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Pebblebrook Hotel Trust

196 hedge funds and large institutions have $3.29B invested in Pebblebrook Hotel Trust in 2015 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 82 increasing their positions, 76 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

7,856% more call options, than puts

Call options by funds: $716K | Put options by funds: $9K

3.27% more ownership

Funds ownership: 103.82%107.08% (+3.3%)

8% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 76

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less capital invested

Capital invested by funds: $3.46B → $3.29B (-$168M)

3% less funds holding

Funds holding: 202196 (-6)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

Holders
196
Holders Change
-6
Holders Change %
-2.97%
% of All Funds
5.28%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
17
Increased
82
Reduced
76
Closed
23
Calls
$716K
Puts
$9K
Net Calls
+$707K
Net Calls Change
-$220K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$429M -$11.3M -259,568 -3%
Principal Financial Group
2
Principal Financial Group
Iowa
$178M -$785K -18,033 -0.4%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$174M +$22.3M +512,960 +14%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$145M +$1.64M +37,756 +1%
Goldman Sachs
5
Goldman Sachs
New York
$131M -$1.23M -28,184 -0.9%
BIT
6
BlackRock Institutional Trust
California
$115M -$7.35M -168,741 -6%
State Street
7
State Street
Massachusetts
$112M +$45.3M +1,040,363 +66%
Deutsche Bank
8
Deutsche Bank
Germany
$101M +$44.5M +1,021,320 +77%
BFA
9
BlackRock Fund Advisors
California
$89.2M -$11.2M -257,737 -11%
CIMLRA
10
CBRE Investment Management Listed Real Assets
Pennsylvania
$87.8M -$3.81M -87,495 -4%
Daiwa Securities Group
11
Daiwa Securities Group
Japan
$87.2M -$11.3M -258,615 -11%
Cohen & Steers
12
Cohen & Steers
New York
$83.7M -$12.4M -284,715 -13%
SAM
13
Silvercrest Asset Management
New York
$81.2M +$5.35M +122,915 +7%
Northern Trust
14
Northern Trust
Illinois
$79.4M +$6.8M +156,164 +9%
Jennison Associates
15
Jennison Associates
New York
$70.3M +$15.4M +352,862 +27%
ClearBridge Investments
16
ClearBridge Investments
New York
$69.9M -$3.64M -83,604 -5%
DPIM
17
Duff & Phelps Investment Management
Illinois
$66.6M +$1.94M +44,500 +3%
HRES
18
Heitman Real Estate Securities
Illinois
$62M +$20.3M +466,308 +48%
PI
19
PGGM Investments
Netherlands
$60.1M
Bank of New York Mellon
20
Bank of New York Mellon
New York
$49.2M -$991K -22,749 -2%
GKIM
21
GW&K Investment Management
Massachusetts
$42.2M -$1.23M -28,206 -3%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$36.3M +$6.2M +142,478 +20%
Invesco
23
Invesco
Georgia
$35.3M -$3.44M -78,999 -9%
Macquarie Group
24
Macquarie Group
Australia
$33.8M +$3.06M +70,354 +10%
SAMC
25
Shinko Asset Management Company
Japan
$30.6M -$1.89M -43,350 -6%

PEB Hedge Fund Activity: Q2 2015 in Review

196 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2015, worth a combined $3.29B — down 4.9% from $3.46B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PEB and 17 opened new positions — a net loss of 6 holders — while 76 trimmed existing stakes and 82 added.

The largest buyer was State Street, adding an estimated $45.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $24M sold.

  • 196 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2015, down from 202 in Q1 2015.
  • Funds reported $3.29B of Pebblebrook Hotel Trust stock for Q2 2015, down 4.9% quarter-over-quarter.
  • 17 funds opened new Pebblebrook Hotel Trust positions in Q2 2015 and 23 closed out, a net change of -6 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q2 2015 was State Street, an estimated $45.3M added.
  • The largest Pebblebrook Hotel Trust seller in Q2 2015 was Capital Growth Management, an estimated $24M sold.

Based on aggregated 13F filings for Q2 2015.