Pebblebrook Hotel Trust
PEB
192 hedge funds and large institutions have $2.82B invested in Pebblebrook Hotel Trust in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 77 increasing their positions, 63 reducing their positions, and 29 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 63
3.68% more ownership
Funds ownership: 107.08% → 110.76% (+3.7%)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
2% less funds holding
Funds holding: 196 → 192 (-4)
14% less capital invested
Capital invested by funds: $3.3B → $2.82B (-$476M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $167K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$56.3M |
| 2 |
Goldman Sachs
New York
|
+$52.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.6M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$40.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$53M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$28.4M |
| 3 |
Cohen & Steers
New York
|
-$28.3M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$26.2M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$24.9M |
PEB Hedge Fund Activity: Q3 2015 in Review
192 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2015, worth a combined $2.82B — down 14% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PEB and 27 opened new positions — a net loss of 2 holders — while 63 trimmed existing stakes and 77 added.
The largest buyer was JP Morgan Chase, adding an estimated $56.3M. The largest seller was Wellington Management Group, cutting an estimated $53M.
- 192 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2015, down from 196 in Q2 2015.
- Funds reported $2.82B of Pebblebrook Hotel Trust stock for Q3 2015, down 14% quarter-over-quarter.
- 27 funds opened new Pebblebrook Hotel Trust positions in Q3 2015 and 29 closed out, a net change of -2 holders.
- The largest Pebblebrook Hotel Trust buyer in Q3 2015 was JP Morgan Chase, an estimated $56.3M added.
- The largest Pebblebrook Hotel Trust seller in Q3 2015 was Wellington Management Group, an estimated $53M sold.
Based on aggregated 13F filings for Q3 2015.