CLIPPER RLTY INC CLPR
COM · REIT · CUSIP 18885T306
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBrooklyn, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($74.6k this quarter). Holder counts are more reliable. Shares outstanding: 16.1m as of 2025-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.67. Options: 3 managers hold calls ($7.6k notional), 4 hold puts ($217.1k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 57 |
| Q4 2022 | 65 |
| Q1 2023 | 67 |
| Q2 2023 | 65 |
| Q3 2023 | 72 |
| Q4 2023 | 67 |
| Q1 2024 | 68 |
| Q2 2024 | 76 |
| Q3 2024 | 78 |
| Q4 2024 | 80 |
| Q1 2025 | 85 |
| Q2 2025 | 77 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 28 | 31 |
| Q4 2023 | 31 | 25 |
| Q1 2024 | 22 | 32 |
| Q2 2024 | 32 | 28 |
| Q3 2024 | 39 | 27 |
| Q4 2024 | 30 | 32 |
| Q1 2025 | 38 | 34 |
| Q2 2025 | 39 | 38 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $198.5k | $149.9k | 0.76 |
| Q4 2024 | $205.0k | $111.7k | 0.55 |
| Q1 2025 | $17.4k | $436.8k | 25.16 |
| Q2 2025 | $7.6k | $217.1k | 28.54 |
Biggest buyers
| Penserra Capital Management LLC | New | +260.3k |
| GSA CAPITAL PARTNERS LLP | Added | +35.4k |
| DEUTSCHE BANK AG\ | Added | +29.2k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +28.4k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +27.9k |
| BlackRock, Inc. | Added | +21.3k |
| Brookwood Investment Group LLC | Added | +20.8k |
| AMERIPRISE FINANCIAL INC | New | +19.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +18.7k |
| ROYAL BANK OF CANADA | Added | +14.5k |
Biggest sellers
| Catalyst Funds Management Pty Ltd | Reduced | -161.0k |
| JANE STREET GROUP, LLC | Sold out | -142.0k |
| MORGAN STANLEY | Reduced | -82.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -58.5k |
| Cubist Systematic Strategies, LLC | Sold out | -50.2k |
| ExodusPoint Capital Management, LP | Sold out | -49.6k |
| CITADEL ADVISORS LLC | Reduced | -43.4k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -27.5k |
| XTX Topco Ltd | Sold out | -21.5k |
| VANGUARD GROUP INC | Reduced | -19.2k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $6.6k1.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $147.0k40.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $64.6k17.6k shares |
| GROUP ONE TRADING LLC | New | $5.5k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Levinson Sam 13D · may seek influence +5.7 pts · filed 2026-10-02 | 46.6% |
| David Bistricer Trust of 2014 13G · passive investor new · filed 2026-09-17 | 5.4% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 754.2k $2.8m | Added +21.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 715.5k $2.6m | Reduced -19.2k |
| MORGAN STANLEY 0.00% of their portfolio | 438.3k $1.6m | Reduced -82.4k |
| AMERICAN FINANCIAL GROUP INC 0.51% of their portfolio | 372.0k $1.4m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 334.0k $1.2m | Added +28.4k |
| STATE STREET CORP 0.00% of their portfolio | 260.7k $956.8k | Added +13.4k |
| Penserra Capital Management LLC 0.01% of their portfolio | 260.3k $955.0k | New |
| Amtrust Financial Services, Inc. 0.30% of their portfolio | 231.9k $851.3k | Unchanged |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 205.0k $752.3k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 142.7k $523.9k | Added +4.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 135.7k $498.1k | Added +6.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 127.1k $466.6k | Added +27.9k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 124.1k $455.5k | Reduced -11.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 115.1k $422.3k | Added +18.7k |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 81.1k $297.7k | Added +14.4k |
| BARCLAYS PLC 0.00% of their portfolio | 80.2k $294.2k | Added +10.6k |
| Brookwood Investment Group LLC 0.04% of their portfolio | 74.6k $273.7k | Added +20.8k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 72.9k $267.6k | Added +583 |
| Cerity Partners LLC 0.00% of their portfolio | 71.4k $262.1k | Reduced -1.7k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 46.4k $170.0k | Added +35.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 46.3k $170.0k | Added +13.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 45.0k $165.1k | Added +1.3k |
| Catalyst Funds Management Pty Ltd 0.04% of their portfolio | 39.6k $145.3k | Reduced -161.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 38.6k $141.5k | Reduced -58.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 38.2k $140.2k | Unchanged |
| Quinn Opportunity Partners LLC 0.01% of their portfolio | 30.2k $110.9k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 29.3k $107.4k | Added +29.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 25.0k $91.9k | Added +2.3k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 24.1k $88.4k | Added +1.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 24.1k $88.4k | Reduced -43.4k |
| Arbiter Partners Capital Management LLC 0.07% of their portfolio | 22.6k $83.0k | Unchanged |
| Equitable Holdings, Inc. 0.00% of their portfolio | 22.5k $82.6k | Added +8.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 22.4k $82.3k | Added +3.5k |
| Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio | 21.2k $77.8k | Added +1.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 21.0k $77.0k | Reduced -17.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 20.3k $74.6k | Added +6.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 19.1k $70.1k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 15.6k $57.2k | Reduced -5.6k |
| Nuveen, LLC 0.00% of their portfolio | 15.1k $55.5k | Reduced -10.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 14.7k $54.0k | Added +14.5k |
| FMR LLC 0.00% of their portfolio | 12.1k $44.5k | Added +2.3k |
| UBS Group AG 0.00% of their portfolio | 11.6k $42.6k | Added +4.4k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 11.1k $40.7k | Reduced -5.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 10.6k $38.8k | Reduced -1.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.8k $32.1k | Added +2.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 7.2k $26.4k | Added +593 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 6.8k $25.0k | Reduced -312 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 5.5k $20.2k | Added +2.5k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 5.0k $18.3k | Reduced -103 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 4.8k $17.8k | Reduced -6.3k |
| CITIGROUP INC 0.00% of their portfolio | 4.7k $17.1k | Reduced -5.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 4.0k $14.7k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 3.8k $13.0k | Reduced -7.3k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.4k $12.6k | Added +2.8k |
| Covestor Ltd 0.01% of their portfolio | 2.8k $10.0k | Reduced -617 |
| STRS OHIO 0.00% of their portfolio | 2.6k $9.5k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 1.6k $6.0k | Added +25 |
| Legal & General Group Plc 0.00% of their portfolio | 1.3k $4.9k | Added +370 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.3k $4.8k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.2k $4.5k | Added +611 |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 1.2k $4.2k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 861 $3.2k | Unchanged |
| Fortitude Family Office, LLC 0.00% of their portfolio | 692 $2.5k | New |
| MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio | 529 $1.9k | Reduced -528 |
| AMALGAMATED BANK 0.00% of their portfolio | 420 $2.0k | Unchanged |
| HARBOR CAPITAL ADVISORS, INC. 0.00% of their portfolio | 408 $1.0k | Reduced -932 |
| Sterling Capital Management LLC 0.00% of their portfolio | 372 $1.4k | Added +333 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 266 $976 | Added +4 |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 263 $966 | New |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 243 $892 | Reduced -680 |
| Private Wealth Management Group, LLC 0.00% of their portfolio | 144 $529 | Reduced -148 |
| Rialto Wealth Management, LLC 0.00% of their portfolio | 133 $489 | Reduced -1 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 29 $111 | New |
| True Wealth Design, LLC 0.00% of their portfolio | 7 $26 | Unchanged |
| Essential Partners LLC 0.00% of their portfolio | 2 $7 | First filing |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 0 $15 | New |