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Pebblebrook Hotel Trust

262 hedge funds and large institutions have $4.12B invested in Pebblebrook Hotel Trust in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 99 increasing their positions, 102 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more call options, than puts

Call options by funds: $603K | Put options by funds: $211K

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 102

1.48% less ownership

Funds ownership: 114.35%112.87% (-1.5%)

4% less funds holding

Funds holding: 272262 (-10)

10% less capital invested

Capital invested by funds: $4.6B → $4.12B (-$477M)

19% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 36

Holders
262
Holders Change
-10
Holders Change %
-3.68%
% of All Funds
5.69%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
29
Increased
99
Reduced
102
Closed
36
Calls
$603K
Puts
$211K
Net Calls
+$392K
Net Calls Change
+$665K
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
26
ClearBridge Investments
New York
$38.3M -$5.2M -172,117 -11%
ACM
27
Adelante Capital Management
California
$37.5M +$18.5M +613,409 +85%
Bank of America
28
Bank of America
North Carolina
$35.2M +$5.9M +195,154 +19%
Balyasny Asset Management
29
Balyasny Asset Management
Illinois
$34.8M +$30.3M +1,002,453 +434%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$30.4M +$423K +14,009 +1%
ZP
31
Zimmer Partners
New York
$28.2M -$20.6M -683,000 -41%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$23M -$318K -10,532 -1%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$22.5M +$5.07M +167,864 +27%
Legal & General Group
34
Legal & General Group
United Kingdom
$21.4M +$6.77M +223,842 +42%
CBOA
35
Commonwealth Bank of Australia
Australia
$21M +$2.23M +73,840 +11%
Prudential Financial
36
Prudential Financial
New Jersey
$20.8M -$1.58M -52,162 -7%
Fuller & Thaler Asset Management
37
Fuller & Thaler Asset Management
California
$19M +$79.8K +2,641 +0.4%
William Blair Investment Management
38
William Blair Investment Management
Illinois
$18.8M +$3.88M +128,241 +24%
GKIM
39
GW&K Investment Management
Massachusetts
$18.8M -$405K -13,404 -2%
ICOM
40
Investment Counselors of Maryland
Maryland
$18M +$229K +7,559 +1%
State of New Jersey Common Pension Fund D
41
State of New Jersey Common Pension Fund D
New Jersey
$17.2M +$2.69M +89,000 +17%
Fidelity International
42
Fidelity International
Bermuda
$16.1M +$6.22M +205,905 +56%
Public Employees Retirement Association of Colorado
43
Public Employees Retirement Association of Colorado
Colorado
$15.7M +$1.84M +60,708 +12%
UBS AM
44
UBS AM
Illinois
$13.9M -$312K -10,319 -2%
AllianceBernstein
45
AllianceBernstein
Tennessee
$13.4M -$576K -19,057 -4%
WBC
46
Westpac Banking Corp
Australia
$12.8M +$2.26M +74,760 +20%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$12.6M -$67K -2,216 -0.5%
KCM
48
Kennedy Capital Management
Missouri
$11.7M +$12.5M +413,819 New
Ameriprise
49
Ameriprise
Minnesota
$11M +$1.49M +49,287 +14%
SAM
50
Securian Asset Management
Minnesota
$10.9M +$3.52M +116,542 +43%

PEB Hedge Fund Activity: Q2 2019 in Review

262 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2019, worth a combined $4.12B — down 10% from $4.6B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PEB and 29 opened new positions — a net loss of 7 holders — while 102 trimmed existing stakes and 99 added.

The largest buyer was Invesco, adding an estimated $31.4M. The largest seller was JP Morgan Chase, cutting an estimated $60.6M.

  • 262 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2019, down from 272 in Q1 2019.
  • Funds reported $4.12B of Pebblebrook Hotel Trust stock for Q2 2019, down 10% quarter-over-quarter.
  • 29 funds opened new Pebblebrook Hotel Trust positions in Q2 2019 and 36 closed out, a net change of -7 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q2 2019 was Invesco, an estimated $31.4M added.
  • The largest Pebblebrook Hotel Trust seller in Q2 2019 was JP Morgan Chase, an estimated $60.6M sold.

Based on aggregated 13F filings for Q2 2019.