Pebblebrook Hotel Trust
240 hedge funds and large institutions have $3.17B invested in Pebblebrook Hotel Trust in 2018 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 66 increasing their positions, 88 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
96% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 24
11% more capital invested
Capital invested by funds: $2.87B → $3.17B (+$303M)
10% more funds holding
Funds holding: 218 → 240 (+22)
2.46% less ownership
Funds ownership: 120.8% → 118.34% (-2.5%)
25% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 88
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$67.4M |
| 2 |
LPC
Long Pond Capital
New York
|
+$38M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$23.1M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$20.9M |
| 5 |
TA
Teachers Advisors
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$103M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.9M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$26.1M |
| 4 |
Cohen & Steers
New York
|
-$26.1M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
251
Quantbot Technologies
New York
| – | -$555K | -16,159 | Closed |
|
|
AWCI
252
Alpine Woods Capital Investors
Purchase,
New York
| – | -$526K | -15,300 | Closed |
|
|
ECM
253
Element Capital Management
New York
| – | -$327K | -9,511 | Closed |
|
|
JG
254
Jefferies Group
New York
| – | -$290K | -8,440 | Closed |
|
255
Jane Street
New York
| – | -$254K | -7,393 | Closed |
|
|
VIA
256
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$201K | -5,614 | Closed |
|
|
FCAG
257
First Capital Advisors Group
Little Silver,
New Jersey
| – | -$15K | -441 | Closed |
|
|
SWP
258
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$12K | -335 | Closed |
|
|
PHK
259
Point72 Hong Kong
Hong Kong
| – | -$4K | -106 | Closed |
|
|
LNB
260
Ledyard National Bank
| – | -$3K | -94 | Closed |
|
|
ML
261
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$3K | -80 | Closed |
|
262
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -54 | Closed |
|
|
CCA
263
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$1K | -28 | Closed |
|
|
CF
264
Centaurus Financial
Anaheim,
California
| – | +$376 | +10 | New |
|
PEB Hedge Fund Activity: Q2 2018 in Review
240 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2018, worth a combined $3.17B — up 11% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PEB positions and 24 closed out — a net gain of 23 holders — while 66 added to existing stakes and 88 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $67.4M. The largest seller was JP Morgan Chase, cutting an estimated $103M.
- 240 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2018, up from 218 in Q1 2018.
- Funds reported $3.17B of Pebblebrook Hotel Trust stock for Q2 2018, up 11% quarter-over-quarter.
- 47 funds opened new Pebblebrook Hotel Trust positions in Q2 2018 and 24 closed out, a net change of +23 holders.
- The largest Pebblebrook Hotel Trust buyer in Q2 2018 was EARNEST Partners, an estimated $67.4M added.
- The largest Pebblebrook Hotel Trust seller in Q2 2018 was JP Morgan Chase, an estimated $103M sold.
Based on aggregated 13F filings for Q2 2018.