PEBBLEBROOK HOTEL TR PEB
COM · REIT · CUSIP 70509V100
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBethesda, MD
- FilingsSEC EDGAR
* 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 ($251.6k this quarter). Holder counts are more reliable. Shares outstanding: 120.5m as of 2023-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $13.95. Options: 2 managers hold calls ($135.2k notional), 4 hold puts ($2.0m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 254 |
| Q4 2022 | 253 |
| Q1 2023 | 243 |
| Q2 2023 | 239 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 121 | 125 |
| Q1 2023 | 147 | 105 |
| Q2 2023 | 83 | 149 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $700.0k | $1.7m | 2.38 |
| Q4 2022 | $492.1k | $473.9k | 0.96 |
| Q1 2023 | $790.0k | $329.1k | 0.42 |
| Q2 2023 | $135.2k | $2.0m | 14.64 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +1.2m |
| PRINCIPAL FINANCIAL GROUP INC | Added | +1.2m |
| T. Rowe Price Investment Management, Inc. | Added | +839.7k |
| MACQUARIE GROUP LTD | Added | +664.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +258.3k |
| NORTHERN TRUST CORP | Added | +258.2k |
| D. E. Shaw & Co., Inc. | Added | +257.9k |
| PGGM Investments | Added | +251.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +155.2k |
| HRT FINANCIAL LP | New | +149.4k |
Biggest sellers
| Thrivent Financial for Lutherans | Reduced | -2.6m |
| VANGUARD GROUP INC | Reduced | -1.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.2m |
| HSBC HOLDINGS PLC | Reduced | -1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -980.8k |
| BlackRock Inc. | Reduced | -966.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -921.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -882.0k |
| Point72 Asset Management, L.P. | Sold out | -726.9k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $135.2k9.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.9m137.1k shares |
| GROUP ONE TRADING LLC | New | $34.9k2.5k shares |
| SIMPLEX TRADING, LLC | Added | $33.0k2.4k 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.
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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 17.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-02-05 | 10.1% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +2.2 pts · filed 2026-08-14 | 7.6% |
| STATE STREET CORP 13G · institution new · filed 2026-05-12 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: Alyeska Investment Group, L.P. (2.2%, 2026-08-14), T. Rowe Price Investment Management, Inc. (4.8%, 2026-08-14), BANK OF AMERICA CORP /DE/ (3.7%, 2026-08-12), FULLER & THALER ASSET MANAGEMENT, INC. (4.3%, 2026-05-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $2.1m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 2 | $529.5k | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $77.1k | — |
| Q4 2022 | 0 | — | 1 | $58.4k | — |
| Q1 2023 | 1 | $1.7m | 0 | — | — |
| Q2 2023 | 1 | $650.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-23 | BORTZ JON E Chairman and CEO, director | Bought | $101.3k8.0k shares |
| 2023-06-22 | BORTZ JON E Chairman and CEO, director | Bought | $46.1k3.6k shares |
| 2023-06-21 | BORTZ JON E Chairman and CEO, director | Bought | $143.1k11.4k shares |
| 2023-06-20 | BORTZ JON E Chairman and CEO, director | Bought | $359.5k28.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 21.4m $298.8m | Reduced -966.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 20.2m $281.9m | Reduced -1.2m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.71% of their portfolio | 8.9m $124.7m | Added +1.2m |
| STATE STREET CORP 0.01% of their portfolio | 8.3m $115.2m | Reduced -416.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 6.9m $96.1m | Added +1.2m |
| EARNEST PARTNERS LLC 0.46% of their portfolio | 5.9m $82.2m | Reduced -173.1k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 5.7m $79.3m | Added +839.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 5.5m $76.8m | Reduced -1.2m |
| PGGM Investments 0.88% of their portfolio | 3.9m $54.4m | Added +251.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.36% of their portfolio | 3.6m $50.7m | Added +131.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.5m $49.4m | Added +53.3k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 3.4m $47.3m | Added +664.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.7m $37.4m | Reduced -111.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.5m $34.6m | Reduced -921.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 2.4m $34.0m | Added +155.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.2m $30.5m | Added +258.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.2m $30.5m | Reduced -160.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.1m $29.9m | Reduced -47.8k |
| Legal & General Group Plc 0.01% of their portfolio | 2.0m $28.4m | Added +98.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.9m $26.0m | Reduced -980.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $24.9m | Reduced -47.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.8m $24.4m | Reduced -38.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.6m $21.7m | Added +85.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.4m $19.0m | Added +38.0k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.27% of their portfolio | 1.1m $15.2m | Reduced -43.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.0m $14.5m | Reduced -43.8k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 943.4k $13.2m | Reduced -545.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 882.9k $12.3m | Reduced -71.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 861.3k $12.0m | Added +101.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 860.0k $12.0m | Reduced -1.1m |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 845.7k $11.8m | Added +42.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 842.4k $11.7m | Added +257.9k |
| NORGES BANK 0.00% of their portfolio | 841.8k $11.7m | Reduced -152.9k |
| Invesco Ltd. 0.00% of their portfolio | 819.7k $11.4m | Reduced -21.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 810.4k $11.3m | Reduced -9.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 805.4k $11.2m | Reduced -118.0k |
| BARCLAYS PLC 0.01% of their portfolio | 760.2k $10.6m | Added +29.8k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 712.3k $9.9m | Reduced -882.0k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 650.0k $9.1m | Reduced -26.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 648.6k $9.0m | Added +94.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 638.4k $8.9m | Reduced -1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 617.8k $8.7m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 568.9k $7.9m | Reduced -1.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 487.1k $6.8m | Reduced -41.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 469.2k $6.5m | Reduced -346.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 468.0k $6.5m | Added +60.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 455.9k $6.4m | Added +35.7k |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 452.9k $6.3m | Added +16.7k |
| NOMURA HOLDINGS INC 0.06% of their portfolio | 440.9k $6.1m | Reduced -42.5k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 434.1k $6.1m | Reduced -2.6m |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 433.5k $6.0m | Reduced -41.6k |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.22% of their portfolio | 431.7k $6.0m | Reduced -10.5k |
| EAGLE ASSET MANAGEMENT INC 0.03% of their portfolio | 419.9k $5.9m | Added +24.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 419.6k $5.8m | Reduced -215.9k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 417.3k $5.8m | Reduced -8.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 380.4k $5.3m | Added +11.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 342.0k $5.7m | Reduced -80.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 320.7k $4.5m | Added +1.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 274.7k $3.8m | Added +258.3k |
| Swiss National Bank 0.00% of their portfolio | 272.0k $3.8m | Reduced -11.7k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 230.7k $3.2m | Reduced -21.4k |
| Greenland Capital Management LP 0.45% of their portfolio | 225.0k $3.1m | Added +50.0k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 218.5k $3.0m | Reduced -12.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 218.4k $3.0m | Reduced -12.3k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 210.3k $2.9m | Added +6.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 208.9k $2.9m | Reduced -75.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 199.6k $2.8m | Added +12.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 174.6k $2.4m | Reduced -38.9k |
| Jump Financial, LLC 0.08% of their portfolio | 162.9k $2.3m | Added +53.8k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 161.2k $2.2m | Reduced -24.0k |
| SG Americas Securities, LLC 0.02% of their portfolio | 151.7k $2.1m | Reduced -83.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 151.5k $2.1m | Reduced -22.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 150.4k $2.1m | Reduced -13.4k |
| Palogic Value Management, L.P. 0.98% of their portfolio | 150.0k $2.1m | Added +25.0k |
| HRT FINANCIAL LP 0.02% of their portfolio | 149.4k $2.1m | New |
| South Dakota Investment Council 0.04% of their portfolio | 145.6k $2.0m | Unchanged |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 142.4k $2.0m | Reduced -6.5k |
| Quantbot Technologies LP 0.13% of their portfolio | 141.2k $2.0m | Reduced -51.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 139.5k $1.9m | Reduced -13.1k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 139.2k $1.9m | Reduced -42 |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 137.9k $1.9m | Reduced -19.4k |
| CITIGROUP INC 0.00% of their portfolio | 137.1k $1.9m | Added +29.9k |
| DUALITY ADVISERS, LP 0.24% of their portfolio | 135.5k $1.9m | Added +32.3k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio | 131.2k $1.8m | Added +3.3k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.03% of their portfolio | 128.0k $1.8m | Reduced -12.6k |
| UBS Group AG 0.00% of their portfolio | 116.5k $1.6m | Added +51.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 113.7k $1.6m | Added +19.5k |
| Amundi 0.00% of their portfolio | 110.4k $1.6m | Added +15.9k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 108.0k $1.5m | Reduced -9.6k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 98.9k $1.4m | Reduced -144.0k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 97.9k $1.4m | Added +16.3k |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio | 93.9k $1.3m | Added +16.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 91.5k $1.3m | Reduced -251.3k |
| Employees Retirement System of Texas 0.02% of their portfolio | 91.0k $1.3m | Reduced -20.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 88.4k $1.2m | Added +5.5k |
| Heitman Real Estate Securities LLC 0.07% of their portfolio | 85.8k $1.2m | Added +8.6k |
| Rehmann Capital Advisory Group 0.10% of their portfolio | 83.3k $1.2m | Added +6.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 77.8k $1.1m | Reduced -431 |
| PERRY CREEK CAPITAL LP 0.33% of their portfolio | 73.1k $1.0m | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 72.3k $1.0m | Reduced -882 |