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Pebblebrook Hotel Trust

201 hedge funds and large institutions have $2.49B invested in Pebblebrook Hotel Trust in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 71 increasing their positions, 71 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $2.34B → $2.49B (+$155M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 30

0% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 71

1% less funds holding

Funds holding: 203201 (-2)

6.84% less ownership

Funds ownership: 123.12%116.28% (-6.8%)

49% less call options, than puts

Call options by funds: $169K | Put options by funds: $333K

Holders
201
Holders Change
-2
Holders Change %
-0.99%
% of All Funds
5.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
30
Increased
71
Reduced
71
Closed
30
Calls
$169K
Puts
$333K
Net Calls
-$164K
Net Calls Change
-$158K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$327M -$765K -27,623 -0.3%
Cohen & Steers
2
Cohen & Steers
New York
$279M -$24.3M -877,948 -9%
Goldman Sachs
3
Goldman Sachs
New York
$170M +$198K +7,136 +0.1%
Daiwa Securities Group
4
Daiwa Securities Group
Japan
$141M +$11.2M +402,791 +9%
SAM
5
Silvercrest Asset Management
New York
$139M +$17.5M +629,871 +16%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$117M +$2.98M +107,380 +3%
BIT
7
BlackRock Institutional Trust
California
$78.7M -$1.25M -44,981 -2%
BFA
8
BlackRock Fund Advisors
California
$77.5M +$9.29M +335,287 +15%
State Street
9
State Street
Massachusetts
$69.9M -$551K -19,883 -0.8%
Fuller & Thaler Asset Management
10
Fuller & Thaler Asset Management
California
$59.2M +$37.5M +1,354,108 +212%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$55M +$2.07M +74,598 +4%
EAM
12
Edge Asset Management
Washington
$48.7M +$1.79M +64,434 +4%
ClearBridge Investments
13
ClearBridge Investments
New York
$48.1M -$55.1K -1,990 -0.1%
Northern Trust
14
Northern Trust
Illinois
$45.6M +$845K +30,498 +2%
Jennison Associates
15
Jennison Associates
New York
$43.4M +$875K +31,588 +2%
DPIM
16
Duff & Phelps Investment Management
Illinois
$31.3M -$1.39M -50,075 -5%
Morgan Stanley
17
Morgan Stanley
New York
$29M +$7.26M +261,888 +37%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$28.7M -$213K -7,675 -0.8%
Principal Financial Group
19
Principal Financial Group
Iowa
$26.2M -$66M -2,382,483 -73%
Invesco
20
Invesco
Georgia
$25.3M +$268K +9,655 +1%
BA
21
BlackRock Advisors
Delaware
$25.1M +$554K +19,981 +2%
Macquarie Group
22
Macquarie Group
Australia
$22.8M +$3.19M +115,069 +18%
HRES
23
Heitman Real Estate Securities
Illinois
$22.6M +$3.09M +111,572 +17%
Norges Bank
24
Norges Bank
Norway
$21.6M
Geode Capital Management
25
Geode Capital Management
Massachusetts
$20.7M +$2.67M +96,430 +16%

PEB Hedge Fund Activity: Q4 2016 in Review

201 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q4 2016, worth a combined $2.49B — up 6.6% from $2.34B a quarter earlier.

Fund positioning in PEB was balanced in Q4 2016: 30 funds opened new positions, 30 closed out, 71 added to existing stakes and 71 trimmed.

The largest buyer was Fuller & Thaler Asset Management, adding an estimated $37.5M. The largest seller was CBRE Investment Management Listed Real Assets, exiting entirely with an estimated $81.6M sold.

  • 201 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q4 2016, down from 203 in Q3 2016.
  • Funds reported $2.49B of Pebblebrook Hotel Trust stock for Q4 2016, up 6.6% quarter-over-quarter.
  • 30 funds opened new Pebblebrook Hotel Trust positions in Q4 2016 and 30 closed out, a net change of 0 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q4 2016 was Fuller & Thaler Asset Management, an estimated $37.5M added.
  • The largest Pebblebrook Hotel Trust seller in Q4 2016 was CBRE Investment Management Listed Real Assets, an estimated $81.6M sold.

Based on aggregated 13F filings for Q4 2016.