RLJ Lodging Trust
182 hedge funds and large institutions have $2.88B invested in RLJ Lodging Trust in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 78 increasing their positions, 67 reducing their positions, and 22 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 67
0.24% more ownership
Funds ownership: 98.18% → 98.43% (+0.24%)
4% less capital invested
Capital invested by funds: $2.99B → $2.88B (-$106M)
7% less funds holding
Funds holding: 195 → 182 (-13)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
81% less call options, than puts
Call options by funds: $765K | Put options by funds: $4.12M
Top Buyers
| 1 |
BlackRock
New York
|
+$261M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$42.6M |
| 3 |
Bank of New York Mellon
New York
|
+$23.4M |
| 4 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$16.1M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$15M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$97.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$18M |
| 3 |
State Street
Boston,
Massachusetts
|
-$13.7M |
| 4 |
Goldman Sachs
New York
|
-$12.6M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$29K | -1,200 | Closed |
|
202
Bessemer Group
Woodbridge,
New Jersey
| – | -$16K | -648 | Closed |
|
203
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$8K | -343 | Closed |
|
204
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -100 | Closed |
|
RLJ Hedge Fund Activity: Q1 2017 in Review
182 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q1 2017, worth a combined $2.88B — down 3.5% from $2.99B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RLJ and 17 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 78 added.
The largest buyer was BlackRock, adding an estimated $261M. The largest seller was Fidelity Investments, cutting an estimated $97.3M.
- 182 institutional investors held RLJ Lodging Trust (RLJ) as of Q1 2017, down from 195 in Q4 2016.
- Funds reported $2.88B of RLJ Lodging Trust stock for Q1 2017, down 3.5% quarter-over-quarter.
- 17 funds opened new RLJ Lodging Trust positions in Q1 2017 and 22 closed out, a net change of -5 holders.
- The largest RLJ Lodging Trust buyer in Q1 2017 was BlackRock, an estimated $261M added.
- The largest RLJ Lodging Trust seller in Q1 2017 was Fidelity Investments, an estimated $97.3M sold.
Based on aggregated 13F filings for Q1 2017.