Dark Forest Capital Management’s Pebblebrook Hotel Trust PEB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-137,147	Closed	-$1.55M	–	1053
2025 Q4	$1.55M	Buy	137,147 +48,696	+55%	+$536K	0.07%	487
2025 Q3	$1.01M	Sell	88,451 -76,971	-47%	-$830K	0.04%	740
2025 Q2	$1.65M	Buy	165,422 +54,793	+50%	+$509K	0.07%	532
2025 Q1	$1.12M	Buy	+110,629	New	+$1.35M	0.05%	633
2023 Q2	–	Sell	-16,242	Closed	-$228K	–	1302
2023 Q1	$228K	Sell	16,242 -311,767	-95%	-$4.55M	0.05%	333
2022 Q4	$4.39M	Buy	328,009 +282,468	+620%	+$4.32M	1.08%	23
2022 Q3	$661K	Buy	+45,541	New	+$819K	0.11%	209
2022 Q2	–	Sell	-985	Closed	-$24K	–	1247
2022 Q1	$24K	Buy	+985	New	+$22.6K	0.01%	744
2021 Q4	–	Sell	-170	Closed	-$4K	–	1699
2021 Q3	$4K	Sell	170 -136	-44%	-$3.01K	﹤0.01%	1117
2021 Q2	$7K	Buy	+306	New	+$7.2K	﹤0.01%	669