SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Capital Square, LLC

CIK 0001798736 · 1 WEST COLLEGE ST, SUITE 4, ATHENS, TN, 37303 · 4238776708

Reported Value
$141M
Q3 2021
Positions
156
Filings on Record
27
2019–present window
Filed
Nov 2, 2021
original filing

Summary

Capital Square, LLC reported $141M in U.S.-listed holdings across 156 positions for Q3 2021.

Its largest position, RITM, represents 2.7% of the portfolio.

Compared with Q2 2021, the fund opened 20 new positions and exited 9.

Portfolio Metrics

Turnover
+7.1%
vs prior filed quarter
Top-10 Concentration
+23.0%
share of reported value
Largest Position
+2.7%
New Residential Invt Corporation Com New Reit
New / Exited
20 / 9
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. 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
Q4 ’19: $105MQ4 ’19Q1 ’20: $86MQ2 ’20: $94MQ3 ’20: $97MQ4 ’20: $119MQ4 ’20Q1 ’21: $134MQ2 ’21: $136MQ3 ’21: $141MQ4 ’21: $145MQ4 ’21Q1 ’22: $140MQ2 ’22: $121MQ3 ’22: $110MQ4 ’22: $111MQ4 ’22Q1 ’23: $108MQ2 ’23: $108MQ3 ’23: $74MQ4 ’23: $89MQ4 ’23Q1 ’24: $142MQ2 ’24: $154MQ3 ’24: $165MQ4 ’24: $176MQ4 ’24Q1 ’25: $170MQ2 ’25: $188MQ3 ’25: $196MQ4 ’25: $196MQ4 ’25Q1 ’26: $217Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 42.3%REIT: 33.8%ETP: 21.9%Other: 1.3%Closed-End Fund: 0.4%Other: 0.3%
  • Common Stock · 42.3% · $60M
  • REIT · 33.8% · $48M
  • ETP · 21.9% · $31M
  • Other · 1.3% · $2M
  • Closed-End Fund · 0.4% · $613,000
  • Other · 0.3% · $441,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CCL1EURCARNIVAL CORPORATION PAIRED CTFNEW+51.1K51.1K+$1M$1M
EATON CORPORATION PLC SHSNEW+5.9K5.9K+$890,000$890,000
AMPLIFY CWP ENHANCED DIVIDEND INCOME ETFNEW+16.6K16.6K+$584,000$584,000
MEDTRONIC PLC SHSNEW+4.3K4.3K+$544,000$544,000
XGDVXGABELLI DIVID & INCOME TRNEW+19.4K19.4K+$508,000$508,000
MLRMILLER INDUSTRIES INCORPORATED TENN COM NEWNEW+13.0K13.0K+$446,000$446,000
QCOMQUALCOMM INCORPORATEDNEW+3.5K3.5K+$445,000$445,000
RPMRPM INTERNATIONAL INCORPORATEDNEW+4.6K4.6K+$359,000$359,000

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

Holdings — Q3 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RITMNEW RESIDENTIAL INVT CORPORATION COM NEW REIThistory →COM2.71%$4M350.3K
2ISHARES TR CORE S&P500 ETFCOM2.55%$4M8.2K
3WPCWP CAREY INCORPORATED REIThistory →COM2.45%$3M46.6K
4AMZNAMAZON COM INCORPORATEDhistory →COM2.42%$3M1.0K
5VERVEREIT INCORPORATED REIThistory →COM2.38%$3M72.9K
6HDHOME DEPOT INCORPORATEDhistory →COM2.27%$3M9.7K
7AMTAMERICAN TOWER CORPORATION NEW REIThistory →COM2.21%$3M11.7K
8MOALTRIA GROUP INCORPORATEDhistory →COM2.02%$3M62.1K
9VANGUARD TOTAL BOND MARKET ETFCOM1.99%$3M32.9K
10VANGUARD SHORT-TERM BOND ETFCOM1.99%$3M34.3K
11S76STORE CAP CORPORATION REIThistory →COM1.96%$3M83.6K
12FQIDIGITAL RLTY TR INCORPORATED REIThistory →COM1.96%$3M19.0K
13WFCWELLS FARGO COMPANY NEWhistory →COM1.92%$3M57.7K
14LADDER CAP CORPORATION CLASS A REITCOM1.86%$3M228.5K
15SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUSTCOM1.84%$3M7.5K
16AAPLAPPLE INCORPORATEDhistory →COM1.73%$2M17.1K
17VENVENTAS INCORPORATED REIThistory →COM1.55%$2M38.9K
18AVALONBAY CMNTYS INCORPORATED REITCOM1.49%$2M9.4K
198CWCROWN CASTLE INTERNATIONAL CORPORATION NEW REIThistory →COM1.37%$2M11.2K
20MFA FINL INCORPORATED REITCOM1.34%$2M409.5K
21ISHARES TR IBOXX INV CP ETFCOM1.25%$2M13.2K
22NLYEURANNALY CAPITAL MANAGEMENT INCORPORATED REIThistory →COM1.22%$2M203.7K
23JPMJPMORGAN CHASE & COMPANYhistory →COM1.21%$2M10.2K
24POTLATCHDELTIC CORPORATION REITCOM1.16%$2M31.9K
25VANGUARD SMALL-CAP VALUE ETFCOM1.15%$2M9.4K
26PREFERRED APT CMNTYS INCORPORATED REITCOM1.11%$2M125.4K
27APARTMENT INCOME REIT CORPORATION REITCOM1.05%$1M29.9K
28NNNNATIONAL RETAIL PROPERTIES INCORPORATED REIThistory →COM1.02%$1M32.4K
29VANGUARD MID-CAP VALUE ETFCOM1.02%$1M10.1K
30PFEPFIZER INCORPORATEDhistory →COM1.01%$1M33.2K
31BACVERIZON COMMUNICATIONS INCORPORATEDCOM0.99%$1M25.8K
32LOWLOWES COMPANIES INCORPORATEDCOM0.96%$1M6.6K
33CSTRUSDCAPSTAR FINL HLDGS INCORPORATEDCOM0.96%$1M63.0K
34CCL1EURCARNIVAL CORPORATION PAIRED CTFCOM0.94%$1M51.1K
35FDXFEDEX CORPORATIONCOM0.94%$1M6.0K
36NSCNORFOLK SOUTHN CORPORATIONCOM0.94%$1M5.4K
37SOSOUTHERN COMPANYCOM0.93%$1M21.4K
38EXMOCEXXON MOBIL CORPORATIONCOM0.93%$1M21.6K
39PGPROCTER AND GAMBLE COMPANYCOM0.90%$1M9.1K
40XLFSPDR FINANCIAL SELECT SECTOR FUNDCOM0.88%$1M32.6K
41BRXBRIXMOR PROPERTY GROUP INCORPORATED REITCOM0.88%$1M53.7K
42INTCINTEL CORPORATIONCOM0.84%$1M22.1K
43MSFTMICROSOFT CORPORATIONCOM0.83%$1M4.0K
44ISHARES TR S&P 500 GRWT ETFCOM0.78%$1M14.7K
45ELSEQUITY LIFESTYLE PPTYS INCORPORATED REITCOM0.75%$1M13.5K
46LLYLILLY ELI & COMPANYCOM0.70%$985,0004.3K
47TAT&T INCORPORATEDCOM0.70%$981,00036.1K
48ISHARES TR S&P SML 600 GWTCOM0.69%$975,0007.4K
49ISHARES TR CORE MSCI EAFECOM0.69%$973,00013.1K
50METAFACEBOOK INCORPORATED CLASS ACOM0.68%$962,0002.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$217M226May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$196M221Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$196M210Nov 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$188M201Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$170M191May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$176M189Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$165M169Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$154M159Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$142M156May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$89M111Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$74M99Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$108M134Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$108M146Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$111M143Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$110M134Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$121M146Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$140M156May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$145M157Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$141M156Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$136M145Aug 4, 202113F-HRchanges · EDGAR ↗
Q1 2021$134M143May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$119M149Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$97M137Nov 12, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$94M140Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$86M305Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$105M127Feb 7, 202013F-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 ↗.