Ashford Hospitality Trust
AHT
148 hedge funds and large institutions have $722M invested in Ashford Hospitality Trust in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 55 increasing their positions, 54 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more capital invested
Capital invested by funds: $501M → $722M (+$220M)
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
0% more ownership
Funds ownership: 0.08% → 0.09% (+0%)
6% less funds holding
Funds holding: 157 → 148 (-9)
12% less call options, than puts
Call options by funds: $187K | Put options by funds: $213K
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$41M |
| 2 |
BC
BHR Capital
New York
|
+$25.7M |
| 3 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
+$5.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.21M |
| 5 |
Renaissance Technologies
New York
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$22.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.35M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$9.27M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$2.93M |
AHT Hedge Fund Activity: Q1 2014 in Review
148 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ashford Hospitality Trust (AHT) for Q1 2014, worth a combined $722M — up 44% from $501M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of AHT and 14 opened new positions — a net loss of 7 holders — while 54 trimmed existing stakes and 55 added.
The largest buyer was HG Vora Capital Management, adding an estimated $41M. The largest seller was Morgan Stanley, cutting an estimated $22.4M.
- 148 institutional investors held Ashford Hospitality Trust (AHT) as of Q1 2014, down from 157 in Q4 2013.
- Funds reported $722M of Ashford Hospitality Trust stock for Q1 2014, up 44% quarter-over-quarter.
- 14 funds opened new Ashford Hospitality Trust positions in Q1 2014 and 21 closed out, a net change of -7 holders.
- The largest Ashford Hospitality Trust buyer in Q1 2014 was HG Vora Capital Management, an estimated $41M added.
- The largest Ashford Hospitality Trust seller in Q1 2014 was Morgan Stanley, an estimated $22.4M sold.
Based on aggregated 13F filings for Q1 2014.