SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Gillson Capital LP

CIK 0001698055 · 222 WEST ADAMS STREET, SUITE 2180, CHICAGO, IL, 60606 · 312-667-4379

Reported Value
$591M
Q1 2020
Positions
59
Filings on Record
30
2019–present window
Filed
May 15, 2020
original filing

Summary

Gillson Capital LP reported $591M in U.S.-listed holdings across 59 positions for Q1 2020.

Its largest position, WTW, represents 4.8% of the portfolio.

Compared with Q4 2019, the fund opened 15 new positions and exited 28.

Portfolio Metrics

Turnover
+15.7%
vs prior filed quarter
Top-10 Concentration
+37.4%
share of reported value
Largest Position
+4.8%
Willis Towers Watson Pub
New / Exited
15 / 28
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $734MQ4 ’18Q1 ’19: $775MQ2 ’19: $1.0BQ3 ’19: $1.1BQ4 ’19: $1.2BQ4 ’19Q1 ’20: $591MQ2 ’20: $557MQ3 ’20: $687MQ4 ’20: $909MQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.1BQ3 ’21: $1.4BQ4 ’21: $1.5BQ4 ’21Q1 ’22: $1.3BQ2 ’22: $1.0BQ3 ’22: $1.1BQ1 ’23: $1.2BQ1 ’23Q2 ’23: $1.1BQ3 ’23: $1.3BQ4 ’23: $949MQ1 ’24: $1.1BQ1 ’24Q2 ’24: $1.0BQ3 ’24: $1.1BQ4 ’24: $1.1BQ1 ’25: $1.2BQ1 ’25Q2 ’25: $1.3BQ3 ’25: $1.2BQ4 ’25: $1.5BQ1 ’26: $1.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 87.0%REIT: 11.8%Other: 1.2%
  • Common Stock · 87.0% · $514M
  • REIT · 11.8% · $69M
  • Other · 1.2% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
USBUS BANCORPNEW+552.9K552.9K+$19M$19M
PGRPROGRESSIVE CORP OHIONEW+232.3K232.3K+$17M$17M
PFGPRINCIPAL FINL GROUP INCNEW+404.0K404.0K+$13M$13M
UMPQUA HLDGS CORPNEW+856.2K856.2K+$9M$9M
BHFBRIGHTHOUSE FINL INCNEW+376.1K376.1K+$9M$9M
AXSAXIS CAPITAL HOLDINGS LTDNEW+230.9K230.9K+$9M$9M
MAAMID AMER APT CMNTYS INCNEW+69.8K69.8K+$7M$7M
CUZCOUSINS PPTYS INCNEW+228.6K228.6K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2020

59 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WTWWILLIS TOWERS WATSON PUB LTDhistory →SHS4.78%$28M166.1K
2BNYBANK NEW YORK MELLON CORPhistory →COM4.54%$27M796.5K
3PNCPNC FINL SVCS GROUP INChistory →COM3.80%$22M234.4K
4AXA EQUITABLE HLDGS INCCOM3.73%$22M1.53M
5RNRRENAISSANCERE HOLDINGS LTDhistory →COM3.58%$21M141.7K
6YUSDALLEGHANY CORP DELhistory →COM3.51%$21M37.5K
7TFCTRUIST FINL CORPhistory →COM3.48%$21M667.2K
8CFGCITIZENS FINL GROUP INChistory →COM3.41%$20M1.07M
9COFCAPITAL ONE FINL CORPhistory →COM3.33%$20M389.6K
10ALLALLSTATE CORPhistory →COM3.23%$19M207.9K
11USBUS BANCORPhistory →COM NEW3.23%$19M552.9K
12VOYAVOYA FINL INChistory →COM3.00%$18M437.4K
13PGRPROGRESSIVE CORP OHIOhistory →COM2.91%$17M232.3K
14SYNOVUS FINL CORPCOM NEW2.63%$16M885.4K
15FHNFIRST HORIZON NATL CORPhistory →COM2.46%$15M1.80M
16STTSTATE STR CORPhistory →COM2.34%$14M258.9K
17LPLALPL FINL HLDGS INChistory →COM2.24%$13M242.7K
18BPOPPOPULAR INChistory →COM NEW2.16%$13M364.4K
19PFGPRINCIPAL FINL GROUP INChistory →COM2.14%$13M404.0K
20AIGAMERICAN INTL GROUP INChistory →COM NEW2.09%$12M509.0K
21WRBBERKLEY W R CORPhistory →COM2.03%$12M229.6K
22FISFIDELITY NATL INFORMATION SVhistory →COM1.90%$11M92.3K
23STLSTERLING BANCORP DELhistory →COM1.87%$11M1.06M
24WALWESTERN ALLIANCE BANCORPhistory →COM1.79%$11M344.6K
25HWCHANCOCK WHITNEY CORPORATIONhistory →COM1.64%$10M495.9K
26INVESTORS BANCORP INCCOM1.59%$9M1.18M
27UMPQUA HLDGS CORPCOM1.58%$9M856.2K
28BHFBRIGHTHOUSE FINL INChistory →COM1.54%$9M376.1K
29AXSAXIS CAPITAL HOLDINGS LTDhistory →SHS1.51%$9M230.9K
30THGHANOVER INS GROUP INChistory →COM1.39%$8M90.4K
31HIWHIGHWOODS PPTYS INChistory →COM1.32%$8M220.2K
32AIZASSURANT INChistory →COM1.31%$8M74.1K
33WBSWEBSTER FINL CORP CONNhistory →COM1.26%$7M324.8K
34MAAMID AMER APT CMNTYS INChistory →COM1.22%$7M69.8K
35CUZCOUSINS PPTYS INChistory →COM NEW1.13%$7M228.6K
36UEURBAN EDGE PPTYShistory →COM1.04%$6M694.8K
37AMHAMERICAN HOMES 4 RENThistory →CL A1.00%$6M255.3K
38WTFCWINTRUST FINL CORPCOM0.98%$6M176.6K
39STAGSTAG INDL INCCOM0.92%$5M242.5K
40IBERIABANK CORPCOM0.92%$5M150.3K
41CDPCORPORATE OFFICE PPTYS TRSH BEN INT0.79%$5M210.9K
42OREALTY INCOME CORPCOM0.71%$4M84.0K
43CADENCE BANCORPORATIONCL A0.68%$4M611.8K
44OMFONEMAIN HLDGS INCCOM0.67%$4M208.3K
45MKLMARKEL CORPCOM0.64%$4M4.1K
46CPTCAMDEN PPTY TRSH BEN INT0.61%$4M45.8K
47WRIWEINGARTEN RLTY INVSSH BEN INT0.60%$4M244.5K
48AREALEXANDRIA REAL ESTATE EQ INCOM0.59%$3M25.3K
49SLRCSOLAR CAP LTDCOM0.56%$3M284.6K
50FEDERAL REALTY INVT TRSH BEN INT NEW0.52%$3M41.0K
51PSAPUBLIC STORAGECOM0.52%$3M15.3K
52BLACKROCK INCCOM0.47%$3M6.3K
53DOCHEALTHPEAK PPTYS INCCOM0.45%$3M110.8K
54GBDCGOLUB CAP BDC INCCOM0.38%$2M178.2K
55FRFIRST INDL RLTY TR INCCOM0.34%$2M61.0K
56AON PLCSHS CL A0.33%$2M11.7K
57TPG SPECIALTY LENDING INCCOM0.30%$2M128.9K
58ARCCARES CAP CORPCOM0.18%$1M96.0K
59FLEETCOR TECHNOLOGIES INCCOM0.14%$811,0004.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B69May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.5B76Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B65Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.3B71Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B64May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.1B63Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B63Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.0B57Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B50May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$949M57Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.3B88Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B80Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.2B88May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review89Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.1B146Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.0B230Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.3B228May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.5B247Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.4B225Nov 16, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B215Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B207May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$909M95Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$687M79Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$557M63Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$591M59May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.2B72Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.1B73Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.0B80Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$775M56May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$734M55Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.