Argosy-Lionbridge Management
WAYNE, PAfiles as Argosy-Lionbridge Management, LLC
$159m in 20 US stocks at the end of 30 June 2026. The top 10 are 85.6% of the money. It changed about 29.8% of the portfolio this quarter.
Value
$159m
Stocks
20
Top 10 share
85.6%
Turnover
29.8%
What changed this quarter
New
Bought for the first time this quarter.
- PrologisPLD3.6% of the fund
- SmartStop Self Storage REITSMA3.6% of the fund
- Cbre GroupCBRE3.4% of the fund
- Horton D RDHI1.9% of the fund
- Vornado Realty TrustVNO1.6% of the fund
- Blackstone Mortgage TrustBXMT0.8% of the fund
- Toll BrothersTOL0.2% of the fund
Added
Bought more of a stock they already held.
- BrookfieldBN12.9% of the fund+13%
- Four Corners Property TrustFCPT11.6% of the fund+11%
- Equity Lifestyle PropertiesELS10.9% of the fund+249%
- Camden Property TrustCPT9.4% of the fund+82%
- Vici PropertiesVICI5.3% of the fund+16%
- American Assets TrustAAT3.8% of the fund+18%
Cut
Sold some of their stake.
- First Industrial Realty TrustFR5.4% of the fund-56%
- LennarLEN1.8% of the fund-79%
- Starwood Property TrustSTWD1.3% of the fund-30%
Sold out
Sold their entire stake.
Holdings
- BrookfieldBN
- Share
- 12.9%
- Value
- $21m
- Shares
- 481,500
+13%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Independence Realty TrustIRT | 19.1% | $30m | 1,820,965 | Held |
| BrookfieldBN | 12.9% | $21m | 481,500 | +13% |
| Four Corners Property TrustFCPT | 11.6% | $18m | 752,083 | +11% |
| Equity Lifestyle PropertiesELS | 10.9% | $17m | 268,864 | +249% |
| Camden Property TrustCPT | 9.4% | $15m | 130,146 | +82% |
| First Industrial Realty TrustFR | 5.4% | $9m | 138,964 | -56% |
| Vici PropertiesVICI | 5.3% | $8m | 318,200 | +16% |
| American Assets TrustAAT | 3.8% | $6m | 247,506 | +18% |
| PrologisPLD | 3.6% | $6m | 42,825 | New |
| SmartStop Self Storage REITSMA | 3.6% | $6m | 176,787 | New |
| Cbre GroupCBRE | 3.4% | $5m | 40,000 | New |
| Invitation HomesINVH | 2.6% | $4m | 138,000 | Held |
| Horton D RDHI | 1.9% | $3m | 18,325 | New |
| LennarLEN | 1.8% | $3m | 31,134 | -79% |
| Vornado Realty TrustVNO | 1.6% | $2m | 63,250 | New |
| Starwood Property TrustSTWD | 1.3% | $2m | 124,025 | -30% |
| Blackstone Mortgage TrustBXMT | 0.8% | $1m | 74,525 | New |
| Kilroy RealtyKRC | 0.7% | $1m | 30,000 | Held |
| Elme CommunitiesELME | 0.3% | $409,630 | 276,777 | Held |
| Toll BrothersTOL | 0.2% | $247,125 | 1,500 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.0% since 30 June 2025.
Where the money is
Real estate94.9%
Retail & consumer3.8%
Financial services1.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.