RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
49 hedge funds and large institutions have $123M invested in RLJ Lodging Trust $1.95 Series A Preferred Stock in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 8 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
5.4% less ownership
Funds ownership: 44.4% → 39% (-5.4%)
6% less funds holding
Funds holding: 52 → 49 (-3)
14% less capital invested
Capital invested by funds: $143M → $123M (-$19.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICA
Infrastructure Capital Advisors
New York
|
+$2.37M |
| 2 |
VanEck Associates
New York
|
+$1.22M |
| 3 |
BlackRock
New York
|
+$1.02M |
| 4 |
MG
Marex Group
London,
|
+$420K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
-$13M |
| 2 |
CJFS
Coulter & Justus Financial Services
Knoxville,
Tennessee
|
-$5.4M |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$1.47M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$818K |
| 5 |
DI
Diligent Investors
Redlands,
California
|
-$457K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CJFS
51
Coulter & Justus Financial Services
Knoxville,
Tennessee
| – | -$5.4M | -215,547 | Closed |
|
|
WSL
52
Western Standard LLC
Los Angeles,
California
| – | -$1.47M | -58,628 | Closed |
|
|
DI
53
Diligent Investors
Redlands,
California
| – | -$457K | -18,249 | Closed |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$372K | -14,843 | Closed |
|
|
SAM
55
Shikiar Asset Management
New York
| – | -$354K | -14,150 | Closed |
|
56
HighTower Advisors
Chicago,
Illinois
| – | -$252K | -10,040 | Closed |
|
57
SG Americas Securities
New York
| – | -$250K | -10,000 | Closed |
|
|
GWS
58
Glassman Wealth Services
Vienna,
Virginia
| – | -$202K | -8,050 | Closed |
|
RLJ.PRA Hedge Fund Activity: Q1 2024 in Review
49 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) for Q1 2024, worth a combined $123M — down 14% from $143M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RLJ.PRA and 5 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Infrastructure Capital Advisors, adding an estimated $2.37M. The largest seller was H/2 Credit Manager, cutting an estimated $13M.
- 49 institutional investors held RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) as of Q1 2024, down from 52 in Q4 2023.
- Funds reported $123M of RLJ Lodging Trust $1.95 Series A Preferred Stock stock for Q1 2024, down 14% quarter-over-quarter.
- 5 funds opened new RLJ Lodging Trust $1.95 Series A Preferred Stock positions in Q1 2024 and 8 closed out, a net change of -3 holders.
- The largest RLJ Lodging Trust $1.95 Series A Preferred Stock buyer in Q1 2024 was Infrastructure Capital Advisors, an estimated $2.37M added.
- The largest RLJ Lodging Trust $1.95 Series A Preferred Stock seller in Q1 2024 was H/2 Credit Manager, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2024.