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Pebblebrook Hotel Trust

288 hedge funds and large institutions have $3.95B invested in Pebblebrook Hotel Trust in 2018 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 137 increasing their positions, 47 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

191% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 47

158% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 33

22% more funds holding

Funds holding: 236288 (+52)

19% more capital invested

Capital invested by funds: $3.33B → $3.95B (+$625M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

24.35% less ownership

Funds ownership: 132.58%108.23% (-24%)

57% less call options, than puts

Call options by funds: $263K | Put options by funds: $615K

Holders
288
Holders Change
+52
Holders Change %
+22.03%
% of All Funds
6.42%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
85
Increased
137
Reduced
47
Closed
33
Calls
$263K
Puts
$615K
Net Calls
-$352K
Net Calls Change
-$119K
Name Holding Trade Value Shares
Change
Change in
Stake
CIMLRA
26
CBRE Investment Management Listed Real Assets
Pennsylvania
$33.9M +$39.7M +1,197,053 New
TA
27
Teachers Advisors
New York
$33.2M +$8.35M +251,758 +27%
Bank of America
28
Bank of America
North Carolina
$33.2M +$7.55M +227,637 +24%
ACM
29
Adelante Capital Management
California
$30.1M +$6.19M +186,525 +21%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$28.9M +$31.1M +937,735 +1,112%
Lord, Abbett & Co
31
Lord, Abbett & Co
New Jersey
$28.3M -$2.64M -79,581 -7%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$24M +$2.69M +81,009 +11%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$22.7M +$26.6M +803,024 New
Fuller & Thaler Asset Management
34
Fuller & Thaler Asset Management
California
$21.2M -$28.4M -855,193 -53%
N
35
Nuveen
North Carolina
$20.1M +$12.2M +366,226 +106%
GKIM
36
GW&K Investment Management
Massachusetts
$19.8M -$937K -28,240 -4%
Russell Investments Group
37
Russell Investments Group
United Kingdom
$19.7M +$2.13M +64,294 +10%
CBOA
38
Commonwealth Bank of Australia
Australia
$19.3M +$22.3M +670,827 New
ICOM
39
Investment Counselors of Maryland
Maryland
$17.2M +$404K +12,162 +2%
Axa
40
Axa
France
$17.2M -$1.14M -34,502 -5%
Ameriprise
41
Ameriprise
Minnesota
$15.9M +$7.27M +218,973 +64%
CIM
42
Centersquare Investment Management
Pennsylvania
$15.7M -$5.33M -160,574 -22%
Legal & General Group
43
Legal & General Group
United Kingdom
$15.4M +$10.4M +312,373 +135%
William Blair Investment Management
44
William Blair Investment Management
Illinois
$15.3M +$439K +13,221 +3%
State of New Jersey Common Pension Fund D
45
State of New Jersey Common Pension Fund D
New Jersey
$14.5M +$647K +19,500 +4%
AllianceBernstein
46
AllianceBernstein
Tennessee
$14.2M +$9.85M +297,008 +145%
UBS AM
47
UBS AM
Illinois
$14.2M +$9.68M +291,672 +139%
Public Employees Retirement Association of Colorado
48
Public Employees Retirement Association of Colorado
Colorado
$14.1M +$397K +11,956 +2%
ECM
49
ExodusPoint Capital Management
New York
$13.5M +$15.9M +478,212 New
JMPWA
50
JP Morgan Private Wealth Advisors
California
$12.9M +$14.1M +424,603 +1,329%

PEB Hedge Fund Activity: Q4 2018 in Review

288 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q4 2018, worth a combined $3.95B — up 19% from $3.33B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new PEB positions and 33 closed out — a net gain of 52 holders — while 137 added to existing stakes and 47 trimmed.

The largest buyer was BlackRock, adding an estimated $412M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $28.4M.

  • 288 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q4 2018, up from 236 in Q3 2018.
  • Funds reported $3.95B of Pebblebrook Hotel Trust stock for Q4 2018, up 19% quarter-over-quarter.
  • 85 funds opened new Pebblebrook Hotel Trust positions in Q4 2018 and 33 closed out, a net change of +52 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q4 2018 was BlackRock, an estimated $412M added.
  • The largest Pebblebrook Hotel Trust seller in Q4 2018 was Fuller & Thaler Asset Management, an estimated $28.4M sold.

Based on aggregated 13F filings for Q4 2018.