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RLJ Lodging Trust

192 hedge funds and large institutions have $1.38B invested in RLJ Lodging Trust in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 77 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,200% more call options, than puts

Call options by funds: $43K | Put options by funds: $1K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 198192 (-6)

4.79% less ownership

Funds ownership: 94.46%89.67% (-4.8%)

11% less capital invested

Capital invested by funds: $1.55B → $1.38B (-$164M)

16% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 32

19% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 77

Holders
192
Holders Change
-6
Holders Change %
-3.03%
% of All Funds
3.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
27
Increased
62
Reduced
77
Closed
32
Calls
$43K
Puts
$1K
Net Calls
+$42K
Net Calls Change
-$1.57M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$242M +$1.83M +183,408 +0.7%
BlackRock
2
BlackRock
New York
$217M +$27.1M +2,720,044 +14%
State Street
3
State Street
Massachusetts
$77.1M -$1.22M -122,407 -2%
Goldman Sachs
4
Goldman Sachs
New York
$74M +$2.72M +272,695 +4%
H2CM
5
H/2 Credit Manager
Connecticut
$61.7M
JP Morgan Chase
6
JP Morgan Chase
New York
$49.5M +$323K +32,318 +0.6%
Allianz Asset Management
7
Allianz Asset Management
Germany
$36.2M -$2.85M -285,206 -7%
Fisher Asset Management
8
Fisher Asset Management
Washington
$35.7M +$99.2K +9,936 +0.3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$35.3M -$109M -10,912,945 -75%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$35M +$874K +87,606 +3%
Charles Schwab
11
Charles Schwab
California
$32.9M +$480K +48,091 +1%
HVCM
12
HG Vora Capital Management
New York
$31.8M +$32.4M +3,250,000 New
N
13
Nuveen
North Carolina
$31.8M +$755K +75,644 +2%
PCM
14
Palisade Capital Management
New Jersey
$28.4M +$403K +40,380 +1%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$22.5M -$131K -13,131 -0.6%
Citadel Advisors
16
Citadel Advisors
Florida
$21.7M +$20.7M +2,076,597 +1,479%
Northern Trust
17
Northern Trust
Illinois
$18.6M -$189K -18,910 -1%
Jacobs Levy Equity Management
18
Jacobs Levy Equity Management
New Jersey
$16.7M -$1.41M -141,551 -8%
LSV Asset Management
19
LSV Asset Management
Illinois
$15.1M +$125K +12,500 +0.8%
Ameriprise
20
Ameriprise
Minnesota
$15.1M -$3.18M -318,720 -17%
ClearBridge Investments
21
ClearBridge Investments
New York
$12.8M -$339K -33,931 -3%
BNP Paribas Asset Management
22
BNP Paribas Asset Management
France
$11.8M -$129K -12,936 -1%
GT
23
Glenmede Trust
Pennsylvania
$11.3M +$11.5M +1,156,723 New
Adage Capital Partners
24
Adage Capital Partners
Massachusetts
$11.3M +$11.5M +1,150,000 New
Norges Bank
25
Norges Bank
Norway
$11.2M -$15M -1,504,470 -57%

RLJ Hedge Fund Activity: Q3 2023 in Review

192 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q3 2023, worth a combined $1.38B — down 11% from $1.55B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of RLJ and 27 opened new positions — a net loss of 5 holders — while 77 trimmed existing stakes and 62 added.

The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $32.4M. The largest seller was Fidelity Investments, cutting an estimated $109M.

  • 192 institutional investors held RLJ Lodging Trust (RLJ) as of Q3 2023, down from 198 in Q2 2023.
  • Funds reported $1.38B of RLJ Lodging Trust stock for Q3 2023, down 11% quarter-over-quarter.
  • 27 funds opened new RLJ Lodging Trust positions in Q3 2023 and 32 closed out, a net change of -5 holders.
  • The largest RLJ Lodging Trust buyer in Q3 2023 was HG Vora Capital Management, an estimated $32.4M added.
  • The largest RLJ Lodging Trust seller in Q3 2023 was Fidelity Investments, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2023.