SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Gillson Capital LP

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

Reported Value
$1.2B
Q1 2025
Positions
64
Filings on Record
30
2019–present window
Filed
May 15, 2025
original filing

Summary

Gillson Capital LP reported $1.2B in U.S.-listed holdings across 64 positions for Q1 2025.

Its largest position, INVH, represents 4.6% of the portfolio.

Compared with Q4 2024, the fund opened 27 new positions and exited 26.

Portfolio Metrics

Turnover
+53.1%
vs prior filed quarter
Top-10 Concentration
+33.6%
share of reported value
Largest Position
+4.6%
Invitation Homes
New / Exited
27 / 26
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: 59.2%REIT: 37.3%ETP: 3.5%
  • Common Stock · 59.2% · $694M
  • REIT · 37.3% · $437M
  • ETP · 3.5% · $41M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVHINVITATION HOMES INCNEW+1.56M1.56M+$54M$54M
ICEINTERCONTINENTAL EXCHANGE INNEW+233.3K233.3K+$40M$40M
FICOFAIR ISAAC CORPNEW+17.8K17.8K+$33M$33M
BRXBRIXMOR PPTY GROUP INCNEW+1.04M1.04M+$28M$28M
TRVTRAVELERS COMPANIES INCNEW+103.6K103.6K+$27M$27M
TRNOTERRENO RLTY CORPNEW+379.4K379.4K+$24M$24M
VNQVANGUARD INDEX FDSNEW+251.6K251.6K+$23M$23M
UNMUNUM GROUPNEW+252.6K252.6K+$21M$21M

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

Holdings — Q1 2025

64 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1INVHINVITATION HOMES INChistory →COM4.63%$54M1.56M
2MAMASTERCARD INCORPORATEDhistory →CL A4.23%$50M90.5K
3AIZASSURANT INChistory →COM3.56%$42M198.9K
4ICEINTERCONTINENTAL EXCHANGE INhistory →COM3.43%$40M233.3K
5AMTAMERICAN TOWER CORP NEWhistory →COM3.39%$40M182.8K
6TRITHOMSON REUTERS CORPhistory →COM3.20%$37M217.0K
7BRBROADRIDGE FINANCIAL SOLUTIOhistory →COM3.03%$35M146.4K
8FICOFAIR ISAAC CORPhistory →COM2.79%$33M17.8K
9IRTINDEPENDENCE RLTY TR INChistory →COM2.70%$32M1.49M
10APOAPOLLO GLOBAL MGMT INChistory →COM CL A2.65%$31M227.2K
11SBRASABRA HEALTH CARE REIT INChistory →COM2.49%$29M1.67M
12BRXBRIXMOR PPTY GROUP INChistory →COM2.36%$28M1.04M
13GLGLOBE LIFE INChistory →COM2.35%$28M209.3K
14TRVTRAVELERS COMPANIES INChistory →COM2.34%$27M103.6K
15EXREXTRA SPACE STORAGE INChistory →COM2.20%$26M173.7K
16KMPRKEMPER CORPhistory →COM2.15%$25M377.2K
17TRNOTERRENO RLTY CORPhistory →COM2.05%$24M379.4K
18WELLWELLTOWER INChistory →COM2.04%$24M156.3K
19ESSESSEX PPTY TR INChistory →COM2.03%$24M77.7K
20PCTYPAYLOCITY HLDG CORPhistory →COM2.00%$23M125.0K
21VNQVANGUARD INDEX FDShistory →REAL ESTATE ETF1.94%$23M251.6K
22MCOMOODYS CORPhistory →COM1.92%$22M48.2K
23CSGPCOSTAR GROUP INChistory →COM1.82%$21M269.2K
24UNMUNUM GROUPhistory →COM1.75%$21M252.6K
25AONAON PLChistory →SHS CL A1.75%$20M51.4K
26VOYAVOYA FINANCIAL INChistory →COM1.73%$20M299.9K
27ADCAGREE RLTY CORPhistory →COM1.67%$20M254.3K
28EGPEASTGROUP PPTYS INChistory →COM1.66%$20M110.7K
29ADPAUTOMATIC DATA PROCESSING INhistory →COM1.62%$19M62.1K
30SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.53%$18M32.0K
31APLEAPPLE HOSPITALITY REIT INChistory →COM NEW1.42%$17M1.29M
32EQIXEQUINIX INChistory →COM1.40%$16M20.1K
33GDDYGODADDY INChistory →CL A1.38%$16M90.1K
34NATIONAL STORAGE AFFILIATESCOM SHS BEN IN1.37%$16M406.4K
35NHINATIONAL HEALTH INVS INChistory →COM1.35%$16M214.2K
36ENSGENSIGN GROUP INChistory →COM1.33%$16M120.7K
37TPGTPG INChistory →COM CL A1.12%$13M275.9K
38CBOECBOE HOLDINGS INChistory →COM1.08%$13M56.0K
39AREALEXANDRIA REAL ESTATE EQ INhistory →COM1.08%$13M136.6K
40HIGHARTFORD FINL SVCS GROUP INChistory →COM1.04%$12M98.4K
41CINFCINCINNATI FINL CORPhistory →COM1.03%$12M82.1K
42KKRKKR & CO INChistory →COM0.98%$12M99.7K
43VTRVENTAS INChistory →COM0.97%$11M165.9K
44ACGLARCH CAP GROUP LTDhistory →ORD0.90%$11M110.0K
45MKTXMARKETAXESS HOLDINGS INChistory →COM0.87%$10M47.0K
46REXRREXFORD INDL RLTY INCCOM0.83%$10M250.0K
47AXSAXIS CAPITAL HOLDINGS LTDSHS0.78%$9M91.6K
48ELSEQUITY LIFESTYLE PPTYS INCCOM0.78%$9M137.2K
49EQHAXA EQUITABLE HLDGS INCCOM0.77%$9M172.2K
50AJGGALLAGHER ARTHUR J & COCOM0.76%$9M25.9K
51ACNACCENTURE PLC IRELANDSHS CLASS A0.73%$9M27.5K
52EGEVEREST GROUP LTDCOM0.71%$8M23.0K
53LOWLOWES COS INCCOM0.60%$7M30.3K
54BGCBGC GROUP INCCL A0.56%$7M720.0K
55AFLAFLAC INCCOM0.53%$6M55.6K
56TOSTTOAST INCCL A0.39%$5M139.1K
57TWFGTWFG INCCOM CL A0.39%$5M147.5K
58LPLALPL FINL HLDGS INCCOM0.35%$4M12.5K
59SPGSIMON PPTY GROUP INC NEWCOM0.34%$4M23.8K
60BHFBRIGHTHOUSE FINL INCCOM0.33%$4M67.2K
61HSTHOST HOTELS & RESORTS INCCOM0.32%$4M263.6K
62LNCLINCOLN NATL CORP INDCOM0.26%$3M85.0K
63DRHDIAMONDROCK HOSPITALITY COCOM0.14%$2M217.4K
64HRHEALTHCARE RLTY TRCOM0.07%$830,00049.1K

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 ↗.