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RLJ Lodging Trust $1.95 Series A Preferred Stock

40 hedge funds and large institutions have $175M invested in RLJ Lodging Trust $1.95 Series A Preferred Stock in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

3% more funds holding

Funds holding: 3940 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.86% less ownership

Funds ownership: 61.08%60.21% (-0.86%)

14% less capital invested

Capital invested by funds: $203M → $175M (-$27.9M)

20% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 10

Holders
40
Holders Change
+1
Holders Change %
+2.56%
% of All Funds
0.92%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
6
Increased
8
Reduced
10
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$41.1M +$1.98M +77,235 +5%
ICM
2
Indaba Capital Management
California
$33.4M
WAM
3
Weiss Asset Management
Massachusetts
$19.8M -$635K -24,700 -3%
CIP
4
Chartwell Investment Partners
Pennsylvania
$19.8M +$1.97M +76,601 +11%
FM
5
Forward Management
California
$18.5M -$5.29M -205,890 -23%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$6.04M
LCM
7
LDR Capital Management
New York
$5.4M -$68.8K -2,677 -1%
EIA
8
Edgemoor Investment Advisors
Maryland
$5.34M -$216K -8,400 -4%
WSL
9
Western Standard LLC
California
$3.69M +$3.61M +140,445 New
VanEck Associates
10
VanEck Associates
New York
$3.47M +$186K +7,227 +6%
Goldman Sachs
11
Goldman Sachs
New York
$2.63M +$2.57M +100,221 New
RA
12
RMR Advisors
Massachusetts
$2.52M
ACM
13
Advisors Capital Management
New Jersey
$2.47M +$2.42M +94,088 New
PI
14
Putnam Investments
Massachusetts
$1.3M -$262K -10,200 -17%
FFA
15
First Foundation Advisors
California
$1.05M -$114K -4,453 -10%
ZA
16
Zazove Associates
Nevada
$1.01M
IAM
17
Impax Asset Management
New Hampshire
$1.01M
Wells Fargo
18
Wells Fargo
California
$924K +$45.8K +1,781 +5%
JP Morgan Chase
19
JP Morgan Chase
New York
$896K
WS
20
Wedbush Securities
California
$716K +$15.4K +600 +2%
HCM
21
Hodges Capital Management
Texas
$585K -$52.7K -2,050 -8%
PCM
22
Prelude Capital Management
New York
$583K -$77.1K -3,000 -12%
QOP
23
Quinn Opportunity Partners
Virginia
$374K
LCM
24
Lakewood Capital Management
New York
$331K
Allianz Asset Management
25
Allianz Asset Management
Germany
$291K

RLJ.PRA Hedge Fund Activity: Q2 2018 in Review

40 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) for Q2 2018, worth a combined $175M — down 14% from $203M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new RLJ.PRA positions and 4 closed out — a net gain of 2 holders — while 8 added to existing stakes and 10 trimmed.

The largest buyer was Western Standard LLC, opening a new position worth an estimated $3.61M. The largest seller was Forward Management, cutting an estimated $5.29M.

  • 40 institutional investors held RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) as of Q2 2018, up from 39 in Q1 2018.
  • Funds reported $175M of RLJ Lodging Trust $1.95 Series A Preferred Stock stock for Q2 2018, down 14% quarter-over-quarter.
  • 6 funds opened new RLJ Lodging Trust $1.95 Series A Preferred Stock positions in Q2 2018 and 4 closed out, a net change of +2 holders.
  • The largest RLJ Lodging Trust $1.95 Series A Preferred Stock buyer in Q2 2018 was Western Standard LLC, an estimated $3.61M added.
  • The largest RLJ Lodging Trust $1.95 Series A Preferred Stock seller in Q2 2018 was Forward Management, an estimated $5.29M sold.

Based on aggregated 13F filings for Q2 2018.