Rush Island Management, LP
NEW YORK, NY
$1.5bn in 22 US stocks at the end of 30 June 2026. The top 10 are 67.2% of the money. It changed about 33.1% of the portfolio this quarter.
Value
$1.5bn
Stocks
22
Top 10 share
67.2%
Turnover
33.1%
What changed this quarter
New
Bought for the first time this quarter.
- Blackstone Digital Infrastructure TrustBXDC5.1% of the fund
- Vivmark ResidentialVMRK4.4% of the fund
- American TowerAMT4.4% of the fund
- Healthpeak PropertiesDOC4.2% of the fund
- MacerichMAC3.5% of the fund
- National Healthcare PropertiesNHP2.5% of the fund
- Vici PropertiesVICI1.3% of the fund
- PoolPOOL0.7% of the fund
Added
Bought more of a stock they already held.
- Invitation HomesINVH9.1% of the fund+7%
- Sabra Health Care REITSBRA5.4% of the fund+163%
- Agree RealtyADC4.4% of the fund+29%
- Essential Properties Realty TrustEPRT3.2% of the fund+31%
Cut
Sold some of their stake.
- Essex Property TrustESS8.5% of the fund-46%
- NNN ReitNNN7.6% of the fund-20%
- Kilroy RealtyKRC7.3% of the fund-39%
- Healthcare Realty TrustHR7.0% of the fund-28%
- VentasVTR6.6% of the fund-21%
- SBA CommunicationsSBAC5.3% of the fund-53%
- First Industrial Realty TrustFR5.2% of the fund-27%
- Independence Realty TrustIRT2.6% of the fund-33%
- Six Flags EntertainmentFUN0.6% of the fund-55%
Sold out
Sold their entire stake.
- Federal Realty Investment TrustFRT-100%
- Americold Realty TrustCOLD-100%
- Acadia Realty TrustAKR-100%
- Costar GroupCSGP-100%
- Apple Hospitality REITAPLE-100%
- Curbline PropertiesCURB-100%
- Janus LivingJAN-100%
- Sonida Senior LivingSNDA-100%
Holdings
- Blackstone Digital Infrastructure TrustBXDC
- Share
- 5.1%
- Value
- $78m
- Shares
- 3,587,500
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Invitation HomesINVH | 9.1% | $137m | 4,545,176 | +7% |
| Essex Property TrustESS | 8.5% | $128m | 438,518 | -46% |
| NNN ReitNNN | 7.6% | $115m | 2,474,091 | -20% |
| Kilroy RealtyKRC | 7.3% | $110m | 2,945,755 | -39% |
| Healthcare Realty TrustHR | 7.0% | $105m | 5,213,764 | -28% |
| VentasVTR | 6.6% | $99m | 1,113,660 | -21% |
| Sabra Health Care REITSBRA | 5.4% | $82m | 4,210,530 | +163% |
| SBA CommunicationsSBAC | 5.3% | $81m | 456,290 | -53% |
| First Industrial Realty TrustFR | 5.2% | $79m | 1,282,572 | -27% |
| Blackstone Digital Infrastructure TrustBXDC | 5.1% | $78m | 3,587,500 | New |
| Vivmark ResidentialVMRK | 4.4% | $66m | 976,765 | New |
| American TowerAMT | 4.4% | $66m | 405,390 | New |
| Agree RealtyADC | 4.4% | $66m | 873,829 | +29% |
| Healthpeak PropertiesDOC | 4.2% | $63m | 2,944,629 | New |
| MacerichMAC | 3.5% | $52m | 2,068,800 | New |
| Essential Properties Realty TrustEPRT | 3.2% | $49m | 1,630,002 | +31% |
| Independence Realty TrustIRT | 2.6% | $39m | 2,316,753 | -33% |
| National Healthcare PropertiesNHP | 2.5% | $38m | 2,578,241 | New |
| Vici PropertiesVICI | 1.3% | $19m | 734,400 | New |
| SITE CentersSITC | 1.2% | $18m | 4,499,853 | Held |
| PoolPOOL | 0.7% | $10m | 46,600 | New |
| Six Flags EntertainmentFUN | 0.6% | $9m | 418,946 | -55% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 1.7% since 30 June 2025.
Where the money is
Real estate98.7%
Industrials0.7%
Retail & consumer0.6%
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.