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RLJ Lodging Trust $1.95 Series A Preferred Stock

36 hedge funds and large institutions have $215M invested in RLJ Lodging Trust $1.95 Series A Preferred Stock in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

761% more capital invested

Capital invested by funds: $25M → $215M (+$190M)

725% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 4

414% more funds holding

Funds holding: 736 (+29)

54.46% more ownership

Funds ownership: 6.97%61.44% (+54%)

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

Holders
36
Holders Change
+29
Holders Change %
+414.29%
% of All Funds
0.82%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.09%
New
33
Increased
1
Reduced
1
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$38.9M +$40.2M +1,441,476 New
ICM
2
Indaba Capital Management
California
$34.4M +$35.5M +1,272,297 New
Allianz Asset Management
3
Allianz Asset Management
Germany
$29.9M +$30.9M +1,107,305 New
FM
4
Forward Management
California
$27.7M +$28.6M +1,025,000 New
CIP
5
Chartwell Investment Partners
Pennsylvania
$17.2M +$536K +19,196 +3%
WAM
6
Weiss Asset Management
Massachusetts
$15.5M +$16M +572,739 New
Franklin Resources
7
Franklin Resources
California
$9.66M +$9.99M +357,629 New
SPCP
8
Snow Park Capital Partners
New York
$8.79M +$9.09M +325,566 New
Fidelity Investments
9
Fidelity Investments
Massachusetts
$6.22M +$6.43M +230,335 New
LCM
10
LDR Capital Management
New York
$5.66M +$5.85M +209,661 New
CL
11
CSS LLC
Illinois
$3.33M +$3.44M +123,207 New
VanEck Associates
12
VanEck Associates
New York
$3.29M +$3.4M +121,876 New
HI
13
HBK Investments
Texas
$2.52M +$2.61M +93,460 New
WSL
14
Western Standard LLC
California
$2.06M
PI
15
Putnam Investments
Massachusetts
$1.61M +$1.67M +59,794 New
FFA
16
First Foundation Advisors
California
$1.21M +$1.25M +44,631 New
ZA
17
Zazove Associates
Nevada
$1.07M +$1.11M +39,700 New
JP Morgan Chase
18
JP Morgan Chase
New York
$953K +$985K +35,292 New
PCM
19
Prelude Capital Management
New York
$830K +$850K +30,450 New
HCM
20
Hodges Capital Management
Texas
$776K -$148K -5,300 -16%
WS
21
Wedbush Securities
California
$698K +$722K +25,846 New
Wells Fargo
22
Wells Fargo
California
$541K +$558K +20,002 New
FCH
23
Freestone Capital Holdings
Washington
$534K +$552K +19,766 New
LCM
24
Lakewood Capital Management
New York
$340K +$352K +12,600 New
US Bancorp
25
US Bancorp
Minnesota
$270K +$279K +9,999 New

RLJ.PRA Hedge Fund Activity: Q4 2017 in Review

36 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) for Q4 2017, worth a combined $215M — up 761% from $25M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new RLJ.PRA positions and 4 closed out — a net gain of 29 holders — while 1 added to existing stakes and 1 trimmed.

The largest buyer was BlackRock, opening a new position worth an estimated $40.2M. The largest seller was Edgemoor Investment Advisors, exiting entirely with an estimated $6.3M sold.

  • 36 institutional investors held RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) as of Q4 2017, up from 7 in Q3 2017.
  • Funds reported $215M of RLJ Lodging Trust $1.95 Series A Preferred Stock stock for Q4 2017, up 761% quarter-over-quarter.
  • 33 funds opened new RLJ Lodging Trust $1.95 Series A Preferred Stock positions in Q4 2017 and 4 closed out, a net change of +29 holders.
  • The largest RLJ Lodging Trust $1.95 Series A Preferred Stock buyer in Q4 2017 was BlackRock, an estimated $40.2M added.
  • The largest RLJ Lodging Trust $1.95 Series A Preferred Stock seller in Q4 2017 was Edgemoor Investment Advisors, an estimated $6.3M sold.

Based on aggregated 13F filings for Q4 2017.