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Pebblebrook Hotel Trust

236 hedge funds and large institutions have $3.33B invested in Pebblebrook Hotel Trust in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 90 increasing their positions, 75 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 75

14.24% more ownership

Funds ownership: 118.34%132.58% (+14%)

5% more capital invested

Capital invested by funds: $3.17B → $3.33B (+$161M)

2% less funds holding

Funds holding: 240236 (-4)

13% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 31

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $233K

Holders
236
Holders Change
-4
Holders Change %
-1.67%
% of All Funds
5.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
90
Reduced
75
Closed
31
Calls
Puts
$233K
Net Calls
-$233K
Net Calls Change
+$2.41M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
26
New York State Common Retirement Fund
New York
$27.8M +$3.76M +98,548 +15%
LPC
27
Long Pond Capital
New York
$27.8M -$9.4M -246,389 -24%
Deutsche Bank
28
Deutsche Bank
Germany
$27.5M -$16.2K -425 -0.1%
GKIM
29
GW&K Investment Management
Massachusetts
$26.5M -$71.7K -1,880 -0.3%
CIM
30
Centersquare Investment Management
Pennsylvania
$26M +$27.3M +716,084 New
Norges Bank
31
Norges Bank
Norway
$25.8M +$988K +25,893 +4%
JP Morgan Chase
32
JP Morgan Chase
New York
$23.3M +$2.19M +57,508 +10%
Axa
33
Axa
France
$23.3M -$2.54M -66,678 -9%
Russell Investments Group
34
Russell Investments Group
United Kingdom
$22.9M +$20.5M +536,269 +564%
ICOM
35
Investment Counselors of Maryland
Maryland
$21.6M -$99.5K -2,608 -0.4%
William Blair Investment Management
36
William Blair Investment Management
Illinois
$19.2M +$413K +10,830 +2%
State of New Jersey Common Pension Fund D
37
State of New Jersey Common Pension Fund D
New Jersey
$17.9M +$382K +10,000 +2%
Public Employees Retirement Association of Colorado
38
Public Employees Retirement Association of Colorado
Colorado
$17.6M +$2.86M +74,900 +18%
Balyasny Asset Management
39
Balyasny Asset Management
Illinois
$16.3M +$16.1M +422,553 +1,609%
Wells Fargo
40
Wells Fargo
California
$16.3M +$4.36M +114,415 +34%
SCRM
41
Security Capital Research & Management
Illinois
$14.7M +$10.1M +265,625 +191%
PFC
42
Phocas Financial Corp
California
$13.9M -$239K -6,257 -2%
CIP
43
Chartwell Investment Partners
Pennsylvania
$13.3M -$414K -10,849 -3%
Renaissance Technologies
44
Renaissance Technologies
New York
$12.9M +$4.53M +118,801 +50%
Millennium Management
45
Millennium Management
New York
$12.8M +$11.9M +311,534 +788%
N
46
Nuveen
North Carolina
$12.5M -$1.96M -51,258 -13%
Ameriprise
47
Ameriprise
Minnesota
$12.5M -$1.34M -35,148 -9%
Fidelity International
48
Fidelity International
Bermuda
$10.8M +$1.29M +33,754 +13%
SEI Investments
49
SEI Investments
Pennsylvania
$9.12M +$9.44M +247,495 +7,094%
PCM
50
Penn Capital Management
Pennsylvania
$9.06M -$1.21M -31,756 -12%

PEB Hedge Fund Activity: Q3 2018 in Review

236 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2018, worth a combined $3.33B — up 5.1% from $3.17B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PEB and 27 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 90 added.

The largest buyer was Cohen & Steers, adding an estimated $237M. The largest seller was Invesco, cutting an estimated $64.7M.

  • 236 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2018, down from 240 in Q2 2018.
  • Funds reported $3.33B of Pebblebrook Hotel Trust stock for Q3 2018, up 5.1% quarter-over-quarter.
  • 27 funds opened new Pebblebrook Hotel Trust positions in Q3 2018 and 31 closed out, a net change of -4 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q3 2018 was Cohen & Steers, an estimated $237M added.
  • The largest Pebblebrook Hotel Trust seller in Q3 2018 was Invesco, an estimated $64.7M sold.

Based on aggregated 13F filings for Q3 2018.