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Pebblebrook Hotel Trust

189 hedge funds and large institutions have $2.28B invested in Pebblebrook Hotel Trust in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 71 increasing their positions, 59 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more call options, than puts

Call options by funds: $320K | Put options by funds: $40K

100% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 17

20% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 59

10% more funds holding

Funds holding: 172189 (+17)

3% more capital invested

Capital invested by funds: $2.21B → $2.28B (+$73.6M)

0.56% less ownership

Funds ownership: 111.64%111.08% (-0.56%)

Holders
189
Holders Change
+17
Holders Change %
+9.88%
% of All Funds
5.04%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
34
Increased
71
Reduced
59
Closed
17
Calls
$320K
Puts
$40K
Net Calls
+$280K
Net Calls Change
+$292K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$307M +$7.62M +294,183 +3%
CIMLRA
2
CBRE Investment Management Listed Real Assets
Pennsylvania
$163M -$15M -579,741 -9%
Goldman Sachs
3
Goldman Sachs
New York
$154M +$7.87M +303,906 +6%
Principal Financial Group
4
Principal Financial Group
Iowa
$124M +$5.81M +224,396 +6%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$108M +$5.87M +226,853 +6%
BIT
6
BlackRock Institutional Trust
California
$80.7M -$8.54M -329,669 -11%
Deutsche Bank
7
Deutsche Bank
Germany
$73.5M -$20.5M -790,688 -24%
SAM
8
Silvercrest Asset Management
New York
$68.2M +$10.1M +388,199 +20%
State Street
9
State Street
Massachusetts
$66M -$4.88M -188,589 -8%
BFA
10
BlackRock Fund Advisors
California
$58.9M -$3.65M -140,996 -7%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$54.1M +$19.6M +755,897 +68%
Jennison Associates
12
Jennison Associates
New York
$51.8M +$5.04M +194,424 +12%
ClearBridge Investments
13
ClearBridge Investments
New York
$47.7M +$1.54M +59,442 +4%
Northern Trust
14
Northern Trust
Illinois
$45.8M -$8.01M -309,339 -17%
HRES
15
Heitman Real Estate Securities
Illinois
$44M +$39.2M +1,514,573 New
DPIM
16
Duff & Phelps Investment Management
Illinois
$41.6M -$5.23M -202,100 -12%
JP Morgan Chase
17
JP Morgan Chase
New York
$36.6M -$72.8M -2,809,138 -69%
Macquarie Group
18
Macquarie Group
Australia
$29M +$3.2M +123,511 +14%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$27.2M +$149K +5,752 +0.6%
Invesco
20
Invesco
Georgia
$24.3M +$2.66M +102,713 +14%
BA
21
BlackRock Advisors
Delaware
$23.8M -$152K -5,854 -0.7%
Cohen & Steers
22
Cohen & Steers
New York
$23.5M +$20.9M +807,706 New
SAMC
23
Shinko Asset Management Company
Japan
$22.8M +$2.45M +94,500 +14%
GKIM
24
GW&K Investment Management
Massachusetts
$22.3M -$54.5K -2,103 -0.3%
BG
25
BlackRock Group
United Kingdom
$22.2M -$97.6K -3,767 -0.5%

PEB Hedge Fund Activity: Q1 2016 in Review

189 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2016, worth a combined $2.28B — up 3.3% from $2.21B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PEB positions and 17 closed out — a net gain of 17 holders — while 71 added to existing stakes and 59 trimmed.

The largest buyer was Heitman Real Estate Securities, opening a new position worth an estimated $39.2M. The largest seller was JP Morgan Chase, cutting an estimated $72.8M.

  • 189 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2016, up from 172 in Q4 2015.
  • Funds reported $2.28B of Pebblebrook Hotel Trust stock for Q1 2016, up 3.3% quarter-over-quarter.
  • 34 funds opened new Pebblebrook Hotel Trust positions in Q1 2016 and 17 closed out, a net change of +17 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q1 2016 was Heitman Real Estate Securities, an estimated $39.2M added.
  • The largest Pebblebrook Hotel Trust seller in Q1 2016 was JP Morgan Chase, an estimated $72.8M sold.

Based on aggregated 13F filings for Q1 2016.