SEC 13F Intelligence

Managers / Q2 2020 · view latest →

LDR Capital Management LLC

CIK 0001566089 · 300 PARK AVENUE, SUITE 520, NEW YORK, NY, 10022 · 646-927-5800

Reported Value
$86M
Q2 2020
Positions
14
Filings on Record
29
2019–present window
Filed
Jul 22, 2020
original filing

Summary

Ldr Capital Management LLC reported $86M in U.S.-listed holdings across 14 positions for Q2 2020.

The portfolio is heavily concentrated: Sl Green Rlty alone accounts for 31.7% of reported value.

Compared with Q1 2020, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+9.9%
vs prior filed quarter
Top-10 Concentration
+97.2%
share of reported value
Largest Position
+31.7%
Sl Green Rlty
New / Exited
5 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $123MQ1 ’19Q2 ’19: $146MQ3 ’19: $131MQ4 ’19: $167MQ1 ’20: $58MQ1 ’20Q2 ’20: $86MQ3 ’20: $101MQ4 ’20: $130MQ1 ’21: $132MQ1 ’21Q2 ’21: $159MQ3 ’21: $177MQ4 ’21: $219MQ1 ’22: $318MQ1 ’22Q2 ’22: $239MQ3 ’22: $198MQ4 ’22: $183MQ1 ’23: $152MQ1 ’23Q2 ’23: $161MQ3 ’23: $165MQ4 ’23: $179MQ1 ’24: $149MQ1 ’24Q2 ’24: $110MQ3 ’24: $90MQ4 ’24: $74MQ1 ’25: $83MQ1 ’25Q2 ’25: $77MQ3 ’25: $68MQ4 ’25: $72MQ1 ’26: $74MQ1 ’26filingsflow.com

Portfolio Composition

By security type
REIT: 49.0%PUBLIC: 26.5%US DOMESTIC: 8.5%Other: 6.1%Unit: 5.2%Other: 4.8%
  • REIT · 49.0% · $42M
  • PUBLIC · 26.5% · $23M
  • US DOMESTIC · 8.5% · $7M
  • Other · 6.1% · $5M
  • Unit · 5.2% · $4M
  • Other · 4.8% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BLACKSTONE MTG TR INNEW+6.69M6.69M+$6M$6M
OFFICE PPTYS INCOMENEW+199.5K199.5K+$5M$5M
EXTENDED STAY AMER INEW+399.0K399.0K+$4M$4M
RLJ LODGING TRNEW+202.2K202.2K+$4M$4M
TWO HBRS INVT CORPNEW+1.00M1.00M+$995,000$995,000
ELSEQUITY LIFESTYLE PPTSOLD OUT−64.8K0−$4M$0
AREALEXANDRIA REAL ESTASOLD OUT−24.5K0−$3M$0
EPR PPTYSADDED+61.3K126.0K+$2M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

12 positions (from 14 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SL GREEN RLTY CORPCOM31.67%$27M549.5K
2EPR PPTYSPFD C CNV 5.75% · CONV PFD 9% SR E12.02%$10M511.9K
3BXMTBLACKSTONE MTG TR INNOTE 4.375% 5/0 · COM CL A11.04%$9M6.82M
4QTS RLTY TR INC6.50% CON PFD B9.29%$8M55.9K
5GNLGLOBAL NET LEASE INChistory →COM NEW7.77%$7M397.4K
6OFFICE PPTYS INCOMECOM SHS BEN INT6.06%$5M199.5K
7PLYMPLYMOUTH INDL REIT Ihistory →COM5.83%$5M389.6K
8EXTENDED STAY AMER IUNIT 99/99/9999B5.22%$4M399.0K
9RLJ LODGING TRCUM CONV PFD A5.17%$4M202.2K
10PREFERRED APT CMNTYSCOM3.10%$3M349.2K
11BRAEMAR HOTELS & RES5.5 CUM CV PFD B1.66%$1M140.9K
12TWO HBRS INVT CORPNOTE 6.250% 1/11.16%$995,0001.00M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$74M44May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$72M41Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$68M34Oct 29, 202513F-HRchanges · EDGAR ↗
Q2 2025$77M29Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$83M29Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$74M32Feb 3, 202513F-HRchanges · EDGAR ↗
Q3 2024$90M33Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$110M40Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$149M39May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$179M42Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$165M43Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$161M34Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$152M36May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$183M39Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$198M50Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$239M68Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$318M67May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$219M43Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$177M37Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$159M36Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$132M36May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$130M17Feb 3, 202113F-HRchanges · EDGAR ↗
Q3 2020$101M15Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$86M14Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$58M11Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$167M19Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$131M23Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$146M33Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$123M26Apr 26, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.