LDR Capital Management LLC Diversified Active

Location: New York, NY

CIK: 0001566089 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 22, 2026

Total Value: $72.16M (100.0% shares, 0.0% debt)

Holdings (41)

— EPR PPTYS 11.4%

Value $8.232M Shares 275,122 Share Price $29.92 Est. Cost/Share $30.43 Unrealized @ Report Date —

— RLJ LODGING TR 10.0%

Value $7.244M Shares 290,909 Share Price $24.90 Est. Cost/Share $28.07 Unrealized @ Report Date —

— PEBBLEBROOK HOTEL TR 6.2%

Value $4.456M Shares 233,541 Share Price $19.08 Est. Cost/Share $17.55 Unrealized @ Report Date —

CCI CROWN CASTLE INC 5.8%

Value $4.183M Shares 47,072 Share Price $88.87 Est. Cost/Share $92.76 Unrealized @ Report Date -4.2%

DLR DIGITAL RLTY TR INC 5.1%

Value $3.7M Shares 23,918 Share Price $154.71 Est. Cost/Share $164.07 Unrealized @ Report Date -5.7%

PLD PROLOGIS INC. 4.1%

Value $2.993M Shares 23,448 Share Price $127.66 Est. Cost/Share $119.03 Unrealized @ Report Date +7.3%

AMT AMERICAN TOWER CORP NEW 3.8%

Value $2.721M Shares 15,497 Share Price $175.57 Est. Cost/Share $189.83 Unrealized @ Report Date -7.5%

SUI SUN CMNTYS INC 3.6%

Value $2.586M Shares 20,871 Share Price $123.91 Est. Cost/Share $123.91 Unrealized @ Report Date —

EQIX EQUINIX INC 3.5%

Value $2.547M Shares 3,325 Share Price $766.16 Est. Cost/Share $818.31 Unrealized @ Report Date -6.4%

GLPI GAMING & LEISURE PPTYS INC 3.3%

Value $2.392M Shares 53,519 Share Price $44.69 Est. Cost/Share $44.69 Unrealized @ Report Date —

— PEBBLEBROOK HOTEL TR 3.0%

Value $2.141M Shares 112,387 Share Price $19.05 Est. Cost/Share $17.51 Unrealized @ Report Date —

WELL WELLTOWER INC 2.8%

Value $2.01M Shares 10,830 Share Price $185.61 Est. Cost/Share $186.47 Unrealized @ Report Date -0.5%

— BRAEMAR HOTELS & RESORTS INC 2.8%

Value $1.987M Shares 134,177 Share Price $14.81 Est. Cost/Share $19.88 Unrealized @ Report Date —

SPG SIMON PPTY GROUP INC NEW 2.5%

Value $1.825M Shares 9,861 Share Price $185.11 Est. Cost/Share $175.09 Unrealized @ Report Date +5.7%

VTR VENTAS INC 2.4%

Value $1.746M Shares 22,562 Share Price $77.38 Est. Cost/Share $74.98 Unrealized @ Report Date +3.2%

VICI VICI PPTYS INC 2.3%

Value $1.659M Shares 59,012 Share Price $28.12 Est. Cost/Share $29.02 Unrealized @ Report Date -3.1%

O REALTY INCOME CORP 2.3%

Value $1.651M Shares 29,285 Share Price $56.37 Est. Cost/Share $57.15 Unrealized @ Report Date -1.4%

ESS ESSEX PPTY TR INC 2.1%

Value $1.531M Shares 5,852 Share Price $261.68 Est. Cost/Share $260.27 Unrealized @ Report Date -0.4%

— LXP INDUSTRIAL TRUST 2.0%

Value $1.45M Shares 30,788 Share Price $47.10 Est. Cost/Share $48.76 Unrealized @ Report Date —

DHC DIVERSIFIED HEALTHCARE TR 1.8%

Value $1.309M Shares 269,794 Share Price $4.85 Est. Cost/Share $3.58 Unrealized @ Report Date —

IRM IRON MTN INC DEL 1.7%

Value $1.258M Shares 15,160 Share Price $82.95 Est. Cost/Share $94.20 Unrealized @ Report Date -11.9%

CHCT COMMUNITY HEALTHCARE TR INC 1.7%

Value $1.245M Shares 75,825 Share Price $16.42 Est. Cost/Share $18.48 Unrealized @ Report Date —

VRT VERTIV HOLDINGS CO 1.6%

Value $1.183M Shares 7,301 Share Price $162.01 Est. Cost/Share $114.29 Unrealized @ Report Date +41.8%

UMH UMH PPTYS INC 1.6%

Value $1.127M Shares 70,859 Share Price $15.91 Est. Cost/Share $20.60 Unrealized @ Report Date —

PSA PUBLIC STORAGE OPER CO 1.5%

Value $1.117M Shares 4,306 Share Price $259.50 Est. Cost/Share $277.29 Unrealized @ Report Date -6.4%

CTO CTO RLTY GROWTH INC NEW 1.5%

Value $1.116M Shares 60,631 Share Price $18.41 Est. Cost/Share $18.91 Unrealized @ Report Date —

FTAI FTAI AVIATION LTD 1.3%

Value $918K Shares 4,664 Share Price $196.85 Est. Cost/Share $141.79 Unrealized @ Report Date +38.8%

EXR EXTRA SPACE STORAGE INC 1.2%

Value $892K Shares 6,847 Share Price $130.22 Est. Cost/Share $135.01 Unrealized @ Report Date -3.5%

INVH INVITATION HOMES INC 1.0%

Value $752K Shares 27,047 Share Price $27.79 Est. Cost/Share $27.64 Unrealized @ Report Date +0.5%

— EPR PPTYS 0.9%

Value $614K Shares 27,661 Share Price $22.18 Est. Cost/Share $25.38 Unrealized @ Report Date —

BRX BRIXMOR PPTY GROUP INC 0.8%

Value $592K Shares 22,590 Share Price $26.22 Est. Cost/Share $25.76 Unrealized @ Report Date —

EGP EASTGROUP PPTYS INC 0.7%

Value $539K Shares 3,026 Share Price $178.14 Est. Cost/Share $178.14 Unrealized @ Report Date —

STWD STARWOOD PPTY TR INC 0.6%

Value $412K Shares 22,851 Share Price $18.01 Est. Cost/Share $20.31 Unrealized @ Report Date —

SBAC SBA COMMUNICATIONS CORP NEW 0.5%

Value $388K Shares 2,005 Share Price $193.43 Est. Cost/Share $192.67 Unrealized @ Report Date +0.4%

SLG SL GREEN RLTY CORP 0.5%

Value $328K Shares 7,142 Share Price $45.87 Est. Cost/Share $45.87 Unrealized @ Report Date —

XRN GLOBAL MED REIT INC 0.3%

Value $238K Shares 7,043 Share Price $33.74 Est. Cost/Share $33.71 Unrealized @ Report Date —

PMT PENNYMAC MTG INVT TR 0.3%

Value $237K Shares 18,887 Share Price $12.55 Est. Cost/Share $12.55 Unrealized @ Report Date —

WY WEYERHAEUSER CO MTN BE 0.3%

Value $214K Shares 9,044 Share Price $23.69 Est. Cost/Share $22.99 Unrealized @ Report Date +3.0%

AVB AVALONBAY CMNTYS INC 0.3%

Value $209K Shares 1,155 Share Price $181.31 Est. Cost/Share $179.77 Unrealized @ Report Date +0.9%

MAC MACERICH CO 0.3%

Value $208K Shares 11,276 Share Price $18.46 Est. Cost/Share $18.46 Unrealized @ Report Date —

HST HOST HOTELS & RESORTS INC 0.3%

Value $205K Shares 11,555 Share Price $17.73 Est. Cost/Share $16.93 Unrealized @ Report Date +4.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	EPR PPTYS	275,122	$8.232M	11.4%	$29.92	$30.43	—	CONV PFD 9% SR E	26884U307
—	RLJ LODGING TR	290,909	$7.244M	10.0%	$24.90	$28.07	—	CUM CONV PFD A	74965L200
—	PEBBLEBROOK HOTEL TR	233,541	$4.456M	6.2%	$19.08	$17.55	—	6.375 PFD SER E	70509V605
CCI	CROWN CASTLE INC	47,072	$4.183M	5.8%	$88.87	$92.76	-4.2%	COM	22822V101
DLR	DIGITAL RLTY TR INC	23,918	$3.7M	5.1%	$154.71	$164.07	-5.7%	COM	253868103
PLD	PROLOGIS INC.	23,448	$2.993M	4.1%	$127.66	$119.03	+7.3%	COM	74340W103
AMT	AMERICAN TOWER CORP NEW	15,497	$2.721M	3.8%	$175.57	$189.83	-7.5%	COM	03027X100
SUI	SUN CMNTYS INC	20,871	$2.586M	3.6%	$123.91	$123.91	—	COM	866674104
EQIX	EQUINIX INC	3,325	$2.547M	3.5%	$766.16	$818.31	-6.4%	COM	29444U700
GLPI	GAMING & LEISURE PPTYS INC	53,519	$2.392M	3.3%	$44.69	$44.69	—	COM	36467J108
—	PEBBLEBROOK HOTEL TR	112,387	$2.141M	3.0%	$19.05	$17.51	—	6.3 CUM PFD SR F	70509V704
WELL	WELLTOWER INC	10,830	$2.01M	2.8%	$185.61	$186.47	-0.5%	COM	95040Q104
—	BRAEMAR HOTELS & RESORTS INC	134,177	$1.987M	2.8%	$14.81	$19.88	—	5.5 CUM CV PFD B	10482B200
SPG	SIMON PPTY GROUP INC NEW	9,861	$1.825M	2.5%	$185.11	$175.09	+5.7%	COM	828806109
VTR	VENTAS INC	22,562	$1.746M	2.4%	$77.38	$74.98	+3.2%	COM	92276F100
VICI	VICI PPTYS INC	59,012	$1.659M	2.3%	$28.12	$29.02	-3.1%	COM	925652109
O	REALTY INCOME CORP	29,285	$1.651M	2.3%	$56.37	$57.15	-1.4%	COM	756109104
ESS	ESSEX PPTY TR INC	5,852	$1.531M	2.1%	$261.68	$260.27	-0.4%	COM	297178105
—	LXP INDUSTRIAL TRUST	30,788	$1.45M	2.0%	$47.10	$48.76	—	PFD CONV SER C	529043309
DHC	DIVERSIFIED HEALTHCARE TR	269,794	$1.309M	1.8%	$4.85	$3.58	—	COM SH BEN INT	25525P107
IRM	IRON MTN INC DEL	15,160	$1.258M	1.7%	$82.95	$94.20	-11.9%	COM	46284V101
CHCT	COMMUNITY HEALTHCARE TR INC	75,825	$1.245M	1.7%	$16.42	$18.48	—	COM	20369C106
VRT	VERTIV HOLDINGS CO	7,301	$1.183M	1.6%	$162.01	$114.29	+41.8%	COM CL A	92537N108
UMH	UMH PPTYS INC	70,859	$1.127M	1.6%	$15.91	$20.60	—	COM	903002103
PSA	PUBLIC STORAGE OPER CO	4,306	$1.117M	1.5%	$259.50	$277.29	-6.4%	COM	74460D109
CTO	CTO RLTY GROWTH INC NEW	60,631	$1.116M	1.5%	$18.41	$18.91	—	COM	22948Q101
FTAI	FTAI AVIATION LTD	4,664	$918K	1.3%	$196.85	$141.79	+38.8%	SHS	G3730V105
EXR	EXTRA SPACE STORAGE INC	6,847	$892K	1.2%	$130.22	$135.01	-3.5%	COM	30225T102
INVH	INVITATION HOMES INC	27,047	$752K	1.0%	$27.79	$27.64	+0.5%	COM	46187W107
—	EPR PPTYS	27,661	$614K	0.9%	$22.18	$25.38	—	PFD C CV 5.75%	26884U208
BRX	BRIXMOR PPTY GROUP INC	22,590	$592K	0.8%	$26.22	$25.76	—	COM	11120U105
EGP	EASTGROUP PPTYS INC	3,026	$539K	0.7%	$178.14	$178.14	—	COM	277276101
STWD	STARWOOD PPTY TR INC	22,851	$412K	0.6%	$18.01	$20.31	—	COM	85571B105
SBAC	SBA COMMUNICATIONS CORP NEW	2,005	$388K	0.5%	$193.43	$192.67	+0.4%	CL A	78410G104
SLG	SL GREEN RLTY CORP	7,142	$328K	0.5%	$45.87	$45.87	—	COM	78440X887
XRN	GLOBAL MED REIT INC	7,043	$238K	0.3%	$33.74	$33.71	—	COM NEW	37954A303
PMT	PENNYMAC MTG INVT TR	18,887	$237K	0.3%	$12.55	$12.55	—	COM	70931T103
WY	WEYERHAEUSER CO MTN BE	9,044	$214K	0.3%	$23.69	$22.99	+3.0%	COM NEW	962166104
AVB	AVALONBAY CMNTYS INC	1,155	$209K	0.3%	$181.31	$179.77	+0.9%	COM	053484101
MAC	MACERICH CO	11,276	$208K	0.3%	$18.46	$18.46	—	COM	554382101
HST	HOST HOTELS & RESORTS INC	11,555	$205K	0.3%	$17.73	$16.93	+4.7%	COM	44107P104