RLJ Lodging Trust
188 hedge funds and large institutions have $1.6B invested in RLJ Lodging Trust in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 80 increasing their positions, 63 reducing their positions, and 27 closing their positions.
1,530% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $108K
27% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 63
1% more capital invested
Capital invested by funds: $1.59B → $1.6B (+$15.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.91% less ownership
Funds ownership: 93.57% → 92.67% (-0.91%)
5% less funds holding
Funds holding: 197 → 188 (-9)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$24.9M |
| 2 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$19.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$15M |
| 4 |
Morgan Stanley
New York
|
+$14.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$18.1M |
| 2 |
Citigroup
New York
|
-$16M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$14.2M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$5.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Wolverine Trading
Chicago,
Illinois
| – | -$165K | -14,692 | Closed |
|
|
FRM
202
Fox Run Management
Greenwich,
Connecticut
| – | -$151K | -14,297 | Closed |
|
203
Squarepoint
New York
| – | -$149K | -14,114 | Closed |
|
|
BFM
204
Boothbay Fund Management
New York
| – | -$117K | -11,047 | Closed |
|
205
Simplex Trading
Chicago,
Illinois
| – | -$93.3K | -8,306 | Closed |
|
|
QL
206
Quarry LP
New York
| – | -$21.8K | -2,054 | Closed |
|
|
ZB
207
Zions Bancorporation
Salt Lake City,
Utah
| – | -$9.2K | -869 | Closed |
|
208
Rockefeller Capital Management
New York
| – | -$6K | -601 | Closed |
|
209
First Manhattan
New York
| – | -$3.28K | -310 | Closed |
|
|
HI
210
Harbour Investments
Madison,
Wisconsin
| – | -$3.16K | -298 | Closed |
|
|
RBC
211
Romano Brothers & Co
Evanston,
Illinois
| – | -$2.12K | -200 | Closed |
|
|
PVH
212
Psagot Value Holdings
Tel Aviv,
Israel
| – | +$494 | +44 | New |
|
RLJ Hedge Fund Activity: Q1 2023 in Review
188 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q1 2023, worth a combined $1.6B — up 1% from $1.59B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RLJ and 20 opened new positions — a net loss of 7 holders — while 63 trimmed existing stakes and 80 added.
The largest buyer was BlackRock, adding an estimated $24.9M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $18.1M sold.
- 188 institutional investors held RLJ Lodging Trust (RLJ) as of Q1 2023, down from 197 in Q4 2022.
- Funds reported $1.6B of RLJ Lodging Trust stock for Q1 2023, up 1% quarter-over-quarter.
- 20 funds opened new RLJ Lodging Trust positions in Q1 2023 and 27 closed out, a net change of -7 holders.
- The largest RLJ Lodging Trust buyer in Q1 2023 was BlackRock, an estimated $24.9M added.
- The largest RLJ Lodging Trust seller in Q1 2023 was Arrowstreet Capital, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2023.