Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest

HT

Market cap $403M

HT Hedge Fund Activity: Q1 2021 in Review

144 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) for Q1 2021, worth a combined $274M — up 32% from $208M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of HT and 18 opened new positions — a net loss of 4 holders — while 61 trimmed existing stakes and 40 added.

The largest buyer was Soviero Asset Management, opening a new position worth an estimated $14M. The largest seller was Millennium Management, cutting an estimated $3.28M.

• 144 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q1 2021, down from 150 in Q4 2020.
• Funds reported $274M of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q1 2021, up 32% quarter-over-quarter.
• 18 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q1 2021 and 22 closed out, a net change of -4 holders.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q1 2021 was Soviero Asset Management, an estimated $14M added.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q1 2021 was Millennium Management, an estimated $3.28M sold.

Based on aggregated 13F filings for Q1 2021.