Independence Realty Trust (IRT) stake cut to 2.18% by Long Pond group
Rhea-AI Filing Summary
Independence Realty Trust, Inc. is reported to have 5,127,246 shares of its common stock beneficially owned by Long Pond Capital, LP, Long Pond Capital GP, LLC and John Khoury, representing 2.18% of the outstanding class. These shares are held with shared voting and shared dispositive power, with no sole voting or dispositive power reported. Certain funds managed by Long Pond Capital, LP have the right to receive dividends and sale proceeds related to these shares. The reporting persons indicate that they now hold 5 percent or less of this class of securities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 5,127,246 shares
Percent of class: 2.18%
Shared voting power: 5,127,246 shares
+3 more
6 metrics
Shares beneficially owned
5,127,246 shares
Common stock of Independence Realty Trust reported by Long Pond group
Percent of class
2.18%
Portion of IRT common stock beneficially owned by reporting persons
Shared voting power
5,127,246 shares
Shares over which reporting persons share power to vote or direct the vote
Sole voting power
0 shares
Shares over which reporting persons have sole power to vote
Shared dispositive power
5,127,246 shares
Shares over which reporting persons share power to dispose
CUSIP
45378A106
CUSIP number for Independence Realty Trust common stock
Key Terms
beneficially owned, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 5,127,246"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
percent of class financial
"Item 4. | Ownership (b) | Percent of class: 2.18%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
investment manager financial
"Certain funds to which Long Pond LP serves as investment manager have the right"
FAQ
What ownership stake in IRT does Long Pond Capital report on this Schedule 13G/A?
Long Pond Capital and related reporting persons report beneficial ownership of 5,127,246 shares of Independence Realty Trust (IRT) common stock, representing 2.18% of the outstanding class, all held with shared voting and shared dispositive power.
Does Long Pond Capital control more than 5% of Independence Realty Trust (IRT)?
No. The reporting group states beneficial ownership of 2.18% of IRT’s common stock and confirms ownership of 5 percent or less of the class, indicating they are below the traditional 5% large-holder threshold.
Who are the reporting persons on this IRT Schedule 13G/A filing?
The filing lists Long Pond Capital, LP, Long Pond Capital GP, LLC, and John Khoury as reporting persons with respect to IRT common stock. Long Pond entities are organized in Delaware, and Mr. Khoury is described as the principal of Long Pond LP.
AI-generated analysis. How Rhea-AI works. Not financial advice.