Argosy-Lionbridge Management, LLC

CIK 2056354 · View on SEC EDGAR ↗

Portfolio value
$159.1M
#7,202 of 9,443 by 13F value · top 76.3%
Positions
20
As of
June 30, 2026

Portfolio value QoQ: +11.6% 13F does not disclose cash

Top 10 holdings weight
85.60%
Top 25 holdings weight
100.00%
Positions above 1%
16
Effective number of positions
10.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 28.06% Est. buys $49,303,532 · sells $42,328,920

Median holding: 3.5 quarters Tracked Q4 2024–Q2 2026 · 71.4% still held

New positions
7
Increased
7
Decreased
3
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+6.4%
S&P 500 total return (same window)
+28.1%
Excess return
-21.7%

Annualized: +4.2% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Real Estate
79.7%
Financial Services
12.9%
Consumer products
3.8%
Other/Unmapped
3.6%

Full portfolio 20 positions

Type Streak 8Q trend
IRT Independence Realty Trust, Inc. Common Stock $30,391,906 19.10% 1,820,965 $3,296,350 Up ×3
BN Brookfield Corporation Class A Limited Voting Shares $20,507,085 12.89% 481,500 $3,246,630 Up ×1
FCPT Four Corners Property Trust, Inc. Common Stock $18,463,638 11.60% 752,083 $2,428,441 Up ×2
ELS Equity Lifestyle Properties, Inc. Common Stock $17,328,285 10.89% 268,864 $12,524,192 Up ×1
CPT Camden Property Trust Common Stock $14,900,416 9.36% 130,146 $7,917,726 Up ×1
FR First Industrial Realty Trust, Inc. Common Stock $8,519,883 5.35% 138,964 $-9,845,641 Down ×2
VICI VICI Properties Inc. Common Stock $8,448,210 5.31% 318,200 $984,386 Up ×1
AAT American Assets Trust, Inc. Common Stock $6,110,923 3.84% 247,506 $2,247,345 Up ×1
PLD Prologis, Inc. Common Stock $5,801,503 3.65% 42,825 Up ×1
SMA SmartStop Self Storage REIT, Inc. Common Stock $5,745,578 3.61% 176,787 Up ×1
CBRE CBRE Group Inc Common Stock Class A $5,387,600 3.39% 40,000 Up ×1
INVH Invitation Homes Inc. Common Stock $4,168,980 2.62% 138,000 $739,680
DHI D.R. Horton, Inc. Common Stock $2,984,776 1.88% 18,325 Up ×1
LEN Lennar Corporation Class A Common Stock $2,817,316 1.77% 31,134 $-10,223,447 Down ×2
VNO Vornado Realty Trust Common Stock $2,485,725 1.56% 63,250 Up ×1
STWD STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc. $2,031,530 1.28% 124,025 $-1,003,495 Down ×2
BXMT Blackstone Mortgage Trust, Inc. Common Stock $1,263,199 0.79% 74,525
KRC Kilroy Realty Corporation Common Stock $1,124,100 0.71% 30,000 $277,800
ELME Elme Communities Common Stock $409,630 0.26% 276,777 $-146,692
TOL Toll Brothers, Inc. Common Stock $247,125 0.16% 1,500 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
IRT $30,391,906 19.10% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
PLD $5,801,503 42,825 3.65%
SMA $5,745,578 176,787 3.61%
CBRE $5,387,600 40,000 3.39%
DHI $2,984,776 18,325 1.88%
VNO $2,485,725 63,250 1.56%
BXMT $1,263,199 74,525 0.79%
TOL $247,125 1,500 0.16%

Top movers (QoQ)

Security Action Shares Δ Value Δ
ELS Bought more +192K +$12.5M
LEN Trimmed -119K -$10.2M
FR Trimmed -179K -$9.8M
CPT Bought more +59K +$7.9M
IRT Bought more +1K +$3.3M
BN Bought more +55K +$3.2M
FCPT Bought more +74K +$2.4M
AAT Bought more +38K +$2.2M
STWD Trimmed -52K -$1.0M
VICI Bought more +45K +$984K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
REXR June 30, 2026 603,661 $19,757,825 11.6%
INVH June 30, 2025 210,895 $7,349,690 -8.0%
H March 31, 2026 45,000 $7,214,400 26.9%
AIV March 31, 2026 1,137,063 $6,751,739 -35.7%
KRG March 31, 2026 235,000 $5,697,742 7.1%
VRE Dec. 31, 2025 265,413 $4,034,278 No longer tracked
COLD Sept. 30, 2025 120,000 $1,995,600 23.7%
BXMT March 31, 2026 88,836 $1,700,708 -25.0%
IRT March 31, 2025 7,334 $1,133,616 -21.5%
DBRG Dec. 31, 2025 64,535 $755,060 3.8%
ALX March 31, 2025 2,816 $563,369 27.7%