Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest

HT

Market cap $403M

HT Hedge Fund Activity: Q4 2013 in Review

177 of the 3,446 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 2013, worth a combined $1.05B — down 2.7% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new HT positions and 13 closed out — a net gain of 9 holders — while 61 added to existing stakes and 69 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $34.4M. The largest seller was Nuveen, cutting an estimated $34.1M.

• 177 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q4 2013, up from 170 in Q3 2013.
• Funds reported $1.05B of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q4 2013, down 2.7% quarter-over-quarter.
• 22 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q4 2013 and 13 closed out, a net change of +9 holders.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q4 2013 was AllianceBernstein, an estimated $34.4M added.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q4 2013 was Nuveen, an estimated $34.1M sold.

Based on aggregated 13F filings for Q4 2013.