Flat Footed
WILSON, WYfiles as Flat Footed LLC
$577m in 20 US stocks at the end of 30 June 2026. The top 10 are 93.9% of the money. It changed about 41.6% of the portfolio this quarter.
Value
$577m
Stocks
20
Top 10 share
93.9%
Turnover
41.6%
What changed this quarter
New
Bought for the first time this quarter.
- FiservFISV2.0% of the fund
- TransoceanRIG1.4% of the fund
- EQTEQT1.3% of the fund
- FMCFMC1.3% of the fund
- SEACOR Marine HoldingsSMHI0.9% of the fund
- Peabody EnergyBTU0.3% of the fund
- Orchestra BioMed HoldingsOBIO0.2% of the fund
- Pangaea Logistics SolutionsPANL0.2% of the fund
Added
Bought more of a stock they already held.
- Core Natural ResourcesCNR16.2% of the fund+2493%
- Service Properties TrustSVC15.0% of the fund+5884%
- Howard Hughes HoldingsHHH7.7% of the fund+188%
- Grifols S AGRFS5.3% of the fund+217%
- TeekayTK3.1% of the fund+9%
- RMR GroupRMR3.1% of the fund+7%
- Summit MidstreamSMC0.8% of the fund+28%
Cut
Sold some of their stake.
- Ardmore ShippingASC2.3% of the fund-6%
- Industrial Logistics Properties TrustILPT0.6% of the fund-74%
- i-80 GoldIAUX0.5% of the fund-67%
- Seven Hills Realty TrustSEVN0.1% of the fund-81%
Sold out
Sold their entire stake.
- Brookdale Senior LivingBKD-100%
- CiveoCVEO-100%
Holdings
- Grifols S AGRFS
- Share
- 5.3%
- Value
- $31m
- Shares
- 4,349,708
+217%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Diversified Healthcare TrustDHC | 37.9% | $218m | 23,487,002 | Held |
| Core Natural ResourcesCNR | 16.2% | $93m | 1,165,762 | +2493% |
| Service Properties TrustSVC | 15.0% | $86m | 51,012,447 | +5884% |
| Howard Hughes HoldingsHHH | 7.7% | $44m | 620,418 | +188% |
| Grifols S AGRFS | 5.3% | $31m | 4,349,708 | +217% |
| TeekayTK | 3.1% | $18m | 1,768,915 | +9% |
| RMR GroupRMR | 3.1% | $18m | 861,507 | +7% |
| Ardmore ShippingASC | 2.3% | $13m | 948,865 | -6% |
| FiservFISV | 2.0% | $12m | 240,000 | New |
| TransoceanRIG | 1.4% | $8m | 1,603,778 | New |
| EQTEQT | 1.3% | $8m | 145,000 | New |
| FMCFMC | 1.3% | $7m | 647,672 | New |
| SEACOR Marine HoldingsSMHI | 0.9% | $5m | 683,777 | New |
| Summit MidstreamSMC | 0.8% | $5m | 158,517 | +28% |
| Industrial Logistics Properties TrustILPT | 0.6% | $3m | 371,191 | -74% |
| i-80 GoldIAUX | 0.5% | $3m | 1,807,864 | -67% |
| Peabody EnergyBTU | 0.3% | $2m | 74,502 | New |
| Orchestra BioMed HoldingsOBIO | 0.2% | $1m | 251,372 | New |
| Pangaea Logistics SolutionsPANL | 0.2% | $973,739 | 149,806 | New |
| Seven Hills Realty TrustSEVN | 0.1% | $700,052 | 83,043 | -81% |
Options (22)
- Ishares TRHYG
- Type
- Put
- Value
- $177m
- Contracts
- 2,210,000
- Royal Bank of CanadaRY
- Type
- Put
- Value
- $80m
- Contracts
- 385,000
- Canadian Imperial Bank of Commerce /canCM
- Type
- Put
- Value
- $67m
- Contracts
- 582,500
- Toronto Dominion BankTD
- Type
- Put
- Value
- $56m
- Contracts
- 462,500
- Marriott InternationalMAR
- Type
- Put
- Value
- $45m
- Contracts
- 121,900
- Bank of Montreal /canBMO
- Type
- Put
- Value
- $45m
- Contracts
- 252,000
- CarvanaCVNA
- Type
- Put
- Value
- $41m
- Contracts
- 618,000
- Hilton Worldwide HoldingsHLT
- Type
- Put
- Value
- $38m
- Contracts
- 115,500
- Affirm HoldingsAFRM
- Type
- Put
- Value
- $32m
- Contracts
- 390,000
- Spdr Series TrustKIE
- Type
- Put
- Value
- $25m
- Contracts
- 403,300
- Ishares TRIYR
- Type
- Put
- Value
- $24m
- Contracts
- 230,000
- Royal Caribbean CruisesRCL
- Type
- Put
- Value
- $23m
- Contracts
- 72,000
- Bank of Nova ScotiaBNS
- Type
- Put
- Value
- $20m
- Contracts
- 232,500
- MGM Resorts InternationalMGM
- Type
- Put
- Value
- $17m
- Contracts
- 360,000
- WelltowerWELL
- Type
- Put
- Value
- $9m
- Contracts
- 41,300
- Core Natural ResourcesCNR
- Type
- Call
- Value
- $8m
- Contracts
- 95,000
- Marriott Vacations WorldwideVAC
- Type
- Put
- Value
- $7m
- Contracts
- 70,000
- Performance Food GroupPFGC
- Type
- Put
- Value
- $6m
- Contracts
- 55,000
- VentasVTR
- Type
- Put
- Value
- $6m
- Contracts
- 66,500
- Ryman Hospitality PropertiesRHP
- Type
- Put
- Value
- $4m
- Contracts
- 32,500
- Perdoceo EducationPRDO
- Type
- Put
- Value
- $953,600
- Contracts
- 29,800
- Strategic EducationSTRA
- Type
- Put
- Value
- $421,410
- Contracts
- 5,500
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TRHYG | Put | $177m | 2,210,000 |
| Royal Bank of CanadaRY | Put | $80m | 385,000 |
| Canadian Imperial Bank of Commerce /canCM | Put | $67m | 582,500 |
| Toronto Dominion BankTD | Put | $56m | 462,500 |
| Marriott InternationalMAR | Put | $45m | 121,900 |
| Bank of Montreal /canBMO | Put | $45m | 252,000 |
| CarvanaCVNA | Put | $41m | 618,000 |
| Hilton Worldwide HoldingsHLT | Put | $38m | 115,500 |
| Affirm HoldingsAFRM | Put | $32m | 390,000 |
| Spdr Series TrustKIE | Put | $25m | 403,300 |
| Ishares TRIYR | Put | $24m | 230,000 |
| Royal Caribbean CruisesRCL | Put | $23m | 72,000 |
| Bank of Nova ScotiaBNS | Put | $20m | 232,500 |
| MGM Resorts InternationalMGM | Put | $17m | 360,000 |
| WelltowerWELL | Put | $9m | 41,300 |
| Core Natural ResourcesCNR | Call | $8m | 95,000 |
| Marriott Vacations WorldwideVAC | Put | $7m | 70,000 |
| Performance Food GroupPFGC | Put | $6m | 55,000 |
| VentasVTR | Put | $6m | 66,500 |
| Ryman Hospitality PropertiesRHP | Put | $4m | 32,500 |
| Perdoceo EducationPRDO | Put | $953,600 | 29,800 |
| Strategic EducationSTRA | Put | $421,410 | 5,500 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 70.8% since 30 June 2025.
Where the money is
Real estate61.2%
Energy19.2%
Industrials9.5%
Financial services2.0%
Materials1.7%
Utilities0.8%
Health care0.2%
Other5.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.