Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest

HT

Market cap $403M

HT Hedge Fund Activity: Q4 2018 in Review

176 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) for Q4 2018, worth a combined $694M — down 21% from $875M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new HT positions and 13 closed out — a net gain of 14 holders — while 53 added to existing stakes and 67 trimmed.

The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $15.4M. The largest seller was Loomis, Sayles & Company, cutting an estimated $7.49M.

• 176 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q4 2018, up from 163 in Q3 2018.
• Funds reported $694M of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q4 2018, down 21% quarter-over-quarter.
• 27 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q4 2018 and 13 closed out, a net change of +14 holders.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q4 2018 was Intrinsic Edge Capital Management, an estimated $15.4M added.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q4 2018 was Loomis, Sayles & Company, an estimated $7.49M sold.

Based on aggregated 13F filings for Q4 2018.