Ashford Hospitality Trust
AHT
157 hedge funds and large institutions have $501M invested in Ashford Hospitality Trust in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 22 increasing their positions, 105 reducing their positions, and 18 closing their positions.
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
5% more funds holding
Funds holding: 149 → 157 (+8)
0.04% less ownership
Funds ownership: 0.12% → 0.08% (-0.04%)
32% less capital invested
Capital invested by funds: $732M → $501M (-$231M)
79% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 105
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $273K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.8M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$3.29M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.69M |
| 4 |
Millennium Management
New York
|
+$1.68M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$46.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$33.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$18.6M |
| 4 |
Bank of New York Mellon
New York
|
-$18.5M |
| 5 |
FCM
Force Capital Management
New York
|
-$10.4M |
AHT Hedge Fund Activity: Q4 2013 in Review
157 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Ashford Hospitality Trust (AHT) for Q4 2013, worth a combined $501M — down 32% from $732M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new AHT positions and 18 closed out — a net gain of 8 holders — while 22 added to existing stakes and 105 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $13.8M. The largest seller was Morgan Stanley, cutting an estimated $46.8M.
- 157 institutional investors held Ashford Hospitality Trust (AHT) as of Q4 2013, up from 149 in Q3 2013.
- Funds reported $501M of Ashford Hospitality Trust stock for Q4 2013, down 32% quarter-over-quarter.
- 26 funds opened new Ashford Hospitality Trust positions in Q4 2013 and 18 closed out, a net change of +8 holders.
- The largest Ashford Hospitality Trust buyer in Q4 2013 was AQR Capital Management, an estimated $13.8M added.
- The largest Ashford Hospitality Trust seller in Q4 2013 was Morgan Stanley, an estimated $46.8M sold.
Based on aggregated 13F filings for Q4 2013.