Pebblebrook Hotel Trust
288 hedge funds and large institutions have $4B invested in Pebblebrook Hotel Trust in 2018 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 137 increasing their positions, 47 reducing their positions, and 33 closing their positions.
191% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 47
158% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 33
22% more funds holding
Funds holding: 236 → 288 (+52)
20% more capital invested
Capital invested by funds: $3.33B → $4B (+$671M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24.35% less ownership
Funds ownership: 132.58% → 108.23% (-24%)
57% less call options, than puts
Call options by funds: $263K | Put options by funds: $615K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$412M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$246M |
| 3 |
State Street
Boston,
Massachusetts
|
+$121M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$97.9M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$66.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$28.4M |
| 2 |
LPC
Long Pond Capital
New York
|
-$27.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.1M |
| 4 |
Renaissance Technologies
New York
|
-$12.9M |
| 5 |
Millennium Management
New York
|
-$10.4M |
PEB Hedge Fund Activity: Q4 2018 in Review
288 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q4 2018, worth a combined $4B — up 20% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new PEB positions and 33 closed out — a net gain of 52 holders — while 137 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $412M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $28.4M.
- 288 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q4 2018, up from 236 in Q3 2018.
- Funds reported $4B of Pebblebrook Hotel Trust stock for Q4 2018, up 20% quarter-over-quarter.
- 85 funds opened new Pebblebrook Hotel Trust positions in Q4 2018 and 33 closed out, a net change of +52 holders.
- The largest Pebblebrook Hotel Trust buyer in Q4 2018 was BlackRock, an estimated $412M added.
- The largest Pebblebrook Hotel Trust seller in Q4 2018 was Fuller & Thaler Asset Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q4 2018.