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RLJ Lodging Trust

199 hedge funds and large institutions have $1.7B invested in RLJ Lodging Trust in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 78 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

24,025% more call options, than puts

Call options by funds: $2.9M | Put options by funds: $12K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

23% more capital invested

Capital invested by funds: $1.38B → $1.7B (+$314M)

4% more funds holding

Funds holding: 192199 (+7)

3.19% more ownership

Funds ownership: 89.67%92.87% (+3.2%)

19% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 78

Holders
199
Holders Change
+7
Holders Change %
+3.65%
% of All Funds
2.9%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
32
Increased
63
Reduced
78
Closed
23
Calls
$2.9M
Puts
$12K
Net Calls
+$2.88M
Net Calls Change
+$2.84M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$291M +$908K +87,414 +0.4%
BlackRock
2
BlackRock
New York
$263M +$2.81M +270,308 +1%
State Street
3
State Street
Massachusetts
$94.5M +$1.98M +190,918 +2%
Goldman Sachs
4
Goldman Sachs
New York
$79.3M -$8.2M -789,243 -10%
H2CM
5
H/2 Credit Manager
Connecticut
$73.9M
JP Morgan Chase
6
JP Morgan Chase
New York
$59.7M +$374K +36,013 +0.7%
Arrowstreet Capital
7
Arrowstreet Capital
Massachusetts
$47.5M +$36.1M +3,476,853 +608%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$43.4M +$1.34M +128,495 +4%
Charles Schwab
9
Charles Schwab
California
$39.5M +$80.3K +7,730 +0.2%
Allianz Asset Management
10
Allianz Asset Management
Germany
$37.3M -$5.3M -510,293 -14%
Fisher Asset Management
11
Fisher Asset Management
Washington
$35.8M -$6.13M -590,158 -16%
Ameriprise
12
Ameriprise
Minnesota
$34.2M +$14.4M +1,382,182 +90%
PCM
13
Palisade Capital Management
New Jersey
$30.7M -$2.94M -282,765 -10%
Millennium Management
14
Millennium Management
New York
$30.2M +$15.6M +1,505,423 +141%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$29M -$11.8M -1,133,373 -31%
N
16
Nuveen
North Carolina
$27.9M -$9M -866,076 -27%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$25.9M -$888K -85,508 -4%
Morgan Stanley
18
Morgan Stanley
New York
$23.1M +$11.2M +1,082,100 +122%
Northern Trust
19
Northern Trust
Illinois
$21.4M -$778K -74,862 -4%
Jacobs Levy Equity Management
20
Jacobs Levy Equity Management
New Jersey
$17.2M -$2.47M -237,885 -14%
LSV Asset Management
21
LSV Asset Management
Illinois
$17.2M -$787K -75,700 -5%
Adage Capital Partners
22
Adage Capital Partners
Massachusetts
$17M +$3.12M +300,000 +26%
Citadel Advisors
23
Citadel Advisors
Florida
$16.8M -$8.13M -782,726 -35%
BNP Paribas Asset Management
24
BNP Paribas Asset Management
France
$15.5M +$1.26M +121,701 +10%
ClearBridge Investments
25
ClearBridge Investments
New York
$15.4M +$94.4K +9,086 +0.7%

RLJ Hedge Fund Activity: Q4 2023 in Review

199 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in RLJ Lodging Trust (RLJ) for Q4 2023, worth a combined $1.7B — up 23% from $1.38B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new RLJ positions and 23 closed out — a net gain of 9 holders — while 63 added to existing stakes and 78 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $36.1M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $31.8M sold.

  • 199 institutional investors held RLJ Lodging Trust (RLJ) as of Q4 2023, up from 192 in Q3 2023.
  • Funds reported $1.7B of RLJ Lodging Trust stock for Q4 2023, up 23% quarter-over-quarter.
  • 32 funds opened new RLJ Lodging Trust positions in Q4 2023 and 23 closed out, a net change of +9 holders.
  • The largest RLJ Lodging Trust buyer in Q4 2023 was Arrowstreet Capital, an estimated $36.1M added.
  • The largest RLJ Lodging Trust seller in Q4 2023 was HG Vora Capital Management, an estimated $31.8M sold.

Based on aggregated 13F filings for Q4 2023.