Toronto-based Vision Capital Corp sold its entire stake in SL Green Realty (NYSE:SLG) during the third quarter, with an estimated transaction value of about $20.43 million as of September 30.<\/p>\n
Vision Capital Corp fully liquidated its SL Green Realty (NYSE:SLG) position in the third quarter, according to a filing with the Securities and Exchange Commission<\/a> dated November 13. The fund sold 330,000 shares in the period, reducing its SLG holdings to zero. The transaction value, based on quarterly average pricing, was $20.43 million. The position was previously 9.13% of the fund’s AUM as of the prior quarter.<\/p>\n Top holdings after the filing:<\/p>\n NYSE: SUI: $36.36 million (21.2% of AUM)<\/p>\n NASDAQ: EQIX: $35.30 million (20.6% of AUM)<\/p>\n NYSE: IVT: $31.65 million (18.4% of AUM)<\/p>\n NYSE: COLD: $24.47 million (14.2% of AUM)<\/p>\n NYSE: EGP: $18.79 million (10.9% of AUM)<\/p>\n As of Thursday, SLG shares were priced at $45.87, down 32% over the past year and well underperforming the S&P 500, which is instead up about 16% in the same period.<\/p>\n Metric<\/p>\n Value<\/p>\n Price (as of Thursday)<\/p>\n $45.87<\/p>\n Market Capitalization<\/p>\n $3.48 billion<\/p>\n Revenue (TTM)<\/p>\n $910.38 million<\/p>\n Dividend Yield<\/p>\n 6.7%<\/p>\n SL Green Realty Corp. is the largest office landlord in Manhattan, with a portfolio focused on high-value commercial properties. It operates as a real estate investment trust (REIT), acquiring and maximizing the value of commercial real estate assets.<\/p>\n SL Green is Manhattan\u2019s largest office landlord, and its latest quarter<\/a> showed tangible signs of stabilization in a tough market. Funds from operations came in at $1.58 per share in the third quarter, up from $1.13 a year earlier, while same-store occupancy climbed to 92.4%, with management guiding toward 93.2% by year-end. Leasing activity also picked up meaningfully, with more than 650,000 square feet signed during the quarter.<\/p>\n Yet the stock is down roughly 32% over the past year, reflecting persistent fears around office demand, refinancing risk, and long-term work-from-home dynamics. Vision Capital\u2019s exit suggests those concerns still outweigh incremental progress for some investors, especially funds that prefer cleaner secular tailwinds. Its remaining top holdings skew toward residential and industrial firms, areas with clearer demand visibility and steadier cash flows.<\/p>\n Ultimately, SL Green might remain a high-risk, high-reward call on a Manhattan office recovery that is proving uneven and slow. The business is executing, but sentiment hasn\u2019t caught up, and one investor is walking away for now.<\/p>\n Stake: The ownership interest or investment a fund or individual holds in a company. Ever feel like you missed the boat in buying the most successful stocks? Then you\u2019ll want to hear this.<\/p>\n On rare occasions, our expert team of analysts issues a \u201cDouble Down\u201d stock<\/a> recommendation\u00a0for companies that they think are about to pop. If you\u2019re worried you\u2019ve already missed your chance to invest, now is the best time to buy before it\u2019s too late. And the numbers speak for themselves:<\/p>\n Nvidia:\u00a0if you invested $1,000 when we doubled down in 2009,\u00a0you\u2019d have $483,730!*<\/p>\n Apple: if you invested $1,000 when we doubled down in 2008, you\u2019d have $51,719!*<\/p>\n Netflix: if you invested $1,000 when we doubled down in 2004, you\u2019d have $505,641!*<\/p>\n Right now, we\u2019re issuing \u201cDouble Down\u201d alerts for three incredible companies, available when you join\u00a0Stock Advisor, and there may not be another chance like this anytime soon.<\/p>\n See the 3 stocks \u00bb<\/a><\/p>\n *Stock Advisor returns as of December 29, 2025<\/p>\n Jonathan Ponciano<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Equinix. The Motley Fool recommends EastGroup Properties and Sun Communities. The Motley Fool has a disclosure policy<\/a>.<\/p>\n
13F reportable assets: Assets that institutional investment managers must disclose quarterly to the SEC if they exceed $100 million in U.S. equity holdings.
Assets under management (AUM): The total market value of investments managed on behalf of clients by a fund or institution.
Liquidated: Sold off an entire investment position, converting it to cash.
Quarterly average pricing: The average price of a security over a specific quarter, used to estimate transaction values.
Dividend yield: Annual dividends paid by a company divided by its share price, expressed as a percentage.
Real estate investment trust (REIT): A company that owns, operates, or finances income-producing real estate and distributes most income as dividends.
TTM: The 12-month period ending with the most recent quarterly report.<\/p>\n