Pebblebrook Hotel Trust
PEB
234 hedge funds and large institutions have $1.86B invested in Pebblebrook Hotel Trust in 2020 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 83 increasing their positions, 73 reducing their positions, and 44 closing their positions.
15% more capital invested
Capital invested by funds: $1.61B → $1.86B (+$244M)
14% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 73
7% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 44
1% more funds holding
Funds holding: 232 → 234 (+2)
7.96% less ownership
Funds ownership: 112.14% → 104.19% (-8%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less call options, than puts
Call options by funds: $268K | Put options by funds: $707K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$75.8M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
+$46.1M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$42.7M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
+$31.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$97M |
| 2 |
Blackstone Inc
New York
|
-$69.5M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
-$61.9M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$23.9M |
| 5 |
ClearBridge Investments
New York
|
-$20.6M |
PEB Hedge Fund Activity: Q2 2020 in Review
234 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2020, worth a combined $1.86B — up 15% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PEB positions and 44 closed out — a net gain of 3 holders — while 83 added to existing stakes and 73 trimmed.
The largest buyer was Invesco, adding an estimated $75.8M. The largest seller was Long Pond Capital, exiting entirely with an estimated $97M sold.
- 234 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2020, up from 232 in Q1 2020.
- Funds reported $1.86B of Pebblebrook Hotel Trust stock for Q2 2020, up 15% quarter-over-quarter.
- 47 funds opened new Pebblebrook Hotel Trust positions in Q2 2020 and 44 closed out, a net change of +3 holders.
- The largest Pebblebrook Hotel Trust buyer in Q2 2020 was Invesco, an estimated $75.8M added.
- The largest Pebblebrook Hotel Trust seller in Q2 2020 was Long Pond Capital, an estimated $97M sold.
Based on aggregated 13F filings for Q2 2020.