Vault-13

ASHFORD HOSPITALITY TR INC AHT

COM NEW · REIT · CUSIP 044103794

32 institutional holders +3 vs Q1 2025
1,267,7781.3m shares reported held*
$7.7mreported value*
4 new 7 added 10 reduced 1 sold out net bought ≈ $382.5k (+63.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.07. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 24: 1Q2 24: 1Q3 24: 2Q4 24: 31Q1 25: 29Q2 25: 3232Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q1 20241
Q2 20241
Q3 20242
Q4 202431
Q1 202529
Q2 202532

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 24: 0 bought or addedQ2 24: 0 cut or sold outQ2 24Q3 24: 1 bought or addedQ3 24: 1 cut or sold outQ3 24Q4 24: 29 bought or addedQ4 24: 1 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 11 cut or sold outQ1 25Q2 25: 11 bought or addedQ2 25: 11 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q2 202400
Q3 202411
Q4 2024291
Q1 20251111
Q2 20251111

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $438.8kQ4 24 puts: $44.6kQ4 24P/C 0.10Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$438.8k$44.6k0.10
Q1 2025$0$0—
Q2 2025$0$0—

Biggest buyers

Biggest sellers

MORGAN STANLEY Reduced -15,573-15.6k
Navis Wealth Advisors, LLC Reduced -12,962-13.0k
Invesco Ltd. Reduced -11,226-11.2k
UBS Group AG Reduced -3,694-3.7k
WELLS FARGO & COMPANY/MN Sold out -1,126-1.1k
GROUP ONE TRADING LLC Reduced -830-830
BlackRock, Inc. Reduced -596-596
GEODE CAPITAL MANAGEMENT, LLC Reduced -85-85
Larson Financial Group LLC Reduced -3-3
JPMORGAN CHASE & CO Reduced -3-3

Biggest calls

None

Biggest puts

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
CastleKnight Master Fund LP 13G · passive investor filed 2026-02-17 6.4% 410.9k≈ $1.3m 2026-02-17

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CastleKnight Management LP 0.21% of their portfolio New York, NY 517,903517.9k $3.1m $3.1m 0.21% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 277,222277.2k $1.7m $1.7m 0.00% Added +84.3k +84,280
3 Varde Management, L.P. 1.48% of their portfolio New York, NY 175,512175.5k $1.1m $1.1m 1.48% Unchanged
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 59,71859.7k $359.5k $359.5k 0.00% Reduced -596 -596
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 58,86158.9k $354.4k $354.4k 0.00% Reduced -85 -85
6 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 53,10353.1k $319.7k $319.7k 0.00% Added +1.1k +1,100
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 36,58336.6k $220.2k $220.2k 0.00% Added +6.9k +6,854
8 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 19,67619.7k $118.5k $118.5k 0.00% Reduced -11.2k -11,226
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,13015.1k $91.1k $91.1k 0.00% Unchanged
10 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 14,88214.9k $89.6k $89.6k 0.01% Added +2.6k +2,630
11 Navis Wealth Advisors, LLC 0.07% of their portfolio RYE BROOK, NY 14,32814.3k $86.3k $86.3k 0.07% Reduced -13.0k -12,962
12 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,04013.0k $78.5k $78.5k 0.00% New
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,6285.6k $33.9k $33.9k 0.00% Reduced -3.7k -3,694
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,7501.8k $10.5k $10.5k 0.00% Reduced -15.6k -15,573
15 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 1,0071.0k $6.1k $6.1k 0.00% Unchanged
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 967967 $5.8k $5.8k 0.00% New
17 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 733733 $4.4k $4.4k 0.00% Added +376 +376
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 586586 $4.0k $4.0k 0.00% Added +376 +376
19 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 235235 $1.4k $1.4k 0.00% Reduced -830 -830
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 200200 $1.2k $1.2k 0.00% Unchanged
21 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 179179 $1.1k $1.1k 0.00% Reduced -3 -3
22 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 162162 $975 $975 0.00% Reduced -2 -2
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 161161 $970 $970 0.00% Added +2 +2
24 Transce3nd, LLC 0.00% of their portfolio BUDA, TX 131131 $789 $789 0.00% Unchanged
25 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 3030 $181 $181 0.00% Unchanged
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1616 $96 $96 0.00% Reduced -3 -3
27 TOTAL INVESTMENT MANAGEMENT INC 0.00% of their portfolio SCOTTSDALE, AZ 1616 $96 $96 0.00% New
28 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1111 $66 $66 0.00% Unchanged
29 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 66 $37 $37 0.00% Unchanged
30 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $6 $6 0.00% New
31 Fortis Group Advisors, LLC 0.00% of their portfolio WESTWOOD, NJ 11 $6 $6 0.00% Unchanged
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged