TFS Capital’s Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest HT Stock Holding History

TFS Capital’s Portfolio HT Stock Details HT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-94,219	Closed	-$2.2M	–	1408
2014 Q1	$2.2M	Sell	94,219 -26,244	-22%	-$585K	0.15%	202
2013 Q4	$2.68M	Sell	120,463 -6,156	-5%	-$139K	0.13%	234
2013 Q3	$2.83M	Sell	126,619 -57,642	-31%	-$1.29M	0.13%	217
2013 Q2	$4.16M	Buy	+184,261	New	+$4.29M	0.17%	135

Other funds holding HT

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

GRS Advisors Chicago, Illinois $1.01B AUM 13.12% 1-Year Est. Return

LCP

Lombardia Capital Partners Pasadena, California $110M AUM 13.11% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

VNIM

Vaughan Nelson Investment Management Houston, Texas $11.3B AUM 53% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

TAM

Third Avenue Management New York $616M AUM 45.6% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

TFS Capital's HT Position: Q2 2014 in Review

TFS Capital sold out of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) in Q2 2014, closing a stake of 94,219 shares — an estimated $2.2M sold.

TFS Capital first reported a position in HT in Q2 2013 and held it in 4 quarters. The position peaked at $4.16M in Q2 2013. 182 funds tracked by Wall St. Rank hold HT as of Q2 2014.

TFS Capital reported no remaining Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest position as of Q2 2014 after selling out during the quarter.
TFS Capital sold 94,219 Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest shares in Q2 2014, an estimated $2.2M.
TFS Capital first reported a position in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest in Q2 2013 and held it in 4 quarters.
TFS Capital's Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest position peaked at $4.16M in Q2 2013.
182 funds tracked by Wall St. Rank held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest as of Q2 2014.

Based on TFS Capital's 13F filing for Q2 2014, filed 21 Jul 2014.