Masterton Capital Management, LP
NEW YORK, NY
$118m in 24 US stocks at the end of 30 June 2026. The top 10 are 67.6% of the money. It changed about 48.7% of the portfolio this quarter.
Value
$118m
Stocks
24
Top 10 share
67.6%
Turnover
48.7%
What changed this quarter
New
Bought for the first time this quarter.
- SyscoSYY5.7% of the fund
- Hilton Worldwide HoldingsHLT5.2% of the fund
- Sun CommunitiesSUI3.9% of the fund
- Lowe's CompaniesLOW3.6% of the fund
- James Hardie IndustriesJHX3.5% of the fund
- American Homes 4 RentAMH3.3% of the fund
- Essex Property TrustESS3.2% of the fund
- Home DepotHD2.2% of the fund
- McDonald'sMCD1.6% of the fund
- Burlington StoresBURL1.5% of the fund
- Century CommunitiesCCS0.7% of the fund
Added
Bought more of a stock they already held.
- PrologisPLD14.0% of the fund+112%
- Cbre GroupCBRE9.1% of the fund+94%
- Agree RealtyADC6.6% of the fund+56%
- Louisiana-PacificLPX4.0% of the fund+25%
Cut
Sold some of their stake.
- Federal Realty Investment TrustFRT7.9% of the fund-57%
- Kimco RealtyKIM5.2% of the fund-33%
- Public StoragePSA3.4% of the fund-36%
- Dominos PizzaDPZ2.0% of the fund-55%
- Ross StoresROST1.2% of the fund-26%
- Performance Food GroupPFGC1.2% of the fund-88%
- TJX CompaniesTJX1.1% of the fund-68%
Sold out
Sold their entire stake.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| PrologisPLD | 14.0% | $17m | 121,800 | +112% |
| Cbre GroupCBRE | 9.1% | $11m | 79,700 | +94% |
| Federal Realty Investment TrustFRT | 7.9% | $9m | 75,246 | -57% |
| Agree RealtyADC | 6.6% | $8m | 103,300 | +56% |
| SyscoSYY | 5.7% | $7m | 80,900 | New |
| Hilton Worldwide HoldingsHLT | 5.2% | $6m | 18,720 | New |
| Kimco RealtyKIM | 5.2% | $6m | 242,913 | -33% |
| Terreno RealtyTRNO | 4.9% | $6m | 89,980 | Held |
| Vivmark ResidentialVMRK | 4.9% | $6m | 85,246 | Held |
| Louisiana-PacificLPX | 4.0% | $5m | 60,700 | +25% |
| Sun CommunitiesSUI | 3.9% | $5m | 38,700 | New |
| Lowe's CompaniesLOW | 3.6% | $4m | 19,200 | New |
| James Hardie IndustriesJHX | 3.5% | $4m | 157,380 | New |
| Public StoragePSA | 3.4% | $4m | 12,714 | -36% |
| American Homes 4 RentAMH | 3.3% | $4m | 115,500 | New |
| Essex Property TrustESS | 3.2% | $4m | 12,900 | New |
| Home DepotHD | 2.2% | $3m | 7,280 | New |
| Dominos PizzaDPZ | 2.0% | $2m | 7,820 | -55% |
| McDonald'sMCD | 1.6% | $2m | 7,120 | New |
| Burlington StoresBURL | 1.5% | $2m | 5,680 | New |
| Ross StoresROST | 1.2% | $1m | 6,800 | -26% |
| Performance Food GroupPFGC | 1.2% | $1m | 12,738 | -88% |
| TJX CompaniesTJX | 1.1% | $1m | 8,400 | -68% |
| Century CommunitiesCCS | 0.7% | $816,852 | 11,399 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 28.6% since 30 June 2025.
Where the money is
Real estate66.4%
Retail & consumer19.1%
Everyday goods6.9%
Industrials4.0%
Materials3.5%
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.