LADDER CAP CORP LADR
CL A · REIT · CUSIP 505743104
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.30. Options: 5 managers hold calls ($843.2k notional), 6 hold puts ($521.0k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 176 |
| Q4 2022 | 186 |
| Q1 2023 | 188 |
| Q2 2023 | 172 |
| Q3 2023 | 180 |
| Q4 2023 | 192 |
| Q1 2024 | 196 |
| Q2 2024 | 190 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 102 | 66 |
| Q1 2023 | 106 | 72 |
| Q2 2023 | 78 | 93 |
| Q3 2023 | 88 | 73 |
| Q4 2023 | 93 | 73 |
| Q1 2024 | 94 | 84 |
| Q2 2024 | 96 | 71 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.4m | $172.1k | 0.12 |
| Q4 2023 | $1.6m | $5.8m | 3.64 |
| Q1 2024 | $1.3m | $5.7m | 4.50 |
| Q2 2024 | $843.2k | $521.0k | 0.62 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +353.5k |
| JENNISON ASSOCIATES LLC | Added | +331.6k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | New | +315.6k |
| VAN ECK ASSOCIATES CORP | Added | +266.7k |
| Kestra Advisory Services, LLC | New | +265.8k |
| BlackRock Inc. | Added | +231.5k |
| BANK OF AMERICA CORP /DE/ | Added | +130.5k |
| AMERIPRISE FINANCIAL INC | Added | +119.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | Added | +117.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +105.6k |
Biggest sellers
| Mirae Asset Global Investments Co., Ltd. | Sold out | -943.9k |
| MORGAN STANLEY | Reduced | -940.1k |
| Relative Value Partners Group, LLC | Sold out | -617.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -505.0k |
| Balyasny Asset Management L.P. | Reduced | -331.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -325.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -253.9k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -186.2k |
| FIRST TRUST ADVISORS LP | Reduced | -148.1k |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -141.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $395.1k35.0k shares |
| CITADEL ADVISORS LLC | Reduced | $374.8k33.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $45.0k4.0k shares |
| GROUP ONE TRADING LLC | Reduced | $28.2k2.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $221.3k19.6k shares |
| MKP Capital Management, L.L.C. | Reduced | $124.2k11.0k shares |
| CITADEL ADVISORS LLC | Added | $74.5k6.6k shares |
| SIMPLEX TRADING, LLC | Added | $66.0k5.9k shares |
| GROUP ONE TRADING LLC | New | $35.0k3.1k 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 |
|---|---|
| Harris Brian 13D · may seek influence filed 2026-02-20 | 6.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2024
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $11.1k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 11.2m $126.7m | Reduced -12.5k |
| BlackRock Inc. 0.00% of their portfolio | 10.3m $116.4m | Added +231.5k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 6.7m $75.2m | Added +331.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.7m $53.5m | Added +100.7k |
| KOCH INDUSTRIES LLC 5.29% of their portfolio | 4.0m $45.2m | Unchanged |
| BROWN ADVISORY INC 0.05% of their portfolio | 3.6m $40.6m | Reduced -25.5k |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $33.8m | Added +30.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.7m $30.0m | Reduced -325.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $29.8m | Added +85.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 2.6m $29.9m | Added +22.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.9m $21.7m | Reduced -116.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.6m $18.4m | Added +41.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.6m $18.3m | Reduced -14.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.5m $17.1m | Reduced -253.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $16.8m | Reduced -35.4k |
| Advisors Capital Management, LLC 0.23% of their portfolio | 1.1m $12.9m | Reduced -4.2k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.1m $12.3m | Added +266.7k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 978.5k $11.0m | Unchanged |
| Amundi 0.00% of their portfolio | 745.4k $8.3m | Added +27.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 738.0k $8.3m | Added +353.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 731.5k $8.3m | First filing |
| NORGES BANK 0.00% of their portfolio | 677.9k $7.7m | Reduced -59.2k |
| MORGAN STANLEY 0.00% of their portfolio | 599.9k $6.8m | Reduced -940.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 556.8k $6.3m | Added +81.9k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 545.8k $6.2m | Added +8.7k |
| Phocas Financial Corp. 0.68% of their portfolio | 527.4k $6.0m | Reduced -10.0k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 515.3k $5.8m | Added +14.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 511.2k $5.8m | Added +35.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 483.7k $5.5m | Reduced -148.1k |
| Invesco Ltd. 0.00% of their portfolio | 450.6k $5.1m | Added +13.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 404.6k $4.6m | Added +130.5k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 355.1k $4.0m | Reduced -32.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 340.3k $3.8m | Added +29.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 340.2k $3.8m | Reduced -14.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 320.0k $3.6m | Reduced -505.0k |
| Lido Advisors, LLC 0.03% of their portfolio | 317.7k $3.7m | Reduced -310 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.21% of their portfolio | 315.6k $3.6m | New |
| MERITAGE PORTFOLIO MANAGEMENT 0.22% of their portfolio | 308.2k $3.5m | Added +101.9k |
| Aptus Capital Advisors, LLC 0.06% of their portfolio | 295.6k $3.3m | Added +58.7k |
| MARATHON ASSET MANAGEMENT LP 3.07% of their portfolio | 292.7k $3.3m | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 280.1k $3.2m | Added +59.7k |
| Access Investment Management LLC 1.01% of their portfolio | 276.7k $3.1m | Added +1.4k |
| Kestra Advisory Services, LLC 0.02% of their portfolio | 265.8k $3.1m | New |
| Waterloo Capital, L.P. 0.33% of their portfolio | 243.3k $2.7m | Added +19.6k |
| Swiss National Bank 0.00% of their portfolio | 225.2k $2.5m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 217.6k $2.5m | Added +105.6k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 211.9k $2.4m | Reduced -88.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 200.1k $2.3m | Reduced -712 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 192.2k $2.2m | Added +3.3k |
| AXS Investments LLC 0.59% of their portfolio | 186.6k $2.1m | Reduced -14.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 183.1k $2.1m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 182.0k $2.1m | Added +8.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 179.1k $2.0m | Reduced -85.7k |
| FJ Capital Management LLC 0.20% of their portfolio | 168.7k $1.9m | Added +1.5k |
| UBS Group AG 0.00% of their portfolio | 167.1k $1.9m | Reduced -66.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 165.2k $1.9m | Added +117.4k |
| BARCLAYS PLC 0.00% of their portfolio | 160.1k $1.8m | Reduced -58.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 152.4k $1.7m | Added +20.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 149.6k $1.7m | Added +119.1k |
| AVISO WEALTH MANAGEMENT 0.94% of their portfolio | 139.7k $1.6m | Reduced -5.8k |
| QRG CAPITAL MANAGEMENT, INC. 0.02% of their portfolio | 137.6k $1.6m | Added +24.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 128.6k $1.5m | Added +95.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 128.3k $1.4m | Reduced -6.3k |
| Legal & General Group Plc 0.00% of their portfolio | 125.1k $1.4m | Added +11.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 121.4k $1.4m | Added +8.8k |
| Palogic Value Management, L.P. 0.54% of their portfolio | 113.5k $1.3m | Unchanged |
| FMR LLC 0.00% of their portfolio | 112.2k $1.3m | Added +6.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 111.1k $1.3m | Reduced -3.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 109.7k $1.2m | Added +6 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 100.6k $1.1m | Reduced -331.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 100.2k $1.1m | Reduced -2.3k |
| HST Ventures, LLC 0.49% of their portfolio | 95.1k $1.1m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 90.4k $1.0m | Added +8.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 86.8k $980.4k | Added +4.2k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 75.1k $868.4k | Reduced -14.0k |
| Capital Square, LLC 0.59% of their portfolio | 74.5k $903.1k | Added +1.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 74.2k $838.2k | Added +15.0k |
| Penserra Capital Management LLC 0.01% of their portfolio | 72.1k $814.0k | Added +11.6k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 70.5k $795.4k | Reduced -66.9k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 67.7k $764.5k | Reduced -141.4k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 65.2k $735.5k | Reduced -579 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 64.9k $733.0k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 63.9k $721.6k | Added +7.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 63.6k $719.0k | Added +3.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 61.7k $691.4k | Reduced -1.7k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 61.1k $689.5k | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 60.8k $686.1k | Added +2.6k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 59.8k $674.6k | Added +10.5k |
| Ruggaard & Associates LLC 0.30% of their portfolio | 58.3k $658.7k | Unchanged |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 56.2k $634.2k | Added +10.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 56.0k $631.7k | Reduced -10.4k |
| Nantahala Capital Management, LLC 0.03% of their portfolio | 51.3k $578.7k | Added +25.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 48.9k $552.0k | Added +12.7k |
| Cetera Investment Advisers 0.00% of their portfolio | 48.5k $547.5k | Reduced -6.9k |
| Centiva Capital, LP 0.02% of their portfolio | 42.3k $477.5k | Reduced -6.7k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 41.0k $463.1k | Added +5.0k |
| CITIGROUP INC 0.00% of their portfolio | 40.7k $459.4k | Added +5.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 39.7k $448.4k | Reduced -12.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 38.1k $430.0k | Reduced -1.3k |
| Visionary Wealth Advisors 0.03% of their portfolio | 37.3k $420.8k | Added +1.5k |