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Pebblebrook Hotel Trust

202 hedge funds and large institutions have $3.46B invested in Pebblebrook Hotel Trust in 2015 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 84 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 19

3% more funds holding

Funds holding: 196202 (+6)

1% more capital invested

Capital invested by funds: $3.41B → $3.46B (+$48.8M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.77% less ownership

Funds ownership: 104.59%103.82% (-0.77%)

14% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 84

Holders
202
Holders Change
+6
Holders Change %
+3.06%
% of All Funds
5.38%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
26
Increased
72
Reduced
84
Closed
19
Calls
$927K
Puts
Net Calls
+$927K
Net Calls Change
+$590K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$478M +$18.7M +391,859 +4%
Principal Financial Group
2
Principal Financial Group
Iowa
$194M +$17.6M +368,546 +10%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$165M +$40.7M +853,432 +32%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$155M -$3.87M -81,210 -2%
Goldman Sachs
5
Goldman Sachs
New York
$143M -$4.83M -101,183 -3%
BIT
6
BlackRock Institutional Trust
California
$132M -$552K -11,576 -0.4%
BFA
7
BlackRock Fund Advisors
California
$109M -$1.11M -23,369 -1%
Daiwa Securities Group
8
Daiwa Securities Group
Japan
$107M -$7.12M -149,343 -6%
Cohen & Steers
9
Cohen & Steers
New York
$104M -$7.65M -160,343 -7%
CIMLRA
10
CBRE Investment Management Listed Real Assets
Pennsylvania
$99.4M -$5.11M -107,100 -5%
SAM
11
Silvercrest Asset Management
New York
$82.5M +$3.86M +80,973 +5%
ClearBridge Investments
12
ClearBridge Investments
New York
$79.8M -$10.1M -211,312 -11%
Northern Trust
13
Northern Trust
Illinois
$79M +$2.42M +50,783 +3%
State Street
14
State Street
Massachusetts
$73.7M +$6.76M +141,813 +10%
DPIM
15
Duff & Phelps Investment Management
Illinois
$70.3M +$1.59M +33,400 +2%
PI
16
PGGM Investments
Netherlands
$65.2M +$66.8M +1,401,000 New
Deutsche Bank
17
Deutsche Bank
Germany
$61.6M -$27.6M -577,811 -30%
Jennison Associates
18
Jennison Associates
New York
$60M -$1.06M -22,305 -2%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$54.5M -$6.55M -137,264 -11%
GKIM
20
GW&K Investment Management
Massachusetts
$47.2M -$833K -17,463 -2%
HRES
21
Heitman Real Estate Securities
Illinois
$45.6M +$17.7M +371,068 +61%
Invesco
22
Invesco
Georgia
$42M +$741K +15,542 +2%
American Century Companies
23
American Century Companies
Missouri
$38.1M -$4.58M -95,980 -11%
SAMC
24
Shinko Asset Management Company
Japan
$35.3M -$1.63M -34,150 -4%
Macquarie Group
25
Macquarie Group
Australia
$33.4M -$3.15M -66,032 -8%

PEB Hedge Fund Activity: Q1 2015 in Review

202 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2015, worth a combined $3.46B — up 1.4% from $3.41B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new PEB positions and 19 closed out — a net gain of 7 holders — while 72 added to existing stakes and 84 trimmed.

The largest buyer was PGGM Investments, opening a new position worth an estimated $66.8M. The largest seller was Capital Growth Management, cutting an estimated $45.3M.

  • 202 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2015, up from 196 in Q4 2014.
  • Funds reported $3.46B of Pebblebrook Hotel Trust stock for Q1 2015, up 1.4% quarter-over-quarter.
  • 26 funds opened new Pebblebrook Hotel Trust positions in Q1 2015 and 19 closed out, a net change of +7 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q1 2015 was PGGM Investments, an estimated $66.8M added.
  • The largest Pebblebrook Hotel Trust seller in Q1 2015 was Capital Growth Management, an estimated $45.3M sold.

Based on aggregated 13F filings for Q1 2015.