Ashford Hospitality Trust
AHT
149 hedge funds and large institutions have $732M invested in Ashford Hospitality Trust in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 23 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
9% more capital invested
Capital invested by funds: $671M → $732M (+$60.8M)
5% more call options, than puts
Call options by funds: $780K | Put options by funds: $745K
0% less ownership
Funds ownership: 0.12% → 0.12% (-0%)
6% less funds holding
Funds holding: 158 → 149 (-9)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$40.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.37M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.99M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.55M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$32.2M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$18.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.05M |
| 4 |
BC
BHR Capital
New York
|
-$5.72M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$5.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMCS
176
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$25K | -4 | Closed |
|
177
Creative Planning
Overland Park,
Kansas
| – | -$23K | -3 | Closed |
|
AHT Hedge Fund Activity: Q3 2013 in Review
149 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ashford Hospitality Trust (AHT) for Q3 2013, worth a combined $732M — up 9.1% from $671M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of AHT and 16 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 69 added.
The largest buyer was Morgan Stanley, adding an estimated $40.3M. The largest seller was Long Pond Capital, exiting entirely with an estimated $32.2M sold.
- 149 institutional investors held Ashford Hospitality Trust (AHT) as of Q3 2013, down from 158 in Q2 2013.
- Funds reported $732M of Ashford Hospitality Trust stock for Q3 2013, up 9.1% quarter-over-quarter.
- 16 funds opened new Ashford Hospitality Trust positions in Q3 2013 and 23 closed out, a net change of -7 holders.
- The largest Ashford Hospitality Trust buyer in Q3 2013 was Morgan Stanley, an estimated $40.3M added.
- The largest Ashford Hospitality Trust seller in Q3 2013 was Long Pond Capital, an estimated $32.2M sold.
Based on aggregated 13F filings for Q3 2013.