RLJ Lodging Trust
185 hedge funds and large institutions have $1.27B invested in RLJ Lodging Trust in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 76 reducing their positions, and 29 closing their positions.
156% more call options, than puts
Call options by funds: $1M | Put options by funds: $391K
4% less funds holding
Funds holding: 192 → 185 (-7)
3.95% less ownership
Funds ownership: 93.19% → 89.25% (-3.9%)
13% less capital invested
Capital invested by funds: $1.45B → $1.27B (-$182M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
21% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.57M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.35M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$7.9M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$28.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$25.7M |
| 3 |
BlackRock
New York
|
-$23.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.16M |
| 5 |
Goldman Sachs
New York
|
-$6.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
201
Allstate Corporation
Northbrook,
Illinois
| – | -$170K | -17,960 | Closed |
|
202
Walleye Trading
New York
| – | -$149K | -15,819 | Closed |
|
|
NAM
203
Nexpoint Asset Management
Dallas,
Texas
| – | -$135K | -14,300 | Closed |
|
204
Stifel Financial
St. Louis,
Missouri
| – | -$110K | -11,620 | Closed |
|
|
WG
205
Winton Group
London,
United Kingdom
| – | -$106K | -11,212 | Closed |
|
|
GAM
206
Gotham Asset Management
New York
| – | -$96K | -10,216 | Closed |
|
207
AssetMark Inc
Concord,
California
| – | -$76K | -8,077 | Closed |
|
|
PAG
208
Private Advisor Group
Morristown,
New Jersey
| – | -$54K | -5,753 | Closed |
|
|
NIT
209
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$38K | -4,000 | Closed |
|
|
QT
210
Quantbot Technologies
New York
| – | -$16K | -1,792 | Closed |
|
211
Lazard Asset Management
New York
| – | -$7K | -800 | Closed |
|
|
FHA
212
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$2K | -261 | Closed |
|
RLJ Hedge Fund Activity: Q3 2020 in Review
185 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q3 2020, worth a combined $1.27B — down 13% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of RLJ and 23 opened new positions — a net loss of 6 holders — while 76 trimmed existing stakes and 60 added.
The largest buyer was Fidelity Investments, adding an estimated $30.5M. The largest seller was JP Morgan Chase, cutting an estimated $28.5M.
- 185 institutional investors held RLJ Lodging Trust (RLJ) as of Q3 2020, down from 192 in Q2 2020.
- Funds reported $1.27B of RLJ Lodging Trust stock for Q3 2020, down 13% quarter-over-quarter.
- 23 funds opened new RLJ Lodging Trust positions in Q3 2020 and 29 closed out, a net change of -6 holders.
- The largest RLJ Lodging Trust buyer in Q3 2020 was Fidelity Investments, an estimated $30.5M added.
- The largest RLJ Lodging Trust seller in Q3 2020 was JP Morgan Chase, an estimated $28.5M sold.
Based on aggregated 13F filings for Q3 2020.