H/2 Credit Manager L.P. 13F annual report
H/2 Credit Manager L.P. is an investment fund managing more than $371 million ran by Ashvin Rao. There are currently 14 companies in Rao’s portfolio. The largest investments include Veris Residential Inc and Rlj Lodging Tr, together worth $125 million.
$371 million Assets Under Management (AUM)
As of 7th August 2024, H/2 Credit Manager L.P.’s top holding is 4,297,314 shares of Veris Residential Inc currently worth over $64.5 million and making up 17.4% of the portfolio value.
In addition, the fund holds 6,306,257 shares of Rlj Lodging Tr worth $60.8 million.
The third-largest holding is Park Hotels Resorts Inc worth $51.4 million and the next is Diversified Healthcare Tr worth $45.5 million, with 14,917,366 shares owned.
Currently, H/2 Credit Manager L.P.'s portfolio is worth at least $371 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at H/2 Credit Manager L.P.
The H/2 Credit Manager L.P. office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Ashvin Rao serves as the Managing Director at H/2 Credit Manager L.P..
Recent trades
In the most recent 13F filing, H/2 Credit Manager L.P. revealed that it had increased its stake in Park Hotels Resorts Inc and bought 168,750 additional shares worth around .
One of the smallest hedge funds
The two most similar investment funds to H/2 Credit Manager L.P. are Community Bank System, Inc and Lucia Wealth Services. They manage $371 million and $371 million respectively.
Ashvin Rao investment strategy
H/2 Credit Manager L.P.’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Real Estate — making up 15.8% of
the total portfolio value.
The fund focuses on investments in the United States as
21.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.7 billion.
The complete list of H/2 Credit Manager L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Veris Residential Inc |
No change
4,297,314
|
$64,460,000 | 17.36% |
| Rlj Lodging Tr |
No change
6,306,257
|
$60,760,000 | 16.36% |
| Park Hotels Resorts Inc |
5.18%
3,428,750
|
$51,363,000 | 13.83% |
| Diversified Healthcare Tr |
No change
14,917,366
|
$45,498,000 | 12.25% |
| Summit Hotel Properties Inc |
No change
5,010,631
|
$30,014,000 | 8.08% |
| Vornado Rlty Tr |
No change
1,008,913
|
$26,524,000 | 7.14% |
| Diamondrock Hospitality Co. |
No change
2,741,445
|
$23,165,000 | 6.24% |
| Sunstone Hotel Invs Inc New |
No change
2,188,210
|
$22,889,000 | 6.16% |
| Sabra Health Care Reit Inc |
No change
900,000
|
$13,860,000 | 3.73% |
| Host Hotels Resorts Inc |
No change
586,032
|
$10,537,000 | 2.84% |
| Kimco Rlty Corp |
19.17%
357,500
|
$6,957,000 | 1.87% |
| SL Green Realty Corp. |
No change
100,000
|
$5,664,000 | 1.53% |
| Chatham Lodging Tr |
128.85%
595,000
|
$5,069,000 | 1.36% |
| Brixmor Ppty Group Inc |
No change
200,000
|
$4,618,000 | 1.24% |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||
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