Ventas, Inc.

Fundamental diversified ★Signal healthcare specialist (100%) CIK 740260
Long book
$80.0M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+25.7%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Ventas, Inc. is a diversified fundamental manager, specialised in healthcare (100% of the long book), running a $80.0M US long book across 1 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ARDENT HEALTH INC.

Over the last 4 quarters its long book ran on average 9.8pp per quarter behind the S&P 500, beating the index in 2 of 4 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-19.5%
Q3 2025
-33.4%
Q4 2025
-3.1%
Q1 2026
+25.7%

Sector allocation

Healthcare
100%

Long book by quarter

$159.6M
Q4 2024
$123.8M
Q3 2025
$82.5M
Q4 2025
$80.0M
Q1 2026

What does Ventas, Inc. own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ARDT ARDENT HEALTH INCHealthcare9.3M$80.0M100.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261$80.0M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261$82.5M canonicalSEC ↗
Q3 202513F-HRNov 14, 20251$123.8M canonicalSEC ↗
Q4 202413F-HRFeb 13, 20251$159.6M canonicalSEC ↗