RLJ Lodging Trust
178 hedge funds and large institutions have $2.92B invested in RLJ Lodging Trust in 2013 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 76 increasing their positions, 55 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
38% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 55
10% more funds holding
Funds holding: 162 → 178 (+16)
8% more capital invested
Capital invested by funds: $2.71B → $2.92B (+$210M)
3.15% more ownership
Funds ownership: 98.26% → 101.4% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$46.1M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$44.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$44.1M |
| 4 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$37.1M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$29.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$167M |
| 2 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$65.3M |
| 3 |
GE
General Electric
Evendale,
Ohio
|
-$33.1M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$13.9M |
| 5 |
BREA
Barings Real Estate Advisers
Hartford,
Connecticut
|
-$9.81M |
RLJ Hedge Fund Activity: Q3 2013 in Review
178 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q3 2013, worth a combined $2.92B — up 7.8% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RLJ positions and 11 closed out — a net gain of 17 holders — while 76 added to existing stakes and 55 trimmed.
The largest buyer was Fisher Asset Management, opening a new position worth an estimated $46.1M. The largest seller was Cohen & Steers, cutting an estimated $167M.
- 178 institutional investors held RLJ Lodging Trust (RLJ) as of Q3 2013, up from 162 in Q2 2013.
- Funds reported $2.92B of RLJ Lodging Trust stock for Q3 2013, up 7.8% quarter-over-quarter.
- 28 funds opened new RLJ Lodging Trust positions in Q3 2013 and 11 closed out, a net change of +17 holders.
- The largest RLJ Lodging Trust buyer in Q3 2013 was Fisher Asset Management, an estimated $46.1M added.
- The largest RLJ Lodging Trust seller in Q3 2013 was Cohen & Steers, an estimated $167M sold.
Based on aggregated 13F filings for Q3 2013.