RLJ Lodging Trust
199 hedge funds and large institutions have $3.34B invested in RLJ Lodging Trust in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 67 increasing their positions, 83 reducing their positions, and 34 closing their positions.
2.15% less ownership
Funds ownership: 100.32% → 98.17% (-2.1%)
9% less funds holding
Funds holding: 219 → 199 (-20)
13% less capital invested
Capital invested by funds: $3.86B → $3.34B (-$518M)
19% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 83
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
53% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 34
79% less call options, than puts
Call options by funds: $2.09M | Put options by funds: $9.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$88M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$49.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$44M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$15.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$43.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$37.4M |
| 3 |
Goldman Sachs
New York
|
-$35.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$30.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.7M |
RLJ Hedge Fund Activity: Q1 2018 in Review
199 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q1 2018, worth a combined $3.34B — down 13% from $3.86B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of RLJ and 16 opened new positions — a net loss of 18 holders — while 83 trimmed existing stakes and 67 added.
The largest buyer was Cohen & Steers, adding an estimated $88M. The largest seller was JP Morgan Chase, cutting an estimated $43.9M.
- 199 institutional investors held RLJ Lodging Trust (RLJ) as of Q1 2018, down from 219 in Q4 2017.
- Funds reported $3.34B of RLJ Lodging Trust stock for Q1 2018, down 13% quarter-over-quarter.
- 16 funds opened new RLJ Lodging Trust positions in Q1 2018 and 34 closed out, a net change of -18 holders.
- The largest RLJ Lodging Trust buyer in Q1 2018 was Cohen & Steers, an estimated $88M added.
- The largest RLJ Lodging Trust seller in Q1 2018 was JP Morgan Chase, an estimated $43.9M sold.
Based on aggregated 13F filings for Q1 2018.