Pebblebrook Hotel Trust
206 hedge funds and large institutions have $2.16B invested in Pebblebrook Hotel Trust in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 74 reducing their positions, and 14 closing their positions.
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
9% more funds holding
Funds holding: 189 → 206 (+17)
3.37% more ownership
Funds ownership: 111.08% → 114.45% (+3.4%)
3% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 74
5% less capital invested
Capital invested by funds: $2.28B → $2.16B (-$117M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$32.4M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$30M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$29.9M |
| 4 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$25.9M |
| 5 |
FM
Forward Management
San Francisco,
California
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$27.2M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$26M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$12.8M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$11.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$11M |
PEB Hedge Fund Activity: Q2 2016 in Review
206 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2016, worth a combined $2.16B — down 5.1% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PEB positions and 14 closed out — a net gain of 18 holders — while 72 added to existing stakes and 74 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $32.4M. The largest seller was JP Morgan Chase, cutting an estimated $27.2M.
- 206 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2016, up from 189 in Q1 2016.
- Funds reported $2.16B of Pebblebrook Hotel Trust stock for Q2 2016, down 5.1% quarter-over-quarter.
- 32 funds opened new Pebblebrook Hotel Trust positions in Q2 2016 and 14 closed out, a net change of +18 holders.
- The largest Pebblebrook Hotel Trust buyer in Q2 2016 was Hotchkis & Wiley Capital Management, an estimated $32.4M added.
- The largest Pebblebrook Hotel Trust seller in Q2 2016 was JP Morgan Chase, an estimated $27.2M sold.
Based on aggregated 13F filings for Q2 2016.