RLJ Lodging Trust
229 hedge funds and large institutions have $3.68B invested in RLJ Lodging Trust in 2017 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 110 increasing their positions, 46 reducing their positions, and 22 closing their positions.
145% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 22
139% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 46
44% more capital invested
Capital invested by funds: $2.56B → $3.68B (+$1.12B)
15% more funds holding
Funds holding: 199 → 229 (+30)
7.56% less ownership
Funds ownership: 103.24% → 95.68% (-7.6%)
61% less call options, than puts
Call options by funds: $2.51M | Put options by funds: $6.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$148M |
| 2 |
JP Morgan Chase
New York
|
+$108M |
| 3 |
BlackRock
New York
|
+$84.4M |
| 4 |
Cohen & Steers
New York
|
+$84.2M |
| 5 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$72.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$75.8M |
| 2 |
Goldman Sachs
New York
|
-$64.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.7M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$26.4M |
| 5 |
Millennium Management
New York
|
-$10.1M |
RLJ Hedge Fund Activity: Q3 2017 in Review
229 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q3 2017, worth a combined $3.68B — up 44% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new RLJ positions and 22 closed out — a net gain of 32 holders — while 110 added to existing stakes and 46 trimmed.
The largest buyer was Vanguard Group, adding an estimated $148M. The largest seller was AJO LP, exiting entirely with an estimated $75.8M sold.
- 229 institutional investors held RLJ Lodging Trust (RLJ) as of Q3 2017, up from 199 in Q2 2017.
- Funds reported $3.68B of RLJ Lodging Trust stock for Q3 2017, up 44% quarter-over-quarter.
- 54 funds opened new RLJ Lodging Trust positions in Q3 2017 and 22 closed out, a net change of +32 holders.
- The largest RLJ Lodging Trust buyer in Q3 2017 was Vanguard Group, an estimated $148M added.
- The largest RLJ Lodging Trust seller in Q3 2017 was AJO LP, an estimated $75.8M sold.
Based on aggregated 13F filings for Q3 2017.