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 ($79.2k this quarter). Holder counts are more reliable. Shares outstanding: 113.6m as of 2025-10-31, 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 ≈ $11.32. Options: 5 managers hold calls ($86.9m notional), 5 hold puts ($5.1m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 254 |
| Q4 2022 | 253 |
| Q1 2023 | 243 |
| Q2 2023 | 239 |
| Q3 2023 | 231 |
| Q4 2023 | 236 |
| Q1 2024 | 240 |
| Q2 2024 | 244 |
| Q3 2024 | 253 |
| Q4 2024 | 271 |
| Q1 2025 | 263 |
| Q2 2025 | 252 |
| Q3 2025 | 257 |
| Q4 2025 | 267 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 87 | 126 |
| Q2 2024 | 110 | 123 |
| Q3 2024 | 103 | 132 |
| Q4 2024 | 120 | 130 |
| Q1 2025 | 126 | 128 |
| Q2 2025 | 135 | 121 |
| Q3 2025 | 125 | 122 |
| Q4 2025 | 125 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $40.1m | $5.1m | 0.13 |
| Q2 2025 | $39.7m | $0 | 0.00 |
| Q3 2025 | $131.2m | $3.5m | 0.03 |
| Q4 2025 | $86.9m | $5.1m | 0.06 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +5.3m |
| MetLife Investment Management, LLC | Added | +1.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +997.1k |
| UBS Group AG | Added | +993.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +894.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +870.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +711.0k |
| Alyeska Investment Group, L.P. | Added | +695.3k |
| GOLDMAN SACHS GROUP INC | Added | +564.6k |
| Hudson Bay Capital Management LP | New | +549.0k |
Biggest sellers
| Woodline Partners LP | Sold out | -3.2m |
| JPMORGAN CHASE & CO | Reduced | -3.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -1.7m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.1m |
| Schonfeld Strategic Advisors LLC | Reduced | -768.4k |
| BARCLAYS PLC | Reduced | -755.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -576.2k |
| VANGUARD GROUP INC | Reduced | -506.8k |
| SUMMIT WEALTH GROUP LLC / CO | Sold out | -393.9k |
| MORGAN STANLEY | Reduced | -343.8k |
Biggest calls
| UBS Group AG | Reduced | $85.5m7.5m shares |
| CITADEL ADVISORS LLC | Added | $1.0m90.2k shares |
| SIMPLEX TRADING, LLC | New | $194.7k17.2k shares |
| JANE STREET GROUP, LLC | New | $151.7k13.4k shares |
| GROUP ONE TRADING LLC | Reduced | $81.5k7.2k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Unchanged | $1.6m143.5k shares |
| CITADEL ADVISORS LLC | Added | $1.5m134.5k shares |
| GROUP ONE TRADING LLC | Added | $923.7k81.6k shares |
| Caption Management, LLC | Unchanged | $679.2k60.0k shares |
| JANE STREET GROUP, LLC | Added | $326.0k28.8k 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 Q4 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.
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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 2 | $358.6k | — |
| Q2 2024 | 1 | $884.3k | 1 | $46.5k | — |
| Q3 2024 | 1 | $1.2m | 0 | — | — |
| Q4 2024 | 1 | $573.7k | 1 | $235.1k | — |
| Q1 2025 | 2 | $841.7k | 0 | — | — |
| Q2 2025 | 3 | $1.5m | 0 | — | — |
| Q3 2025 | 1 | $100.8k | 0 | — | — |
| Q4 2025 | 1 | $108.5k | 1 | $563.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-15 | BORTZ JON E Chairman and CEO, director | Sold | $563.0k50.0k shares |
| 2025-11-19 | SCHALL MICHAEL J Director | Bought | $108.5k10.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 20.4m $231.2m | Added +65.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 17.4m $196.6m | Reduced -506.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.23% of their portfolio | 11.8m $133.3m | Added +5.3m |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 10.2m $114.9m | Added +206.0k |
| Alyeska Investment Group, L.P. 0.22% of their portfolio | 7.0m $78.8m | Added +695.3k |
| STATE STREET CORP 0.00% of their portfolio | 6.8m $76.9m | Reduced -169.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 6.2m $70.0m | Added +711.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.2m $59.2m | Reduced -3.1m |
| EARNEST PARTNERS LLC 0.23% of their portfolio | 4.8m $53.9m | Reduced -221.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.2m $36.0m | Reduced -576.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 3.2m $35.8m | Added +997.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $34.4m | Added +177.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.8m $31.8m | Reduced -1.9k |
| UBS Group AG 0.01% of their portfolio | 2.7m $30.8m | Added +993.3k |
| Legal & General Group Plc 0.01% of their portfolio | 2.6m $29.1m | Added +317.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.9m $21.6m | Added +142.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $19.4m | Reduced -343.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.7m $18.8m | Added +564.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.6m $18.2m | Added +12.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $16.6m | Reduced -39.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.4m $16.1m | Reduced -288.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.3m $15.2m | Added +4.3k |
| MetLife Investment Management, LLC 0.07% of their portfolio | 1.3m $15.0m | Added +1.3m |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.1m $11.9m | Reduced -93.2k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 1.0m $11.6m | Added +313.6k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 996.6k $11.3m | Added +870.3k |
| TORONTO DOMINION BANK 0.02% of their portfolio | 995.7k $11.3m | Reduced -10.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 978.0k $11.1m | Reduced -19.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 907.8k $10.3m | Reduced -163.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 905.5k $10.2m | Added +894.2k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 807.8k $9.1m | Reduced -768.4k |
| Invesco Ltd. 0.00% of their portfolio | 804.0k $9.1m | Added +131.3k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 1.99% of their portfolio | 789.7k $8.9m | Reduced -308.5k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 766.0k $8.7m | Added +12.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 765.8k $8.7m | Reduced -6.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 710.2k $8.0m | Reduced -20.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 701.9k $7.9m | Reduced -1.1m |
| Nuveen, LLC 0.00% of their portfolio | 687.6k $7.8m | Reduced -5.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 661.9k $7.5m | Added +497.9k |
| Man Group plc 0.01% of their portfolio | 624.3k $7.1m | Added +54.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 586.8k $6.6m | Reduced -59.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 573.8k $6.5m | Reduced -61.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 565.6k $6.4m | Reduced -39.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 561.3k $6.4m | Reduced -41.0k |
| Hudson Bay Capital Management LP 0.04% of their portfolio | 549.0k $6.2m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 541.6k $6.1m | Reduced -30.9k |
| Lighthouse Investment Partners, LLC 0.20% of their portfolio | 525.0k $5.9m | Added +300.0k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 515.4k $5.8m | Reduced -49.0k |
| Jefferies Financial Group Inc. 0.05% of their portfolio | 511.1k $5.8m | New |
| APG Asset Management US Inc. 0.04% of their portfolio | 494.2k $5.6m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 490.0k $5.5m | Added +34.5k |
| Brookfield Corp /ON/ 0.01% of their portfolio | 466.8k $5.3m | New |
| Voss Capital, LP 0.26% of their portfolio | 432.6k $4.9m | New |
| NATIXIS 0.02% of their portfolio | 419.6k $4.7m | Added +404.6k |
| LMR Partners LLP 0.04% of their portfolio | 413.2k $4.7m | Added +163.2k |
| Palogic Value Management, L.P. 1.94% of their portfolio | 400.0k $4.5m | Unchanged |
| Public Sector Pension Investment Board 0.01% of their portfolio | 393.1k $4.5m | Reduced -69.3k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 382.5k $4.3m | Added +223.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 366.1k $4.1m | Reduced -11.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 355.6k $4.0m | Reduced -65.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 314.6k $3.6m | Added +33.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 302.2k $3.4m | Reduced -34.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 294.6k $3.3m | Reduced -1.4k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 284.7k $3.2m | Reduced -21.5k |
| ZACKS INVESTMENT MANAGEMENT 0.03% of their portfolio | 281.5k $3.2m | New |
| Swiss National Bank 0.00% of their portfolio | 233.8k $2.6m | Added +3.7k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 224.0k $2.5m | Reduced -155.5k |
| BARCLAYS PLC 0.00% of their portfolio | 221.2k $2.5m | Reduced -755.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 179.0k $2.0m | Reduced -33.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 175.9k $2.0m | Reduced -1.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 172.9k $2.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 170.0k $1.9m | Added +26.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 167.6k $1.9m | Reduced -1.6k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 164.4k $1.9m | Reduced -8.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 161.6k $1.8m | Added +57.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 161.1k $1.8m | Reduced -10.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 158.5k $1.8m | Reduced -341.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 158.1k $1.8m | Reduced -189.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 153.2k $1.7m | Added +44.1k |
| Corient Private Wealth LP 0.00% of their portfolio | 153.2k $1.7m | Added +79.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 147.8k $1.7m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 142.7k $1.6m | Added +22.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 140.1k $1.6m | Added +3.2k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.07% of their portfolio | 137.1k $1.6m | Added +48.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 126.2k $1.4m | Reduced -4.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 121.9k $1.4m | Added +32.7k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio | 121.9k $1.4m | Reduced -7.7k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 121.7k $1.4m | Reduced -1.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 117.6k $1.3m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 116.5k $1.3m | Added +44.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 115.1k $1.3m | Added +53.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 114.1k $1.3m | Reduced -114.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 111.0k $1.3m | Reduced -104 |
| OP Asset Management Ltd 0.01% of their portfolio | 110.2k $1.2m | Added +90.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 107.3k $1.2m | Reduced -13.6k |
| Boston Partners 0.00% of their portfolio | 99.2k $1.1m | Reduced -1.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 95.3k $1.1m | Added +12.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 93.8k $1.1m | Added +6.3k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.02% of their portfolio | 90.0k $1.0m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 85.7k $970.0k | Reduced -268.4k |