RLJ Lodging Trust
187 hedge funds and large institutions have $3.37B invested in RLJ Lodging Trust in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 72 increasing their positions, 75 reducing their positions, and 19 closing their positions.
8% more capital invested
Capital invested by funds: $3.12B → $3.37B (+$248M)
4% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 75
2.06% less ownership
Funds ownership: 104.73% → 102.67% (-2.1%)
4% less funds holding
Funds holding: 194 → 187 (-7)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$80.3M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$52M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$22.6M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18.5M |
| 5 |
AAMU
APG Asset Management US
New York
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BREA
Barings Real Estate Advisers
Hartford,
Connecticut
|
-$27.5M |
| 2 |
SRES
Starwood Real Estate Securities
Greenwich,
Connecticut
|
-$25M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$17.3M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$15.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
201
Cipher Capital
New York
| – | -$236K | -9,711 | Closed |
|
|
PM
202
Parametrica Management
Wanchai,
Hong Kong
| – | -$219K | -9,005 | Closed |
|
|
PCM
203
Prelude Capital Management
New York
| – | -$129K | -5,300 | Closed |
|
204
Walleye Trading
New York
| – | -$104K | -4,261 | Closed |
|
205
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$26 | +1 | New |
|
RLJ Hedge Fund Activity: Q1 2014 in Review
187 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q1 2014, worth a combined $3.37B — up 7.9% from $3.12B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RLJ and 15 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 72 added.
The largest buyer was Deutsche Bank, adding an estimated $80.3M. The largest seller was Barings Real Estate Advisers, exiting entirely with an estimated $27.5M sold.
- 187 institutional investors held RLJ Lodging Trust (RLJ) as of Q1 2014, down from 194 in Q4 2013.
- Funds reported $3.37B of RLJ Lodging Trust stock for Q1 2014, up 7.9% quarter-over-quarter.
- 15 funds opened new RLJ Lodging Trust positions in Q1 2014 and 19 closed out, a net change of -4 holders.
- The largest RLJ Lodging Trust buyer in Q1 2014 was Deutsche Bank, an estimated $80.3M added.
- The largest RLJ Lodging Trust seller in Q1 2014 was Barings Real Estate Advisers, an estimated $27.5M sold.
Based on aggregated 13F filings for Q1 2014.