Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT was delisted on the 27th of November, 2023.
139 hedge funds and large institutions have $265M invested in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 43 closing their positions.
90% more capital invested
Capital invested by funds: $139M → $265M (+$126M)
13% more call options, than puts
Call options by funds: $6.04M | Put options by funds: $5.36M
1% more funds holding
Funds holding: 137 → 139 (+2)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
9% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$18.7M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$15.5M |
| 3 |
Goldman Sachs
New York
|
+$8.96M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$8.43M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$9.83M |
| 2 |
Millennium Management
New York
|
-$9.38M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$4.31M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$3.87M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.65M |
HT Hedge Fund Activity: Q3 2023 in Review
139 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) for Q3 2023, worth a combined $265M — up 90% from $139M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new HT positions and 43 closed out — a net gain of 4 holders — while 35 added to existing stakes and 32 trimmed.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $18.7M. The largest seller was BlackRock, cutting an estimated $9.83M.
- 139 institutional investors held Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest (HT) as of Q3 2023, up from 137 in Q2 2023.
- Funds reported $265M of Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest stock for Q3 2023, up 90% quarter-over-quarter.
- 47 funds opened new Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest positions in Q3 2023 and 43 closed out, a net change of +4 holders.
- The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest buyer in Q3 2023 was Beryl Capital Management, an estimated $18.7M added.
- The largest Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest seller in Q3 2023 was BlackRock, an estimated $9.83M sold.
Based on aggregated 13F filings for Q3 2023.