H/2 Credit Manager portfolio
Credit fundPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
H/2 Credit Manager reported a $526M portfolio of 16 positions to the SEC as of the end of Q2 2026. Its largest positions are DHC, RLJ, INN. During the quarter it exited Pebblebrook Hotel Tr.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then H/2 Credit Manager has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
What changed this quarter
5 positions with a change (1 added to, 2 trimmed, 2 sold); also, 1 exited through an acquisition or merger. 3 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Diversified Healthcare Trust−14%fewer sharesReduced19.8% → 22.6%
- Sunstone Hotel Investors+21%more sharesIncreased5.0% → 7.4%
- Pebblebrook Hotel Tr−0.9 ppof portfolioSold out1.0% → —
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Diversified Healthcare TrustDHC22.6%
- RLJ Lodging TrustRLJ21.6%
- Summit Hotel PropertiesINN12.2%
- Diamondrock HospitalityDRH9.2%
- Park Hotels & ResortsPK8.6%
- Sunstone Hotel InvestorsSHO7.4%
- BXPBXP3.4%
- Sabra Health Care ReitSBRA3.3%
- Kite Realty Group TrustKRG3.0%
- Host Hotels & ResortsHST2.6%
- Howard Hughes HoldingsHHH1.9%
- Chatham Lodging TrustCLDT1.5%
- Kimco RealtyKIM1.4%
- Brixmor Property GroupBRX1.2%
- AlexandersALX0.1%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Real Estate 84%
- ● Consumer Discretionary 16%
How its portfolio changed (8 quarters)
Q2 2026: 16
Q2 2026: 94%
Q2 2026: 3.3%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Not counted as a concentrated manager: it is a credit fund; its stocks usually come from debt exchanges. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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