Pebblebrook Hotel Trust
189 hedge funds and large institutions have $2.28B invested in Pebblebrook Hotel Trust in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 71 increasing their positions, 59 reducing their positions, and 17 closing their positions.
700% more call options, than puts
Call options by funds: $320K | Put options by funds: $40K
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
20% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 59
10% more funds holding
Funds holding: 172 → 189 (+17)
3% more capital invested
Capital invested by funds: $2.21B → $2.28B (+$73.6M)
0.56% less ownership
Funds ownership: 111.64% → 111.08% (-0.56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$39.2M |
| 2 |
Cohen & Steers
New York
|
+$20.9M |
| 3 |
Bank of New York Mellon
New York
|
+$19.6M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$15M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$72.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.5M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$15M |
PEB Hedge Fund Activity: Q1 2016 in Review
189 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2016, worth a combined $2.28B — up 3.3% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PEB positions and 17 closed out — a net gain of 17 holders — while 71 added to existing stakes and 59 trimmed.
The largest buyer was Heitman Real Estate Securities, opening a new position worth an estimated $39.2M. The largest seller was JP Morgan Chase, cutting an estimated $72.8M.
- 189 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2016, up from 172 in Q4 2015.
- Funds reported $2.28B of Pebblebrook Hotel Trust stock for Q1 2016, up 3.3% quarter-over-quarter.
- 34 funds opened new Pebblebrook Hotel Trust positions in Q1 2016 and 17 closed out, a net change of +17 holders.
- The largest Pebblebrook Hotel Trust buyer in Q1 2016 was Heitman Real Estate Securities, an estimated $39.2M added.
- The largest Pebblebrook Hotel Trust seller in Q1 2016 was JP Morgan Chase, an estimated $72.8M sold.
Based on aggregated 13F filings for Q1 2016.