Vision Capital
TORONTO, A6files as Vision Capital Corp
$217m in 13 US stocks at the end of 30 June 2026. The top 10 are 93.7% of the money. It changed about 41.2% of the portfolio this quarter.
Value
$217m
Stocks
13
Top 10 share
93.7%
Turnover
41.2%
What changed this quarter
New
Bought for the first time this quarter.
- Brookdale Senior LivingBKD13.8% of the fund
- Agree RealtyADC7.3% of the fund
- Urban Edge PropertiesUE4.7% of the fund
- Kite Realty Group TrustKRG2.6% of the fund
- CTO Realty GrowthCTO1.8% of the fund
Added
Bought more of a stock they already held.
- Digital Realty TrustDLR14.8% of the fund+178%
- CubeSmartCUBE12.8% of the fund+35%
Cut
Sold some of their stake.
- First Industrial Realty TrustFR12.1% of the fund-11%
- EquinixEQIX9.3% of the fund-51%
- Sun CommunitiesSUI7.5% of the fund-59%
- InvenTrust PropertiesIVT4.7% of the fund-60%
Sold out
Sold their entire stake.
- Janus LivingJAN-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Digital Realty TrustDLR | 14.8% | $32m | 178,923 | +178% |
| Brookdale Senior LivingBKD | 13.8% | $30m | 1,865,324 | New |
| CubeSmartCUBE | 12.8% | $28m | 696,812 | +35% |
| First Industrial Realty TrustFR | 12.1% | $26m | 429,587 | -11% |
| EquinixEQIX | 9.3% | $20m | 19,366 | -51% |
| Sun CommunitiesSUI | 7.5% | $16m | 135,152 | -59% |
| Agree RealtyADC | 7.3% | $16m | 209,300 | New |
| Cbre GroupCBRE | 6.7% | $14m | 107,495 | Held |
| Urban Edge PropertiesUE | 4.7% | $10m | 445,000 | New |
| InvenTrust PropertiesIVT | 4.7% | $10m | 285,583 | -60% |
| Kite Realty Group TrustKRG | 2.6% | $6m | 200,000 | New |
| CTO Realty GrowthCTO | 1.8% | $4m | 186,000 | New |
| Newmark GroupNMRK | 1.8% | $4m | 258,632 | Held |
Options (2)
- Ishares TRIYR
- Type
- Put
- Value
- $75m
- Contracts
- 730,000
- Rexford Industrial RealtyREXR
- Type
- Call
- Value
- $18m
- Contracts
- 524,800
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TRIYR | Put | $75m | 730,000 |
| Rexford Industrial RealtyREXR | Call | $18m | 524,800 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 3.1% since 30 June 2025.
Where the money is
Real estate86.2%
Health care13.8%
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.