Conversant Capital LLC — 13F Holdings & Portfolio
CIK 1850901 · latest 13F-HR filed 2026-05-15
Conversant Capital LLC manages $745.1M in 13F-reported U.S. long-equity assets across 16 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SNDA (63.22%), INVH (4.17%), JAN (3.83%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 9 new positions, exited 6, added to 3, and trimmed 3.
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.
$745.1M
Long-equity book
16
Distinct positions
2026-03-31
Filed 2026-05-15
+9 / −6 / ↑3 / ↓3
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SONIDA SENIOR LIVING ORD$168.9M +55.9%
- PEAKSTONE REALTY CL E ORD$20.4M +1418541.0%
- RITHM ACQUISITION EQY WARRANT$325.9K +152.3%
Top Trims
- RITHM CAPITAL ORD-$11.8M -33.2%
- CENTURI HOLDINGS ORD-$10.4M -29.4%
- AMERICOLD REALTY ORD-$6.7M -34.7%
New Positions
- INVITATION HOMES ORD$31.1M
- JANUS LIVING CL A 1 ORD$28.5M
- CROWN CASTLE ORD$27.2M
- SMARTSTOP SELF STORAGE REIT ORD$26.0M
- CARDINAL INFRASTRU CL A ORD$18.7M
Exited Positions
- Global Net Lease Inc$32.7M
- Hudson Pacific Properties Inc$28.2M
- National Storage Affiliates Trust$21.9M
- Independence Realty Trust Inc$14.9M
- AvalonBay Communities Inc$5.6M
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 | SONIDA SENIOR LIVING ORD | SNDA | 140475203 | $471.0M | 63.22% | 14,605,874 | SH |
| 2 | INVITATION HOMES ORD | INVH | 46187W107 | $31.1M | 4.17% | 1,250,000 | SH |
| 3 | JANUS LIVING CL A 1 ORD | JAN | 471024109 | $28.5M | 3.83% | 1,210,000 | SH |
| 4 | CROWN CASTLE ORD | CCI | 22822V101 | $27.2M | 3.64% | 334,000 | SH |
| 5 | SMARTSTOP SELF STORAGE REIT ORD | SMA | 83192D402 | $26.0M | 3.49% | 857,715 | SH |
| 6 | CENTURI HOLDINGS ORD | CTRI | 155923105 | $25.0M | 3.35% | 855,000 | SH |
| 7 | WALKER & DUNLOP ORD | WD | 93148P102 | $24.9M | 3.34% | 560,316 | SH |
| 8 | RITHM CAPITAL ORD | RITM | 64828T201 | $23.7M | 3.18% | 2,500,000 | SH |
| 9 | PEAKSTONE REALTY CL E ORD | PKST | 39818P799 | $20.4M | 2.73% | 100 | SH |
| 10 | CARDINAL INFRASTRU CL A ORD | CDNL | 14154A102 | $18.7M | 2.51% | 471,609 | SH |
| 11 | DRIVEN BRANDS HOLDINGS ORD | DRVN | 26210V102 | $12.6M | 1.69% | 1,000,000 | SH |
| 12 | AMERICOLD REALTY ORD | COLD | 03064D108 | $12.6M | 1.69% | 1,100,000 | SH |
| 13 | KKR REAL ESTATE FINANCE TRUST ORD | KREF | 48251K100 | $9.0M | 1.21% | 1,470,600 | SH |
| 14 | HYATT HOTELS CL A ORD | H | 448579102 | $8.6M | 1.16% | 60,000 | SH |
| 15 | ARKO PETROLEUM CL A ORD | APC | 04124A100 | $5.4M | 0.72% | 300,000 | SH |
| 16 | RITHM ACQUISITION EQY WARRANT | RAC.WS | G75751118 | $539.8K | 0.07% | 868,333 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $745.1M | 16 | 0001850901-26-000003 |
| 2025-12-31 | 2026-02-17 | $526.5M | 13 | 0001850901-26-000002 |
| 2025-09-30 | 2025-11-14 | $590.0M | 10 | 0001850901-25-000008 |