LDR Capital Management LLC Diversified Active

Location: New York, NY

CIK: 0001566089 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value: $219M (94.7% shares, 5.3% debt)

Holdings (43)

— SL GREEN RLTY CORP 19.8%

Value $43.46M Shares 606,158 Est. Cost $70.14 Unrealized —

BXMT BLACKSTONE MTG TR INC 12.4%

Value $27.07M Shares 883,925 Est. Cost $27.37 Unrealized —

— RPT REALTY 6.6%

Value $14.56M Shares 247,238 Est. Cost $58.91 Unrealized —

— EPR PPTYS 5.7%

Value $12.45M Shares 486,639 Est. Cost $25.58 Unrealized —

— MGM GROWTH PPTYS LLC 4.8%

Value $10.6M Shares 259,524 Est. Cost $38.30 Unrealized —

PLYM PLYMOUTH INDL REIT INC 4.5%

Value $9.788M Shares 305,886 Est. Cost $18.67 Unrealized —

VTR VENTAS INC 4.4%

Value $9.55M Shares 186,811 Est. Cost $45.11 Unrealized 0.0%

COLD AMERICOLD RLTY TR 4.2%

Value $9.117M Shares 278,047 Est. Cost $36.02 Unrealized —

— RLJ LODGING TR 3.6%

Value $7.925M Shares 275,563 Est. Cost $28.76 Unrealized —

RMR RMR GROUP INC 3.6%

Value $7.872M Shares 226,996 Est. Cost $24.09 Unrealized +3.3%

GNL GLOBAL NET LEASE INC 3.4%

Value $7.452M Shares 487,700 Est. Cost $18.15 Unrealized —

OPITQ OFFICE PPTYS INCOME TR 3.0%

Value $6.529M Shares 262,859 Est. Cost $24.96 Unrealized —

— GRANITE PT MTG TR INC 3.0%

Value $6.47M Shares 6,348,000 Est. Cost $0.94 Unrealized —

CCI CROWN CASTLE INTL CORP NEW 2.7%

Value $5.938M Shares 28,449 Est. Cost $128.64 Unrealized +16.6%

RLJ RLJ LODGING TR 2.5%

Value $5.467M Shares 392,430 Est. Cost $15.24 Unrealized —

PSTL POSTAL REALTY TRUST INC 2.5%

Value $5.382M Shares 271,826 Est. Cost $19.80 Unrealized —

— EPR PPTYS 2.4%

Value $5.279M Shares 147,672 Est. Cost $35.75 Unrealized —

— PLAYA HOTELS & RESORTS NV 2.3%

Value $5.061M Shares 634,297 Est. Cost $7.30 Unrealized —

— ACRES COMMERCIAL REALTY CORP 1.6%

Value $3.476M Shares 3,485,000 Est. Cost $0.91 Unrealized —

— BRAEMAR HOTELS & RESORTS INC 1.3%

Value $2.787M Shares 133,998 Est. Cost $20.80 Unrealized —

— CORENERGY INFRASTRUCTURE TR 0.8%

Value $1.772M Shares 1,905,000 Est. Cost $0.74 Unrealized —

— CITY OFFICE REIT INC 0.4%

Value $780K Shares 39,579 Est. Cost $13.58 Unrealized —

— CEDAR REALTY TRUST INC 0.3%

Value $734K Shares 29,242 Est. Cost $22.24 Unrealized —

— HEALTHCARE TR AMER INC 0.3%

Value $697K Shares 20,863 Est. Cost $28.06 Unrealized —

— HEALTHCARE RLTY TR 0.3%

Value $607K Shares 19,165 Est. Cost $30.46 Unrealized —

— URSTADT BIDDLE PPTYS INC 0.3%

Value $554K Shares 26,010 Est. Cost $19.43 Unrealized —

— SPIRIT RLTY CAP INC NEW 0.2%

Value $543K Shares 11,263 Est. Cost $43.33 Unrealized —

HIW HIGHWOODS PPTYS INC 0.2%

Value $536K Shares 12,024 Est. Cost $43.05 Unrealized —

AKR ACADIA RLTY TR 0.2%

Value $530K Shares 24,283 Est. Cost $20.18 Unrealized —

— RPT REALTY 0.2%

Value $520K Shares 39,229 Est. Cost $12.95 Unrealized —

AHRT ARMADA HOFFLER PPTYS INC 0.2%

Value $504K Shares 33,105 Est. Cost $13.29 Unrealized —

CTO CTO RLTY GROWTH INC NEW 0.2%

Value $502K Shares 8,179 Est. Cost $61.38 Unrealized —

KRC KILROY RLTY CORP 0.2%

Value $501K Shares 7,540 Est. Cost $65.72 Unrealized —

BXP BOSTON PROPERTIES INC 0.2%

Value $491K Shares 4,262 Est. Cost $77.05 Unrealized +19.1%

EXPE EXPEDIA GROUP INC 0.2%

Value $475K Shares 2,625 Est. Cost $168.61 Unrealized 0.0%

NHI NATIONAL HEALTH INVS INC 0.2%

Value $475K Shares 8,265 Est. Cost $57.47 Unrealized —

CLDT CHATHAM LODGING TR 0.2%

Value $474K Shares 34,559 Est. Cost $12.77 Unrealized —

— OUTFRONT MEDIA INC 0.2%

Value $474K Shares 17,658 Est. Cost $22.98 Unrealized —

DRH DIAMONDROCK HOSPITALITY CO 0.2%

Value $450K Shares 46,856 Est. Cost $9.60 Unrealized —

PK PARK HOTELS & RESORTS INC 0.2%

Value $408K Shares 21,595 Est. Cost $20.59 Unrealized —

BRT BRT APARTMENTS CORP 0.1%

Value $295K Shares 12,330 Est. Cost $23.93 Unrealized —

— HERSHA HOSPITALITY TR 0.1%

Value $284K Shares 30,944 Est. Cost $7.89 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 0.1%

Value $223K Shares 43,688 Est. Cost $5.10 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SL GREEN RLTY CORP	606,158	$43.46M	19.8%	$70.14	—	COM	78440X804
BXMT	BLACKSTONE MTG TR INC	883,925	$27.07M	12.4%	$27.37	—	COM CL A	09257W100
—	RPT REALTY	247,238	$14.56M	6.6%	$58.91	—	7.25 PFD D CONV	74971D200
—	EPR PPTYS	486,639	$12.45M	5.7%	$25.58	—	PFD C CV 5.75%	26884U208
—	MGM GROWTH PPTYS LLC	259,524	$10.6M	4.8%	$38.30	—	CL A COM	55303A105
PLYM	PLYMOUTH INDL REIT INC	305,886	$9.788M	4.5%	$18.67	—	COM	729640102
VTR	VENTAS INC	186,811	$9.55M	4.4%	$45.11	0.0%	COM	92276F100
COLD	AMERICOLD RLTY TR	278,047	$9.117M	4.2%	$36.02	—	COM	03064D108
—	RLJ LODGING TR	275,563	$7.925M	3.6%	$28.76	—	CUM CONV PFD A	74965L200
RMR	RMR GROUP INC	226,996	$7.872M	3.6%	$24.09	+3.3%	CL A	74967R106
GNL	GLOBAL NET LEASE INC	487,700	$7.452M	3.4%	$18.15	—	COM NEW	379378201
OPITQ	OFFICE PPTYS INCOME TR	262,859	$6.529M	3.0%	$24.96	—	COM SHS BEN INT	67623C109
—	GRANITE PT MTG TR INC	6,348,000	$6.47M	3.0%	$0.94	—	NOTE 6.375%10/0	38741LAC1
CCI	CROWN CASTLE INTL CORP NEW	28,449	$5.938M	2.7%	$128.64	+16.6%	COM	22822V101
RLJ	RLJ LODGING TR	392,430	$5.467M	2.5%	$15.24	—	COM	74965L101
PSTL	POSTAL REALTY TRUST INC	271,826	$5.382M	2.5%	$19.80	—	CL A	73757R102
—	EPR PPTYS	147,672	$5.279M	2.4%	$35.75	—	CONV PFD 9% SR E	26884U307
—	PLAYA HOTELS & RESORTS NV	634,297	$5.061M	2.3%	$7.30	—	SHS	N70544106
—	ACRES COMMERCIAL REALTY CORP	3,485,000	$3.476M	1.6%	$0.91	—	NOTE 4.500% 8/1	76120WAC8
—	BRAEMAR HOTELS & RESORTS INC	133,998	$2.787M	1.3%	$20.80	—	5.5 CUM CV PFD B	10482B200
—	CORENERGY INFRASTRUCTURE TR	1,905,000	$1.772M	0.8%	$0.74	—	NOTE 5.875% 8/1	21870UAC0
—	CITY OFFICE REIT INC	39,579	$780K	0.4%	$13.58	—	COM	178587101
—	CEDAR REALTY TRUST INC	29,242	$734K	0.3%	$22.24	—	COM NEW	150602605
—	HEALTHCARE TR AMER INC	20,863	$697K	0.3%	$28.06	—	CL A NEW	42225P501
—	HEALTHCARE RLTY TR	19,165	$607K	0.3%	$30.46	—	COM	421946104
—	URSTADT BIDDLE PPTYS INC	26,010	$554K	0.3%	$19.43	—	CL A	917286205
—	SPIRIT RLTY CAP INC NEW	11,263	$543K	0.2%	$43.33	—	COM NEW	84860W300
HIW	HIGHWOODS PPTYS INC	12,024	$536K	0.2%	$43.05	—	COM	431284108
AKR	ACADIA RLTY TR	24,283	$530K	0.2%	$20.18	—	COM SH BEN INT	004239109
—	RPT REALTY	39,229	$520K	0.2%	$12.95	—	SH BEN INT	74971D101
AHRT	ARMADA HOFFLER PPTYS INC	33,105	$504K	0.2%	$13.29	—	COM	04208T108
CTO	CTO RLTY GROWTH INC NEW	8,179	$502K	0.2%	$61.38	—	COM	22948Q101
KRC	KILROY RLTY CORP	7,540	$501K	0.2%	$65.72	—	COM	49427F108
BXP	BOSTON PROPERTIES INC	4,262	$491K	0.2%	$77.05	+19.1%	COM	101121101
EXPE	EXPEDIA GROUP INC	2,625	$475K	0.2%	$168.61	0.0%	COM NEW	30212P303
NHI	NATIONAL HEALTH INVS INC	8,265	$475K	0.2%	$57.47	—	COM	63633D104
CLDT	CHATHAM LODGING TR	34,559	$474K	0.2%	$12.77	—	COM	16208T102
—	OUTFRONT MEDIA INC	17,658	$474K	0.2%	$22.98	—	COM	69007J106
DRH	DIAMONDROCK HOSPITALITY CO	46,856	$450K	0.2%	$9.60	—	COM	252784301
PK	PARK HOTELS & RESORTS INC	21,595	$408K	0.2%	$20.59	—	COM	700517105
BRT	BRT APARTMENTS CORP	12,330	$295K	0.1%	$23.93	—	COM	055645303
—	HERSHA HOSPITALITY TR	30,944	$284K	0.1%	$7.89	—	PR SHS BEN INT	427825500
—	ASHFORD HOSPITALITY PRIME IN	43,688	$223K	0.1%	$5.10	—	COM	044102101