Sophron Capital Management L.P. Diversified Active

Location: Summit, NJ

CIK: 0002027142 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $311M (100.0% shares, 0.0% debt)

Holdings (39)

ADC AGREE RLTY CORP 7.0%

Value $21.74M Shares 301,782 Share Price $72.03 Est. Cost/Share $71.74 Unrealized @ Report Date —

ESS ESSEX PPTY TR INC 6.5%

Value $20.17M Shares 77,089 Share Price $261.68 * Est. Cost/Share $276.63 Unrealized @ Report Date -7.4%

EQR EQUITY RESIDENTIAL 5.8%

Value $18.14M Shares 287,825 Share Price $63.04 * Est. Cost/Share $64.17 Unrealized @ Report Date -5.5%

MTH MERITAGE HOMES CORP 5.1%

Value $16M Shares 243,124 Share Price $65.80 * Est. Cost/Share $66.70 Unrealized @ Report Date +3.8%

FCPT FOUR CORNERS PPTY TR INC 5.0%

Value $15.53M Shares 673,305 Share Price $23.06 Est. Cost/Share $25.54 Unrealized @ Report Date —

CHH CHOICE HOTELS INTL INC 4.6%

Value $14.17M Shares 148,795 Share Price $95.26 Est. Cost/Share $119.66 Unrealized @ Report Date -20.7%

PECO PHILLIPS EDISON & CO INC 4.2%

Value $13.21M Shares 371,486 Share Price $35.57 Est. Cost/Share $35.79 Unrealized @ Report Date —

UDR UDR INC 4.2%

Value $12.95M Shares 353,090 Share Price $36.68 * Est. Cost/Share $38.29 Unrealized @ Report Date -7.2%

AMT AMERICAN TOWER CORP NEW 3.6%

Value $11.29M Shares 64,305 Share Price $175.57 * Est. Cost/Share $193.44 Unrealized @ Report Date -6.8%

AVB AVALONBAY CMNTYS INC 3.4%

Value $10.58M Shares 58,352 Share Price $181.31 Est. Cost/Share $212.74 Unrealized @ Report Date -15.5%

TPH TRI POINTE HOMES INC 3.4%

Value $10.54M Shares 334,828 Share Price $31.47 * Est. Cost/Share $34.04 Unrealized @ Report Date -4.5%

INVH INVITATION HOMES INC 3.1%

Value $9.764M Shares 351,366 Share Price $27.79 Est. Cost/Share $28.51 Unrealized @ Report Date -3.0%

WH WYNDHAM HOTELS & RESORTS INC 3.1%

Value $9.658M Shares 127,814 Share Price $75.56 Est. Cost/Share $89.65 Unrealized @ Report Date -15.9%

PSA PUBLIC STORAGE OPER CO 3.1%

Value $9.492M Shares 36,578 Share Price $259.50 * Est. Cost/Share $307.76 Unrealized @ Report Date -9.9%

VICI VICI PPTYS INC 2.9%

Value $8.905M Shares 316,683 Share Price $28.12 * Est. Cost/Share $30.52 Unrealized @ Report Date -4.0%

DRH DIAMONDROCK HOSPITALITY CO 2.7%

Value $8.507M Shares 949,477 Share Price $8.96 Est. Cost/Share $8.49 Unrealized @ Report Date —

GLPI GAMING & LEISURE PPTYS INC 2.7%

Value $8.299M Shares 185,694 Share Price $44.69 Est. Cost/Share $46.87 Unrealized @ Report Date —

ELS EQUITY LIFESTYLE PPTYS INC 2.6%

Value $8.097M Shares 133,592 Share Price $60.61 Est. Cost/Share $64.07 Unrealized @ Report Date —

REXR REXFORD INDL RLTY INC 2.3%

Value $7.2M Shares 185,944 Share Price $38.72 Est. Cost/Share $38.72 Unrealized @ Report Date —

BNL BROADSTONE NET LEASE INC 2.3%

Value $7.154M Shares 411,855 Share Price $17.37 Est. Cost/Share $16.11 Unrealized @ Report Date —

EGP EASTGROUP PPTYS INC 2.2%

Value $6.789M Shares 38,110 Share Price $178.14 Est. Cost/Share $175.74 Unrealized @ Report Date —

CUBE CUBESMART 2.1%

Value $6.445M Shares 178,792 Share Price $36.05 Est. Cost/Share $42.25 Unrealized @ Report Date —

DLR DIGITAL RLTY TR INC 2.0%

Value $6.301M Shares 40,726 Share Price $154.71 * Est. Cost/Share $163.06 Unrealized @ Report Date +0.0%

RHP RYMAN HOSPITALITY PPTYS INC 1.9%

Value $5.98M Shares 63,196 Share Price $94.62 Est. Cost/Share $89.59 Unrealized @ Report Date —

NNN NNN REIT INC 1.8%

Value $5.619M Shares 141,783 Share Price $39.63 Est. Cost/Share $41.76 Unrealized @ Report Date —

REG REGENCY CTRS CORP 1.7%

Value $5.235M Shares 75,834 Share Price $69.03 Est. Cost/Share $69.47 Unrealized @ Report Date 0.0%

KIM KIMCO RLTY CORP 1.3%

Value $4.19M Shares 206,723 Share Price $20.27 Est. Cost/Share $20.57 Unrealized @ Report Date 0.0%

LEN LENNAR CORP 1.2%

Value $3.643M Shares 35,436 Share Price $102.80 * Est. Cost/Share $107.30 Unrealized @ Report Date +12.5%

AMH AMERICAN HOMES 4 RENT 1.1%

Value $3.402M Shares 105,996 Share Price $32.10 Est. Cost/Share $37.17 Unrealized @ Report Date —

EXR EXTRA SPACE STORAGE INC 1.1%

Value $3.281M Shares 25,197 Share Price $130.22 * Est. Cost/Share $141.29 Unrealized @ Report Date -4.5%

NHI NATIONAL HEALTH INVS INC 1.1%

Value $3.27M Shares 42,815 Share Price $76.37 Est. Cost/Share $74.58 Unrealized @ Report Date —

DOC HEALTHPEAK PROPERTIES INC 0.9%

Value $2.786M Shares 173,245 Share Price $16.08 * Est. Cost/Share $19.94 Unrealized @ Report Date -12.4%

SBAC SBA COMMUNICATIONS CORP NEW 0.9%

Value $2.77M Shares 14,318 Share Price $193.43 Est. Cost/Share $214.69 Unrealized @ Report Date -10.3%

EQIX EQUINIX INC 0.8%

Value $2.636M Shares 3,441 Share Price $766.16 Est. Cost/Share $835.67 Unrealized @ Report Date -6.5%

CCI CROWN CASTLE INC 0.8%

Value $2.419M Shares 27,223 Share Price $88.87 * Est. Cost/Share $96.78 Unrealized @ Report Date -5.9%

FR FIRST INDL RLTY TR INC 0.6%

Value $1.775M Shares 31,000 Share Price $57.27 Est. Cost/Share $48.37 Unrealized @ Report Date —

SUI SUN CMNTYS INC 0.5%

Value $1.547M Shares 12,482 Share Price $123.91 Est. Cost/Share $123.39 Unrealized @ Report Date —

SILA SILA REALTY TRUST INC 0.3%

Value $1.045M Shares 44,832 Share Price $23.31 Est. Cost/Share $23.50 Unrealized @ Report Date —

NTST NETSTREIT CORP 0.2%

Value $532K Shares 30,135 Share Price $17.64 Est. Cost/Share $17.64 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ADC	AGREE RLTY CORP	301,782	$21.74M	7.0%	$72.03	$71.74	—	COM	008492100
ESS	ESSEX PPTY TR INC	77,089	$20.17M	6.5%	$261.68 *	$276.63	-7.4%	COM	297178105
EQR	EQUITY RESIDENTIAL	287,825	$18.14M	5.8%	$63.04 *	$64.17	-5.5%	SH BEN INT	29476L107
MTH	MERITAGE HOMES CORP	243,124	$16M	5.1%	$65.80 *	$66.70	+3.8%	COM	59001A102
FCPT	FOUR CORNERS PPTY TR INC	673,305	$15.53M	5.0%	$23.06	$25.54	—	COM	35086T109
CHH	CHOICE HOTELS INTL INC	148,795	$14.17M	4.6%	$95.26	$119.66	-20.7%	COM	169905106
PECO	PHILLIPS EDISON & CO INC	371,486	$13.21M	4.2%	$35.57	$35.79	—	COMMON STOCK	71844V201
UDR	UDR INC	353,090	$12.95M	4.2%	$36.68 *	$38.29	-7.2%	COM	902653104
AMT	AMERICAN TOWER CORP NEW	64,305	$11.29M	3.6%	$175.57 *	$193.44	-6.8%	COM	03027X100
AVB	AVALONBAY CMNTYS INC	58,352	$10.58M	3.4%	$181.31	$212.74	-15.5%	COM	053484101
TPH	TRI POINTE HOMES INC	334,828	$10.54M	3.4%	$31.47 *	$34.04	-4.5%	COM	87265H109
INVH	INVITATION HOMES INC	351,366	$9.764M	3.1%	$27.79	$28.51	-3.0%	COM	46187W107
WH	WYNDHAM HOTELS & RESORTS INC	127,814	$9.658M	3.1%	$75.56	$89.65	-15.9%	COM	98311A105
PSA	PUBLIC STORAGE OPER CO	36,578	$9.492M	3.1%	$259.50 *	$307.76	-9.9%	COM	74460D109
VICI	VICI PPTYS INC	316,683	$8.905M	2.9%	$28.12 *	$30.52	-4.0%	COM	925652109
DRH	DIAMONDROCK HOSPITALITY CO	949,477	$8.507M	2.7%	$8.96	$8.49	—	COM	252784301
GLPI	GAMING & LEISURE PPTYS INC	185,694	$8.299M	2.7%	$44.69	$46.87	—	COM	36467J108
ELS	EQUITY LIFESTYLE PPTYS INC	133,592	$8.097M	2.6%	$60.61	$64.07	—	COM	29472R108
REXR	REXFORD INDL RLTY INC	185,944	$7.2M	2.3%	$38.72	$38.72	—	COM	76169C100
BNL	BROADSTONE NET LEASE INC	411,855	$7.154M	2.3%	$17.37	$16.11	—	COM	11135E203
EGP	EASTGROUP PPTYS INC	38,110	$6.789M	2.2%	$178.14	$175.74	—	COM	277276101
CUBE	CUBESMART	178,792	$6.445M	2.1%	$36.05	$42.25	—	COM	229663109
DLR	DIGITAL RLTY TR INC	40,726	$6.301M	2.0%	$154.71 *	$163.06	+0.0%	COM	253868103
RHP	RYMAN HOSPITALITY PPTYS INC	63,196	$5.98M	1.9%	$94.62	$89.59	—	COM	78377T107
NNN	NNN REIT INC	141,783	$5.619M	1.8%	$39.63	$41.76	—	COM	637417106
REG	REGENCY CTRS CORP	75,834	$5.235M	1.7%	$69.03	$69.47	0.0%	COM	758849103
KIM	KIMCO RLTY CORP	206,723	$4.19M	1.3%	$20.27	$20.57	0.0%	COM	49446R109
LEN	LENNAR CORP	35,436	$3.643M	1.2%	$102.80 *	$107.30	+12.5%	CL A	526057104
AMH	AMERICAN HOMES 4 RENT	105,996	$3.402M	1.1%	$32.10	$37.17	—	CL A	02665T306
EXR	EXTRA SPACE STORAGE INC	25,197	$3.281M	1.1%	$130.22 *	$141.29	-4.5%	COM	30225T102
NHI	NATIONAL HEALTH INVS INC	42,815	$3.27M	1.1%	$76.37	$74.58	—	COM	63633D104
DOC	HEALTHPEAK PROPERTIES INC	173,245	$2.786M	0.9%	$16.08 *	$19.94	-12.4%	COM	42250P103
SBAC	SBA COMMUNICATIONS CORP NEW	14,318	$2.77M	0.9%	$193.43	$214.69	-10.3%	CL A	78410G104
EQIX	EQUINIX INC	3,441	$2.636M	0.8%	$766.16	$835.67	-6.5%	COM	29444U700
CCI	CROWN CASTLE INC	27,223	$2.419M	0.8%	$88.87 *	$96.78	-5.9%	COM	22822V101
FR	FIRST INDL RLTY TR INC	31,000	$1.775M	0.6%	$57.27	$48.37	—	COM	32054K103
SUI	SUN CMNTYS INC	12,482	$1.547M	0.5%	$123.91	$123.39	—	COM	866674104
SILA	SILA REALTY TRUST INC	44,832	$1.045M	0.3%	$23.31	$23.50	—	COMMON STOCK	146280508
NTST	NETSTREIT CORP	30,135	$532K	0.2%	$17.64	$17.64	—	COM	64119V303