Conversant Capital LLC
Follow13F filer, CIK 1850901, SUMMIT, NJ
Conversant Capital LLC reported $921,186,887 across 19 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 95.64% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001850901-24-000012
- Period
- 2024-09-30
- Reported value
- $921M
- Holdings
- 19
- Top 10 weight
- 95.64%
- New
- 9
- Sold out
- 7
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SNDAadded | +1,850,000 | $49.5M |
| RITMnew | +3,395,000 | $38.5M |
| SILAadded | +1,438,471 | $36.4M |
| SITCnew | +572,500 | $34.6M |
| JLLnew | +60,000 | $16.2M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SITE CENTERS CORPexited | -2,150,000 | -$31.2M |
| CZRexited | -560,000 | -$22.3M |
| FRexited | -400,000 | -$19M |
| CORZexited | -1,950,000 | -$18.1M |
| PFSIreduced | -99,000 | -$11.3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0001850901-24-000012, largest first. % of portfolio is the value over $535,553,797, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| SNDASONIDA SENIOR LIVING INC | 9,060,877 | $242M | 45.24% | +1,850,000 | Timeline | ||
| SILASILA REALTY TRUST INC | 1,808,481 | $45.7M | 8.54% | +1,438,471 | Timeline | ||
| RITMRITHM CAPITAL CORP | 3,395,000 | $38.5M | 7.2% | new | Timeline | ||
| THTARGET HOSPITALITY CORP | 4,789,046 | $37.3M | 6.96% | +251,846 | Timeline | ||
| SITCSITE CTRS CORP | 572,500 | $34.6M | 6.47% | new | Timeline | ||
| COLDAMERICOLD REALTY TRUST INC | 1,139,000 | $32.2M | 6.01% | +195,000 | Timeline | ||
| NPKINPK INTERNATIONAL INC | 3,956,852 | $27.4M | 5.12% | 0 | Timeline | ||
| PFSIPENNYMAC FINL SVCS INC NEW | 200,000 | $22.8M | 4.26% | -99,000 | Timeline | ||
| JLLJONES LANG LASALLE INC | 60,000 | $16.2M | 3.02% | new | Timeline | ||
| BRSPBRIGHTSPIRE CAPITAL INC | 2,701,223 | $15.1M | 2.82% | new | Timeline | ||
| NMIHNMI HLDGS INC | 345,550 | $14.2M | 2.66% | -189,450 | Timeline | ||
| AHRTAH RLTY TR INC | 420,000 | $4.55M | 0.85% | new | Timeline | ||
| UHGUNITED HOMES GROUP INC | 535,173 | $3.29M | 0.61% | 0 | Timeline | ||
| ARDTARDENT HEALTH INC | 70,917 | $1.3M | 0.24% | new | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SITE CENTERS CORPSITE CENTERS CORP | 2,150,000 | $31.2M | shares |
| CZRCAESARS ENTERTAINMENT INC NE | 560,000 | $22.3M | shares |
| FRFIRST INDL RLTY TR INC | 400,000 | $19M | shares |
| CORZCORE SCIENTIFIC INC NEW | 1,950,000 | $18.1M | shares |
| CCOCLEAR CHANNEL OUTDOOR HLDGS | 6,925,256 | $9.76M | shares |
| NEW YORK COMMUNITY BANCORPNEW YORK COMMUNITY BANCORP | 701,000 | $6.77M | call |
| IRENIREN LIMITED | 300,000 | $3.39M | shares |
How Q3 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001850901-24-000012 | base | 2024-11-14 | acceptance time not in the bulk data set |