SEC 13F Intelligence

Managers / Q4 2025 · view latest →

LDR Capital Management LLC

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

Reported Value
$72M
Q4 2025
Positions
41
Filings on Record
29
2019–present window
Filed
Jan 22, 2026
original filing

Summary

Ldr Capital Management LLC reported $72M in U.S.-listed holdings across 41 positions for Q4 2025.

Its largest position, Epr Pptys, represents 12.3% of the portfolio.

Compared with Q3 2025, the fund opened 15 new positions and exited 8.

Portfolio Metrics

Turnover
+31.0%
vs prior filed quarter
Top-10 Concentration
+60.7%
share of reported value
Largest Position
+12.3%
Epr Pptys
New / Exited
15 / 8
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: 60.9%PUBLIC: 33.4%Common Stock: 2.9%PRIVATE: 2.8%
  • REIT · 60.9% · $44M
  • PUBLIC · 33.4% · $24M
  • Common Stock · 2.9% · $2M
  • PRIVATE · 2.8% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SUISUN CMNTYS INCNEW+20.9K20.9K+$3M$3M
GLPIGAMING & LEISURE PPTYS INCNEW+53.5K53.5K+$2M$2M
WELLWELLTOWER INCNEW+10.8K10.8K+$2M$2M
VTRVENTAS INCNEW+22.6K22.6K+$2M$2M
PSAPUBLIC STORAGE OPER CONEW+4.3K4.3K+$1M$1M
EXREXTRA SPACE STORAGE INCNEW+6.8K6.8K+$891,616$891,616
INVHINVITATION HOMES INCNEW+27.0K27.0K+$751,636$751,636
EGPEASTGROUP PPTYS INCNEW+3.0K3.0K+$539,052$539,052

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

Holdings — Q4 2025

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EPR PPTYSCONV PFD 9% SR E · PFD C CV 5.75%12.26%$9M302.8K
2RLJ LODGING TRCUM CONV PFD A10.04%$7M290.9K
3PEBBLEBROOK HOTEL TR6.375 PFD SER E · 6.3 CUM PFD SR F9.14%$7M345.9K
4CCICROWN CASTLE INChistory →COM5.80%$4M47.1K
5DLRDIGITAL RLTY TR INChistory →COM5.13%$4M23.9K
6PLDPROLOGIS INC.history →COM4.15%$3M23.4K
7AMTAMERICAN TOWER CORP NEWhistory →COM3.77%$3M15.5K
8SUISUN CMNTYS INChistory →COM3.58%$3M20.9K
9EQIXEQUINIX INChistory →COM3.53%$3M3.3K
10GLPIGAMING & LEISURE PPTYS INChistory →COM3.31%$2M53.5K
11WELLWELLTOWER INChistory →COM2.79%$2M10.8K
12BRAEMAR HOTELS & RESORTS INC5.5 CUM CV PFD B2.75%$2M134.2K
13SPGSIMON PPTY GROUP INC NEWhistory →COM2.53%$2M9.9K
14VTRVENTAS INChistory →COM2.42%$2M22.6K
15VICIVICI PPTYS INChistory →COM2.30%$2M59.0K
16OREALTY INCOME CORPhistory →COM2.29%$2M29.3K
17ESSESSEX PPTY TR INChistory →COM2.12%$2M5.9K
18LXP INDUSTRIAL TRUSTPFD CONV SER C2.01%$1M30.8K
19DHCDIVERSIFIED HEALTHCARE TRhistory →COM SH BEN INT1.81%$1M269.8K
20IRMIRON MTN INC DELhistory →COM1.74%$1M15.2K
21CHCTCOMMUNITY HEALTHCARE TR INChistory →COM1.73%$1M75.8K
22VRTVERTIV HOLDINGS COhistory →COM CL A1.64%$1M7.3K
23UMHUMH PPTYS INChistory →COM1.56%$1M70.9K
24PSAPUBLIC STORAGE OPER COhistory →COM1.55%$1M4.3K
25CTOCTO RLTY GROWTH INC NEWhistory →COM1.55%$1M60.6K
26FTAIFTAI AVIATION LTDhistory →SHS1.27%$918,1084.7K
27EXREXTRA SPACE STORAGE INChistory →COM1.24%$891,6166.8K
28INVHINVITATION HOMES INChistory →COM1.04%$751,63627.0K
29BRXBRIXMOR PPTY GROUP INCCOM0.82%$592,31022.6K
30EGPEASTGROUP PPTYS INCCOM0.75%$539,0523.0K
31STWDSTARWOOD PPTY TR INCCOM0.57%$411,54722.9K
32SBACSBA COMMUNICATIONS CORP NEWCL A0.54%$387,8272.0K
33SLGSL GREEN RLTY CORPCOM0.45%$327,6047.1K
34XRNGLOBAL MED REIT INCCOM NEW0.33%$237,6317.0K
35PMTPENNYMAC MTG INVT TRCOM0.33%$237,03218.9K
36WYWEYERHAEUSER CO MTN BECOM NEW0.30%$214,2529.0K
37AVBAVALONBAY CMNTYS INCCOM0.29%$209,4131.2K
38MACMACERICH COCOM0.29%$208,15511.3K
39HSTHOST HOTELS & RESORTS INCCOM0.28%$204,87011.6K

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 ↗.