Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT was delisted on the 27th of November, 2023.
170 hedge funds and large institutions have $513M invested in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 58 reducing their positions, and 17 closing their positions.
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
6% more funds holding
Funds holding: 161 → 170 (+9)
5% less capital invested
Capital invested by funds: $542M → $513M (-$29M)
12% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 58
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
97% less call options, than puts
Call options by funds: $58K | Put options by funds: $1.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$4.96M |
| 2 |
Millennium Management
New York
|
+$4.22M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.25M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$2.16M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$27.8M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$4.38M |
| 3 |
MCM
Matarin Capital Management
New York
|
-$2.89M |
| 4 |
JG
Jefferies Group
New York
|
-$2.26M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOAMC
176
Spirit of America Management Corp
Syosset,
New York
| – | -$231K | -15,500 | Closed |
|
|
DLG
177
Daniel L. Goodwin
| – | -$194K | -13,006 | Closed |
|
178
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$122K | -8,199 | Closed |
|
|
QT
179
Quantamental Technologies
White Plains,
New York
| – | -$88K | -5,910 | Closed |
|
|
PHK
180
Point72 Hong Kong
Hong Kong
| – | -$35K | -2,385 | Closed |
|
181
ClearBridge Investments
New York
| – | -$31K | -2,103 | Closed |
|
|
HPC
182
HM Payson & Co
Portland,
Maine
| – | -$12K | -780 | Closed |
|
183
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$5K | -335 | Closed |
|
184
Lazard Asset Management
New York
| – | -$1K | -83 | Closed |
|
185
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
HT Hedge Fund Activity: Q4 2019 in Review
170 of the 5,076 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 2019, worth a combined $513M — down 5.4% from $542M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new HT positions and 17 closed out — a net gain of 14 holders — while 51 added to existing stakes and 58 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $4.96M. The largest seller was Jennison Associates, cutting an estimated $27.8M.
- 170 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q4 2019, up from 161 in Q3 2019.
- Funds reported $513M of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q4 2019, down 5.4% quarter-over-quarter.
- 31 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q4 2019 and 17 closed out, a net change of +14 holders.
- The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q4 2019 was Intrinsic Edge Capital Management, an estimated $4.96M added.
- The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q4 2019 was Jennison Associates, an estimated $27.8M sold.
Based on aggregated 13F filings for Q4 2019.