Q3 2025 · 13F-HR
LDR Capital Management LLCholdings as filed
Filed 2025-10-29 · accession 0001172661-25-004486
The Brief · LDR Capital Management LLC · Q3 2025
AI · grounded in 13F
LDR Capital Management LLC established a new position in EPR PPTYS [[stock:EPR 9 PERP E]] valued at $8.8M. The fund also initiated new stakes in RLJ LODGING TR [[stock:RLJ 1.95 PERP A]] for $7.6M and VICI PPTYS INC VICI for $5.1M. Additional new positions include EQUINIX INC EQIX at $3.9M and PEBBLEBROOK HOTEL TR [[stock:PEB 6.375 PERP E]] at $3.7M. Total AUM for the fund stands at $68.1M across 34 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 26884U307 | EPR 9 PERP E | EPR PPTYS | $8.8M | 13.0% | 279,569 | Common | SOLE |
| 74965L200 | RLJ 1.95 PERP A | RLJ LODGING TR | $7.6M | 11.1% | 300,732 | Common | SOLE |
| 925652109 | VICI | VICI PPTYS INC | $5.1M | 7.55% | 157,704 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $3.9M | 5.69% | 4,945 | Common | SOLE |
| 70509V605 | PEB 6.375 PERP E | PEBBLEBROOK HOTEL TR | $3.7M | 5.51% | 185,539 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $3.7M | 5.47% | 19,351 | Common | SOLE |
| 70509V704 | PEB 6.3 PERP F | PEBBLEBROOK HOTEL TR | $3.6M | 5.33% | 179,745 | Common | SOLE |
| 29472R108 | ELS | EQUITY LIFESTYLE PPTYS INC | $2.8M | 4.08% | 45,755 | Common | SOLE |
| 38983D862 | RPT V9.875 PERP | RITHM PPTY TR INC | $2.6M | 3.82% | 102,975 | Common | SOLE |
| 10482B200 | BHR 5.5 PERP b | BRAEMAR HOTELS & RESORTS INC | $2.2M | 3.20% | 134,177 | Common | SOLE |
| 25525P107 | DHC | DIVERSIFIED HEALTHCARE TR | $2.1M | 3.03% | 468,214 | Common | SOLE |
| 529043309 | LXP 6.5 PERP C | LXP INDUSTRIAL TRUST | $1.9M | 2.78% | 39,469 | Common | SOLE |
| 11120U105 | BRX | BRIXMOR PPTY GROUP INC | $1.7M | 2.51% | 61,771 | Common | SOLE |
| 20369C106 | CHCT | COMMUNITY HEALTHCARE TR INC | $1.6M | 2.36% | 104,882 | Common | SOLE |
| 903002103 | UMH | UMH PPTYS INC | $1.5M | 2.20% | 100,697 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $1.4M | 2.08% | 9,369 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $1.2M | 1.72% | 43,371 | Common | SOLE |
| 22948Q101 | CTO | CTO RLTY GROWTH INC NEW | $1.1M | 1.67% | 69,766 | Common | SOLE |
| 46284V101 | IRM | IRON MTN INC DEL | $1.1M | 1.66% | 11,073 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $1.1M | 1.62% | 6,606 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $1.1M | 1.60% | 11,285 | Common | SOLE |
| 26884U208 | EPR 5.75 PERP C | EPR PPTYS | $925,576 | 1.36% | 36,397 | Common | SOLE |
| 042315705 | ARR | ARMOUR RESIDENTIAL REIT INC | $887,541 | 1.30% | 59,407 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $833,133 | 1.22% | 7,275 | Common | SOLE |
| 828806109 | SPG | SIMON PPTY GROUP INC NEW | $829,314 | 1.22% | 4,419 | Common | SOLE |
| 756109104 | O | REALTY INCOME CORP | $818,233 | 1.20% | 13,460 | Common | SOLE |
| 297178105 | ESS | ESSEX PPTY TR INC | $709,567 | 1.04% | 2,651 | Common | SOLE |
| 35953C106 | FIP | FTAI INFRASTRUCTURE INC | $646,222 | 0.95% | 148,216 | Common | SOLE |
| 49803T300 | KRG | KITE RLTY GROUP TR | $513,948 | 0.75% | 23,047 | Common | SOLE |
| 37954A303 | XRN | GLOBAL MED REIT INC | $500,452 | 0.73% | 14,846 | Common | SOLE |
| 85571B105 | STWD | STARWOOD PPTY TR INC | $497,170 | 0.73% | 25,667 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $478,532 | 0.70% | 2,768 | Common | SOLE |
| 42250P103 | DOC | HEALTHPEAK PROPERTIES INC | $478,501 | 0.70% | 24,987 | Common | SOLE |
| 127537207 | CDZI | CADIZ INC | $71,333 | 0.10% | 15,113 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.