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.
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: 1 → 1 (0)
3% less funds holding
Funds holding: 198 → 192 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$32.4M |
| 2 |
BlackRock
New York
|
+$27.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$20.7M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$11.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$109M |
| 2 |
Morgan Stanley
New York
|
-$60.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$15M |
| 4 |
LPC
Long Pond Capital
New York
|
-$7.54M |
| 5 |
Barclays
London,
United Kingdom
|
-$5M |
RLJ Hedge Fund Activity: Q3 2023 in Review
192 of the 6,310 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.