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Pebblebrook Hotel Trust

240 hedge funds and large institutions have $3.17B invested in Pebblebrook Hotel Trust in 2018 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 66 increasing their positions, 88 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

96% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 24

11% more capital invested

Capital invested by funds: $2.87B → $3.17B (+$303M)

10% more funds holding

Funds holding: 218240 (+22)

2.46% less ownership

Funds ownership: 120.8%118.34% (-2.5%)

25% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 88

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2.64M

Holders
240
Holders Change
+22
Holders Change %
+10.09%
% of All Funds
5.49%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
47
Increased
66
Reduced
88
Closed
24
Calls
Puts
$2.64M
Net Calls
-$2.64M
Net Calls Change
-$2.64M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$450M -$9.42M -250,379 -2%
BlackRock
2
BlackRock
New York
$262M +$12.4M +330,655 +5%
SAM
3
Silvercrest Asset Management
New York
$196M +$3.99M +106,078 +2%
Goldman Sachs
4
Goldman Sachs
New York
$182M -$16.6M -441,172 -9%
Cohen & Steers
5
Cohen & Steers
New York
$161M -$26.1M -694,254 -14%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$138M -$4.2M -111,765 -3%
Invesco
7
Invesco
Georgia
$131M +$23.1M +613,602 +22%
Daiwa Securities Group
8
Daiwa Securities Group
Japan
$128M -$26.1M -694,966 -17%
State Street
9
State Street
Massachusetts
$88.7M -$2.06M -54,656 -2%
Principal Financial Group
10
Principal Financial Group
Iowa
$74.3M +$3.55M +94,308 +5%
EARNEST Partners
11
EARNEST Partners
Georgia
$69.5M +$67.4M +1,791,796 New
Northern Trust
12
Northern Trust
Illinois
$66.4M +$2.02M +53,619 +3%
Fuller & Thaler Asset Management
13
Fuller & Thaler Asset Management
California
$63.6M -$1.17M -31,051 -2%
ClearBridge Investments
14
ClearBridge Investments
New York
$61.6M -$1.17M -31,029 -2%
GT
15
Glenmede Trust
Pennsylvania
$58M +$2M +53,289 +4%
Macquarie Group
16
Macquarie Group
Australia
$51.1M +$5.01M +133,192 +11%
Jennison Associates
17
Jennison Associates
New York
$46.4M +$424K +11,263 +1%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$45.5M -$2.73M -72,503 -6%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$44.4M +$430K +11,434 +1%
Lord, Abbett & Co
20
Lord, Abbett & Co
New Jersey
$42.7M -$19.7M -523,514 -32%
LPC
21
Long Pond Capital
New York
$39.2M +$38M +1,011,389 New
Charles Schwab
22
Charles Schwab
California
$36.4M +$2.01M +53,428 +6%
Bank of America
23
Bank of America
North Carolina
$34.5M -$2.47M -65,598 -7%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$31.6M +$4.13M +109,724 +16%
Deutsche Bank
25
Deutsche Bank
Germany
$29.3M -$39.9M -1,061,551 -58%

PEB Hedge Fund Activity: Q2 2018 in Review

240 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2018, worth a combined $3.17B — up 11% from $2.87B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PEB positions and 24 closed out — a net gain of 23 holders — while 66 added to existing stakes and 88 trimmed.

The largest buyer was EARNEST Partners, opening a new position worth an estimated $67.4M. The largest seller was JP Morgan Chase, cutting an estimated $103M.

  • 240 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2018, up from 218 in Q1 2018.
  • Funds reported $3.17B of Pebblebrook Hotel Trust stock for Q2 2018, up 11% quarter-over-quarter.
  • 47 funds opened new Pebblebrook Hotel Trust positions in Q2 2018 and 24 closed out, a net change of +23 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q2 2018 was EARNEST Partners, an estimated $67.4M added.
  • The largest Pebblebrook Hotel Trust seller in Q2 2018 was JP Morgan Chase, an estimated $103M sold.

Based on aggregated 13F filings for Q2 2018.