Argosy-Lionbridge Management, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Argosy-Lionbridge Management, LLC reported 20 stock positions worth $159.1 million. Its top holding was Independence Realty Trust (IRT) at 19.1% of the portfolio, followed by Brookfield (BN, 12.9%) and Four Corners Property Trust (FCPT, 11.6%). Compared with Q1 2026, it opened 7 new positions, sold out of 1, added to 7 and reduced 3. The biggest buy was Equity Lifestyle Properties (ELS, shares +249%) and the biggest sale an exit from Rexford Industrial Realty (REXR).

Most Recent 13F
Q2 2026
Location
WAYNE, PA
CIK
0002056354
Portfolio Value
$159.1M (Q2 2026)
SEC Filing
0002056354-26-000008 ↗ filed Aug 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $129.8M Q4 2024 Q1 2025: $149.9M Q1 2025 Q2 2025: $144.7M Q2 2025 Q3 2025: $152.0M Q3 2025 Q4 2025: $158.2M Q4 2025 Q1 2026: $142.5M Q1 2026 Q2 2026: $159.1M $159.1M Q2 2026

Holdings 20 stocks · $159.1M
IRT Independence Realty Trust Inc. 19.10% 1,820,965 $30.4M Add +0.1%
BN Brookfield Corp. 12.89% 481,500 $20.5M Add +12.9%
FCPT Four Corners Property Trust 11.60% 752,083 $18.5M Add +10.9%
ELS Equity Lifestyle Properties 10.89% 268,864 $17.3M Add +249.3%
CPT Camden Property Trust 9.36% 130,146 $14.9M Add +82.0%
FR First Industrial Realty TR 5.35% 138,964 $8.5M Reduce -56.2%
VICI Vici Properties Inc. filed as VICI PPTYS INC 5.31% 318,200 $8.4M Add +16.5%
AAT American Assets Trust Inc. 3.84% 247,506 $6.1M Add +17.9%
PLD Prologis Inc. 3.65% 42,825 $5.8M New
SMA Smartstop Self Storage REIT 3.61% 176,787 $5.7M New
CBRE CBRE Group Inc. Class A 3.39% 40,000 $5.4M New
INVH Invitation Homes Inc. 2.62% 138,000 $4.2M No change
DHI D.R. Horton Inc. 1.88% 18,325 $3.0M New
LEN Lennar Corp. Class A 1.77% 31,134 $2.8M Reduce -79.3%
VNO Vornado Realty Trust 1.56% 63,250 $2.5M New
STWD Starwood Property Trust Inc. 1.28% 124,025 $2.0M Reduce -29.6%
BXMT Blackstone Mortgage Tru Class A 0.79% 74,525 $1.3M New
KRC Kilroy Realty Corp. 0.71% 30,000 $1.1M No change
ELME Elme Communities 0.26% 276,777 $410K No change
TOL Toll Brothers Inc. 0.16% 1,500 $247K New

Portfolio Sells Q1 2026 → Q2 2026
REXR Rexford Industrial Realty Inc. Sold out 0.00% −13.86
FR First Industrial Realty TR Reduce -56.2% 5.35% −7.53
LEN Lennar Corp. Class A Reduce -79.3% 1.77% −7.38
STWD Starwood Property Trust Inc. Reduce -29.6% 1.28% −0.85

Portfolio Buys Q1 2026 → Q2 2026
ELS Equity Lifestyle Properties Add +249.3% 10.89% +7.52
CPT Camden Property Trust Add +82.0% 9.36% +4.46
PLD Prologis Inc. New 3.65% +3.65
SMA Smartstop Self Storage REIT New 3.61% +3.61
CBRE CBRE Group Inc. Class A New 3.39% +3.39
DHI D.R. Horton Inc. New 1.88% +1.88
VNO Vornado Realty Trust New 1.56% +1.56
AAT American Assets Trust Inc. Add +17.9% 3.84% +1.13
BXMT Blackstone Mortgage Tru Class A New 0.79% +0.79
BN Brookfield Corp. Add +12.9% 12.89% +0.78
FCPT Four Corners Property Trust Add +10.9% 11.60% +0.35
TOL Toll Brothers Inc. New 0.16% +0.16
IRT Independence Realty Trust Inc. Add +0.1% 19.10% +0.09
VICI Vici Properties Inc. Add +16.5% 5.31% +0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 20$159.1MIRT, BN, FCPT, ELS, CPT
Q1 2026 14$142.5MIRT, REXR, FR, BN, FCPT
Q4 2025 14$158.2MIRT, FR, REXR, LEN, ELME
Q3 2025 14$152.0MREXR, AIV, ELME, FR, LEN
Q2 2025 12$144.7MELME, AIV, REXR, FR, LEN
Q1 2025 12$149.9MELME, FR, AIV, REXR, VRE
Q4 2024 12$129.8MFR, ELME, AIV, VRE, REXR