Argosy-Lionbridge Management, LLC Diversified Active

CIK: 0002056354 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $158,241 (100.0% shares, 0.0% debt)

Holdings (14)

New Positions (2)

INVH INVITATION HOMES INC 7.3%

Value ($000) $11,593 Shares 417,167 Est. Cost $27.64 Unrealized 0.0%

FCPT FOUR CORNERS PPTY TR INC 6.9%

Value ($000) $10,985 Shares 476,260 Est. Cost $23.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
INVH	INVITATION HOMES INC	417,167	$11,593	7.3%	$27.64	0.0%	COM	46187W107
FCPT	FOUR CORNERS PPTY TR INC	476,260	$10,985	6.9%	$23.07	—	COM	35086T109

Increased Positions (4)

IRT INDEPENDENCE RLTY TR INC 17.0%

Value ($000) $26,862 (+120.0%) Shares 1,536,859 (+106.3%) Est. Cost $16.95 Unrealized —

ELS EQUITY LIFESTYLE PPTYS INC 4.2%

Value ($000) $6,651 (+79.6%) Shares 109,705 (+79.8%) Est. Cost $60.67 Unrealized —

STWD STARWOOD PPTY TR INC 2.9%

Value ($000) $4,527 (+127.9%) Shares 251,250 (+145.0%) Est. Cost $18.53 Unrealized —

BXMT BLACKSTONE MTG TR INC 1.1%

Value ($000) $1,701 (+137.9%) Shares 88,836 (+128.7%) Est. Cost $18.39 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IRT	INDEPENDENCE RLTY TR INC	1,536,859 (+106.3%)	$26,862 (+120.0%)	17.0%	$16.95	—	COM	45378A106
ELS	EQUITY LIFESTYLE PPTYS INC	109,705 (+79.8%)	$6,651 (+79.6%)	4.2%	$60.67	—	COM	29472R108
STWD	STARWOOD PPTY TR INC	251,250 (+145.0%)	$4,527 (+127.9%)	2.9%	$18.53	—	COM	85571B105
BXMT	BLACKSTONE MTG TR INC	88,836 (+128.7%)	$1,701 (+137.9%)	1.1%	$18.39	—	COM CL A	09257W100

Exited Positions (2)

VRE VERIS RESIDENTIAL INC 2.5%

Value ($000) $4,034 Shares 265,413 Est. Cost $16.63 Unrealized —

DBRG DIGITALBRIDGE GROUP INC 0.5%

Value ($000) $755 Shares 64,535 Est. Cost $13.38 Unrealized -10.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VRE	VERIS RESIDENTIAL INC	265,413	$4,034	2.5%	$16.63	—	—	554489104
DBRG	DIGITALBRIDGE GROUP INC	64,535	$755	0.5%	$13.38	-10.3%	—	25401T603

Decreased Positions (5)

AIV APARTMENT INVT & MGMT CO 4.3%

Value ($000) $6,752 (-70.8%) Shares 1,137,063 (-61.0%) Est. Cost $8.96 Unrealized —

ELME ELME COMMUNITIES 7.7%

Value ($000) $12,140 (-43.4%) Shares 697,708 (-45.2%) Est. Cost $15.86 Unrealized —

REXR REXFORD INDL RLTY INC 13.2%

Value ($000) $20,864 (-16.1%) Shares 538,661 (-10.9%) Est. Cost $38.16 Unrealized —

H HYATT HOTELS CORP 4.6%

Value ($000) $7,214 (-21.2%) Shares 45,000 (-30.2%) Est. Cost $124.42 Unrealized +23.1%

KRG KITE RLTY GROUP TR 3.6%

Value ($000) $5,698 (+7.4%) Shares 235,000 (-1.2%) Est. Cost $22.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIV	APARTMENT INVT & MGMT CO	1,137,063 (-61.0%)	$6,752 (-70.8%)	4.3%	$8.96	—	CL A	03748R747
ELME	ELME COMMUNITIES	697,708 (-45.2%)	$12,140 (-43.4%)	7.7%	$15.86	—	SH BEN INT	939653101
REXR	REXFORD INDL RLTY INC	538,661 (-10.9%)	$20,864 (-16.1%)	13.2%	$38.16	—	COM	76169C100
H	HYATT HOTELS CORP	45,000 (-30.2%)	$7,214 (-21.2%)	4.6%	$124.42	+23.1%	COM CL A	448579102
KRG	KITE RLTY GROUP TR	235,000 (-1.2%)	$5,698 (+7.4%)	3.6%	$22.56	—	COM NEW	49803T300

Unchanged Positions (3)

LEN LENNAR CORP 10.1%

Value ($000) $15,999 Shares 155,420 Est. Cost $112.66 Unrealized +7.1%

FR FIRST INDL RLTY TR INC 14.7%

Value ($000) $23,183 Shares 404,811 Est. Cost $50.13 Unrealized —

AAT AMERICAN ASSETS TR INC 2.6%

Value ($000) $4,070 Shares 214,863 Est. Cost $20.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LEN	LENNAR CORP	155,420	$15,999	10.1%	$112.66	+7.1%	CL A	526057104
FR	FIRST INDL RLTY TR INC	404,811	$23,183	14.7%	$50.13	—	COM	32054K103
AAT	AMERICAN ASSETS TR INC	214,863	$4,070	2.6%	$20.32	—	COM	024013104