RLJ Lodging Trust
211 hedge funds and large institutions have $2.88B invested in RLJ Lodging Trust in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 84 increasing their positions, 62 reducing their positions, and 28 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 62
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
1% more capital invested
Capital invested by funds: $2.85B → $2.88B (+$31M)
1% more funds holding
Funds holding: 209 → 211 (+2)
0.3% less ownership
Funds ownership: 93.22% → 92.92% (-0.3%)
84% less call options, than puts
Call options by funds: $1.32M | Put options by funds: $8.16M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$100M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$50.5M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$32M |
| 4 |
Citigroup
New York
|
+$25.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$123M |
| 2 |
Cohen & Steers
New York
|
-$30.3M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$30.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.5M |
| 5 |
Goldman Sachs
New York
|
-$20M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
226
Virtu Financial
New York
| – | -$276K | -15,728 | Closed |
|
|
WAM
227
Wolverine Asset Management
Chicago,
Illinois
| – | -$257K | -14,683 | Closed |
|
|
VIA
228
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$232K | -13,218 | Closed |
|
|
SL
229
Signition LP
New York
| – | -$218K | -12,384 | Closed |
|
230
M&T Bank
Buffalo,
New York
| – | -$189K | -10,747 | Closed |
|
231
Neuberger Berman Group
New York
| – | -$184K | -10,500 | Closed |
|
|
QT
232
Quantbot Technologies
New York
| – | -$47K | -2,718 | Closed |
|
233
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$25K | -1,414 | Closed |
|
|
CB
234
Community Bank
Dewitt,
New York
| – | -$8K | -470 | Closed |
|
|
MNBTD
235
Moody National Bank Trust Division
Galveston,
Texas
| – | -$5K | -294 | Closed |
|
|
DBT
236
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$2K | -120 | Closed |
|
|
GWS
237
Glassman Wealth Services
Vienna,
Virginia
| – | +$73 | +4 | New |
|
RLJ Hedge Fund Activity: Q2 2019 in Review
211 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q2 2019, worth a combined $2.88B — up 1.1% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new RLJ positions and 28 closed out — a net gain of 5 holders — while 84 added to existing stakes and 62 trimmed.
The largest buyer was PGGM Investments, adding an estimated $100M. The largest seller was Brookfield Corp, cutting an estimated $123M.
- 211 institutional investors held RLJ Lodging Trust (RLJ) as of Q2 2019, up from 209 in Q1 2019.
- Funds reported $2.88B of RLJ Lodging Trust stock for Q2 2019, up 1.1% quarter-over-quarter.
- 33 funds opened new RLJ Lodging Trust positions in Q2 2019 and 28 closed out, a net change of +5 holders.
- The largest RLJ Lodging Trust buyer in Q2 2019 was PGGM Investments, an estimated $100M added.
- The largest RLJ Lodging Trust seller in Q2 2019 was Brookfield Corp, an estimated $123M sold.
Based on aggregated 13F filings for Q2 2019.