Q2 2025 Holdings
Filed 2025-07-22 | 29 holdings | $77.3M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| EPR Pptys | CONV PFD 9% SR E | 26884U307 | $8.7M | 279,693 | 11.3% |
| RLJ Lodging TR | CUM CONV PFD A | 74965L200 | $7.3M | 309,137 | 9.5% |
| Vici Pptys Inc(VICI) | COM | 925652109 | $6.2M | 189,938 | 8.0% |
| EPR Pptys | PFD C CV 5.75% | 26884U208 | $4.2M | 166,844 | 5.4% |
| Equinix Inc(EQIX) | COM | 29444U700 | $3.9M | 4,849 | 5.0% |
| Pebblebrook Hotel TR | 6.375 PFD SER E | 70509V605 | $3.4M | 195,888 | 4.5% |
| Pebblebrook Hotel TR | 6.3 CUM PFD SR F | 70509V704 | $3.3M | 190,424 | 4.3% |
| American Tower Corp New(AMT) | COM | 03027X100 | $3.3M | 14,960 | 4.3% |
| Equity Lifestyle Pptys Inc(ELS) | COM | 29472R108 | $2.8M | 45,779 | 3.7% |
| Diversified Healthcare TR(DHC) | COM SH BEN INT | 25525P107 | $2.6M | 715,076 | 3.3% |
| Rithm Ppty TR Inc | 9.875 FXD-FLT C | 38983D862 | $2.5M | 102,052 | 3.3% |
| Starwood Ppty TR Inc(STWD) | COM | 85571B105 | $2.5M | 125,883 | 3.3% |
| Kite Rlty Group TR(KRG) | COM NEW | 49803T300 | $2.5M | 110,410 | 3.2% |
| Community Healthcare TR Inc(CHCT) | COM | 20369C106 | $2.4M | 144,129 | 3.1% |
| Brixmor Ppty Group Inc(BRX) | COM | 11120U105 | $2.3M | 89,651 | 3.0% |
| UMH Pptys Inc(UMH) | COM | 903002103 | $2.3M | 138,168 | 3.0% |
| Healthpeak Properties Inc(DOC) | COM | 42250P103 | $2.2M | 127,868 | 2.9% |
| LXP Industrial Trust | PFD CONV SER C | 529043309 | $2.2M | 46,541 | 2.8% |
| Crown Castle Inc(CCI) | COM | 22822V101 | $1.8M | 17,274 | 2.3% |
| Braemar Hotels & Resorts Inc | 5.5 CUM CV PFD B | 10482B200 | $1.8M | 134,222 | 2.3% |
| Vertiv Holdings Co(VRT) | COM CL A | 92537N108 | $1.3M | 10,016 | 1.7% |
| Elme Communities(ELME) | SH BEN INT | 939653101 | $1.3M | 80,207 | 1.7% |
| Global MED REIT Inc(GMREUSD) | COM NEW | 37954A204 | $1.2M | 175,106 | 1.6% |
| CTO Rlty Growth Inc New(CTO) | COM | 22948Q101 | $1.2M | 68,600 | 1.5% |
| Digital Rlty TR Inc(DLR) | COM | 253868103 | $1.2M | 6,639 | 1.5% |
| Americold Realty Trust Inc(COLD) | COM | 03064D108 | $1.1M | 66,491 | 1.4% |
| Alexandria Real Estate EQ in(ARE) | COM | 015271109 | $938.2K | 12,918 | 1.2% |
| Phillips Edison & Co Inc(PECO) | COMMON STOCK | 71844V201 | $479.0K | 13,675 | 0.6% |
| Armada Hoffler Pptys Inc(AHH) | COM | 04208T108 | $343.5K | 50,000 | 0.4% |