Pebblebrook Hotel Trust
232 hedge funds and large institutions have $1.61B invested in Pebblebrook Hotel Trust in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 93 increasing their positions, 76 reducing their positions, and 70 closing their positions.
180% more call options, than puts
Call options by funds: $529K | Put options by funds: $189K
22% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 76
1.83% less ownership
Funds ownership: 113.95% → 112.12% (-1.8%)
16% less funds holding
Funds holding: 275 → 232 (-43)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
56% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 70
60% less capital invested
Capital invested by funds: $3.99B → $1.61B (-$2.38B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$138M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$136M |
| 3 |
Blackstone Inc
New York
|
+$130M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$42.2M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$211M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$129M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$99.3M |
| 4 |
Jennison Associates
New York
|
-$33.7M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$19.9M |
PEB Hedge Fund Activity: Q1 2020 in Review
232 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2020, worth a combined $1.61B — down 60% from $3.99B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of PEB and 31 opened new positions — a net loss of 39 holders — while 76 trimmed existing stakes and 93 added.
The largest buyer was Long Pond Capital, adding an estimated $138M. The largest seller was Cohen & Steers, exiting entirely with an estimated $211M sold.
- 232 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2020, down from 275 in Q4 2019.
- Funds reported $1.61B of Pebblebrook Hotel Trust stock for Q1 2020, down 60% quarter-over-quarter.
- 31 funds opened new Pebblebrook Hotel Trust positions in Q1 2020 and 70 closed out, a net change of -39 holders.
- The largest Pebblebrook Hotel Trust buyer in Q1 2020 was Long Pond Capital, an estimated $138M added.
- The largest Pebblebrook Hotel Trust seller in Q1 2020 was Cohen & Steers, an estimated $211M sold.
Based on aggregated 13F filings for Q1 2020.