H/2 Credit Manager LP
Annual return '25
+18.9%
SPY '25
+17.7%
Alpha
+1.2ptsvs SPY
Invested
$500K
Holdings
19
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 92%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$VRE
VERIS RESIDENTIAL INC
Q4 2024: New position (4.30M shares)
20.7%
02
$DHC
DIVERSIFIED HEALTHCARE TR
Q4 2024: New position (14.92M shares)
19.8%
03
$RLJ
RLJ LODGING TR
Q4 2024: New position (6.30M shares)
14.2%
04
$INN
SUMMIT HOTEL PROPERTIES INC
Q2 2025: Increased +5.0% (8.91M → 9.36M shares)
8.1%
05
$DRH
DIAMONDROCK HOSPITALITY CO
Q1 2025: Increased +35.6% (3.74M → 5.08M shares)
7.6%
06
$PK
PARK HOTELS & RESORTS INC
Q1 2025: Increased +13.8% (3.43M → 3.90M shares)
6.7%
07
$SHO
SUNSTONE HOTEL INVS INC NEW
Q1 2025: Increased +7.2% (2.79M → 2.99M shares)
5.0%
08
$SBRA
SABRA HEALTH CARE REIT INC
Q4 2024: New position (900.0k shares)
3.5%
09
$BXP
BXP INC
Held since at least Q1 2024
2.8%
10
$KRG
KITE RLTY GROUP TR
Q3 2025: New position (560.0k shares)
2.8%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 10:28 UTC.