RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
50 hedge funds and large institutions have $144M invested in RLJ Lodging Trust $1.95 Series A Preferred Stock in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
6% more funds holding
Funds holding: 47 → 50 (+3)
3.97% more ownership
Funds ownership: 43.03% → 47% (+4%)
5% more capital invested
Capital invested by funds: $138M → $144M (+$6.38M)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$5.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.52M |
| 3 |
BlackRock
New York
|
+$1.99M |
| 4 |
VanEck Associates
New York
|
+$1.64M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$846K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICA
Infrastructure Capital Advisors
New York
|
-$1.67M |
| 2 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
-$806K |
| 3 |
Goldman Sachs
New York
|
-$487K |
| 4 |
AI
AXS Investments
Port Chester,
New York
|
-$463K |
| 5 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $423 | – | – | – |
|
|
ZA
52
Zazove Associates
Incline Village,
Nevada
| – | -$274K | -11,046 | Closed |
|
|
KIA
53
KCM Investment Advisors
Greenbrae,
California
| – | -$213K | -8,505 | Closed |
|
RLJ.PRA Hedge Fund Activity: Q2 2023 in Review
50 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) for Q2 2023, worth a combined $144M — up 4.6% from $138M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RLJ.PRA positions and 2 closed out — a net gain of 3 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Western Standard LLC, opening a new position worth an estimated $5.8M. The largest seller was Infrastructure Capital Advisors, cutting an estimated $1.67M.
- 50 institutional investors held RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) as of Q2 2023, up from 47 in Q1 2023.
- Funds reported $144M of RLJ Lodging Trust $1.95 Series A Preferred Stock stock for Q2 2023, up 4.6% quarter-over-quarter.
- 5 funds opened new RLJ Lodging Trust $1.95 Series A Preferred Stock positions in Q2 2023 and 2 closed out, a net change of +3 holders.
- The largest RLJ Lodging Trust $1.95 Series A Preferred Stock buyer in Q2 2023 was Western Standard LLC, an estimated $5.8M added.
- The largest RLJ Lodging Trust $1.95 Series A Preferred Stock seller in Q2 2023 was Infrastructure Capital Advisors, an estimated $1.67M sold.
Based on aggregated 13F filings for Q2 2023.