Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest

HT

Market cap $403M

HT Hedge Fund Activity: Q1 2023 in Review

157 of the 6,275 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 2023, worth a combined $169M — down 29% from $237M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of HT and 26 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 57 added.

The largest buyer was Millennium Management, adding an estimated $4.37M. The largest seller was BlackRock, cutting an estimated $25M.

• 157 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q1 2023, down from 164 in Q4 2022.
• Funds reported $169M of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q1 2023, down 29% quarter-over-quarter.
• 26 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q1 2023 and 32 closed out, a net change of -6 holders.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q1 2023 was Millennium Management, an estimated $4.37M added.
• The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q1 2023 was BlackRock, an estimated $25M sold.

Based on aggregated 13F filings for Q1 2023.