Latest NORTHWOOD LIQUID MANAGEMENT LP Stock Portfolio

NORTHWOOD LIQUID MANAGEMENT LP Performance:

2025 Q4: -2.14%YTD: -1.76%2024: -2.31%

Performance for 2025 Q4 is -2.14%, and YTD is -1.76%, and 2024 is -2.31%.

About NORTHWOOD LIQUID MANAGEMENT LP and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, RUSH ISLAND MANAGEMENT, LP reported an equity portfolio of $1.6 Billions as of 31 Dec, 2025.

The top stock holdings of RUSH ISLAND MANAGEMENT, LP are SBAC, ESS, HR. The fund has invested 14.2% of it's portfolio in SBA COMMUNICATIONS CORP NEW and 10.4% of portfolio in ESSEX PPTY TR INC.

The fund managers got completely rid off HYATT HOTELS CORP (H), SUNSTONE HOTEL INVS INC NEW (SHO) and LINEAGE INC stocks. They significantly reduced their stock positions in VENTAS INC (VTR), KILROY RLTY CORP (KRC) and REALTY INCOME CORP (O). RUSH ISLAND MANAGEMENT, LP opened new stock positions in UDR INC (UDR), AMERICOLD REALTY TRUST INC (COLD) and NATIONAL STORAGE AFFILIATES (NSA). The fund showed a lot of confidence in some stocks as they added substantially to SIX FLAGS ENTERTAINMENT CORP, NNN REIT INC (NNN) and SBA COMMUNICATIONS CORP NEW (SBAC).

NORTHWOOD LIQUID MANAGEMENT LP Annual Return Estimates Vs S&P 500

Our best estimate is that RUSH ISLAND MANAGEMENT, LP made a return of -2.14% in the last quarter. In trailing 12 months, it's portfolio return was -1.76%.

Performance
S&P 500

New Buys

Ticker	$ Bought
udr inc	130,806,000
americold realty trust inc	37,662,600
national storage affiliates	33,787,600
smartstop self storag reit i	15,643,700

New stocks bought by NORTHWOOD LIQUID MANAGEMENT LP

Additions

Ticker	% Inc.
six flags entertainment corp	142
nnn reit inc	24.87
sba communications corp new	24.81
site ctrs corp	19.8
healthcare rlty tr	15.44
essex ppty tr inc	7.26
first indl rlty tr inc	1.25
curbline pptys corp	0.09

Additions to existing portfolio by NORTHWOOD LIQUID MANAGEMENT LP

Reductions

Ticker	% Reduced
ventas inc	-7.72
kilroy rlty corp	-5.66
realty income corp	-3.9
federal rlty invt tr new	-2.01

NORTHWOOD LIQUID MANAGEMENT LP reduced stake in above stock

Sold off

Ticker	$ Sold
sunstone hotel invs inc new	-34,745,200
hyatt hotels corp	-85,796,700
lineage inc	-19,857,100
hut 8 corp	-5,521,810

NORTHWOOD LIQUID MANAGEMENT LP got rid off the above stocks

Sector Distribution

RUSH ISLAND MANAGEMENT, LP has about 96.8% of it's holdings in Real Estate sector.

Sector	%
Real Estate	96.8
Others	3.2

Market Cap. Distribution

RUSH ISLAND MANAGEMENT, LP has about 47.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	47.8
MID-CAP	47.4
UNALLOCATED	3.2
SMALL-CAP	1.6

Stocks belong to which Index?

About 59.7% of the stocks held by RUSH ISLAND MANAGEMENT, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	55.9
Others	40.3
RUSSELL 2000	3.8

Top 5 Winners (%)		%
FR	first indl rlty tr inc	11.2 %
VTR	ventas inc	10.2 %
	curbline pptys corp	4.1 %
AKR	acadia rlty tr	1.9 %
SBAC	sba communications corp new	0.0 %

Top 5 Winners ($)		$
VTR	ventas inc	12.6 M
FR	first indl rlty tr inc	12.0 M
	curbline pptys corp	0.7 M
AKR	acadia rlty tr	0.7 M
SBAC	sba communications corp new	0.1 M

Top 5 Losers (%)		%
SITC	site ctrs corp	-27.0 %
	six flags entertainment corp	-25.4 %
KRC	kilroy rlty corp	-11.2 %
O	realty income corp	-7.1 %
NNN	nnn reit inc	-6.3 %

Top 5 Losers ($)		$
KRC	kilroy rlty corp	-13.2 M
NNN	nnn reit inc	-10.1 M
SITC	site ctrs corp	-9.5 M
HR	healthcare rlty tr	-9.1 M
O	realty income corp	-9.0 M

NORTHWOOD LIQUID MANAGEMENT LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of NORTHWOOD LIQUID MANAGEMENT LP

RUSH ISLAND MANAGEMENT, LP has 17 stocks in it's portfolio. About 88.5% of the portfolio is in top 10 stocks. KRC proved to be the most loss making stock for the portfolio. VTR was the most profitable stock for RUSH ISLAND MANAGEMENT, LP last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AKR	acadia rlty tr	2.21	1,718,820	35,304,500	unchanged	0.00

COLD	americold realty trust inc	2.35	2,928,660	37,662,600	new

ESS	essex ppty tr inc	10.42	637,211	166,745,000	added	7.26

FR	first indl rlty tr inc	7.44	2,079,540	119,095,000	added	1.25

FRT	federal rlty invt tr new	8.10	1,285,100	129,538,000	reduced	-2.01

H	hyatt hotels corp	0.00	0.00	0.00	sold off	-100

HR	healthcare rlty tr	9.54	9,007,900	152,684,000	added	15.44

KRC	kilroy rlty corp	6.15	2,633,920	98,429,600	reduced	-5.66

NNN	nnn reit inc	9.49	3,833,090	151,905,000	added	24.87

NSA	national storage affiliates	2.11	1,197,720	33,787,600	new

O	realty income corp	7.06	2,004,060	112,969,000	reduced	-3.9

SBAC	sba communications corp new	14.23	1,177,600	227,782,000	added	24.81

SHO	sunstone hotel invs inc new	0.00	0.00	0.00	sold off	-100

SITC	site ctrs corp	1.60	3,989,630	25,613,400	added	19.8

UDR	udr inc	8.17	3,566,130	130,806,000	new

VTR	ventas inc	7.90	1,633,460	126,397,000	reduced	-7.72

	six flags entertainment corp	1.13	1,181,230	18,120,100	added	142

	curbline pptys corp	1.11	768,327	17,832,900	added	0.09

	smartstop self storag reit i	0.98	505,613	15,643,700	new

	lineage inc	0.00	0.00	0.00	sold off	-100