Flat Footed LLC — 13F Holdings & Portfolio

CIK 1799456 · latest 13F-HR filed 2026-05-15

Flat Footed LLC manages $920.4M in 13F-reported U.S. long-equity assets across 39 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are HYG (22.57%), DHC (16.94%), RY (5.27%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 2, added to 6, and trimmed 7.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$920.4M

Long-equity book

Holdings

39

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+1 / −2 / ↑6 / ↓7

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • DIVERSIFIED HEALTHCARE TR$42.0M +36.9%
  • TEEKAY CORPORATION LTD$3.9M +24.5%
  • ARDMORE SHIPPING CORP$2.1M +15.8%
  • GRIFOLS S A$866.3K +8.5%
  • RMR GROUP INC$737.3K +6.3%
Show all 6

Top Trims

  • CORE NATURAL RESOURCES INC-$118.1M -96.2%
  • BROOKDALE SR LIVING INC-$59.0M -64.3%
  • SUMMIT MIDSTREAM CORPORATION-$5.8M -60.5%
  • SEVEN HILLS REALTY TRUST-$2.4M -39.8%
  • CIVEO CORP CDA-$1.4M -13.2%
Show all 7

New Positions

  • HOWARD HUGHES HOLDINGS INC$13.6M
Show all 1

Exited Positions

  • BROOKDALE SR LIVING INC$42.9M
  • PANGAEA LOGISTICS SOLUTION L$83.5K
Show all 2
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR Put HYG 464288513 $207.7M 22.57% 2,610,700 SH
2 DIVERSIFIED HEALTHCARE TR DHC 25525P107 $156.0M 16.94% 23,487,002 SH
3 ROYAL BK CDA Put RY 780087102 $48.5M 5.27% 300,000 SH
4 PEPSICO INC Put PEP 713448108 $45.8M 4.98% 295,000 SH
5 CANADIAN IMPERIAL BANK OF CO Put CM 136069101 $42.9M 4.66% 452,500 SH
6 MARRIOTT INTL INC NEW Put MAR 571903202 $39.9M 4.33% 121,900 SH
7 HILTON WORLDWIDE HLDGS INC Put HLT 43300A203 $35.1M 3.82% 115,500 SH
8 BROOKDALE SR LIVING INC BKD 112463104 $32.7M 3.55% 2,391,526 SH
9 TORONTO DOMINION BK ONT Put TD 891160509 $28.2M 3.07% 302,500 SH
10 ROYAL CARIBBEAN GROUP Put RCL V7780T103 $24.6M 2.68% 89,500 SH
11 BANK MONTREAL MEDIUM Put BMO 063671101 $22.9M 2.49% 169,500 SH
12 CARVANA CO Put CVNA 146869102 $22.8M 2.48% 72,600 SH
13 TEEKAY CORPORATION LTD TK G8726T105 $19.8M 2.15% 1,622,766 SH
14 SPDR SERIES TRUST Put KIE 78464A789 $16.4M 1.78% 297,600 SH
15 ARDMORE SHIPPING CORP ASC Y0207T100 $15.3M 1.66% 1,004,696 SH
16 HOWARD HUGHES HOLDINGS INC HHH 44267T102 $13.6M 1.48% 215,288 SH
17 MGM RESORTS INTERNATIONAL Put MGM 552953101 $13.3M 1.45% 360,000 SH
18 RMR GROUP INC RMR 74967R106 $12.4M 1.35% 802,739 SH
19 TESLA INC Put TSLA 88160R101 $11.9M 1.29% 32,000 SH
20 GRIFOLS S A GRFS 398438408 $11.0M 1.20% 1,372,394 SH
21 ISHARES TR Put IYR 464287739 $10.4M 1.13% 110,000 SH
22 CORE NATURAL RESOURCES INC Call CNR 218937100 $9.9M 1.08% 95,000 SH
23 CIVEO CORP CDA CVEO 17878Y207 $9.2M 1.00% 347,240 SH
24 PERFORMANCE FOOD GROUP CO Put PFGC 71377A103 $8.6M 0.93% 100,000 SH
25 I-80 GOLD CORP IAUX 44955L106 $8.4M 0.92% 5,542,640 SH
26 WELLTOWER INC Put WELL 95040Q104 $8.2M 0.89% 41,300 SH
27 INDUSTRIAL LOGISTICS PPTYS T ILPT 456237106 $8.2M 0.89% 1,435,087 SH
28 GRAND CANYON ED INC Put LOPE 38526M106 $6.8M 0.74% 40,000 SH
29 VENTAS INC Put VTR 92276F100 $5.4M 0.59% 66,500 SH
30 CORE NATURAL RESOURCES INC CNR 218937100 $4.7M 0.51% 44,965 SH
31 SUMMIT MIDSTREAM CORPORATION SMC 86614G101 $3.8M 0.41% 124,278 SH
32 SEVEN HILLS REALTY TRUST SEVN 81784E101 $3.6M 0.39% 433,192 SH
33 RYMAN HOSPITALITY PPTYS INC Put RHP 78377T107 $3.0M 0.33% 32,500 SH
34 RED ROCK RESORTS INC Put RRR 75700L108 $2.9M 0.32% 55,000 SH
35 PERDOCEO ED CORP Put PRDO 71363P106 $2.8M 0.30% 74,800 SH
36 STRATEGIC ED INC Put STRA 86272C103 $1.7M 0.18% 20,000 SH
37 SERVICE PPTYS TR SVC 81761L102 $1.2M 0.13% 852,490 SH
38 BROOKDALE SR LIVING INC 112463AC8 $536.1K 0.06% 315,000 PRN
39 CARETRUST REIT INC Put CTRE 14174T107 $274.9K 0.03% 7,500 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $920.4M 39 0001799456-26-000009
2025-12-31 2026-02-17 $914.8M 28 0001799456-26-000005
2025-09-30 2025-11-14 $810.5M 23 0001799456-25-000009