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.
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.
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..
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 .
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.
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.
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 | |||