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RLJ Lodging Trust

190 hedge funds and large institutions have $4.55B invested in RLJ Lodging Trust in 2014 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

14% more capital invested

Capital invested by funds: $4.01B → $4.55B (+$543M)

1% less funds holding

Funds holding: 191190 (-1)

3.82% less ownership

Funds ownership: 106.62%102.8% (-3.8%)

11% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 79

Holders
190
Holders Change
-1
Holders Change %
-0.52%
% of All Funds
5.07%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.11%
New
19
Increased
70
Reduced
79
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$630M +$11.7M +367,921 +2%
Invesco
2
Invesco
Georgia
$409M -$33.1M -1,041,987 -8%
Goldman Sachs
3
Goldman Sachs
New York
$194M +$46.5M +1,462,920 +34%
LIMS
4
Lasalle Investment Management Securities
Maryland
$163M -$21.7M -681,304 -12%
BIT
5
BlackRock Institutional Trust
California
$163M +$16.5M +518,038 +12%
BFA
6
BlackRock Fund Advisors
California
$145M +$19.7M +618,162 +17%
JP Morgan Chase
7
JP Morgan Chase
New York
$143M -$8.01M -251,753 -6%
SAMC
8
Shinko Asset Management Company
Japan
$121M -$18.4M -577,600 -14%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$119M -$35.4M -1,111,769 -24%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$117M +$89.6M +2,817,281 +420%
Cohen & Steers
11
Cohen & Steers
New York
$116M -$35.6M -1,119,969 -24%
Northern Trust
12
Northern Trust
Illinois
$115M +$10M +315,612 +10%
CGM
13
Capital Growth Management
Massachusetts
$107M -$11.5M -360,000 -10%
N
14
Nuveen
North Carolina
$101M -$32.9M -1,033,202 -26%
GE
15
General Electric
Ohio
$101M
State Street
16
State Street
Massachusetts
$99.8M +$1.31M +41,224 +1%
Deutsche Bank
17
Deutsche Bank
Germany
$83.9M -$21.6M -678,039 -21%
Teacher Retirement System of Texas
18
Teacher Retirement System of Texas
Texas
$75.9M -$291K -9,145 -0.4%
Fisher Asset Management
19
Fisher Asset Management
Washington
$73.2M +$9.62M +302,559 +16%
AL
20
AJO LP
Pennsylvania
$63.3M -$2.72M -85,620 -4%
ACM
21
AEW Capital Management
Massachusetts
$59.5M +$3.1M +97,600 +6%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$54.2M -$176K -5,530 -0.3%
Prudential Financial
23
Prudential Financial
New Jersey
$53M +$37.2M +1,169,811 +285%
DPIM
24
Duff & Phelps Investment Management
Illinois
$52M +$18.8M +592,425 +62%
Ameriprise
25
Ameriprise
Minnesota
$50.7M +$30.7M +966,110 +177%

RLJ Hedge Fund Activity: Q4 2014 in Review

190 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q4 2014, worth a combined $4.55B — up 14% from $4.01B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new RLJ positions and 16 closed out — a net gain of 3 holders — while 70 added to existing stakes and 79 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $89.6M. The largest seller was AMP Capital Investors, cutting an estimated $56.2M.

  • 190 institutional investors held RLJ Lodging Trust (RLJ) as of Q4 2014, down from 191 in Q3 2014.
  • Funds reported $4.55B of RLJ Lodging Trust stock for Q4 2014, up 14% quarter-over-quarter.
  • 19 funds opened new RLJ Lodging Trust positions in Q4 2014 and 16 closed out, a net change of +3 holders.
  • The largest RLJ Lodging Trust buyer in Q4 2014 was Fidelity Investments, an estimated $89.6M added.
  • The largest RLJ Lodging Trust seller in Q4 2014 was AMP Capital Investors, an estimated $56.2M sold.

Based on aggregated 13F filings for Q4 2014.