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Pebblebrook Hotel Trust

275 hedge funds and large institutions have $3.99B invested in Pebblebrook Hotel Trust in 2019 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 106 increasing their positions, 98 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 26

2% more funds holding

Funds holding: 270275 (+5)

8% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 98

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

4% less capital invested

Capital invested by funds: $4.17B → $3.99B (-$180M)

1.63% less ownership

Funds ownership: 115.58%113.95% (-1.6%)

Holders
275
Holders Change
+5
Holders Change %
+1.85%
% of All Funds
5.42%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
38
Increased
106
Reduced
98
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$42.5M -$401K -15,206 -1%
ACM
27
Adelante Capital Management
California
$42.4M -$1.16M -44,006 -3%
Bank of America
28
Bank of America
North Carolina
$39.4M +$4.23M +160,566 +12%
ClearBridge Investments
29
ClearBridge Investments
New York
$34.7M -$1.16M -44,048 -3%
Jennison Associates
30
Jennison Associates
New York
$33.7M -$6.23M -236,439 -16%
N
31
Nuveen
North Carolina
$32M -$9.84M -373,412 -24%
Legal & General Group
32
Legal & General Group
United Kingdom
$29.6M +$4.27M +161,992 +17%
Fuller & Thaler Asset Management
33
Fuller & Thaler Asset Management
California
$28.8M +$9.81M +372,238 +53%
Wellington Management Group
34
Wellington Management Group
Massachusetts
$26.9M -$1.33M -50,444 -5%
GT
35
Glenmede Trust
Pennsylvania
$25.4M -$3.34M -126,672 -12%
Schroder Investment Management Group
36
Schroder Investment Management Group
United Kingdom
$20.2M +$9.47M +359,406 +91%
ESCM
37
Echo Street Capital Management
New York
$19.9M +$8.95M +339,419 +84%
ICOM
38
Investment Counselors of Maryland
Maryland
$17.4M +$314K +11,929 +2%
Renaissance Technologies
39
Renaissance Technologies
New York
$17.4M +$9.98M +378,695 +141%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$17M -$5.31M -201,328 -24%
Citadel Advisors
41
Citadel Advisors
Florida
$17M +$8.07M +306,125 +94%
Prudential Financial
42
Prudential Financial
New Jersey
$15.8M -$2.53M -95,885 -14%
Fidelity International
43
Fidelity International
Bermuda
$15.7M +$73.9K +2,803 +0.5%
Public Employees Retirement Association of Colorado
44
Public Employees Retirement Association of Colorado
Colorado
$14.9M
GKIM
45
GW&K Investment Management
Massachusetts
$14.5M -$4.84M -183,411 -25%
WBC
46
Westpac Banking Corp
Australia
$13.4M +$1.91M +72,532 +17%
UBS AM
47
UBS AM
Illinois
$13.2M -$402K -15,251 -3%
William Blair Investment Management
48
William Blair Investment Management
Illinois
$13M -$5.22M -198,052 -29%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$12.5M +$239K +9,049 +2%
State of New Jersey Common Pension Fund D
50
State of New Jersey Common Pension Fund D
New Jersey
$12.5M +$124K +4,686 +1%

PEB Hedge Fund Activity: Q4 2019 in Review

275 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q4 2019, worth a combined $3.99B — down 4.3% from $4.17B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new PEB positions and 26 closed out — a net gain of 12 holders — while 106 added to existing stakes and 98 trimmed.

The largest buyer was Brookfield Public Securities Group, opening a new position worth an estimated $81.2M. The largest seller was Cohen & Steers, cutting an estimated $196M.

  • 275 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q4 2019, up from 270 in Q3 2019.
  • Funds reported $3.99B of Pebblebrook Hotel Trust stock for Q4 2019, down 4.3% quarter-over-quarter.
  • 38 funds opened new Pebblebrook Hotel Trust positions in Q4 2019 and 26 closed out, a net change of +12 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q4 2019 was Brookfield Public Securities Group, an estimated $81.2M added.
  • The largest Pebblebrook Hotel Trust seller in Q4 2019 was Cohen & Steers, an estimated $196M sold.

Based on aggregated 13F filings for Q4 2019.