SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Gillson Capital LP

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

Reported Value
$1.3B
Q2 2025
Positions
71
Filings on Record
30
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Gillson Capital LP reported $1.3B in U.S.-listed holdings across 71 positions for Q2 2025.

Its largest position, MA, represents 4.3% of the portfolio.

Compared with Q1 2025, the fund opened 40 new positions and exited 33.

Portfolio Metrics

Turnover
+50.5%
vs prior filed quarter
Top-10 Concentration
+32.0%
share of reported value
Largest Position
+4.3%
Mastercard Incorporated
New / Exited
40 / 33
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: 62.8%REIT: 36.6%Other: 0.4%ETP: 0.3%
  • Common Stock · 62.8% · $822M
  • REIT · 36.6% · $479M
  • Other · 0.4% · $5M
  • ETP · 0.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BROBROWN & BROWN INCNEW+456.9K456.9K+$51M$51M
IRMIRON MTN INC DELNEW+369.1K369.1K+$38M$38M
BLKBLACKROCK INCNEW+35.0K35.0K+$37M$37M
NDAQNASDAQ INCNEW+377.8K377.8K+$34M$34M
CGCARLYLE GROUP INCNEW+544.2K544.2K+$28M$28M
WPCWP CAREY INCNEW+437.9K437.9K+$27M$27M
SPGIS&P GLOBAL INCNEW+47.4K47.4K+$25M$25M
INTUINTUITNEW+30.3K30.3K+$24M$24M

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

Holdings — Q2 2025

71 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMASTERCARD INCORPORATEDhistory →CL A4.31%$56M100.5K
2BROBROWN & BROWN INChistory →COM3.87%$51M456.9K
3AIZASSURANT INChistory →COM3.34%$44M221.3K
4INVHINVITATION HOMES INChistory →COM3.33%$44M1.33M
5AMTAMERICAN TOWER CORP NEWhistory →COM3.06%$40M181.4K
6WELLWELLTOWER INChistory →COM2.95%$39M251.0K
7IRMIRON MTN INC DELhistory →COM2.89%$38M369.1K
8ESSESSEX PPTY TR INChistory →COM2.82%$37M130.2K
9BLKBLACKROCK INChistory →COM2.80%$37M35.0K
10SBRASABRA HEALTH CARE REIT INChistory →COM2.61%$34M1.85M
11NDAQNASDAQ INChistory →COM2.58%$34M377.8K
12MCOMOODYS CORPhistory →COM2.54%$33M66.2K
13ENSGENSIGN GROUP INChistory →COM2.48%$33M210.8K
14AONAON PLChistory →SHS CL A2.48%$32M90.9K
15PCTYPAYLOCITY HLDG CORPhistory →COM2.42%$32M174.9K
16CBOECBOE HOLDINGS INChistory →COM2.26%$30M126.7K
17CSGPCOSTAR GROUP INChistory →COM2.19%$29M356.9K
18HRHEALTHCARE RLTY TRhistory →COM2.17%$28M1.79M
19CGCARLYLE GROUP INChistory →COM2.14%$28M544.2K
20WPCWP CAREY INChistory →COM2.09%$27M437.9K
21EQHAXA EQUITABLE HLDGS INChistory →COM2.08%$27M486.3K
22SPGIS&P GLOBAL INChistory →COM1.91%$25M47.4K
23EXREXTRA SPACE STORAGE INChistory →COM1.86%$24M164.9K
24EGPEASTGROUP PPTYS INChistory →COM1.84%$24M144.0K
25INTUINTUIThistory →COM1.82%$24M30.3K
26CTRECARETRUST REIT INChistory →COM1.71%$22M730.7K
27ICEINTERCONTINENTAL EXCHANGE INhistory →COM1.68%$22M119.6K
28JKHYHENRY JACK & ASSOC INChistory →COM1.59%$21M115.8K
29KKRKKR & CO INChistory →COM1.51%$20M148.6K
30XYZBLOCK INChistory →CL A1.45%$19M280.4K
31AIGAMERICAN INTL GROUP INChistory →COM NEW1.45%$19M221.6K
32TRUTRANSUNIONhistory →COM1.45%$19M215.3K
33RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW1.44%$19M94.9K
34KMPRKEMPER CORPhistory →COM1.44%$19M291.6K
35BGCBGC GROUP INChistory →CL A1.42%$19M1.81M
36CINFCINCINNATI FINL CORPhistory →COM1.38%$18M121.3K
37RHPRYMAN HOSPITALITY PPTYS INChistory →COM1.36%$18M180.3K
38MARMARRIOTT INTL INC NEWhistory →CL A1.21%$16M58.1K
39SPGSIMON PPTY GROUP INC NEWhistory →COM1.11%$14M90.1K
40SLGSL GREEN RLTY CORPhistory →COM1.08%$14M227.8K
41SMASMARTSTOP SELF STORAG REIT Ihistory →COMMON STOCK1.03%$13M372.5K
42APLEAPPLE HOSPITALITY REIT INChistory →COM NEW1.03%$13M1.16M
43STAGSTAG INDL INChistory →COM1.02%$13M367.3K
44BRXBRIXMOR PPTY GROUP INChistory →COM0.87%$11M439.4K
45AXPAMERICAN EXPRESS COhistory →COM0.84%$11M34.3K
46DLRDIGITAL RLTY TR INChistory →COM0.78%$10M58.8K
47CTSHCOGNIZANT TECHNOLOGY SOLUTIOCL A0.67%$9M111.8K
48COFCAPITAL ONE FINL CORPCOM0.65%$9M40.0K
49EPRTESSENTIAL PPTYS RLTY TR INCCOM0.57%$7M233.3K
50PFGPRINCIPAL FINL GROUP INCCOM0.57%$7M93.5K
51ECLECOLAB INCCOM0.53%$7M25.8K
52AFGAMERICAN FINL GROUP INC OHIOCOM0.48%$6M49.8K
53AJGGALLAGHER ARTHUR J & COCOM0.46%$6M18.7K
54AFLAFLAC INCCOM0.45%$6M56.4K
55WEXWEX INCCOM0.41%$5M36.4K
56AFRMAFFIRM HLDGS INCCOM CL A0.40%$5M75.8K
57TWFGTWFG INCCOM CL A0.39%$5M147.5K
58ASPEN INSURANCE HOLDINGS LTDSHS0.36%$5M150.0K
59TRVTRAVELERS COMPANIES INCCOM0.32%$4M15.5K
60XLFSELECT SECTOR SPDR TRSBI INT-FINL0.31%$4M77.0K
61ESRTEMPIRE ST RLTY TR INCCL A0.27%$4M437.6K
62AIIAMERICAN INTEGRITY INS GROUPCOM0.25%$3M175.0K
63SOFISOFI TECHNOLOGIES INCCOM0.20%$3M142.0K
64UPSTUPSTART HLDGS INCCOM0.17%$2M35.0K
65UNMUNUM GROUPCOM0.17%$2M27.0K
66THGHANOVER INS GROUP INCCOM0.16%$2M12.5K
67CIFRCIPHER MINING INCCOM0.16%$2M429.2K
68IRENIREN LIMITEDORDINARY SHARES0.15%$2M137.0K
69DRHDIAMONDROCK HOSPITALITY COCOM0.14%$2M240.9K
70JCAPJEFFERSON CAPITAL INCCOM0.08%$1M55.0K
71SLDESLIDE INS HLDGS INCCOM0.03%$433,00020.0K

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 ↗.