RLJ Lodging Trust
RLJ
211 hedge funds and large institutions have $2.8B invested in RLJ Lodging Trust in 2018 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 67 increasing their positions, 71 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
26% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 34
4% more funds holding
Funds holding: 203 → 211 (+8)
6% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 71
3.93% less ownership
Funds ownership: 101.23% → 97.29% (-3.9%)
28% less capital invested
Capital invested by funds: $3.91B → $2.8B (-$1.11B)
94% less call options, than puts
Call options by funds: $701K | Put options by funds: $12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.3M |
| 2 |
Morgan Stanley
New York
|
+$21.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15.8M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$8.82M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$62.9M |
| 2 |
JP Morgan Chase
New York
|
-$52M |
| 3 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$47.1M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$35.6M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$27.6M |
RLJ Hedge Fund Activity: Q4 2018 in Review
211 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q4 2018, worth a combined $2.8B — down 28% from $3.91B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new RLJ positions and 34 closed out — a net gain of 9 holders — while 67 added to existing stakes and 71 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $82.3M. The largest seller was Cohen & Steers, cutting an estimated $62.9M.
- 211 institutional investors held RLJ Lodging Trust (RLJ) as of Q4 2018, up from 203 in Q3 2018.
- Funds reported $2.8B of RLJ Lodging Trust stock for Q4 2018, down 28% quarter-over-quarter.
- 43 funds opened new RLJ Lodging Trust positions in Q4 2018 and 34 closed out, a net change of +9 holders.
- The largest RLJ Lodging Trust buyer in Q4 2018 was Fidelity Investments, an estimated $82.3M added.
- The largest RLJ Lodging Trust seller in Q4 2018 was Cohen & Steers, an estimated $62.9M sold.
Based on aggregated 13F filings for Q4 2018.