We are live on ! Find out more
H2CM

H/2 Credit Manager Portfolio holdings

AUM $526M
1-Year Est. Return 70.67%
This Fund
S&P 500
This Quarter Est. Return
+24.73%
1 Year Est. Return
+70.67%
3 Year Est. Return
+97.41%
5 Year Est. Return
+74.27%
10 Year Est. Return
–
AUM
$405M
AUM Growth
+$44M
Cap. Flow
-$22.9M
Cap. Flow %
-5.65%
Top 10 Hldgs %
94.92%
Holding
13
New
–
Increased
1
Reduced
3
Closed
–

Top Buys

Rank Stock Value
1
INN
Summit Hotel Properties
INN
+$515K

Top Sells

Rank Stock Value
1
HST icon
Host Hotels & Resorts
HST
+$13.5M
2
VRE
Veris Residential
VRE
+$5.96M
3
SHO icon
Sunstone Hotel Investors
SHO
+$3.94M

Sector Composition

Rank Sector Weight
1 Real Estate 82.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RLJ icon
1
RLJ Lodging Trust
RLJ
$1.75B
$73.9M 18.24%
6,304,257
– –
VRE
2
DELISTED
Veris Residential
VRE
$67.6M 16.69%
4,297,314
-400,000
-9% -$5.96M
DHC
3
Diversified Healthcare Trust
DHC
$1.95B
$55.8M 13.77%
14,917,366
– –
PK icon
4
Park Hotels & Resorts
PK
$3.21B
$49.9M 12.31%
3,260,000
– –
INN
5
Summit Hotel Properties
INN
$646M
$33.7M 8.31%
5,010,631
+83,700
+2% +$515K
VNO icon
6
Vornado Realty Trust
VNO
$7.27B
$28.5M 7.04%
1,008,913
– –
DRH icon
7
Diamondrock Hospitality Co
DRH
$2.58B
$25.7M 6.35%
2,741,445
– –
SHO icon
8
Sunstone Hotel Investors
SHO
$2.09B
$23.5M 5.8%
2,188,210
-400,000
-15% -$3.94M
RLJ.PRA icon
9
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$323M
$13.1M 3.24%
523,881
– –
SBRA icon
10
Sabra Healthcare REIT
SBRA
$5.37B
$12.8M 3.17%
900,000
– –
HST icon
11
Host Hotels & Resorts
HST
$15.4B
$11.4M 2.82%
586,032
-788,000
-57% -$13.5M
BRX icon
12
Brixmor Property Group
BRX
$9.02B
$4.65M 1.15%
200,000
– –
SLG icon
13
SL Green Realty
SLG
$4.16B
$4.52M 1.12%
100,000
– –

Similar funds

MC
Merck & Co Rahway, New Jersey $526M AUM 175.27% 1-Year Est. Return
UC
Unio Capital Princeton, New Jersey $526M AUM 25.9% 1-Year Est. Return
SCM
Shah Capital Management Raleigh, North Carolina $526M AUM 46.41% 1-Year Est. Return
ACM
Altrius Capital Management New Bern, North Carolina $526M AUM 20.91% 1-Year Est. Return
WMA
West Michigan Advisors Holland, Michigan $526M AUM 45.54% 1-Year Est. Return
PIA
Pinion Investment Advisors Wichita, Kansas $527M AUM 24.64% 1-Year Est. Return
SCP
Stevens Capital Partners Omaha, Nebraska $526M AUM 22.93% 1-Year Est. Return
NYLIC
New York Life Insurance Company New York $527M AUM 17.24% 1-Year Est. Return

H/2 Credit Manager's Q4 2023 Portfolio in Review

As of Q4 2023, H/2 Credit Manager held 13 positions worth $405M, up 12% from $361M the previous quarter. Its ten largest holdings account for 95% of the portfolio.

H/2 Credit Manager withdrew a net $22.9M in Q4 2023, reducing 3 holdings. Its largest reduction was Host Hotels & Resorts, cutting an estimated $13.5M.

By sector, the portfolio is most concentrated in Real Estate at 83% of assets, down from 88% a quarter earlier.

Against the trend, H/2 Credit Manager added an estimated $515K to Summit Hotel Properties.

  • H/2 Credit Manager added most to Summit Hotel Properties in Q4 2023, an estimated $515K increase.
  • H/2 Credit Manager's biggest Q4 2023 reduction was Host Hotels & Resorts, cutting an estimated $13.5M.
  • H/2 Credit Manager's ten largest holdings make up 95% of its $405M portfolio in Q4 2023.
  • H/2 Credit Manager opened 0 new positions and closed 0 in Q4 2023.
  • H/2 Credit Manager's portfolio value rose 12% quarter-over-quarter to $405M.

Based on H/2 Credit Manager's 13F filing for Q4 2023, filed 14 Feb 2024.