Pebblebrook Hotel Trust
203 hedge funds and large institutions have $2.34B invested in Pebblebrook Hotel Trust in 2016 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 65 increasing their positions, 75 reducing their positions, and 36 closing their positions.
8.68% more ownership
Funds ownership: 114.45% → 123.12% (+8.7%)
8% more capital invested
Capital invested by funds: $2.16B → $2.34B (+$172M)
6% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 36
1% less funds holding
Funds holding: 206 → 203 (-3)
13% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 75
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$277M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$125M |
| 3 |
Goldman Sachs
New York
|
+$19.1M |
| 4 |
Morgan Stanley
New York
|
+$16.5M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$44.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$42.3M |
| 3 |
FM
Forward Management
San Francisco,
California
|
-$24.6M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$22.9M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
P
226
Pitcairn
Conshohocken,
Pennsylvania
| – | -$219K | -8,344 | Closed |
|
227
Stifel Financial
St. Louis,
Missouri
| – | -$215K | -8,171 | Closed |
|
228
Truist Financial
Charlotte,
North Carolina
| – | -$206K | -7,862 | Closed |
|
|
TRCT
229
Tower Research Capital (TRC)
New York
| – | -$69K | -2,639 | Closed |
|
|
CTC
230
Central Trust Company
Jefferson City,
Missouri
| – | -$56K | -2,143 | Closed |
|
|
BL
231
Balentine LLC
Atlanta,
Georgia
| – | -$14K | -540 | Closed |
|
232
Walleye Trading
New York
| – | -$10K | -363 | Closed |
|
|
CCA
233
Checchi Capital Advisers
Beverly Hills,
California
| – | -$9K | -342 | Closed |
|
|
FMII
234
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$8K | -297 | Closed |
|
235
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -149 | Closed |
|
|
PMFA
236
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -81 | Closed |
|
|
AA
237
Apriem Advisors
Irvine,
California
| – | -$2K | -75 | Closed |
|
PEB Hedge Fund Activity: Q3 2016 in Review
203 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2016, worth a combined $2.34B — up 8% from $2.16B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PEB and 34 opened new positions — a net loss of 2 holders — while 75 trimmed existing stakes and 65 added.
The largest buyer was Cohen & Steers, adding an estimated $277M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $44.8M.
- 203 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2016, down from 206 in Q2 2016.
- Funds reported $2.34B of Pebblebrook Hotel Trust stock for Q3 2016, up 8% quarter-over-quarter.
- 34 funds opened new Pebblebrook Hotel Trust positions in Q3 2016 and 36 closed out, a net change of -2 holders.
- The largest Pebblebrook Hotel Trust buyer in Q3 2016 was Cohen & Steers, an estimated $277M added.
- The largest Pebblebrook Hotel Trust seller in Q3 2016 was CBRE Investment Management Listed Real Assets, an estimated $44.8M sold.
Based on aggregated 13F filings for Q3 2016.