# LDR Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1566089. Source: https://holderbook.com/funds/1566089-ldr-capital-management-llc/

- Reported value: $86.7M
- Positions: 45
- Weight of the ten largest: 55.2%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| RLJ LODGING TR | [RLJPRA](https://holderbook.com/stocks/RLJPRA/) | $7.3M | 297,161 | 8.4% | 19 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $6.5M | 6,282 | 7.6% | 12 |
| EPR PPTYS | [EPRPRE](https://holderbook.com/stocks/EPRPRE/) | $5.5M | 173,004 | 6.3% | 19 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $5.2M | 29,132 | 6.0% | 7 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $4.6M | 60,369 | 5.3% | 5 |
| PEBBLEBROOK HOTEL TR | [PEBPRE](https://holderbook.com/stocks/PEBPRE/) | $4.4M | 224,553 | 5.0% | 6 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $4.0M | 17,706 | 4.6% | 4 |
| SL GREEN RLTY CORP | [SLG](https://holderbook.com/stocks/SLG/) | $3.6M | 69,418 | 4.1% | 3 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $3.5M | 25,912 | 4.1% | 4 |
| MACERICH CO | [MAC](https://holderbook.com/stocks/MAC/) | $3.3M | 130,249 | 3.8% | 3 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $2.8M | 12,276 | 3.2% | 3 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $2.7M | 16,336 | 3.1% | 12 |
| RITHM PPTY TR INC | [RPTPRC](https://holderbook.com/stocks/RPTPRC/) | $2.5M | 99,012 | 2.8% | 2 |
| PEBBLEBROOK HOTEL TR | [PEBPRF](https://holderbook.com/stocks/PEBPRF/) | $2.2M | 112,203 | 2.5% | 6 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $2.2M | 6,840 | 2.5% | 3 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $2.2M | 6,501 | 2.5% | 7 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $1.9M | 28,855 | 2.2% | 1 |
| ESSEX PPTY TR INC | [ESS](https://holderbook.com/stocks/ESS/) | $1.8M | 6,110 | 2.1% | 4 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $1.5M | 17,246 | 1.8% | 3 |
| SABRA HEALTH CARE REIT INC | [SBRA](https://holderbook.com/stocks/SBRA/) | $1.5M | 74,864 | 1.7% | 1 |
| LXP INDUSTRIAL TRUST | [LXPPRC](https://holderbook.com/stocks/LXPPRC/) | $1.4M | 30,778 | 1.6% | 18 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $1.3M | 10,505 | 1.5% | 4 |
| OUTFRONT MEDIA INC | [OUT](https://holderbook.com/stocks/OUT/) | $1.3M | 38,387 | 1.5% | 1 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $1.1M | 16,671 | 1.3% | 1 |
| HYATT HOTELS CORP | [H](https://holderbook.com/stocks/H/) | $1.0M | 5,287 | 1.2% | 1 |
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $972.8K | 3,596 | 1.1% | 4 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $902.0K | 33,972 | 1.0% | 12 |
| MILLROSE PPTYS INC | [MRP](https://holderbook.com/stocks/MRP/) | $787.1K | 26,194 | 0.9% | 1 |
| EASTGROUP PPTYS INC | [EGP](https://holderbook.com/stocks/EGP/) | $762.3K | 3,764 | 0.9% | 3 |
| EPR PPTYS | [EPRPRC](https://holderbook.com/stocks/EPRPRC/) | $716.1K | 27,950 | 0.8% | 19 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $706.0K | 5,242 | 0.8% | 2 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $672.6K | 28,094 | 0.8% | 3 |
| LINEAGE INC | [LINE](https://holderbook.com/stocks/LINE/) | $651.1K | 15,054 | 0.8% | 2 |
| AVALONBAY CMNTYS INC | [AVB](https://holderbook.com/stocks/AVB/) | $642.7K | 3,406 | 0.7% | 1 |
| BRIXMOR PPTY GROUP INC | [BRX](https://holderbook.com/stocks/BRX/) | $612.5K | 19,427 | 0.7% | 18 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $561.1K | 2,193 | 0.6% | 2 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $539.1K | 8,701 | 0.6% | 4 |
| CTO RLTY GROWTH INC NEW | [CTO](https://holderbook.com/stocks/CTO/) | $492.8K | 22,909 | 0.6% | 9 |
| DIVERSIFIED HEALTHCARE TR | [DHC](https://holderbook.com/stocks/DHC/) | $486.0K | 52,261 | 0.6% | 5 |
| EQUITY LIFESTYLE PROPERTIES | [ELS](https://holderbook.com/stocks/ELS/) | $442.5K | 6,866 | 0.5% | 2 |
| UMH PPTYS INC | [UMH](https://holderbook.com/stocks/UMH/) | $396.6K | 26,198 | 0.5% | 18 |
| HOST HOTELS & RESORTS INC | [HST](https://holderbook.com/stocks/HST/) | $340.7K | 14,371 | 0.4% | 3 |
| ALEXANDRIA REAL ESTATE EQ IN | [ARE](https://holderbook.com/stocks/ARE/) | $282.0K | 5,336 | 0.3% | 2 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $280.3K | 1,929 | 0.3% | 3 |
| AMERICAN HOMES 4 RENT | [AMH](https://holderbook.com/stocks/AMH/) | $278.0K | 8,293 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +6.6% | +14.8% | -8.2% | 100% |
| Q1 2026 | +3.6% | -4.6% | +8.2% | 100% |
| Q4 2025 | -3.1% | +2.4% | -5.4% | 96% |
| Q3 2025 | +8.6% | +7.8% | +0.8% | 100% |
| Q2 2025 | -1.6% | +10.5% | -12.0% | 100% |
| Q1 2025 | -0.5% | -4.6% | +4.0% | 100% |
| Q4 2024 | -7.3% | +2.1% | -9.4% | 100% |
| Q3 2024 | +15.6% | +5.4% | +10.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $86.7M | 45 |
| Q1 2026 | $74.4M | 44 |
| Q4 2025 | $72.2M | 41 |
| Q3 2025 | $68.1M | 34 |
| Q2 2025 | $77.3M | 29 |
| Q1 2025 | $82.9M | 29 |
| Q4 2024 | $73.8M | 32 |
| Q3 2024 | $89.8M | 33 |
| Q2 2024 | $109.8M | 40 |
| Q1 2024 | $148.6M | 39 |
| Q4 2023 | $179.0M | 42 |
| Q3 2023 | $164.8M | 43 |