Pebblebrook Hotel Trust
193 hedge funds and large institutions have $3.08B invested in Pebblebrook Hotel Trust in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 70 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $2.78B → $3.08B (+$299M)
7% more funds holding
Funds holding: 180 → 193 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.32% less ownership
Funds ownership: 124.13% → 123.81% (-0.32%)
10% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 70
16% less call options, than puts
Call options by funds: $585K | Put options by funds: $694K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$29M |
| 2 |
JP Morgan Chase
New York
|
+$24M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.4M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$12.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$43.2M |
| 2 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$23.9M |
| 3 |
Cohen & Steers
New York
|
-$19.6M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$19.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMA
201
FNY Managed Accounts
New York
| – | -$19K | -604 | Closed |
|
202
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8K | -258 | Closed |
|
|
CG
203
Cutler Group
San Francisco,
California
| – | -$6K | -201 | Closed |
|
204
Simplex Trading
Chicago,
Illinois
| – | -$4.39K | -132 | Closed |
|
|
AC
205
Alexandria Capital
Arlington,
Virginia
| – | -$4K | -109 | Closed |
|
|
NA
206
NewEdge Advisors
New Orleans,
Louisiana
| – | -$2.27K | -71 | Closed |
|
|
ED
207
Exane Derivatives
Paris,
France
| – | -$32 | -1 | Closed |
|
|
SMG
208
Spectrum Management Group
Indianapolis,
Indiana
| – | +$66 | +2 | New |
|
PEB Hedge Fund Activity: Q3 2017 in Review
193 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2017, worth a combined $3.08B — up 11% from $2.78B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PEB positions and 17 closed out — a net gain of 15 holders — while 63 added to existing stakes and 70 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $29M. The largest seller was Invesco, cutting an estimated $43.2M.
- 193 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2017, up from 180 in Q2 2017.
- Funds reported $3.08B of Pebblebrook Hotel Trust stock for Q3 2017, up 11% quarter-over-quarter.
- 32 funds opened new Pebblebrook Hotel Trust positions in Q3 2017 and 17 closed out, a net change of +15 holders.
- The largest Pebblebrook Hotel Trust buyer in Q3 2017 was Lord, Abbett & Co, an estimated $29M added.
- The largest Pebblebrook Hotel Trust seller in Q3 2017 was Invesco, an estimated $43.2M sold.
Based on aggregated 13F filings for Q3 2017.