Argosy-Lionbridge Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Argosy-Lionbridge Management, LLC reported 14 stock positions worth $142.5 million. Its top holding was Independence Realty Trust (IRT) at 19.0% of the portfolio, followed by Rexford Industrial Realty (REXR, 13.9%) and First Industrial Realty TR (FR, 12.9%). Compared with Q4 2025, it opened 4 new positions, sold out of 4, added to 3 and reduced 7. The biggest buy was a new position in Brookfield (BN) and the biggest sale Elme Communities (ELME, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- WAYNE, PA
- CIK
- 0002056354
- Portfolio Value
- $142.5M (Q1 2026)
- SEC Filing
- 0002056354-26-000006 ↗ filed May 15, 2026
Holdings Value
Holdings 14 stocks · $142.5M
| IRT Independence Realty Trust Inc. | 19.01% | 1,819,715 | $27.1M | Add +18.4% |
| REXR Rexford Industrial Realty Inc. | 13.86% | 603,661 | $19.8M | Add +12.1% |
| FR First Industrial Realty TR | 12.88% | 317,468 | $18.4M | Reduce -21.6% |
| BN Brookfield Corp. | 12.11% | 426,500 | $17.3M | New |
| FCPT Four Corners Property Trust | 11.25% | 678,021 | $16.0M | Add +42.4% |
| LEN Lennar Corp. Class A | 9.15% | 150,170 | $13.0M | Reduce -3.4% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 5.24% | 273,200 | $7.5M | New |
| CPT Camden Property Trust | 4.90% | 71,500 | $7.0M | New |
| ELS Equity Lifestyle Properties | 3.37% | 76,964 | $4.8M | Reduce -29.8% |
| AAT American Assets Trust Inc. | 2.71% | 209,863 | $3.9M | Reduce -2.3% |
| INVH Invitation Homes Inc. | 2.41% | 138,000 | $3.4M | Reduce -66.9% |
| STWD Starwood Property Trust Inc. | 2.13% | 176,250 | $3.0M | Reduce -29.9% |
| KRC Kilroy Realty Corp. | 0.59% | 30,000 | $846K | New |
| ELME Elme Communities | 0.39% | 276,777 | $556K | Reduce -60.3% |
Portfolio Sells Q4 2025 → Q1 2026
| ELME Elme Communities | Reduce -60.3% | 0.39% | −7.28 |
| INVH Invitation Homes Inc. | Reduce -66.9% | 2.41% | −4.92 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −4.56 |
| AIV Apartment Invt & Mgmt Co. Class A | Sold out | 0.00% | −4.27 |
| KRG Kite Realty Group Trust | Sold out | 0.00% | −3.60 |
| FR First Industrial Realty TR | Reduce -21.6% | 12.88% | −1.77 |
| BXMT Blackstone Mortgage Tru Class A | Sold out | 0.00% | −1.07 |
| LEN Lennar Corp. Class A | Reduce -3.4% | 9.15% | −0.96 |
| ELS Equity Lifestyle Properties | Reduce -29.8% | 3.37% | −0.83 |
| STWD Starwood Property Trust Inc. | Reduce -29.9% | 2.13% | −0.73 |
| AAT American Assets Trust Inc. | Reduce -2.3% | 2.71% | +0.14 |
Portfolio Buys Q4 2025 → Q1 2026
| BN Brookfield Corp. | New | 12.11% | +12.11 |
| VICI Vici Properties Inc. | New | 5.24% | +5.24 |
| CPT Camden Property Trust | New | 4.90% | +4.90 |
| FCPT Four Corners Property Trust | Add +42.4% | 11.25% | +4.31 |
| IRT Independence Realty Trust Inc. | Add +18.4% | 19.01% | +2.03 |
| REXR Rexford Industrial Realty Inc. | Add +12.1% | 13.86% | +0.68 |
| KRC Kilroy Realty Corp. | New | 0.59% | +0.59 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $159.1M | IRT, BN, FCPT, ELS, CPT |
| Q1 2026 | 14 | $142.5M | IRT, REXR, FR, BN, FCPT |
| Q4 2025 | 14 | $158.2M | IRT, FR, REXR, LEN, ELME |
| Q3 2025 | 14 | $152.0M | REXR, AIV, ELME, FR, LEN |
| Q2 2025 | 12 | $144.7M | ELME, AIV, REXR, FR, LEN |
| Q1 2025 | 12 | $149.9M | ELME, FR, AIV, REXR, VRE |
| Q4 2024 | 12 | $129.8M | FR, ELME, AIV, VRE, REXR |