ASHFORD HOSPITALITY TR INC
COM SHS · CUSIP 044103869
74
institutional holders
-10 vs Q1 2023
11.0m
shares reported held*
$41.0mreported value*
14 new
16 added
26 reduced
24 sold out
net sold ≈ $11.3m (-3.0m 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 ≈ $3.73. Options: 4 managers hold calls ($652.8k notional), 7 hold puts ($1.3m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 119 |
| Q4 2022 | 103 |
| Q1 2023 | 84 |
| Q2 2023 | 74 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 46 | 61 |
| Q1 2023 | 34 | 55 |
| Q2 2023 | 30 | 50 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.1m | $4.8m | 2.32 |
| Q4 2022 | $926.1k | $2.2m | 2.38 |
| Q1 2023 | $437.5k | $828.8k | 1.89 |
| Q2 2023 | $652.8k | $1.3m | 1.95 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | New | +435.8k |
| Russell Investments Group, Ltd. | Added | +295.5k |
| AQR CAPITAL MANAGEMENT LLC | New | +277.2k |
| CastleKnight Management LP | Added | +123.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +108.7k |
| AMERIPRISE FINANCIAL INC | Added | +103.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +85.0k |
| Qube Research & Technologies Ltd | New | +64.8k |
| GROUP ONE TRADING LLC | Added | +58.9k |
| JANE STREET GROUP, LLC | New | +48.3k |
Biggest sellers
| BlackRock Inc. | Reduced | -1.7m |
| STATE STREET CORP | Reduced | -547.6k |
| Balyasny Asset Management L.P. | Sold out | -511.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -329.1k |
| Nuveen Asset Management, LLC | Reduced | -281.1k |
| NORTHERN TRUST CORP | Reduced | -217.1k |
| FMR LLC | Reduced | -150.8k |
| VANGUARD GROUP INC | Reduced | -149.1k |
| D. E. Shaw & Co., Inc. | Sold out | -135.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -118.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $517.4k138.7k shares |
| CITADEL ADVISORS LLC | Reduced | $82.1k22.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $53.4k14.2k shares |
| Cutler Group LLC / CA | Unchanged | $01.9k shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $456.9k122.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $270.1k72.4k shares |
| WOLVERINE TRADING, LLC | Added | $226.7k60.3k shares |
| CITADEL ADVISORS LLC | Reduced | $204.4k54.8k shares |
| SIMPLEX TRADING, LLC | Added | $116.0k31.1k shares |
| Cutler Group LLC / CA | Reduced | $1.0k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
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.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Varde Management, L.P. 4.81% of their portfolio | 2.2m $8.1m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.9m $7.0m | Reduced -149.1k |
| CastleKnight Management LP 0.67% of their portfolio | 882.4k $3.3m | Added +123.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 802.3k $3.0m | Added +85.0k |
| BlackRock Inc. 0.00% of their portfolio | 663.2k $2.5m | Reduced -1.7m |
| STATE STREET CORP 0.00% of their portfolio | 442.8k $1.7m | Reduced -547.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 435.8k $1.6m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 392.3k $1.5m | Added +16.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 353.3k $1.3m | Added +295.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 335.6k $1.3m | Reduced -329.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 321.8k $1.2m | Added +48.1k |
| Invesco Ltd. 0.00% of their portfolio | 296.2k $1.1m | Reduced -7.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 277.2k $1.0m | New |
| FMR LLC 0.00% of their portfolio | 174.7k $651.8k | Reduced -150.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 158.0k $589.3k | Added +108.7k |
| MORGAN STANLEY 0.00% of their portfolio | 156.4k $583.2k | Reduced -6.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 114.5k $427.3k | Added +103.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 82.3k $306.9k | Reduced -118.1k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 79.6k $296.8k | Added +58.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 78.3k $291.9k | Added +44.2k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 64.8k $241.9k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 63.0k $234.9k | Reduced -217.1k |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 51.9k $193.5k | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 49.2k $183.0k | Added +336 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 48.3k $180.1k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 45.2k $168.6k | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 41.5k $154.9k | Added +2.8k |
| Graham Capital Management, L.P. 0.01% of their portfolio | 39.9k $148.7k | Added +6.2k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 38.9k $146.1k | Added +5.9k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 37.1k $138.2k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 36.8k $137.2k | Reduced -94.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 35.7k $133.2k | Unchanged |
| Ergoteles LLC 0.01% of their portfolio | 34.0k $126.8k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 25.0k $93.3k | New |
| State of Wyoming 0.03% of their portfolio | 23.5k $87.8k | New |
| Laurion Capital Management LP 0.00% of their portfolio | 19.6k $73.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 19.3k $71.9k | Reduced -15.2k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 18.3k $68.0k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 17.3k $65.0k | Added +2.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 16.6k $62.1k | Unchanged |
| Newman Dignan & Sheerar, Inc. 0.02% of their portfolio | 16.3k $60.9k | Unchanged |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 16.2k $59.0k | Reduced -1.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.8k $55.3k | Reduced -6.3k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 13.6k $50.9k | Added +11.7k |
| OLD MISSION CAPITAL LLC 0.00% of their portfolio | 12.1k $45.3k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 11.6k $43.4k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 10.9k $40.8k | Reduced -281.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 10.9k $40.6k | Reduced -48.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 10.8k $40.3k | New |
| LPL Financial LLC 0.00% of their portfolio | 10.4k $39.0k | Reduced -178 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 10.1k $37.7k | Added +40 |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 9.4k $35.0k | Unchanged |
| NFSG Corp 0.02% of their portfolio | 8.9k $33.3k | New |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 5.7k $21.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.3k $19.8k | Reduced -35 |
| UBS Group AG 0.00% of their portfolio | 3.7k $13.8k | Reduced -10.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.1k $8.0k | Reduced -8.5k |
| Larson Financial Group LLC 0.00% of their portfolio | 1.8k $6.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.3k $5.0k | Reduced -14.8k |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 1.1k $3.9k | Reduced -10 |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 648 $2.4k | Reduced -9.3k |
| WFA Asset Management Corp 0.00% of their portfolio | 550 $2.1k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 487 $1.8k | New |
| Cutler Group LLC / CA 0.00% of their portfolio | 285 $1.0k | Reduced -779 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 246 $918 | Reduced -15.8k |
| CNB Bank 0.00% of their portfolio | 170 $634 | Unchanged |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 159 $593 | First filing |
| CWM, LLC 0.00% of their portfolio | 89 $0 | Reduced -224 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 57 $213 | Reduced -26.6k |
| PFG Private Wealth Management, LLC 0.00% of their portfolio | 23 $86 | Unchanged |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 10 $38 | Not comparable |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 3 $11 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |
| Ridgewood Investments LLC 0.00% of their portfolio | 0 $0 | Unchanged |