Pebblebrook Hotel Trust
164 hedge funds and large institutions have $2.1B invested in Pebblebrook Hotel Trust in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 72 increasing their positions, 57 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
26% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 57
12% more capital invested
Capital invested by funds: $1.87B → $2.1B (+$231M)
4% more funds holding
Funds holding: 157 → 164 (+7)
1.41% more ownership
Funds ownership: 105.9% → 107.31% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$17.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$10.1M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$9.98M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$24.1M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$16.7M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$13.5M |
| 4 |
Cohen & Steers
New York
|
-$8.12M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$5.03M |
PEB Hedge Fund Activity: Q4 2013 in Review
164 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q4 2013, worth a combined $2.1B — up 12% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PEB positions and 9 closed out — a net gain of 9 holders — while 72 added to existing stakes and 57 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $17.7M. The largest seller was AllianceBernstein, cutting an estimated $24.1M.
- 164 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q4 2013, up from 157 in Q3 2013.
- Funds reported $2.1B of Pebblebrook Hotel Trust stock for Q4 2013, up 12% quarter-over-quarter.
- 18 funds opened new Pebblebrook Hotel Trust positions in Q4 2013 and 9 closed out, a net change of +9 holders.
- The largest Pebblebrook Hotel Trust buyer in Q4 2013 was Principal Financial Group, an estimated $17.7M added.
- The largest Pebblebrook Hotel Trust seller in Q4 2013 was AllianceBernstein, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2013.