SEC 13F Intelligence

Managers / Q4 2020 · view latest →

LDR Capital Management LLC

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

Reported Value
$130M
Q4 2020
Positions
17
Filings on Record
29
2019–present window
Filed
Feb 3, 2021
original filing

Summary

Ldr Capital Management LLC reported $130M in U.S.-listed holdings across 17 positions for Q4 2020.

The portfolio is heavily concentrated: Sl Green Rlty alone accounts for 27.4% of reported value.

Compared with Q3 2020, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+12.8%
vs prior filed quarter
Top-10 Concentration
+83.3%
share of reported value
Largest Position
+27.4%
Sl Green Rlty
New / Exited
4 / 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: 62.3%PUBLIC: 13.3%Unit: 8.3%US DOMESTIC: 6.2%Other: 5.0%Other: 4.9%
  • REIT · 62.3% · $81M
  • PUBLIC · 13.3% · $17M
  • Unit · 8.3% · $11M
  • US DOMESTIC · 6.2% · $8M
  • Other · 5.0% · $6M
  • Other · 4.9% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DRHDIAMONDROCK HOSPITALNEW+681.5K681.5K+$6M$6M
GRANITE PT MTG TR INNEW+5.00M5.00M+$5M$5M
COLDAMERICOLD RLTY TRNEW+107.0K107.0K+$4M$4M
HTEURHERSHA HOSPITALITY TNEW+404.6K404.6K+$3M$3M
EPR PPTYSSOLD OUT−419.4K0−$8M$0
BLACKSTONE MTG TR INSOLD OUT−6.68M0−$6M$0
RESOURCE CAP CORPADDED+1.25M3.75M+$1M$3M
CCICROWN CASTLE INTL COADDED+12.6K38.3K+$2M$6M

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

Holdings — Q4 2020

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SL GREEN RLTY CORPCOM27.37%$36M596.0K
2BXMTBLACKSTONE MTG TR INhistory →COM CL A9.03%$12M425.6K
3EXTENDED STAY AMER IUNIT 99/99/9999B8.28%$11M725.1K
4QTS RLTY TR INC6.50% CON PFD B7.45%$10M68.1K
5GNLGLOBAL NET LEASE INChistory →COM NEW6.81%$9M515.7K
6RLJ LODGING TRCUM CONV PFD A5.83%$8M297.6K
7OFFICE PPTYS INCOMECOM SHS BEN INT4.96%$6M283.2K
8CCICROWN CASTLE INTL COhistory →COM4.69%$6M38.3K
9PLYMPLYMOUTH INDL REIT Ihistory →COM4.55%$6M393.3K
10DRHDIAMONDROCK HOSPITALhistory →COM4.33%$6M681.5K
11GRANITE PT MTG TR INNOTE 6.375%10/03.55%$5M5.00M
12COLDAMERICOLD RLTY TRhistory →COM3.08%$4M107.0K
13RESOURCE CAP CORPNOTE 4.500% 8/12.67%$3M3.75M
14HTEURHERSHA HOSPITALITY Thistory →PR SHS BEN INT2.46%$3M404.6K
15PREFERRED APT CMNTYSCOM2.00%$3M350.8K
16BRAEMAR HOTELS & RES5.5 CUM CV PFD B1.82%$2M145.2K
17CORENERGY INFRASTRUCNOTE 5.875% 8/11.12%$1M2.02M

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 ↗.