SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Gillson Capital LP

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

Reported Value
$1.3B
Q1 2022
Positions
228
Filings on Record
30
2019–present window
Filed
May 12, 2022
original filing

Summary

Gillson Capital LP reported $1.3B in U.S.-listed holdings across 228 positions for Q1 2022.

Its largest position, AJG, represents 7.0% of the portfolio.

Compared with Q4 2021, the fund opened 44 new positions and exited 63.

Portfolio Metrics

Turnover
+35.4%
vs prior filed quarter
Top-10 Concentration
+28.9%
share of reported value
Largest Position
+7.0%
Gallagher Arthur J
New / Exited
44 / 63
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: 71.5%REIT: 18.0%Other: 10.1%ETP: 0.2%Unit: 0.1%Equity WRT: 0.0%
  • Common Stock · 71.5% · $895M
  • REIT · 18.0% · $225M
  • Other · 10.1% · $127M
  • ETP · 0.2% · $3M
  • Unit · 0.1% · $858,000
  • Equity WRT · 0.0% · $151,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BNYBANK NEW YORK MELLON CORPNEW+726.6K726.6K+$36M$36M
BACBK OF AMERICA CORPNEW+814.4K814.4K+$34M$34M
USBUS BANCORPNEW+606.5K606.5K+$32M$32M
PGRPROGRESSIVE CORP OHIONEW+212.6K212.6K+$24M$24M
PFGPRINCIPAL FINL GROUP INCNEW+256.9K256.9K+$19M$19M
SCHWTHE CHARLES SCHWAB CORPORATINEW+209.0K209.0K+$18M$18M
TWTRADEWEB MKTS INCNEW+200.0K200.0K+$18M$18M
FRCBFIRST REP BK SAN FRANCISCO CNEW+108.3K108.3K+$18M$18M

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

Holdings — Q1 2022

209 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AJGGALLAGHER ARTHUR J & COhistory →COM7.00%$88M501.5K
2BNYBANK NEW YORK MELLON CORPhistory →COM2.88%$36M726.6K
3NEW YORK COMMUNITY BANCORPCOM2.78%$35M3.25M
4BACBK OF AMERICA CORPhistory →COM2.68%$34M814.4K
5USBUS BANCORPhistory →COM NEW2.58%$32M606.5K
6ZIONZIONS BANCORPORATION N Ahistory →COM2.54%$32M485.4K
7EQHAXA EQUITABLE HLDGS INChistory →COM2.39%$30M968.8K
8AFGAMERICAN FINL GROUP INC OHIOhistory →COM2.22%$28M190.4K
9PGRPROGRESSIVE CORP OHIOhistory →COM1.94%$24M212.6K
10EGEVEREST RE GROUP LTDhistory →COM1.92%$24M79.6K
11AXPAMERICAN EXPRESS COhistory →COM1.87%$23M125.2K
12CMECME GROUP INChistory →COM1.76%$22M92.8K
13WFCWELLS FARGO CO NEWhistory →COM1.65%$21M425.2K
14PBPROSPERITY BANCSHARES INChistory →COM1.57%$20M282.3K
15BXBLACKSTONE GROUP LP/THEhistory →COM1.56%$20M153.9K
16PFGPRINCIPAL FINL GROUP INChistory →COM1.51%$19M256.9K
17SCHWTHE CHARLES SCHWAB CORPORATIhistory →COM1.41%$18M209.0K
18TWTRADEWEB MKTS INChistory →CL A1.40%$18M200.0K
19FRCBFIRST REP BK SAN FRANCISCO Chistory →COM1.40%$18M108.3K
20FHIFEDERATED HERMES INChistory →CL B1.40%$17M512.6K
21VOYAVOYA FINANCIAL INChistory →COM1.35%$17M255.0K
22CMACOMERICA INChistory →COM1.35%$17M186.3K
23UMBFUMB FINANCIAL CORPhistory →COM1.30%$16M167.6K
24CBSHCOMMERCE BANCSHARES INChistory →COM1.29%$16M225.3K
25FITBFIFTH THIRD BANCORPhistory →COM1.26%$16M365.3K
26WBSWEBSTER FINL CORP CONNhistory →COM1.20%$15M267.6K
27KKRKKR & CO INChistory →COM1.16%$14M247.7K
28CBOECBOE HOLDINGS INChistory →COM1.15%$14M126.2K
29SPIRIT RLTY CAP INC NEWCOM NEW1.13%$14M306.7K
30CUZCOUSINS PPTYS INChistory →COM NEW1.11%$14M343.2K
31HIGHARTFORD FINL SVCS GROUP INChistory →COM1.07%$13M186.6K
32FRFIRST INDL RLTY TR INChistory →COM1.05%$13M212.9K
33IBKRINTERACTIVE BROKERS GRO-CL Ahistory →COM1.05%$13M199.8K
34GBCIGLACIER BANCORP INChistory →COM1.04%$13M259.5K
35PACWEST BANCORP DELCOM0.98%$12M284.8K
36KRGKITE RLTY GROUP TRhistory →COM NEW0.95%$12M519.3K
37SUISUN CMNTYS INChistory →COM0.94%$12M67.3K
38REGREGENCY CTRS CORPhistory →COM0.94%$12M164.2K
39VCTRVICTORY CAP HLDGS INChistory →COM CL A0.94%$12M405.7K
40SBACSBA COMMUNICATIONS CORP NEWhistory →CL A0.93%$12M33.7K
41SVB FINL GROUPCOM0.87%$11M19.4K
42FOCUS FINL PARTNERS INCCOM CL A0.82%$10M225.1K
43INVHINVITATION HOMES INChistory →COM0.80%$10M249.3K
44GLPIGAMING & LEISURE PPTYS INCCOM0.79%$10M210.0K
45MCMOELIS & COCL A0.79%$10M209.6K
46KRCKILROY RLTY CORPCOM0.76%$10M124.5K
47BENFRANKLIN RESOURCES INCCOM0.75%$9M336.4K
48PSAPUBLIC STORAGECOM0.74%$9M23.6K
49RYANRYAN SPECIALTY GROUP HLDGS ICL A0.73%$9M234.5K
50NTSTNETSTREIT CORPCOM0.73%$9M405.0K
51AVBAVALONBAY CMNTYS INCCOM0.72%$9M36.1K
52OBDCOWL ROCK CAPITAL CORPORATIONCOM0.69%$9M584.0K
53SITCSITE CENTERS CORPCOM0.67%$8M504.9K
54INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL0.65%$8M121.1K
55SHOSUNSTONE HOTEL INVS INC NEWCOM0.64%$8M679.5K
56EJF ACQUISITION CORPCL A SHS · UNIT 03/10/20260.63%$8M797.5K
57MKTXMARKETAXESS HOLDINGS INCCOM0.59%$7M21.7K
58UNMUNUM GROUPCOM0.59%$7M233.3K
59WELLWELLTOWER INCCOM0.56%$7M73.5K
60WPCWP CAREY INCCOM0.55%$7M84.9K
61VTRVENTAS INCCOM0.51%$6M103.7K
62WTFCWINTRUST FINL CORPCOM0.50%$6M66.9K
63LIFE STORAGE INCCOM0.49%$6M43.5K
64CUBECUBESMARTCOM0.46%$6M110.2K
65RETAIL OPPORTUNITY INVTS CORCOM0.45%$6M291.3K
66UDRUDR INCCOM0.44%$5M95.0K
67PLYMPLYMOUTH INDL REIT INCCOM0.44%$5M200.9K
68AMPAMERIPRISE FINL INCCOM0.42%$5M17.5K
69PWPPERELLA WEINBERG PARTNERSCLASS A COM0.42%$5M552.0K
70DISCOVER FINL SVCSCOM0.42%$5M47.2K
71IHS HOLDING LIMITEDORD SHS0.38%$5M426.4K
72PLDPROLOGIS INC.COM0.36%$4M27.6K
73DLRDIGITAL RLTY TR INCCOM0.35%$4M31.0K
74COHN ROBBINS HOLDINGS CORPCOM CL A0.34%$4M430.1K
75FSKFS KKR CAP CORPCOM0.33%$4M178.3K
76ARCCARES CAPITAL CORPCOM0.31%$4M184.6K
77SOFISOFI TECHNOLOGIES INCCOM0.29%$4M384.1K
78PARAMOUNT GROUP INCCOM0.28%$4M326.6K
79KAIROS ACQUISITION CORPCL A SHS · *W EXP 11/30/2020.28%$3M527.1K
80JOFF FINTECH ACQUISITION CORCOM CL A · *W EXP 02/04/2020.28%$3M468.1K
81GCMGGCM GROSVENOR INCCOM CL A0.27%$3M353.3K
82BHFBRIGHTHOUSE FINL INCCOM0.26%$3M62.7K
83MONEYLION INCCL A0.26%$3M1.28M
84CONCORD ACQUISITION CORPCOM CL A0.24%$3M306.7K
85APOAPOLLO GLOBAL MGMT INCCOM CL A0.24%$3M48.7K
86STTSTATE STR CORPCOM0.23%$3M33.3K
87HLIHOULIHAN LOKEY INCCL A0.23%$3M32.7K
88HUT 8 MNG CORPCOM0.23%$3M516.0K
89XLFSELECT SECTOR SPDR TRSBI INT-FINL0.22%$3M71.8K
90CORSAIR PARTNERING CORPUNIT 99/99/99990.21%$3M267.7K
91NORTH ATLANTIC ACQUISITN CORCL A SHS · *W EXP 10/20/2020.21%$3M351.1K
92AEQUI ACQUISITION CORPCOM CL A · *W EXP 11/30/2020.21%$3M351.1K
93HAMILTON LANE ALLIANCE HLDGSCOM CL A · *W EXP 01/12/2020.21%$3M351.0K
94POWER & DIGITAL INFRASTRUCTUUNIT 12/09/20260.21%$3M258.1K
95PROPTECH INVESTMENT CORP IICOM CL A · *W EXP 12/08/2020.20%$3M343.2K
96DUKE REALTY CORPCOM NEW0.19%$2M41.1K
97VICIVICI PPTYS INCCOM0.19%$2M81.5K
98AREALEXANDRIA REAL ESTATE EQ INCOM0.18%$2M11.4K
99DELWINDS INS ACQUISITION CORUNIT 99/99/99990.18%$2M218.7K
100HEALTHCARE TR AMER INCCL A NEW0.18%$2M70.1K

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 ↗.