RLJ Lodging Trust
195 hedge funds and large institutions have $1.18B invested in RLJ Lodging Trust in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 74 increasing their positions, 64 reducing their positions, and 35 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 64
9% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 35
1% less funds holding
Funds holding: 196 → 195 (-1)
1.57% less ownership
Funds ownership: 92.74% → 91.17% (-1.6%)
54% less call options, than puts
Call options by funds: $1.32M | Put options by funds: $2.9M
58% less capital invested
Capital invested by funds: $2.82B → $1.18B (-$1.64B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$62.3M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$34.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$22.1M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$16.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$128M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$60.7M |
| 3 |
Goldman Sachs
New York
|
-$32.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$23.4M |
| 5 |
Morgan Stanley
New York
|
-$23.3M |
RLJ Hedge Fund Activity: Q1 2020 in Review
195 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q1 2020, worth a combined $1.18B — down 58% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new RLJ positions and 35 closed out — a net gain of 3 holders — while 74 added to existing stakes and 64 trimmed.
The largest buyer was Citigroup, adding an estimated $62.3M. The largest seller was PGGM Investments, exiting entirely with an estimated $128M sold.
- 195 institutional investors held RLJ Lodging Trust (RLJ) as of Q1 2020, down from 196 in Q4 2019.
- Funds reported $1.18B of RLJ Lodging Trust stock for Q1 2020, down 58% quarter-over-quarter.
- 38 funds opened new RLJ Lodging Trust positions in Q1 2020 and 35 closed out, a net change of +3 holders.
- The largest RLJ Lodging Trust buyer in Q1 2020 was Citigroup, an estimated $62.3M added.
- The largest RLJ Lodging Trust seller in Q1 2020 was PGGM Investments, an estimated $128M sold.
Based on aggregated 13F filings for Q1 2020.