Vault-13

EPR PPTYS EPR 5.75 PERP C

PFD C CV 5.75% · PUBLIC · CUSIP 26884U208

38 institutional holders -2 vs Q1 2025
4,102,3864.1m shares reported held*
$103.7mreported value*
4 new 10 added 13 reduced 7 sold out net bought ≈ $1.2m (+25.0k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $25.27.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 26Q4 22: 27Q1 23: 31Q2 23: 30Q3 23: 28Q4 23: 33Q1 24: 36Q2 24: 35Q3 24: 35Q4 24: 36Q1 25: 40Q2 25: 3838Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202226
Q4 202227
Q1 202331
Q2 202330
Q3 202328
Q4 202333
Q1 202436
Q2 202435
Q3 202435
Q4 202436
Q1 202540
Q2 202538

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 23: 13 bought or addedQ3 23: 7 cut or sold outQ4 23: 20 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 16 bought or addedQ1 24: 13 cut or sold outQ2 24: 12 bought or addedQ2 24: 16 cut or sold outQ2 24Q3 24: 12 bought or addedQ3 24: 12 cut or sold outQ4 24: 14 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 17 cut or sold outQ2 25: 14 bought or addedQ2 25: 20 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023137
Q4 20232011
Q1 20241613
Q2 20241216
Q3 20241212
Q4 20241416
Q1 20251717
Q2 20251420

Biggest buyers

CSS LLC/IL Added +261,663+261.7k
Warberg Asset Management LLC Added +45,232+45.2k
WESTWOOD HOLDINGS GROUP INC New +31,000+31.0k
BANK OF AMERICA CORP /DE/ Added +25,822+25.8k
CAPTRUST FINANCIAL ADVISORS New +13,329+13.3k
Skaana Management L.P. Added +11,546+11.5k
SeaCrest Wealth Management, LLC New +10,600+10.6k
ROYAL BANK OF CANADA Added +5,117+5.1k
WOLVERINE ASSET MANAGEMENT LLC Added +1,344+1.3k
CoreCap Advisors, LLC Added +399+399

Biggest sellers

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sold out -106,777-106.8k
COHEN & STEERS, INC. Reduced -84,700-84.7k
BlackRock, Inc. Reduced -50,165-50.2k
HUB Investment Partners, LLC Sold out -25,812-25.8k
NOMURA HOLDINGS INC Reduced -25,000-25.0k
INFRASTRUCTURE CAPITAL ADVISORS, LLC Sold out -21,660-21.7k
MILLENNIUM MANAGEMENT LLC Sold out -17,700-17.7k
MORGAN STANLEY Reduced -13,944-13.9k
Uniplan Investment Counsel, Inc. Reduced -13,225-13.2k
WELLS FARGO & COMPANY/MN Reduced -6,286-6.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Skaana Management L.P. 9.36% of their portfolio BROOKLYN, NY 861,366861.4k $21.6m $21.6m 9.36% Added +11.5k +11,546
2 CSS LLC/IL 0.90% of their portfolio CHICAGO, IL 558,219558.2k $14.2m $14.2m 0.90% Added +261.7k +261,663
3 CAMDEN ASSET MANAGEMENT L P /CA 0.33% of their portfolio Los Angeles, CA 546,740546.7k $14.0m $14.0m 0.33% Unchanged
4 Aequim Alternative Investments LP 0.36% of their portfolio MILL VALLEY, CA 440,000440.0k $11.0m $11.0m 0.36% Unchanged
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 415,440415.4k $10.4m $10.4m 0.00% Reduced -50.2k -50,165
6 LDR Capital Management LLC 5.41% of their portfolio New York, NY 166,844166.8k $4.2m $4.2m 5.41% Reduced -40 -40
7 Warberg Asset Management LLC 0.84% of their portfolio WINNETKA, IL 135,412135.4k $3.4m $3.4m 0.84% Added +45.2k +45,232
8 Uniplan Investment Counsel, Inc. 0.30% of their portfolio MILWAUKEE, WI 119,257119.3k $3.0m $3.0m 0.30% Reduced -13.2k -13,225
9 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 114,512114.5k $2.9m $2.9m 0.02% Reduced -1.8k -1,815
10 DigitalBridge Group, Inc. 0.25% of their portfolio Boca Raton, FL 100,000100.0k $2.5m $2.5m 0.25% Unchanged
11 Covalent Partners LLC 15.12% of their portfolio CONCORD, MA 85,56285.6k $2.1m $2.1m 15.12% Unchanged
12 Cutler Capital Management, LLC 0.71% of their portfolio WORCESTER, MA 81,99582.0k $2.1m $2.1m 0.71% Reduced -750 -750
13 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 70,21470.2k $1.8m $1.8m 0.00% Reduced -3.3k -3,335
14 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 60,57060.6k $1.5m $1.5m 0.01% Reduced -2.4k -2,374
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 43,38243.4k $1.1m $1.1m 0.00% Reduced -6.3k -6,286
16 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 40,39440.4k $1.0m $1.0m 0.01% Reduced -25.0k -25,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 36,32836.3k $910.0k $910.0k 0.00% Reduced -13.9k -13,944
18 Weiss Asset Management LP 0.01% of their portfolio BOSTON, MA 33,06733.1k $838.6k $838.6k 0.01% Not comparable
19 North Star Investment Management Corp. 0.06% of their portfolio CHICAGO, IL 32,20032.2k $806.6k $806.6k 0.06% Unchanged
20 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 31,00031.0k $776.5k $776.5k 0.01% New
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 30,40230.4k $761.6k $761.6k 0.00% Added +25.8k +25,822
22 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 28,41328.4k $724.0k $724.0k 0.01% Added +1.3k +1,344
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 21,42521.4k $536.7k $536.7k 0.00% Reduced -1.8k -1,826
24 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,32913.3k $333.9k $333.9k 0.00% New
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,69410.7k $268.0k $268.0k 0.00% Added +5.1k +5,117
26 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 10,60010.6k $265.5k $265.5k 0.03% New
27 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 9,3809.4k $235.0k $235.0k 0.01% Added +399 +399
28 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 7,3887.4k $185.0k $185.0k 0.00% Reduced -84.7k -84,700
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,4683.5k $86.9k $86.9k 0.00% Reduced -19 -19
30 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 3,3093.3k $82.9k $82.9k 0.00% Unchanged
31 VIRTUS ADVISERS, LLC 0.03% of their portfolio HARTFORD, CT 1,8571.9k $47.6k $47.6k 0.03% Unchanged
32 Glendon Capital Management LP 0.00% of their portfolio Santa Monica, CA 1,0001.0k $25.1k $25.1k 0.00% Unchanged
33 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 540540 $13.0k $13.0k 0.00% Added +9 +9
34 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 250250 $6.3k $6.3k 0.00% New
35 Medallion Wealth Advisors, LLC 0.00% of their portfolio FARMINGTON, CT 243243 $6.2k $6.2k 0.00% Added +4 +4
36 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 7171 $1.8k $1.8k 0.00% Unchanged
37 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 6666 $1.7k $1.7k 0.00% Added +29 +29
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged