Pebblebrook Hotel Trust
237 hedge funds and large institutions have $2.12B invested in Pebblebrook Hotel Trust in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 121 reducing their positions, and 29 closing their positions.
2% less funds holding
Funds holding: 243 → 237 (-6)
4.72% less ownership
Funds ownership: 128.46% → 123.74% (-4.7%)
7% less capital invested
Capital invested by funds: $2.27B → $2.12B (-$148M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
48% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 121
93% less call options, than puts
Call options by funds: $135K | Put options by funds: $1.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$17.4M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$16.9M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$11.7M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$9.27M |
| 5 |
Millennium Management
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$36.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.2M |
| 4 |
Renaissance Technologies
New York
|
-$16.6M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$14.8M |
PEB Hedge Fund Activity: Q2 2023 in Review
237 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2023, worth a combined $2.12B — down 6.5% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PEB and 23 opened new positions — a net loss of 6 holders — while 121 trimmed existing stakes and 63 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $17.4M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $36.5M.
- 237 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2023, down from 243 in Q1 2023.
- Funds reported $2.12B of Pebblebrook Hotel Trust stock for Q2 2023, down 6.5% quarter-over-quarter.
- 23 funds opened new Pebblebrook Hotel Trust positions in Q2 2023 and 29 closed out, a net change of -6 holders.
- The largest Pebblebrook Hotel Trust buyer in Q2 2023 was Fuller & Thaler Asset Management, an estimated $17.4M added.
- The largest Pebblebrook Hotel Trust seller in Q2 2023 was Thrivent Financial for Lutherans, an estimated $36.5M sold.
Based on aggregated 13F filings for Q2 2023.