The New York-based LDR Capital Hedge Fund specializes in real estate investment trusts (REITs). In the opinion of the fund, REITs are a mispriced asset class. Lawrence Raiman is the firm’s managing principal, chief investment officer, and portfolio manager. A compound annual return of 6.6% has been achieved by the LDR Preferred Income Fund A since 2009. During the third quarter, the fund increased its positions and sold only a few of its holdings, indicating a positive outlook for the market. As of September 30th, 2021, 86% of the 13F assets were invested in real estate.
Insider Monkey highlights the top 10 real estate stocks to own according to LDR Capital. Our first real estate stock is Office Properties Income Trust. There are 281,044 shares of REIT owned by LDR Capital, which is worth $7.12. Among the 850+ funds tracked by Insider Monkey’s database, it had the largest position in OPI. Americold Realty Trust saw a 20 percent increase in LDR Capital’s stake in the third quarter of 2021. Nearly half of COLD’s hedge fund shareholders at the end of 2020 sold their shares, prompting other hedge funds to leave the stock in 2021. More than any other time since the pandemic’s beginning, 22 hedge funds had Park Hotels & Resorts Inc. positions at year’s end. The company owns and manages 60 hotels and resorts with a total of 33,000 rooms across the country. RLJ Lodging Trust reported revenue of $233.8 million in the third quarter, beating expectations. After seeing its hedge fund ownership drop by half in the previous three years, RLJ’s ownership has increased by 60% since the end of 2020. LDR Capital added RMR Group Inc. to its 13F portfolio in the third quarter. As of September 30, the fund owned 248,099 RMR shares worth $8.3 million. For more details, click Top 10 Real Estate Stocks To Own According To LDR Capital.