Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT was delisted on the 27th of November, 2023.
173 hedge funds and large institutions have $663M invested in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest in 2019 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 54 reducing their positions, and 28 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 54
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
5% less capital invested
Capital invested by funds: $694M → $663M (-$31.3M)
2% less funds holding
Funds holding: 176 → 173 (-3)
19% less call options, than puts
Call options by funds: $315K | Put options by funds: $390K
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$14.6M |
| 2 |
BlackRock
New York
|
+$11.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.3M |
| 4 |
TA
Teachers Advisors
New York
|
+$7.29M |
| 5 |
Millennium Management
New York
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$14.5M |
| 2 |
1C
1060 Capital
Denver,
Colorado
|
-$12.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.34M |
| 4 |
Jennison Associates
New York
|
-$6.08M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$6.05M |
HT Hedge Fund Activity: Q1 2019 in Review
173 of the 4,620 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 2019, worth a combined $663M — down 4.5% from $694M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of HT and 27 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 59 added.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $14.6M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $14.5M sold.
- 173 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q1 2019, down from 176 in Q4 2018.
- Funds reported $663M of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q1 2019, down 4.5% quarter-over-quarter.
- 27 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q1 2019 and 28 closed out, a net change of -1 holder.
- The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q1 2019 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $14.6M added.
- The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q1 2019 was Intrinsic Edge Capital Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2019.