Vision Capital Corp

TORONTO, A6 · CIK 1764403 · 13F filing filed 2024-02-13

Exempt reporting adviser since 2018 · corporation

$240.9m reported value +65.3% vs Q3 2023

12positions

93.4%in top 10

8 new 0 added 1 reduced 1 sold out vs Q3 2023

Options: 0 call positions (— notional), 1 put positions ($14.6m notional) – listed below, not included above.

Holdings, Q4 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SUN CMNTYS INC COM SUI	SUI	398,793	$53.3m22.13%	22.13%	Unchanged
2	FIRST INDL RLTY TR INC COM FR	FR	757,550	$39.9m16.57%	16.57%	Unchanged
3	VENTAS INC COM VTR	VTR	750,000	$37.4m15.52%	15.52%	Unchanged
4	HOST HOTELS & RESORTS INC COM HST	HST	1,121,000	$21.8m9.06%	9.06%	New
5	PROLOGIS INC. COM PLD	PLD	160,000	$21.3m8.85%	8.85%	New
6	M/I HOMES INC COM MHO	MHO	80,429	$11.1m4.60%	4.60%	New
7	MERITAGE HOMES CORP COM MTH	MTH	60,200	$10.5m4.35%	4.35%	New
8	D R HORTON INC COM DHI	DHI	66,500	$10.1m4.20%	4.20%	New
9	LENNAR CORP CL A LEN	LEN	66,300	$9.9m4.10%	4.10%	New
10	TRICON RESIDENTIAL INC COM NPV TCN	TCN	1,055,000	$9.6m3.99%	3.99%	New
11	KIMCO RLTY CORP COM KIM	KIM	450,000	$9.6m3.98%	3.98%	Reduced -100.0k	-100,000 -18.2%
12	JONES LANG LASALLE INC COM JLL	JLL	33,835	$6.4m2.65%	2.65%	New

Security	Ticker	Shares held before	Value then
AMERICAN HOMES 4 RENT AMH	AMH	627,968	$21.2m628.0k shares

Underlying	Ticker	Type	Shares controlled	Notional	Change
HILTON WORLDWIDE HLDGS INC HLT · Put	HLT	Put	80,000	$14.6m80.0k shares	New