RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
44 hedge funds and large institutions have $198M invested in RLJ Lodging Trust $1.95 Series A Preferred Stock in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more funds holding
Funds holding: 42 → 44 (+2)
9% more capital inflows, than outflows
Capital inflows: $23.5M | Capital outflows: $21.5M
0.62% more ownership
Funds ownership: 61.36% → 61.98% (+0.62%)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$10.4M |
| 2 |
REMS
Real Estate Management Services
|
+$5.38M |
| 3 |
Cohen & Steers
New York
|
+$3.08M |
| 4 |
Western Standard LLC
Los Angeles,
California
|
+$2.33M |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$844K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$10.3M |
| 2 |
BlackRock
New York
|
-$4.41M |
| 3 |
Forward Management
San Francisco,
California
|
-$2.29M |
| 4 |
LDR Capital Management
New York
|
-$1.34M |
| 5 |
Edgemoor Investment Advisors
Bethesda,
Maryland
|
-$1.25M |
RLJ.PRA Hedge Fund Activity: Q4 2018 in Review
44 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) for Q4 2018, worth a combined $198M — down 3.7% from $205M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RLJ.PRA positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Chartwell Investment Partners, adding an estimated $10.4M. The largest seller was Indaba Capital Management, cutting an estimated $10.3M.
- 44 institutional investors held RLJ Lodging Trust $1.95 Series A Preferred Stock (RLJ.PRA) as of Q4 2018, up from 42 in Q3 2018.
- Funds reported $198M of RLJ Lodging Trust $1.95 Series A Preferred Stock stock for Q4 2018, down 3.7% quarter-over-quarter.
- 4 funds opened new RLJ Lodging Trust $1.95 Series A Preferred Stock positions in Q4 2018 and 2 closed out, a net change of +2 holders.
- The largest RLJ Lodging Trust $1.95 Series A Preferred Stock buyer in Q4 2018 was Chartwell Investment Partners, an estimated $10.4M added.
- The largest RLJ Lodging Trust $1.95 Series A Preferred Stock seller in Q4 2018 was Indaba Capital Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2018.