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Pebblebrook Hotel Trust

262 hedge funds and large institutions have $4.12B invested in Pebblebrook Hotel Trust in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 99 increasing their positions, 102 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more call options, than puts

Call options by funds: $603K | Put options by funds: $211K

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 102

1.48% less ownership

Funds ownership: 114.35%112.87% (-1.5%)

4% less funds holding

Funds holding: 272262 (-10)

10% less capital invested

Capital invested by funds: $4.6B → $4.12B (-$477M)

19% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 36

Holders
262
Holders Change
-10
Holders Change %
-3.68%
% of All Funds
5.69%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
29
Increased
99
Reduced
102
Closed
36
Calls
$603K
Puts
$211K
Net Calls
+$392K
Net Calls Change
+$665K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$548M +$1.79M +59,353 +0.3%
BlackRock
2
BlackRock
New York
$519M -$12.7M -421,158 -2%
Cohen & Steers
3
Cohen & Steers
New York
$373M +$22.7M +751,196 +6%
State Street
4
State Street
Massachusetts
$197M -$18.3M -606,227 -8%
Daiwa Securities Group
5
Daiwa Securities Group
Japan
$181M +$5.9M +195,114 +3%
Invesco
6
Invesco
Georgia
$149M +$31.4M +1,039,928 +25%
SAM
7
Silvercrest Asset Management
New York
$139M -$69.2K -2,288 -0%
Goldman Sachs
8
Goldman Sachs
New York
$117M +$1.43M +47,231 +1%
Northern Trust
9
Northern Trust
Illinois
$91.3M -$37.6M -1,243,595 -28%
HRES
10
Heitman Real Estate Securities
Illinois
$74.5M +$12.8M +423,211 +19%
N
11
Nuveen
North Carolina
$68.1M +$31.2M +1,033,714 +75%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$65.6M -$10.8M -355,827 -13%
EARNEST Partners
13
EARNEST Partners
Georgia
$65.2M +$4.2M +138,960 +6%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$63.4M -$3.96M -130,996 -6%
JP Morgan Chase
15
JP Morgan Chase
New York
$63.1M -$60.6M -2,003,300 -47%
LIMS
16
Lasalle Investment Management Securities
Maryland
$62.9M -$2.63M -87,138 -4%
Charles Schwab
17
Charles Schwab
California
$60.8M +$47.7K +1,577 +0.1%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$58.8M +$4.31M +142,731 +7%
Macquarie Group
19
Macquarie Group
Australia
$53.1M +$3.61M +119,429 +7%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$50.4M +$1.44M +47,488 +3%
Wells Fargo
21
Wells Fargo
California
$49.1M +$7.12M +235,388 +16%
Norges Bank
22
Norges Bank
Norway
$48.7M -$1.21M -40,171 -2%
Principal Financial Group
23
Principal Financial Group
Iowa
$45.3M +$2.98M +98,514 +7%
Jennison Associates
24
Jennison Associates
New York
$44.4M -$1.49M -49,152 -3%
CIMLRA
25
CBRE Investment Management Listed Real Assets
Pennsylvania
$43.6M -$14.8M -488,289 -24%

PEB Hedge Fund Activity: Q2 2019 in Review

262 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q2 2019, worth a combined $4.12B — down 10% from $4.6B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PEB and 29 opened new positions — a net loss of 7 holders — while 102 trimmed existing stakes and 99 added.

The largest buyer was Invesco, adding an estimated $31.4M. The largest seller was JP Morgan Chase, cutting an estimated $60.6M.

  • 262 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q2 2019, down from 272 in Q1 2019.
  • Funds reported $4.12B of Pebblebrook Hotel Trust stock for Q2 2019, down 10% quarter-over-quarter.
  • 29 funds opened new Pebblebrook Hotel Trust positions in Q2 2019 and 36 closed out, a net change of -7 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q2 2019 was Invesco, an estimated $31.4M added.
  • The largest Pebblebrook Hotel Trust seller in Q2 2019 was JP Morgan Chase, an estimated $60.6M sold.

Based on aggregated 13F filings for Q2 2019.