RLJ Lodging Trust
191 hedge funds and large institutions have $4.01B invested in RLJ Lodging Trust in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 82 reducing their positions, and 24 closing their positions.
0.91% less ownership
Funds ownership: 107.53% → 106.62% (-0.91%)
1% less capital invested
Capital invested by funds: $4.07B → $4.01B (-$60.3M)
4% less funds holding
Funds holding: 198 → 191 (-7)
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 82
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$38.9M |
| 2 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$28M |
| 3 |
Goldman Sachs
New York
|
+$20M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19.6M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$26.9M |
| 2 |
AAMU
APG Asset Management US
New York
|
-$18M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$17M |
| 4 |
D.E. Shaw & Co
New York
|
-$14.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.8M |
RLJ Hedge Fund Activity: Q3 2014 in Review
191 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q3 2014, worth a combined $4.01B — down 1.5% from $4.07B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RLJ and 17 opened new positions — a net loss of 7 holders — while 82 trimmed existing stakes and 66 added.
The largest buyer was Invesco, adding an estimated $38.9M. The largest seller was Norges Bank, cutting an estimated $26.9M.
- 191 institutional investors held RLJ Lodging Trust (RLJ) as of Q3 2014, down from 198 in Q2 2014.
- Funds reported $4.01B of RLJ Lodging Trust stock for Q3 2014, down 1.5% quarter-over-quarter.
- 17 funds opened new RLJ Lodging Trust positions in Q3 2014 and 24 closed out, a net change of -7 holders.
- The largest RLJ Lodging Trust buyer in Q3 2014 was Invesco, an estimated $38.9M added.
- The largest RLJ Lodging Trust seller in Q3 2014 was Norges Bank, an estimated $26.9M sold.
Based on aggregated 13F filings for Q3 2014.