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Pebblebrook Hotel Trust

236 hedge funds and large institutions have $3.33B invested in Pebblebrook Hotel Trust in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 90 increasing their positions, 75 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 75

14.24% more ownership

Funds ownership: 118.34%132.58% (+14%)

5% more capital invested

Capital invested by funds: $3.17B → $3.33B (+$161M)

2% less funds holding

Funds holding: 240236 (-4)

13% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 31

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $233K

Holders
236
Holders Change
-4
Holders Change %
-1.67%
% of All Funds
5.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
90
Reduced
75
Closed
31
Calls
Puts
$233K
Net Calls
-$233K
Net Calls Change
+$2.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$423M +$1.11M +29,009 +0.3%
Cohen & Steers
2
Cohen & Steers
New York
$377M +$237M +6,224,806 +150%
BlackRock
3
BlackRock
New York
$252M +$6.25M +163,749 +2%
SAM
4
Silvercrest Asset Management
New York
$187M +$3.84M +100,752 +2%
Daiwa Securities Group
5
Daiwa Securities Group
Japan
$172M +$54.6M +1,431,575 +43%
Goldman Sachs
6
Goldman Sachs
New York
$155M -$16.7M -436,677 -9%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$123M -$6.88M -180,297 -5%
State Street
8
State Street
Massachusetts
$85.1M +$2.11M +55,384 +2%
EARNEST Partners
9
EARNEST Partners
Georgia
$79.6M +$15.1M +395,982 +22%
Jennison Associates
10
Jennison Associates
New York
$62.3M +$19.7M +516,215 +43%
Invesco
11
Invesco
Georgia
$61.3M -$64.7M -1,696,146 -50%
Northern Trust
12
Northern Trust
Illinois
$60M -$2.34M -61,323 -4%
Fuller & Thaler Asset Management
13
Fuller & Thaler Asset Management
California
$58.3M -$1.39M -36,392 -2%
ClearBridge Investments
14
ClearBridge Investments
New York
$54.4M -$3.57M -93,518 -6%
GT
15
Glenmede Trust
Pennsylvania
$52.8M -$1.61M -42,206 -3%
Macquarie Group
16
Macquarie Group
Australia
$48.8M +$952K +24,965 +2%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$41.8M +$117K +3,063 +0.3%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$39.6M -$3.25M -85,249 -7%
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$39.3M -$763K -20,000 -2%
Principal Financial Group
20
Principal Financial Group
Iowa
$37M -$34.3M -898,076 -47%
Charles Schwab
21
Charles Schwab
California
$36.6M +$2.54M +66,511 +7%
Bank of America
22
Bank of America
North Carolina
$34.3M +$2.11M +55,198 +6%
TA
23
Teachers Advisors
New York
$33.5M +$12M +314,484 +52%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$32.6M +$3.15M +82,484 +10%
ACM
25
Adelante Capital Management
California
$31.9M +$33.5M +876,952 New

PEB Hedge Fund Activity: Q3 2018 in Review

236 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2018, worth a combined $3.33B — up 5.1% from $3.17B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PEB and 27 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 90 added.

The largest buyer was Cohen & Steers, adding an estimated $237M. The largest seller was Invesco, cutting an estimated $64.7M.

  • 236 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2018, down from 240 in Q2 2018.
  • Funds reported $3.33B of Pebblebrook Hotel Trust stock for Q3 2018, up 5.1% quarter-over-quarter.
  • 27 funds opened new Pebblebrook Hotel Trust positions in Q3 2018 and 31 closed out, a net change of -4 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q3 2018 was Cohen & Steers, an estimated $237M added.
  • The largest Pebblebrook Hotel Trust seller in Q3 2018 was Invesco, an estimated $64.7M sold.

Based on aggregated 13F filings for Q3 2018.