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Pebblebrook Hotel Trust

181 hedge funds and large institutions have $2.56B invested in Pebblebrook Hotel Trust in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 68 increasing their positions, 70 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.31% more ownership

Funds ownership: 116.28%121.59% (+5.3%)

3% more capital invested

Capital invested by funds: $2.49B → $2.56B (+$68.7M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 70

10% less funds holding

Funds holding: 201181 (-20)

39% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 33

100% less call options, than puts

Call options by funds: $3K | Put options by funds: $640K

Holders
181
Holders Change
-20
Holders Change %
-9.95%
% of All Funds
4.51%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
68
Reduced
70
Closed
33
Calls
$3K
Puts
$640K
Net Calls
-$637K
Net Calls Change
-$473K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$329M +$7.5M +258,683 +2%
BlackRock
2
BlackRock
New York
$219M +$213M +7,336,199 +4,493%
Goldman Sachs
3
Goldman Sachs
New York
$189M +$22.1M +763,507 +13%
Cohen & Steers
4
Cohen & Steers
New York
$157M -$115M -3,982,217 -42%
Daiwa Securities Group
5
Daiwa Securities Group
Japan
$139M +$179K +6,180 +0.1%
SAM
6
Silvercrest Asset Management
New York
$139M +$2.93M +101,041 +2%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$125M +$10M +345,970 +9%
BC
8
Brookfield Corp
Ontario, Canada
$104M +$100M +3,452,310 +3,466%
Fuller & Thaler Asset Management
9
Fuller & Thaler Asset Management
California
$76.3M +$18M +620,083 +31%
State Street
10
State Street
Massachusetts
$69.1M +$478K +16,505 +0.7%
Invesco
11
Invesco
Georgia
$57.2M +$32.2M +1,109,487 +131%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$53.2M -$820K -28,311 -2%
EAM
13
Edge Asset Management
Washington
$50M +$2.14M +73,918 +5%
ClearBridge Investments
14
ClearBridge Investments
New York
$48.2M +$954K +32,904 +2%
Northern Trust
15
Northern Trust
Illinois
$45.5M +$766K +26,430 +2%
GT
16
Glenmede Trust
Pennsylvania
$42.4M +$42.2M +1,454,685 New
HRES
17
Heitman Real Estate Securities
Illinois
$42.3M +$20M +688,593 +91%
Jennison Associates
18
Jennison Associates
New York
$41.1M -$1.48M -51,116 -4%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$29.5M +$1.27M +43,975 +5%
Principal Financial Group
20
Principal Financial Group
Iowa
$28.7M +$2.93M +101,163 +11%
Bank of America
21
Bank of America
North Carolina
$28.4M +$8.71M +300,495 +45%
DPIM
22
Duff & Phelps Investment Management
Illinois
$27M -$3.64M -125,500 -12%
Macquarie Group
23
Macquarie Group
Australia
$25.8M +$3.39M +117,051 +15%
Morgan Stanley
24
Morgan Stanley
New York
$24.9M -$3.53M -121,813 -12%
Axa
25
Axa
France
$23.1M +$7.11M +245,247 +45%

PEB Hedge Fund Activity: Q1 2017 in Review

181 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2017, worth a combined $2.56B — up 2.8% from $2.49B a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of PEB and 20 opened new positions — a net loss of 13 holders — while 70 trimmed existing stakes and 68 added.

The largest buyer was BlackRock, adding an estimated $213M. The largest seller was Cohen & Steers, cutting an estimated $115M.

  • 181 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2017, down from 201 in Q4 2016.
  • Funds reported $2.56B of Pebblebrook Hotel Trust stock for Q1 2017, up 2.8% quarter-over-quarter.
  • 20 funds opened new Pebblebrook Hotel Trust positions in Q1 2017 and 33 closed out, a net change of -13 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q1 2017 was BlackRock, an estimated $213M added.
  • The largest Pebblebrook Hotel Trust seller in Q1 2017 was Cohen & Steers, an estimated $115M sold.

Based on aggregated 13F filings for Q1 2017.