SEC 13F Intelligence

Managers / Q2 2025 · view latest →

LDR Capital Management LLC

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

Reported Value
$77M
Q2 2025
Positions
29
Filings on Record
29
2019–present window
Filed
Jul 22, 2025
original filing

Summary

Ldr Capital Management LLC reported $77M in U.S.-listed holdings across 29 positions for Q2 2025.

Its largest position, Epr Pptys, represents 16.7% of the portfolio.

Compared with Q1 2025, the fund opened 6 new positions and exited 6.

Portfolio Metrics

Turnover
+15.1%
vs prior filed quarter
Top-10 Concentration
+65.7%
share of reported value
Largest Position
+16.7%
Epr Pptys
New / Exited
6 / 6
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: 55.0%PUBLIC: 41.0%PRIVATE: 2.3%Common Stock: 1.7%
  • REIT · 55.0% · $43M
  • PUBLIC · 41.0% · $32M
  • PRIVATE · 2.3% · $2M
  • Common Stock · 1.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DHCDIVERSIFIED HEALTHCARE TRNEW+715.1K715.1K+$3M$3M
CCICROWN CASTLE INCNEW+17.3K17.3K+$2M$2M
GLOBAL MED REIT INCNEW+175.1K175.1K+$1M$1M
COLDAMERICOLD REALTY TRUST INCNEW+66.5K66.5K+$1M$1M
PECOPHILLIPS EDISON & CO INCNEW+13.7K13.7K+$479,035$479,035
AHRTARMADA HOFFLER PPTYS INCNEW+50.0K50.0K+$343,500$343,500
REXRREXFORD INDL RLTY INCSOLD OUT−116.4K0−$5M$0
VERIS RESIDENTIAL INCSOLD OUT−151.6K0−$3M$0

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

Holdings — Q2 2025

27 positions (from 29 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EPR PPTYSCONV PFD 9% SR E · PFD C CV 5.75%16.69%$13M446.5K
2RLJ LODGING TRCUM CONV PFD A9.46%$7M309.1K
3PEBBLEBROOK HOTEL TR6.375 PFD SER E · 6.3 CUM PFD SR F8.78%$7M386.3K
4VICIVICI PPTYS INChistory →COM8.01%$6M189.9K
5EQIXEQUINIX INChistory →COM4.99%$4M4.8K
6AMTAMERICAN TOWER CORP NEWhistory →COM4.28%$3M15.0K
7ELSEQUITY LIFESTYLE PPTYS INChistory →COM3.65%$3M45.8K
8DHCDIVERSIFIED HEALTHCARE TRhistory →COM SH BEN INT3.31%$3M715.1K
9RITHM PPTY TR INC9.875 FXD-FLT C3.29%$3M102.1K
10STWDSTARWOOD PPTY TR INChistory →COM3.27%$3M125.9K
11KRGKITE RLTY GROUP TRhistory →COM NEW3.24%$3M110.4K
12CHCTCOMMUNITY HEALTHCARE TR INChistory →COM3.10%$2M144.1K
13BRXBRIXMOR PPTY GROUP INChistory →COM3.02%$2M89.7K
14UMHUMH PPTYS INChistory →COM3.00%$2M138.2K
15DOCHEALTHPEAK PROPERTIES INChistory →COM2.90%$2M127.9K
16LXP INDUSTRIAL TRUSTPFD CONV SER C2.79%$2M46.5K
17CCICROWN CASTLE INChistory →COM2.30%$2M17.3K
18BRAEMAR HOTELS & RESORTS INC5.5 CUM CV PFD B2.29%$2M134.2K
19VRTVERTIV HOLDINGS COhistory →COM CL A1.66%$1M10.0K
20ELMEELME COMMUNITIEShistory →SH BEN INT1.65%$1M80.2K
21GLOBAL MED REIT INCCOM NEW1.57%$1M175.1K
22CTOCTO RLTY GROWTH INC NEWhistory →COM1.53%$1M68.6K
23DLRDIGITAL RLTY TR INChistory →COM1.50%$1M6.6K
24COLDAMERICOLD REALTY TRUST INChistory →COM1.43%$1M66.5K
25AREALEXANDRIA REAL ESTATE EQ INhistory →COM1.21%$938,23412.9K
26PECOPHILLIPS EDISON & CO INCCOMMON STOCK0.62%$479,03513.7K
27AHRTARMADA HOFFLER PPTYS INCCOM0.44%$343,50050.0K

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 ↗.