RLJ Lodging Trust
203 hedge funds and large institutions have $4.15B invested in RLJ Lodging Trust in 2015 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 87 increasing their positions, 64 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
36% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 64
7% more funds holding
Funds holding: 190 → 203 (+13)
2.5% less ownership
Funds ownership: 102.8% → 100.3% (-2.5%)
9% less capital invested
Capital invested by funds: $4.55B → $4.15B (-$399M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$108M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$45.2M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$33.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$32.6M |
| 5 |
Two Sigma Investments
New York
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$116M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$114M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$114M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$56.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.4M |
RLJ Hedge Fund Activity: Q1 2015 in Review
203 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q1 2015, worth a combined $4.15B — down 8.8% from $4.55B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RLJ positions and 14 closed out — a net gain of 13 holders — while 87 added to existing stakes and 64 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $108M. The largest seller was Cohen & Steers, exiting entirely with an estimated $116M sold.
- 203 institutional investors held RLJ Lodging Trust (RLJ) as of Q1 2015, up from 190 in Q4 2014.
- Funds reported $4.15B of RLJ Lodging Trust stock for Q1 2015, down 8.8% quarter-over-quarter.
- 27 funds opened new RLJ Lodging Trust positions in Q1 2015 and 14 closed out, a net change of +13 holders.
- The largest RLJ Lodging Trust buyer in Q1 2015 was Fidelity Investments, an estimated $108M added.
- The largest RLJ Lodging Trust seller in Q1 2015 was Cohen & Steers, an estimated $116M sold.
Based on aggregated 13F filings for Q1 2015.