Pebblebrook Hotel Trust
243 hedge funds and large institutions have $2.27B invested in Pebblebrook Hotel Trust in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 111 increasing their positions, 65 reducing their positions, and 41 closing their positions.
140% more call options, than puts
Call options by funds: $790K | Put options by funds: $329K
71% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 65
17.8% more ownership
Funds ownership: 110.66% → 128.46% (+18%)
17% more capital invested
Capital invested by funds: $1.95B → $2.27B (+$322M)
3% less funds holding
Funds holding: 251 → 243 (-8)
15% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$51.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$43.1M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$40.5M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$27.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$23M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$9.79M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$7.6M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$5.27M |
PEB Hedge Fund Activity: Q1 2023 in Review
243 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q1 2023, worth a combined $2.27B — up 17% from $1.95B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PEB and 35 opened new positions — a net loss of 6 holders — while 65 trimmed existing stakes and 111 added.
The largest buyer was BlackRock, adding an estimated $51.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $23.1M.
- 243 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q1 2023, down from 251 in Q4 2022.
- Funds reported $2.27B of Pebblebrook Hotel Trust stock for Q1 2023, up 17% quarter-over-quarter.
- 35 funds opened new Pebblebrook Hotel Trust positions in Q1 2023 and 41 closed out, a net change of -6 holders.
- The largest Pebblebrook Hotel Trust buyer in Q1 2023 was BlackRock, an estimated $51.4M added.
- The largest Pebblebrook Hotel Trust seller in Q1 2023 was T. Rowe Price Associates, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2023.