Q4 2025 · 13F-HR
LANDMARK INVESTMENT PARTNERS, L.P.holdings as filed
Filed 2026-02-17 · accession 0002023551-26-000002
$213.9M
Reported value
44
Positions
2025-12-31
Period end
The Brief · LANDMARK INVESTMENT PARTNERS, L.P. · Q4 2025
AI · grounded in 13F
Landmark Investment Partners, L.P. closed its position in Hudson Pac Pptys Inc, reducing exposure by $16.0M. The fund established a new position in MAA worth $13.0M and added $11.4M to Marriott Vacations Worldwide. Other notable activity includes closing a position in IWM for $12.1M and increasing its stake in CSGP by 140.97%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 22160N109 | CSGP | COSTAR GROUP INC | $13.8M | 6.46% | 205,500 | CALL | SOLE |
| 03748R747 | AIV | APARTMENT INVT & MGMT CO | $13.2M | 6.17% | 2,220,778 | Common | SOLE |
| 25960P109 | DEI | DOUGLAS EMMETT INC | $11.5M | 5.38% | 1,047,713 | Common | SOLE |
| 57164Y107 | VAC | MARRIOTT VACATIONS WORLDWIDE | $11.4M | 5.35% | 198,400 | CALL | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $11.2M | 5.26% | 39,151 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $10.4M | 4.86% | 154,480 | Common | SOLE |
| 297178105 | ESS | ESSEX PPTY TR INC | $10.3M | 4.83% | 39,500 | CALL | SOLE |
| 19247A100 | CNS | COHEN & STEERS INC | $10.0M | 4.68% | 159,623 | Common | SOLE |
| 44267T102 | HHH | HOWARD HUGHES HOLDINGS INC | $9.4M | 4.39% | 117,619 | Common | SOLE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $8.9M | 4.17% | 64,228 | Common | SOLE |
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $7.9M | 3.68% | 175,810 | Common | SOLE |
| 297178105 | ESS | ESSEX PPTY TR INC | $7.4M | 3.47% | 28,329 | Common | SOLE |
| 112463104 | BKD | BROOKDALE SR LIVING INC | $6.9M | 3.24% | 643,076 | Common | SOLE |
| 92276F100 | VTR | VENTAS INC | $6.1M | 2.83% | 78,300 | CALL | SOLE |
| 103304101 | BYD | BOYD GAMING CORP | $5.9M | 2.78% | 69,644 | Common | SOLE |
| 758849103 | REG | REGENCY CTRS CORP | $5.9M | 2.74% | 84,873 | Common | SOLE |
| 25960P109 | DEI | DOUGLAS EMMETT INC | $5.3M | 2.47% | 480,000 | CALL | SOLE |
| 44267T102 | HHH | HOWARD HUGHES HOLDINGS INC | $4.9M | 2.29% | 61,500 | CALL | SOLE |
| 444097406 | HPP | HUDSON PAC PPTYS INC | $4.3M | 2.03% | 400,000 | CALL | SOLE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $4.1M | 1.93% | 29,700 | CALL | SOLE |
| 42250P103 | DOC | HEALTHPEAK PROPERTIES INC | $4.0M | 1.85% | 246,100 | CALL | SOLE |
| 30225T102 | EXR | EXTRA SPACE STORAGE INC | $3.3M | 1.52% | 25,000 | CALL | SOLE |
| 10482B101 | BHR | BRAEMAR HOTELS & RESORTS INC | $3.1M | 1.45% | 1,083,493 | Common | SOLE |
| 19247A100 | CNS | COHEN & STEERS INC | $3.0M | 1.41% | 48,000 | CALL | SOLE |
| 169905106 | CHH | CHOICE HOTELS INTL INC | $3.0M | 1.38% | 31,000 | CALL | SOLE |
| 866674104 | SUI | SUN CMNTYS INC | $2.9M | 1.36% | 23,500 | CALL | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $2.1M | 0.97% | 2,700 | CALL | SOLE |
| 29476L107 | EQR | EQUITY RESIDENTIAL | $2.0M | 0.92% | 31,300 | CALL | SOLE |
| 444097406 | HPP | HUDSON PAC PPTYS INC | $2.0M | 0.91% | 180,709 | Common | SOLE |
| 92936U109 | WPC | WP CAREY INC | $1.9M | 0.90% | 30,000 | CALL | SOLE |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $1.9M | 0.89% | 20,100 | CALL | SOLE |
| 756109104 | O | REALTY INCOME CORP | $1.9M | 0.89% | 33,600 | CALL | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $1.6M | 0.76% | 10,500 | CALL | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $1.6M | 0.73% | 34,800 | CALL | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $1.5M | 0.69% | 8,100 | CALL | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $1.4M | 0.67% | 9,300 | CALL | SOLE |
| 637417106 | NNN | NNN REIT INC | $1.4M | 0.67% | 36,200 | CALL | SOLE |
| 76169C100 | REXR | REXFORD INDL RLTY INC | $1.4M | 0.65% | 35,700 | CALL | SOLE |
| 49427F108 | KRC | KILROY RLTY CORP | $1.2M | 0.58% | 33,000 | CALL | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $1.0M | 0.49% | 6,759 | Common | SOLE |
| 65341D102 | NXRT | NEXPOINT RESIDENTIAL TR INC | $998,477 | 0.47% | 33,172 | Common | SOLE |
| 133131102 | CPT | CAMDEN PPTY TR | $988,298 | 0.46% | 8,978 | Common | SOLE |
| 101121101 | BXP | BXP INC | $560,084 | 0.26% | 8,300 | CALL | SOLE |
| 10482B101 | BHR | BRAEMAR HOTELS & RESORTS INC | $287,000 | 0.13% | 100,000 | CALL | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.