Pebblebrook Hotel Trust
PEB
168 hedge funds and large institutions have $2.29B invested in Pebblebrook Hotel Trust in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 64 reducing their positions, and 11 closing their positions.
57% more capital inflows, than outflows
Capital inflows: $164M | Capital outflows: $105M
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
2% more funds holding
Funds holding: 164 → 168 (+4)
6% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 64
1.29% less ownership
Funds ownership: 107.31% → 106.02% (-1.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$34.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6M |
| 4 |
JP Morgan Chase
New York
|
+$9.31M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$30.1M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$12.5M |
| 3 |
Manning & Napier Advisors
Fairport,
New York
|
-$8.99M |
| 4 |
Land & Buildings Investment Management
Stamford,
Connecticut
|
-$6.2M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.71M |
PEB Hedge Fund Activity: Q1 2014 in Review
168 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2014, worth a combined $2.29B — up 8.7% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PEB positions and 11 closed out — a net gain of 5 holders — while 68 added to existing stakes and 64 trimmed.
The largest buyer was abrdn Investment Management, opening a new position worth an estimated $34.8M. The largest seller was Cohen & Steers, cutting an estimated $30.1M.
- 168 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2014, up from 164 in Q4 2013.
- Funds reported $2.29B of Pebblebrook Hotel Trust stock for Q1 2014, up 8.7% quarter-over-quarter.
- 16 funds opened new Pebblebrook Hotel Trust positions in Q1 2014 and 11 closed out, a net change of +5 holders.
- The largest Pebblebrook Hotel Trust buyer in Q1 2014 was abrdn Investment Management, an estimated $34.8M added.
- The largest Pebblebrook Hotel Trust seller in Q1 2014 was Cohen & Steers, an estimated $30.1M sold.
Based on aggregated 13F filings for Q1 2014.