Rush Island Management, LP
CIK:0001736465
Hedge Fund
$2B AUM
18 holdings
New York, NY, United States
Founded:2017
7 employees
Latest filing:Jun 30, 2025
Rush Island Management, LP (RIM) is a New York-based, Delaware limited partnership investment adviser founded in 2017. The firm primarily serves institutional clients and manages investment portfolios, focusing on public equity markets. According to public filings, it operates with a small team, reported as having 7 employees as of 2025.
Investment Strategy
Rush Island Management, LP manages concentrated portfolios mainly in publicly traded real estate investment trusts (REITs) and related securities. The firm employs fundamental research and value-oriented strategies to identify opportunities predominantly in the U.S. real estate sector, maintaining a focused selection of positions with active monitoring and periodic rebalancing based on market conditions.
Top Buys
F
FUNSIX FLAGS ENTERTAINMENT CORP+$115.5M
F
FRFIRST INDL RLTY TR INC+$79.9M
E
EQIXEQUINIX INC+$41.5M
H
HHYATT HOTELS CORP+$28.6M
C
CORZCORE SCIENTIFIC INC NEW+$20.8M
Top Sells
R
REXRREXFORD INDL RLTY INC-$121.1M
C
CUZCOUSINS PPTYS INC-$80.9M
B
BKDBROOKDALE SR LIVING INC-$40.5M
H
HSTHOST HOTELS & RESORTS INC-$40.0M
S
SBACSBA COMMUNICATIONS CORP NEW-$35.9M
Top Holdings
H
HRHEALTHCARE RLTY TR+14.6%$226.2M
V
VTRVENTAS INC+10.5%$162.7M
F
FRTFEDERAL RLTY INVT TR NEW+9.8%$152.5M
N
NNNNNN REIT INC+9.2%$142.5M
K
KRCKILROY RLTY CORP+9.0%$139.0M
Equity Positions (17)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HR | HEALTHCARE RLTY TR | 14.59% | $226.2M | 14,260,152 | $16.83 | $15.86 | +$14.4M |
V VTR | VENTAS INC | 10.50% | $162.7M | 2,576,620 | $51.99 | $63.15 | -$25.4M |
F FRT | FEDERAL RLTY INVT TR NEW | 9.84% | $152.5M | 1,605,736 | $101.29 | $94.99 | +$13.9M |
N NNN | NNN REIT INC | 9.20% | $142.5M | 3,300,053 | $42.65 | $43.18 | +$1.5M |
K KRC | KILROY RLTY CORP | 8.97% | $139.0M | 4,050,074 | $37.45 | $34.31 | -$6.5M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
C CORZ | CORE SCIENTIFIC INC NEW | New | Call | $13.8M | 8,108 | $17.07 | $17.07 | +8,108 | +$13.8M |
Industry Allocation
REAL ESTATE INVESTMENT TRUSTS
+85.0%
SERVICES-AMUSEMENT & RECREATION SERVICES
+7.5%
SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION
+7.5%
HOTELS & MOTELS
+4.5%
FINANCE SERVICES
+2.2%