Pebblebrook Hotel Trust
157 hedge funds and large institutions have $1.87B invested in Pebblebrook Hotel Trust in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 67 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
18% more capital invested
Capital invested by funds: $1.58B → $1.87B (+$287M)
5.7% more ownership
Funds ownership: 100.2% → 105.9% (+5.7%)
5% more funds holding
Funds holding: 149 → 157 (+8)
18% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 67
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
+$64.9M |
| 2 |
Cohen & Steers
New York
|
+$64.7M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$21.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$15.9M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$14.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
151
Flow Traders U.S.
New York
| $12K | +$11.5K | +422 | New |
|
152
Zurich Cantonal Bank
Zurich,
Switzerland
| $8K | – | – | – |
|
|
AA
153
Apriem Advisors
Irvine,
California
| $2K | – | – | – |
|
154
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1.34K | -$54.1K | -1,982 | -4% |
|
155
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
156
First Manhattan
New York
| $1K | – | – | – |
|
|
WA
157
WFG Advisors
Dallas,
Texas
| $1K | +$27 | +1 | +2% |
|
|
HMC
158
Harvard Management Company
Boston,
Massachusetts
| – | -$29.6M | -1,095,874 | Closed |
|
|
BIG
159
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$1.89M | -72,904 | Closed |
|
|
NTCOC
160
Northern Trust Company of Connecticut
Stamford,
Connecticut
| – | -$942K | -36,450 | Closed |
|
161
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$259K | -10,000 | Closed |
|
|
KIG
162
Kessler Investment Group
Columbus,
Indiana
| – | -$77K | -2,995 | Closed |
|
|
FHB
163
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$53K | -2,060 | Closed |
|
164
Bessemer Group
Woodbridge,
New Jersey
| – | -$5K | -178 | Closed |
|
PEB Hedge Fund Activity: Q3 2013 in Review
157 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2013, worth a combined $1.87B — up 18% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PEB positions and 7 closed out — a net gain of 10 holders — while 55 added to existing stakes and 67 trimmed.
The largest buyer was Daiwa Securities Group, adding an estimated $64.9M. The largest seller was Wellington Management Group, cutting an estimated $40.8M.
- 157 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2013, up from 149 in Q2 2013.
- Funds reported $1.87B of Pebblebrook Hotel Trust stock for Q3 2013, up 18% quarter-over-quarter.
- 17 funds opened new Pebblebrook Hotel Trust positions in Q3 2013 and 7 closed out, a net change of +10 holders.
- The largest Pebblebrook Hotel Trust buyer in Q3 2013 was Daiwa Securities Group, an estimated $64.9M added.
- The largest Pebblebrook Hotel Trust seller in Q3 2013 was Wellington Management Group, an estimated $40.8M sold.
Based on aggregated 13F filings for Q3 2013.