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 ($593.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.97. Options: 5 managers hold calls ($2.2m notional), 2 hold puts ($4.0k).
Trends to Q2 2026
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 |
| Q3 2024 | 202 |
| Q4 2024 | 220 |
| Q1 2025 | 222 |
| Q2 2025 | 210 |
| Q3 2025 | 211 |
| Q4 2025 | 212 |
| Q1 2026 | 223 |
| Q2 2026 | 223 |
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 2024 | 106 | 69 |
| Q4 2024 | 114 | 81 |
| Q1 2025 | 106 | 91 |
| Q2 2025 | 96 | 106 |
| Q3 2025 | 115 | 89 |
| Q4 2025 | 85 | 113 |
| Q1 2026 | 97 | 108 |
| Q2 2026 | 118 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $491.5k | $11.9k | 0.02 |
| Q4 2025 | $370.4k | $1.1k | 0.00 |
| Q1 2026 | $2.4m | $138.7k | 0.06 |
| Q2 2026 | $2.2m | $4.0k | 0.00 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.6m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.0m |
| JPMORGAN CHASE & CO | Added | +928.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +650.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +500.6k |
| BlackRock, Inc. | Added | +447.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +351.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +284.9k |
| UBS Group AG | Added | +239.4k |
| Schonfeld Strategic Advisors LLC | New | +225.7k |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -1.3m |
| JENNISON ASSOCIATES LLC | Reduced | -1.3m |
| VAN ECK ASSOCIATES CORP | Reduced | -218.0k |
| Edgestream Partners, L.P. | Reduced | -206.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -206.2k |
| Qube Research & Technologies Ltd | Reduced | -186.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -136.9k |
| DENALI ADVISORS LLC | Reduced | -128.3k |
| Lido Advisors, LLC | Reduced | -105.8k |
| Y-Intercept (Hong Kong) Ltd | Sold out | -97.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m136.1k shares |
| CITADEL ADVISORS LLC | Reduced | $528.3k53.1k shares |
| JANE STREET GROUP, LLC | Reduced | $167.2k16.8k shares |
| GROUP ONE TRADING LLC | Added | $110.4k11.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $36.8k3.7k shares |
Biggest puts
| GROUP ONE TRADING LLC | Unchanged | $2.0k200 shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0k200 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $1.0m | — |
| Q4 2025 | 1 | $637 | 1 | $212.1k | — |
| Q1 2026 | 1 | $51.6k | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $358.9k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-02 | Perelman Robert Head of Asset Management | Sold | $179.4k17.5k shares |
| 2026-05-29 | Perelman Robert Head of Asset Management | Sold | $179.5k17.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 10.4m $103.6m | Added +447.0k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 6.4m $63.8m | Reduced -1.3m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 5.0m $50.2m | Added +82.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.9m $48.9m | Reduced -26.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 4.2m $41.4m | Added +1.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 3.6m $35.6m | Added +1.6m |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 3.1m $30.8m | Added +284.9k |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $30.3m | Added +129.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.9m $28.8m | Added +92.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 2.8m $27.8m | Added +89.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.7m $27.2m | Added +928.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.5m $25.3m | Reduced -206.2k |
| Nuveen, LLC 0.00% of their portfolio | 2.1m $20.7m | Reduced -26.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 1.8m $17.4m | Added +650.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 1.4m $14.4m | Added +52.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.4m $13.9m | Reduced -65.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 1.2m $11.6m | Reduced -186.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $11.2m | Reduced -68.8k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 1.1m $11.2m | Reduced -218.0k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 1.0m $10.2m | Added +97.1k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 740.6k $7.4m | Added +175.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 722.0k $7.2m | Added +22.3k |
| Focus Partners Wealth 0.01% of their portfolio | 721.5k $7.2m | Added +32.2k |
| Aptus Capital Advisors, LLC 0.05% of their portfolio | 671.7k $6.7m | Added +4.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 663.7k $6.6m | Reduced -8.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 581.5k $5.8m | Added +500.6k |
| MORGAN STANLEY 0.00% of their portfolio | 538.1k $5.4m | Added +192.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 528.3k $5.3m | Added +12.7k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 527.8k $5.3m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 512.2k $5.1m | Added +49.4k |
| Access Investment Management LLC 1.23% of their portfolio | 483.4k $4.8m | Reduced -350 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 423.5k $4.2m | Added +351.5k |
| Brevan Howard Capital Management LP 0.06% of their portfolio | 396.4k $3.9m | Added +39.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 393.4k $3.9m | Reduced -66.9k |
| UBS Group AG 0.00% of their portfolio | 369.1k $3.7m | Added +239.4k |
| DENALI ADVISORS LLC 0.35% of their portfolio | 353.9k $3.5m | Reduced -128.3k |
| Phocas Financial Corp. 0.49% of their portfolio | 353.1k $3.5m | Reduced -18.6k |
| Almitas Capital LLC 0.81% of their portfolio | 340.5k $3.4m | Added +50.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 340.0k $3.4m | Added +72.8k |
| Invesco Ltd. 0.00% of their portfolio | 335.9k $3.3m | Reduced -15.2k |
| Lido Advisors, LLC 0.01% of their portfolio | 331.7k $3.4m | Reduced -105.8k |
| Waterloo Capital, L.P. 0.18% of their portfolio | 318.3k $3.2m | Added +7.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 295.6k $2.9m | Added +66.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 238.2k $2.4m | Reduced -19.2k |
| Swiss National Bank 0.00% of their portfolio | 229.8k $2.3m | Added +3.6k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 229.0k $2.3m | Reduced -80.0k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 225.7k $2.2m | New |
| Atom Investors LP 0.20% of their portfolio | 221.2k $2.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 218.6k $2.2m | Added +11.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 206.0k $2.0m | Added +22.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 201.2k $2.0m | Reduced -35.5k |
| Advisors Capital Management, LLC 0.02% of their portfolio | 196.7k $2.0m | Added +6.3k |
| QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio | 171.2k $1.7m | Added +31.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 165.2k $1.6m | Added +22.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 161.1k $1.6m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 158.8k $1.6m | Added +56.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 148.7k $1.5m | Added +458 |
| Palogic Value Management, L.P. 0.52% of their portfolio | 146.1k $1.5m | Added +2.6k |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 142.6k $1.4m | Reduced -72.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 137.0k $1.4m | Reduced -77.1k |
| XTX Topco Ltd 0.02% of their portfolio | 135.0k $1.3m | Added +94.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 132.5k $1.3m | Added +27.1k |
| AVISO WEALTH MANAGEMENT 0.43% of their portfolio | 127.1k $1.3m | Added +1.4k |
| Penserra Capital Management LLC 0.01% of their portfolio | 121.4k $1.2m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 117.3k $1.2m | Added +66.1k |
| Farther Finance Advisors, LLC 0.01% of their portfolio | 114.8k $1.1m | Added +3.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 112.9k $1.1m | Added +57.7k |
| Cerity Partners LLC 0.00% of their portfolio | 106.5k $1.1m | Added +10.7k |
| Legal & General Group Plc 0.00% of their portfolio | 102.8k $1.0m | Reduced -1.9k |
| Edgestream Partners, L.P. 0.03% of their portfolio | 101.0k $1.0m | Reduced -206.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 98.0k $974.8k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 85.0k $845.9k | Added +3.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 83.4k $830.0k | Added +41.7k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 75.3k $749.2k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 75.3k $748.8k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 73.3k $729.0k | Added +22.1k |
| Capital Square, LLC 0.29% of their portfolio | 67.6k $666.2k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 66.9k $665.5k | Added +8.1k |
| CITIGROUP INC 0.00% of their portfolio | 65.7k $654.0k | Added +47.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 65.1k $647.4k | Unchanged |
| Pallas Capital Advisors LLC 0.02% of their portfolio | 61.4k $611.0k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 60.3k $600.1k | Added +2.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 59.0k $587.0k | Added +18.2k |
| Jupiter Topco LLC 0.00% of their portfolio | 54.7k $543.2k | First filing |
| Handelsbanken Fonder AB 0.00% of their portfolio | 54.2k $539.0k | Added +2.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 51.8k $515.7k | Reduced -54.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 51.3k $508.0k | Added +7.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 48.5k $482.7k | Reduced -3.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 46.5k $462.3k | Added +19.0k |
| Ruggaard & Associates LLC 0.16% of their portfolio | 45.8k $455.3k | Added +2.4k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 45.0k $448.2k | Reduced -4.4k |
| Delphi Financial Group, Inc. 0.22% of their portfolio | 45.0k $447.8k | Unchanged |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 44.1k $439.2k | Reduced -58 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 44.0k $438.1k | Added +7.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 41.4k $411.9k | Added +18.0k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 38.8k $386.0k | Added +1.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 36.7k $365.5k | Added +3.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 36.7k $365.0k | Reduced -5.3k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 35.8k $355.8k | Reduced -6.9k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 35.7k $363.1k | Added +25.5k |