Vision Capital Corp

TORONTO, A6 · CIK 1764403 · 13F filing filed 2026-05-14

Exempt reporting adviser since 2018 · corporation

$183.2m reported value +1.0% vs Q4 2025

9positions

100.0%in top 10

1 new 4 added 4 reduced 2 sold out vs Q4 2025

Options: 3 call positions ($42.8m notional), 2 put positions ($171.5m notional) – listed below, not included above.

Holdings, Q1 2026

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	330,796	$41.7m22.75%	22.75%	Added +47.5k	+47,462 16.8%
2	EQUINIX INC COM EQIX	EQIX	39,788	$39.0m21.29%	21.29%	Reduced -5.5k	-5,504 -12.2%
3	FIRST INDL RLTY TR INC COM FR	FR	483,844	$28.0m15.28%	15.28%	Added +199.9k	+199,925 70.4%
4	INVENTRUST PPTYS CORP COM NEW IVT	IVT	716,866	$21.8m11.92%	11.92%	Reduced -300.5k	-300,515 -29.5%
5	CUBESMART COM CUBE	CUBE	516,356	$18.9m10.33%	10.33%	Reduced -30.3k	-30,300 -5.5%
6	CBRE GROUP INC CL A CBRE	CBRE	108,211	$14.7m8.00%	8.00%	Added +37.0k	+36,963 51.9%
7	DIGITAL RLTY TR INC COM DLR	DLR	64,434	$11.6m6.34%	6.34%	Reduced -30.0k	-30,000 -31.8%
8	NEWMARK GROUP INC CL A NMRK	NMRK	261,995	$3.9m2.14%	2.14%	Added +22.4k	+22,429 9.4%
9	JANUS LIVING INC CL A-1 JAN	JAN	150,000	$3.5m1.93%	1.93%	New

Security	Ticker	Shares held before	Value then
KENNEDY-WILSON HOLDINGS INC KW	KW	1,309,261	$12.7m1.3m shares
AGREE RLTY CORP ADC	ADC	54,428	$3.9m54.4k shares

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	233,500	$151.9m233.5k shares	New
ISHARES TR IVW · Call	IVW	Call	239,700	$22.7m239.7k shares	New
EQUINIX INC EQIX · Put	EQIX	Put	20,000	$19.6m20.0k shares	Reduced
AMERICOLD REALTY TRUST INC COLD · Call	COLD	Call	1,070,000	$12.3m1.1m shares	New
EQUITY LIFESTYLE PPTYS INC ELS · Call	ELS	Call	126,000	$7.9m126.0k shares	New