DigitalBridge Group, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), DigitalBridge Group, Inc. reported 46 stock positions worth $1.2 billion. Its top holding was Equinix (EQIX) at 14.8% of the portfolio, followed by SBA Communications (SBAC, 11.1%) and Digital Realty Trust (DLR, 4.9%). Compared with Q4 2024, it opened 6 new positions, sold out of 10, added to 16 and reduced 20. The biggest buy was Crown Castle (CCI, shares +87%) and the biggest sale Hewlett Packard Enterprise (HPE, shares −61%).

Most Recent 13F
Q2 2026
Location
Boca Raton, FL
CIK
0001679688
Portfolio Value
$1.2B (Q1 2025)
SEC Filing
0001172661-25-002160 ↗ filed May 15, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.2B $1.2B Q1 2025 Q2 2025: $990.3M Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 46 stocks · $1.2B
EQIX Equinix Inc. 14.80% 221,886 $180.9M Add +12.2%
SBAC SBA Communications Corp. 11.11% 617,356 $135.8M Reduce -26.1%
DLR Digital Realty Trust Inc. 4.92% 420,000 $60.2M Add +15.1%
CCOI Cogent Communications Holdin 4.89% 975,078 $59.8M Add +7.4%
CCI Crown Castle Inc. 4.79% 561,956 $58.6M Add +86.8%
DOX Amdocs Ltd. 4.24% 566,580 $51.8M Reduce -25.4%
T AT&T Inc. 4.03% 1,743,672 $49.3M Reduce -39.2%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 3.03% 4,769,187 $37.0M Reduce -25.3%
LYV Live Nation Entertainment Inc. 2.61% 244,226 $31.9M Reduce -0.5%
RCI Rogers Communications Inc. Class B 2.60% 828,481 $31.8M New
AMZN Amazon.com Inc. 2.60% 166,808 $31.7M New
PWR Quanta Services Inc. 2.38% 114,276 $29.0M Reduce -0.2%
WMG Warner Music Group Corp. Class A 2.30% 896,366 $28.1M Reduce -0.0%
CIEN Ciena Corp. 2.25% 455,065 $27.5M Reduce -7.9%
ANET Arista Networks Inc. 2.24% 353,178 $27.4M Add +19.1%
LITE Lumentum Holdings Inc. 2.21% 433,627 $27.0M Add +14.6%
TKO Tko Group Holdings Inc. 2.20% 176,135 $26.9M Reduce -40.4%
STX Seagate Technology Holdings 2.17% 312,134 $26.5M Reduce -34.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.08% 257,987 $25.5M New
AMT American Tower Corp. 1.99% 112,000 $24.4M New
AVGO Broadcom Inc. 1.83% 133,952 $22.4M Add +9.9%
NVDA Nvidia Corp. 1.82% 205,860 $22.3M New
OUT Outfront Media Inc. 1.75% 1,632,241 $21.4M Add +78.1%
VRT Vertiv Holdings Co. Class A 1.63% 276,799 $20.0M Add +20.1%
BE Bloom Energy Corp. Class A 1.34% 835,649 $16.4M Reduce -41.1%
NTST Netstreit Corp. 1.15% 1,132,429 $14.1M Add +18.7%
HPE Hewlett Packard Enterprise 1.12% 887,485 $13.7M Reduce -60.7%
KRG Kite Realty Group Trust 1.12% 610,400 $13.7M Add +120.9%
TDS Telephone and Data Systems 1.12% 352,100 $13.6M Add +18.6%
VRE Veris Residential Inc. 0.84% 705,994 $10.2M Add +60.7%
PLD Prologis Inc. 0.81% 88,700 $9.9M Reduce -15.4%
GLPI Gaming and Leisure Propertie 0.74% 176,790 $9.0M Reduce -11.5%
CBRE CBRE Group Inc. Class A 0.69% 64,450 $8.4M Reduce -30.7%
AIV Apartment Invt & Mgmt Co. Class A 0.64% 1,125,253 $7.9M Reduce -7.5%
TRNO Terreno Realty Corp. 0.59% 113,289 $7.2M Reduce -5.5%
BRDG Bridge Investment Grp HDS-A 0.47% 603,431 $5.8M Add +18.8%
EGP Eastgroup Properties Inc. 0.47% 32,500 $5.7M Reduce -39.6%
RHP Ryman Hospitality Properties 0.46% 62,100 $5.7M Reduce -47.0%
ELME Elme Communities 0.39% 298,461 $4.8M New
CZR Caesars Entertainment Inc. 0.39% 190,000 $4.8M Reduce -20.5%
WSR Whitestone REIT 0.36% 379,092 $4.5M Add +30.5%
UNIT Uniti Group LLC Com SHS 0.26% 620,910 $3.1M No change
HUDSON PAC PPTYS INC 0.18% 725,700 $2.1M No change
NN Nextnav Inc. 0.17% 174,998 $2.1M Add +50.2%
ILPT Industrial Logistics Propert 0.13% 456,225 $1.6M No change
CCO Clear Channel Outdoor Holdin 0.07% 823,833 $914K No change

Options reported separately and not counted above: CCI calls ($3.4M), O puts ($2.4M), PLD calls ($1.8M), TDS calls ($1.7M), WELL puts ($1.7M), SPG puts ($1.1M), OHI puts ($640K), STWD puts ($387K), CZR calls ($245K), OBDC puts ($242K).

Other holdings (6): bonds, preferreds, convertibles and warrants · $8.3M (not counted above)
SecurityClassShares / PrincipalValueChange
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E 89,743$2.7MAdd +17.0%
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% 100,000$2.3MReduce -13.0%
BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) NOTE 4.500% 6/0 · principal 1,500,000$1.3MNo change
KIMCO REALTY CORP (KIM 7.25 PERP N) DP CV CL N 7.25% 20,000$1.2MNew
PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F 30,000$525KNew
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) 6.375 PFD SER E 20,000$343KNew

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q4 2024 → Q1 2025
HPE Hewlett Packard Enterprise Reduce -60.7% 1.12% −2.40
TER Teradyne Inc. Sold out 0.00% −2.02
MRVL Marvell Technology Inc. Sold out 0.00% −1.71
SBAC SBA Communications Corp. Reduce -26.1% 11.11% −1.31
BE Bloom Energy Corp. Class A Reduce -41.1% 1.34% −0.95
HLIT Harmonic Inc. Sold out 0.00% −0.88
TKO Tko Group Holdings Inc. Reduce -40.4% 2.20% −0.86
STX Seagate Technology Holdings Reduce -34.8% 2.17% −0.84
H Hyatt Hotels Corp. Class A Sold out 0.00% −0.84
CIEN Ciena Corp. Reduce -7.9% 2.25% −0.81
T AT&T Inc. Reduce -39.2% 4.03% −0.73
ERIC Ericsson (lm) Tel-SP ADR Reduce -25.3% 3.03% −0.73
HR Healthcare Realty Trust Inc. Sold out 0.00% −0.65
DOX Amdocs Ltd. Reduce -25.4% 4.24% −0.48
RHP Ryman Hospitality Properties Reduce -47.0% 0.46% −0.43
LINE Lineage Inc. Sold out 0.00% −0.38
VICI Vici Properties Inc. Sold out 0.00% −0.31
PWR Quanta Services Inc. Reduce -0.2% 2.38% −0.27
CBRE CBRE Group Inc. Class A Reduce -30.7% 0.69% −0.20
CZR Caesars Entertainment Inc. Reduce -20.5% 0.39% −0.19
AIV Apartment Invt & Mgmt Co. Class A Reduce -7.5% 0.64% −0.16
EGP Eastgroup Properties Inc. Reduce -39.6% 0.47% −0.16
ALEX Alexander & Baldwin Inc. Sold out 0.00% −0.14
SHO Sunstone Hotel Investors Inc. Sold out 0.00% −0.13
CIO City Office REIT Inc. Sold out 0.00% −0.03
PLD Prologis Inc. Reduce -15.4% 0.81% +0.00
GLPI Gaming and Leisure Propertie Reduce -11.5% 0.74% +0.03
TRNO Terreno Realty Corp. Reduce -5.5% 0.59% +0.07
WMG Warner Music Group Corp. Class A Reduce -0.0% 2.30% +0.27
LYV Live Nation Entertainment Inc. Reduce -0.5% 2.61% +0.29

Portfolio Buys Q4 2024 → Q1 2025
CCI Crown Castle Inc. Add +86.8% 4.79% +2.80
RCI Rogers Communications Inc. Class B New 2.60% +2.60
AMZN Amazon.com Inc. New 2.60% +2.60
DIS The Walt Disney Co. New 2.08% +2.08
AMT American Tower Corp. New 1.99% +1.99
NVDA Nvidia Corp. New 1.82% +1.82
EQIX Equinix Inc. Add +12.2% 14.80% +1.20
KRG Kite Realty Group Trust Add +120.9% 1.12% +0.61
OUT Outfront Media Inc. Add +78.1% 1.75% +0.51
ELME Elme Communities New 0.39% +0.39
TDS Telephone and Data Systems Add +18.6% 1.12% +0.38
VRE Veris Residential Inc. Add +60.7% 0.84% +0.30
DLR Digital Realty Trust Inc. Add +15.1% 4.92% +0.20
NTST Netstreit Corp. Add +18.7% 1.15% +0.17
BRDG Bridge Investment Grp HDS-A Add +18.8% 0.47% +0.16
WSR Whitestone REIT Add +30.5% 0.36% +0.06
NN Nextnav Inc. Add +50.2% 0.17% +0.04
LITE Lumentum Holdings Inc. Add +14.6% 2.21% −0.11
ANET Arista Networks Inc. Add +19.1% 2.24% −0.15
CCOI Cogent Communications Holdin Add +7.4% 4.89% −0.22
AVGO Broadcom Inc. Add +9.9% 1.83% −0.23
VRT Vertiv Holdings Co. Class A Add +20.1% 1.63% −0.28

Options Activity Q4 2024 → Q1 2025
O Realty Income Corp. put Reduce -8.1% 40,800 $2.4M
PLD Prologis Inc. call Add +0.6% 16,500 $1.8M
WELL Welltower Inc. put Add +15.6% 11,100 $1.7M
IRM Iron Mountain Inc. put Sold out 16,000 $1.7Mbefore exit
ARCC Ares Capital Corp. put Sold out 67,600 $1.5Mbefore exit
AD Array Digital Infrastructure put Sold out 18,000 $1.1Mbefore exit
SPG Simon Property Group Inc. put Add +17.9% 6,600 $1.1M
OHI Omega Healthcare Investors put Reduce -31.4% 16,800 $640K
VNQ Vanguard Real Estate ETF put Sold out 5,500 $490Kbefore exit
STWD Starwood Property Trust Inc. put Add +40.0% 19,600 $387K
ABR Arbor Realty Trust Inc. put Sold out 24,500 $339Kbefore exit
GBDC Golub Capital BDC Inc. put Sold out 16,500 $250Kbefore exit
OBDC Blue Owl Capital Corp. put Reduce -35.3% 16,500 $242K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal Sold out 4,500,000 $4.4Mbefore exit
EPR PROPERTIES (EPR 9 PERP E) CONV PFD 9% SR E Add +17.0% 89,743 $2.7M
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% Reduce -13.0% 100,000 $2.3M
KIMCO REALTY CORP (KIM 7.25 PERP N) DP CV CL N 7.25% New 20,000 $1.2M
PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F New 30,000 $525K
PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) 6.375 PFD SER E New 20,000 $343K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 55$1.7BEQIX, DOX, AMT, ANET, AMZN
Q1 2026 56$1.6BEQIX, SBAC, DOX, T, AMZN
Q4 2025 55$1.3BEQIX, SBAC, DOX, AMZN, T
Q3 2025 57$1.2BEQIX, SBAC, DOX, T, HPE
Q2 2025 45$990.3MEQIX, SBAC, DOX, T, AMZN
Q1 2025 46$1.2BEQIX, SBAC, DLR, CCOI, CCI
Q4 2024Amended 50$1.4BEQIX, SBAC, CCOI, T, DLR
Q3 2024 53$1.3BSBAC, EQIX, CCI, DOX, T
Q2 2024 49$1.1BEQIX, SBAC, CCI, T, DOX
Q1 2024 41$1.1BEQIX, SBAC, CCI, DOX, OUT