# EDGAR Filing Document

**Accession Number:** 0001499066
**File Stem:** 0001172661-25-004081
**Filing Date:** 2025-8
**Character Count:** 31553
**Document Hash:** 14eb8587c3b472893f3a71784af26246
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-004081.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001172661-25-004081

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Long Pond Capital, LP
- **CENTRAL INDEX KEY:** 0001499066

**ORGANIZATION NAME:**
- **EIN:** 273090149
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14852
- **FILM NUMBER:** 251280969

**BUSINESS ADDRESS:**
- **STREET 1:** 527 MADISON AVENUE
- **STREET 2:** 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212.351.1950

**MAIL ADDRESS:**
- **STREET 1:** 527 MADISON AVENUE
- **STREET 2:** 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001499066

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Long Pond Capital, LP

**Address:** 527 MADISON AVENUE, NEW YORK, NY 10022

**Telephone number:** 212-351-1953

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-14852

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                              | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                        | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Agree Realty Corporation                    | 008492100 | 05/15/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        1421072 |                0 | FOR         |                                  1421072 | FOR                         |  |
| Agree Realty Corporation                    | 008492100 | 05/15/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         581101 |                0 | FOR         |                                   581101 | FOR                         |  |
| American Homes 4 Rent                       | 02665T306 | 05/07/2025     | Advisory Vote to Approve American Homes 4 Rent's Named Executive Officer Compensation.                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         204385 |                0 | FOR         |                                   204385 | FOR                         |  |
| American Homes 4 Rent                       | 02665T306 | 05/07/2025     | Advisory Vote to Approve American Homes 4 Rent's Named Executive Officer Compensation.                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          85615 |                0 | FOR         |                                    85615 | FOR                         |  |
| Apartment Investment and Management Company | 03748R747 | 06/10/2025     | To conduct an advisory vote on executive compensation.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          48755 |                0 | FOR         |                                    48755 | FOR                         |  |
| Apartment Investment and Management Company | 03748R747 | 06/10/2025     | To conduct an advisory vote on executive compensation.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         363827 |                0 | FOR         |                                   363827 | FOR                         |  |
| Caesars Entertainment, Inc.                 | 12769G100 | 06/10/2025     | COMPANY PROPOSAL: ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           2129 |                0 | AGAINST     |                                     2129 | AGAINST                     |  |
| Caesars Entertainment, Inc.                 | 12769G100 | 06/10/2025     | COMPANY PROPOSAL: ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |            818 |                0 | AGAINST     |                                      818 | AGAINST                     |  |
| Camden Property Trust                       | 133131102 | 05/09/2025     | Approval, by an advisory vote, of executive compensation.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          51031 |                0 | FOR         |                                    51031 | FOR                         |  |
| Camden Property Trust                       | 133131102 | 05/09/2025     | Approval, by an advisory vote, of executive compensation.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         140959 |                0 | FOR         |                                   140959 | FOR                         |  |
| CubeSmart                                   | 229663109 | 05/20/2025     | To cast an advisory vote to approve our executive compensation.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         105564 |                0 | FOR         |                                   105564 | FOR                         |  |
| CubeSmart                                   | 229663109 | 05/20/2025     | To cast an advisory vote to approve our executive compensation.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         456121 |                0 | FOR         |                                   456121 | FOR                         |  |
| Elme Communities                            | 939653101 | 05/29/2025     | To consider and vote on a non-binding, advisory basis upon the compensation of the named executive officers (say-on-pay)                                                                                | SECTION 14A SAY-ON-PAY VOTES |         180965 |                0 | FOR         |                                   180965 | FOR                         |  |
| Elme Communities                            | 939653101 | 05/29/2025     | To consider and vote on a non-binding, advisory basis upon the compensation of the named executive officers (say-on-pay)                                                                                | SECTION 14A SAY-ON-PAY VOTES |          69554 |                0 | FOR         |                                    69554 | FOR                         |  |
| Forestar Group Inc.                         | 346232101 | 01/20/2025     | Approval of the advisory resolution on Forestar's executive compensation.                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          15905 |                0 | FOR         |                                    15905 | FOR                         |  |
| Forestar Group Inc.                         | 346232101 | 01/20/2025     | Approval of the advisory resolution on Forestar's executive compensation.                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          38895 |                0 | FOR         |                                    38895 | FOR                         |  |
| Golden Entertainment, Inc.                  | 381013101 | 05/22/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement (the "Say on Pay Proposal");                             | SECTION 14A SAY-ON-PAY VOTES |          11743 |                0 | FOR         |                                    11743 | FOR                         |  |
| Golden Entertainment, Inc.                  | 381013101 | 05/22/2025     | To conduct a non-binding advisory vote on the frequency of holding future non-binding advisory votes on the compensation of our named executive officers (the "Say on Frequency Proposal");             | SECTION 14A SAY-ON-PAY VOTES |          11743 |                0 | 1-YEAR      |                                    11743 | FOR                         |  |
| Golden Entertainment, Inc.                  | 381013101 | 05/22/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement (the "Say on Pay Proposal");                             | SECTION 14A SAY-ON-PAY VOTES |          28051 |                0 | FOR         |                                    28051 | FOR                         |  |
| Golden Entertainment, Inc.                  | 381013101 | 05/22/2025     | To conduct a non-binding advisory vote on the frequency of holding future non-binding advisory votes on the compensation of our named executive officers (the "Say on Frequency Proposal");             | SECTION 14A SAY-ON-PAY VOTES |          28051 |                0 | 1-YEAR      |                                    28051 | FOR                         |  |
| Hilton Grand Vacations Inc.                 | 43283X105 | 05/07/2025     | Approve by non-binding vote the compensation paid to the Company's named executive officers.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         525255 |                0 | FOR         |                                   525255 | FOR                         |  |
| Hilton Grand Vacations Inc.                 | 43283X105 | 05/07/2025     | Approve by non-binding vote the compensation paid to the Company's named executive officers.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          48718 |                0 | FOR         |                                    48718 | FOR                         |  |
| Hilton Worldwide Holdings Inc.              | 43300A203 | 05/14/2025     | Approval, in a non-binding advisory vote, of the compensation paid to the named executive officers.                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          64824 |                0 | FOR         |                                    64824 | FOR                         |  |
| Hilton Worldwide Holdings Inc.              | 43300A203 | 05/14/2025     | Approval, in a non-binding advisory vote, of the compensation paid to the named executive officers.                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          27137 |                0 | FOR         |                                    27137 | FOR                         |  |
| Hudson Pacific Properties, Inc.             | 444097109 | 05/14/2025     | The advisory approval of the Company's executive compensation for the fiscal year ended December 31, 2024, as more fully disclosed in the accompanying Proxy Statement.                                 | SECTION 14A SAY-ON-PAY VOTES |          17623 |                0 | AGAINST     |                                    17623 | AGAINST                     |  |
| Hudson Pacific Properties, Inc.             | 444097109 | 05/14/2025     | The advisory approval of the Company's executive compensation for the fiscal year ended December 31, 2024, as more fully disclosed in the accompanying Proxy Statement.                                 | SECTION 14A SAY-ON-PAY VOTES |           7377 |                0 | AGAINST     |                                     7377 | AGAINST                     |  |
| Hyatt Hotels Corporation                    | 448579102 | 05/21/2025     | Approval, on an advisory basis, of the compensation paid to our named executive officers as disclosed pursuant to the Securities and Exchange Commission's compensation disclosure rules.               | SECTION 14A SAY-ON-PAY VOTES |        1013369 |                0 | FOR         |                                  1013369 | FOR                         |  |
| Hyatt Hotels Corporation                    | 448579102 | 05/21/2025     | Approval, on an advisory basis, of the compensation paid to our named executive officers as disclosed pursuant to the Securities and Exchange Commission's compensation disclosure rules.               | SECTION 14A SAY-ON-PAY VOTES |         275335 |                0 | FOR         |                                   275335 | FOR                         |  |
| JBG SMITH Properties                        | 46590V100 | 04/24/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's Proxy Statement ("Say-on-Pay").                                   | SECTION 14A SAY-ON-PAY VOTES |        5830854 |                0 | FOR         |                                  5830854 | FOR                         |  |
| JBG SMITH Properties                        | 46590V100 | 04/24/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's Proxy Statement ("Say-on-Pay").                                   | SECTION 14A SAY-ON-PAY VOTES |         165538 |                0 | FOR         |                                   165538 | FOR                         |  |
| JBG SMITH Properties                        | 46590V100 | 04/24/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's Proxy Statement ("Say-on-Pay").                                   | SECTION 14A SAY-ON-PAY VOTES |         404815 |                0 | FOR         |                                   404815 | FOR                         |  |
| Kilroy Realty Corporation                   | 49427F108 | 05/20/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          81384 |                0 | FOR         |                                    81384 | FOR                         |  |
| Kilroy Realty Corporation                   | 49427F108 | 05/20/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          34086 |                0 | FOR         |                                    34086 | FOR                         |  |
| Kite Realty Group Trust                     | 49803T300 | 05/16/2025     | To approve, on an advisory (non-binding) basis, the compensation of Kite Realty Group Trust's named executive officers.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        1652030 |                0 | FOR         |                                  1652030 | FOR                         |  |
| Kite Realty Group Trust                     | 49803T300 | 05/16/2025     | To approve, on an advisory (non-binding) basis, the compensation of Kite Realty Group Trust's named executive officers.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         798594 |                0 | FOR         |                                   798594 | FOR                         |  |
| Lennar Corporation                          | 526057104 | 04/09/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          71846 |                0 | FOR         |                                    71846 | FOR                         |  |
| Lennar Corporation                          | 526057104 | 04/09/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         377207 |                0 | FOR         |                                   377207 | FOR                         |  |
| Marriott Vacations Worldwide Corporation    | 57164Y107 | 05/13/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          51244 |                0 | FOR         |                                    51244 | FOR                         |  |
| Marriott Vacations Worldwide Corporation    | 57164Y107 | 05/13/2025     | Advisory vote on the frequency of future advisory votes on executive compensation.                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          51244 |                0 | 1-YEAR      |                                    51244 | FOR                         |  |
| Marriott Vacations Worldwide Corporation    | 57164Y107 | 05/13/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         122335 |                0 | FOR         |                                   122335 | FOR                         |  |
| Marriott Vacations Worldwide Corporation    | 57164Y107 | 05/13/2025     | Advisory vote on the frequency of future advisory votes on executive compensation.                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         122335 |                0 | 1-YEAR      |                                   122335 | FOR                         |  |
| NNN REIT, Inc.                              | 637417106 | 05/13/2025     | Non-binding advisory approval of the compensation of our named executive officers as described in this Proxy Statement.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         122084 |                0 | FOR         |                                   122084 | FOR                         |  |
| NNN REIT, Inc.                              | 637417106 | 05/13/2025     | Non-binding advisory approval of the compensation of our named executive officers as described in this Proxy Statement.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         985390 |                0 | FOR         |                                   985390 | FOR                         |  |
| Paramount Group, Inc.                       | 69924R108 | 05/15/2025     | Approval, on a non-binding advisory basis, of our named executive officer compensation.                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        8124581 |                0 | AGAINST     |                                  8124581 | AGAINST                     |  |
| Paramount Group, Inc.                       | 69924R108 | 05/15/2025     | Approval, on a non-binding advisory basis, of our named executive officer compensation.                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        3253900 |                0 | AGAINST     |                                  3253900 | AGAINST                     |  |
| Red Rock Resorts, Inc.                      | 75700L108 | 06/05/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          37920 |                0 | AGAINST     |                                    37920 | AGAINST                     |  |
| Red Rock Resorts, Inc.                      | 75700L108 | 06/05/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         648120 |                0 | AGAINST     |                                   648120 | AGAINST                     |  |
| Rexford Industrial Realty, Inc.             | 76169C100 | 06/03/2025     | The advisory resolution to approve the Company's named executive officer compensation for the fiscal year ended December 31, 2024, as described in the Rexford Industrial Realty, Inc. Proxy Statement. | SECTION 14A SAY-ON-PAY VOTES |             19 |                0 | FOR         |                                       19 | FOR                         |  |
| Rexford Industrial Realty, Inc.             | 76169C100 | 06/03/2025     | The advisory resolution to approve the Company's named executive officer compensation for the fiscal year ended December 31, 2024, as described in the Rexford Industrial Realty, Inc. Proxy Statement. | SECTION 14A SAY-ON-PAY VOTES |              7 |                0 | FOR         |                                        7 | FOR                         |  |
| Six Flags Entertainment Corporation         | 83001C108 | 06/25/2025     | Advisory approval of our named executive officer compensation;                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        1556277 |                0 | FOR         |                                  1556277 | FOR                         |  |
| Six Flags Entertainment Corporation         | 83001C108 | 06/25/2025     | Advisory vote regarding the frequency of stockholder advisory votes on executive compensation.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        1556277 |                0 | 1-YEAR      |                                  1556277 | FOR                         |  |
| Six Flags Entertainment Corporation         | 83001C108 | 06/25/2025     | Advisory approval of our named executive officer compensation;                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          34736 |                0 | FOR         |                                    34736 | FOR                         |  |
| Six Flags Entertainment Corporation         | 83001C108 | 06/25/2025     | Advisory vote regarding the frequency of stockholder advisory votes on executive compensation.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          34736 |                0 | 1-YEAR      |                                    34736 | FOR                         |  |
| Taylor Morrison Home Corporation            | 87724P106 | 05/22/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         182247 |                0 | FOR         |                                   182247 | FOR                         |  |
| Taylor Morrison Home Corporation            | 87724P106 | 05/22/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         438677 |                0 | FOR         |                                   438677 | FOR                         |  |
| The Macerich Company                        | 554382101 | 06/02/2025     | Advisory vote to approve our named executive officer compensation as described in our Proxy Statement.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           2715 |                0 | FOR         |                                     2715 | FOR                         |  |
| The Macerich Company                        | 554382101 | 06/02/2025     | Advisory vote to approve our named executive officer compensation as described in our Proxy Statement.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           6487 |                0 | FOR         |                                     6487 | FOR                         |  |
| TPG RE Finance Trust, Inc.                  | 87266M107 | 05/20/2025     | Advisory Vote on Executive Compensation: To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.                                                      | SECTION 14A SAY-ON-PAY VOTES |        2132881 |                0 | FOR         |                                  2132881 | FOR                         |  |
| TPG RE Finance Trust, Inc.                  | 87266M107 | 05/20/2025     | Advisory Vote on Executive Compensation: To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.                                                      | SECTION 14A SAY-ON-PAY VOTES |        5170745 |                0 | FOR         |                                  5170745 | FOR                         |  |
| Vornado Realty Trust                        | 929042109 | 05/22/2025     | NON-BINDING, ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION.                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           1632 |                0 | FOR         |                                     1632 | FOR                         |  |
| Vornado Realty Trust                        | 929042109 | 05/22/2025     | NON-BINDING, ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION.                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           3899 |                0 | FOR         |                                     3899 | FOR                         |  |
| Wyndham Hotels  Resorts, Inc.               | 98311A105 | 05/15/2025     | To vote on an advisory resolution to approve our executive compensation program.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          36044 |                0 | FOR         |                                    36044 | FOR                         |  |
| Wyndham Hotels  Resorts, Inc.               | 98311A105 | 05/15/2025     | To vote on an advisory resolution on the frequency of the advisory vote on named executive officer compensation.                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          36044 |                0 | 1-YEAR      |                                    36044 | FOR                         |  |
| Wyndham Hotels  Resorts, Inc.               | 98311A105 | 05/15/2025     | To vote on an advisory resolution to approve our executive compensation program.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          86105 |                0 | FOR         |                                    86105 | FOR                         |  |
| Wyndham Hotels  Resorts, Inc.               | 98311A105 | 05/15/2025     | To vote on an advisory resolution on the frequency of the advisory vote on named executive officer compensation.                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          86105 |                0 | 1-YEAR      |                                    86105 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Long Pond Capital, LP

**By (Signature):** Daniel E. Karp

**By (Printed Signature):** Daniel E. Karp

**By (Title):** General Counsel and Chief Compliance Officer

**Date:** 08/29/2025