% | −4.55 |
| COLD Americold Realty Trust Inc. | Sold out | 0.00% | −2.38 |
| AKR Acadia Realty Trust | Sold out | 0.00% | −2.17 |
| KRC Kilroy Realty Corp. | Reduce -39.4% | 7.31% | −1.88 |
| FR First Industrial Realty TR | Reduce -26.9% | 5.21% | −1.60 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −1.31 |
| HR Healthcare Realty Trust Inc. | Reduce -27.8% | 6.97% | −1.27 |
| APLE Apple Hospitality REIT Inc. | Sold out | 0.00% | −1.15 |
| CURB Curbline Properties Corp. | Sold out | 0.00% | −1.15 |
| VTR Ventas Inc. | Reduce -20.6% | 6.55% | −1.14 |
| NNN NNN REIT Inc. | Reduce -20.2% | 7.63% | −1.11 |
| IRT Independence Realty Trust Inc. | Reduce -33.0% | 2.56% | −0.89 |
| FUN Six Flags Entertainment Corp. | Reduce -54.9% | 0.59% | −0.51 |
| JAN Janus Living Inc. Class-A-1 | Sold out | 0.00% | −0.47 |
| SNDA Sonida Senior Living Inc. | Sold out | 0.00% | −0.47 |
Portfolio Buys Q1 2026 → Q2 2026
| BXDC Blackstone Digital Infrastru | New | 5.14% | +5.14 |
| VMRK Vivmark Residential | New | 4.40% | +4.40 |
| AMT American Tower Corp. | New | 4.39% | +4.39 |
| DOC Healthpeak Properties Inc. | New | 4.18% | +4.18 |
| MAC The Macerich Co. | New | 3.45% | +3.45 |
| SBRA Sabra Health Care REIT Inc. | Add +163.4% | 5.44% | +3.38 |
| NHP National Healthcare Properti | New | 2.50% | +2.50 |
| INVH Invitation Homes Inc. | Add +7.3% | 9.10% | +2.04 |
| VICI Vici Properties Inc. | New | 1.29% | +1.29 |
| ADC Agree Realty Corp. | Add +29.0% | 4.39% | +0.96 |
| EPRT Essential Properties Realty | Add +30.5% | 3.22% | +0.68 |
| POOL Pool Corp. | New | 0.66% | +0.66 |
| SITC Site Centers Corp. | Add +1.2% | 1.18% | −0.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 22 | $1.5B | INVH, ESS, NNN, KRC, HR |
| Q1 2026 | 22 | $1.5B | ESS, SBAC, KRC, NNN, HR |
| Q4 2025 | 17 | $1.6B | SBAC, ESS, HR, NNN, UDR |
| Q3 2025 | 17 | $1.5B | SBAC, ESS, HR, FRT, NNN |
| Q2 2025 | 17 | $1.5B | HR, VTR, FRT, NNN, KRC |
| Q1 2025 | 14 | $1.6B | HR, VTR, O, KRC, NNN |
| Q4 2024 | 14 | $1.5B | HR, VTR, O, FRT, REXR |
| Q3 2024 | 18 | $1.3B | HR, O, NNN, FRT, SHO |
| Q2 2024 | 13 | $1.2B | HR, O, FRT, NNN, SHO |
| Q1 2024 | 15 | $1.1B | HR, O, FRT, NNN, SHO |