Vault-13

PEBBLEBROOK HOTEL TR PEB 1.75 12.15.26

NOTE 1.750%12/1 · US DOMESTIC · CUSIP 70509VAA8

58 institutional holders +0 vs Q1 2024
25,610,00025.6m shares reported held*
$687.5mreported value*
3 new 15 added 18 reduced 3 sold out net sold ≈ $3.9m (-12.2m 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 ≈ $26.85.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 59Q4 22: 61Q1 23: 54Q2 23: 53Q3 23: 60Q4 23: 62Q1 24: 58Q2 24: 5858Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202259
Q4 202261
Q1 202354
Q2 202353
Q3 202360
Q4 202362
Q1 202458
Q2 202458

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 20 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 30 cut or sold outQ2 23: 15 bought or addedQ2 23: 26 cut or sold outQ2 23Q3 23: 27 bought or addedQ3 23: 16 cut or sold outQ4 23: 25 bought or addedQ4 23: 19 cut or sold outQ4 23Q1 24: 25 bought or addedQ1 24: 24 cut or sold outQ2 24: 18 bought or addedQ2 24: 21 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222026
Q1 20231830
Q2 20231526
Q3 20232716
Q4 20232519
Q1 20242524
Q2 20241821

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +6,527,000+6.5m
Linden Advisors LP Added +4,250,000+4.2m
Shaolin Capital Management LLC Added +3,500,000+3.5m
WELLS FARGO & COMPANY/MN Added +3,479,000+3.5m
LAZARD ASSET MANAGEMENT LLC Added +3,000,000+3.0m
Walleye Capital LLC Added +2,500,000+2.5m
MILLENNIUM MANAGEMENT LLC Added +2,000,000+2.0m
HighTower Advisors, LLC Added +1,653,000+1.7m
WOLVERINE ASSET MANAGEMENT LLC Added +1,200,000+1.2m
ROYAL BANK OF CANADA Added +1,180,000+1.2m

Biggest sellers

Nuveen Asset Management, LLC Reduced -10,250,000-10.2m
LORD, ABBETT & CO. LLC Sold out -10,060,000-10.1m
JPMORGAN CHASE & CO Reduced -7,016,000-7.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,500,000-2.5m
JANE STREET GROUP, LLC Reduced -1,390,000-1.4m
DigitalBridge Group, Inc. Sold out -940,000-940.0k
Thrivent Financial for Lutherans Reduced -840,000-840.0k
OAKTREE CAPITAL MANAGEMENT LP Reduced -822,000-822.0k
BARCLAYS PLC Reduced -684,000-684.0k
DEUTSCHE BANK AG\ Reduced -487,000-487.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.88% of their portfolio New York, NY 118,712,000118.7m $105.0m $105.0m 0.88% Added +4.2m +4,250,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio ATLANTA, GA 95,060,00095.1m $84.4m $84.4m 0.08% Unchanged
3 Shaolin Capital Management LLC 1.84% of their portfolio Miami, FL 67,500,00067.5m $59.8m $59.8m 1.84% Added +3.5m +3,500,000
4 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 61,950,00062.0m $55.0m $55.0m 0.07% Added +3.0m +3,000,000
5 CAMDEN ASSET MANAGEMENT L P /CA 1.39% of their portfolio Los Angeles, CA 52,263,00052.3m $46.1m $46.1m 1.39% Unchanged
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 37,432,00037.4m $33.2m $33.2m 0.00% Reduced -7.0m -7,016,000
7 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 35,000,00035.0m $31.1m $31.1m 0.01% Unchanged
8 Calamos Advisors LLC 0.15% of their portfolio NAPERVILLE, IL 34,103,00034.1m $30.2m $30.2m 0.15% Reduced -159.0k -159,000
9 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 32,783,00032.8m $28.9m $28.9m 0.03% Reduced -60.0k -60,000
10 Walleye Capital LLC 0.25% of their portfolio NEW YORK, NY 26,400,00026.4m $23.4m $23.4m 0.25% Added +2.5m +2,500,000
11 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 23,170,00023.2m $20.4m $20.4m 0.04% Reduced -840.0k -840,000
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,365,00016.4m $14.4m $14.4m 0.00% Added +6.5m +6,527,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,850,00015.8m $14.0m $14.0m 0.00% Reduced -400.0k -400,000
14 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 14,750,00014.8m $13.0m $13.0m 0.00% Reduced -10.2m -10,250,000
15 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 12,500,00012.5m $11.1m $11.1m 0.01% Added +2.0m +2,000,000
16 MacKay Shields LLC 0.33% of their portfolio New York, NY 12,332,00012.3m $10.9m $10.9m 0.33% Reduced -237.0k -237,000
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 11,750,00011.8m $10.4m $10.4m 0.02% Reduced -2.5m -2,500,000
18 BlueCrest Capital Management Ltd 1.72% of their portfolio ST HELIER, Y9 11,087,00011.1m $9.8m $9.8m 1.72% Unchanged
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,572,00010.6m $9.3m $9.3m 0.00% Added +1.2m +1,180,000
20 SSI INVESTMENT MANAGEMENT LLC 0.70% of their portfolio Los Angeles, CA 10,396,00010.4m $9.2m $9.2m 0.70% Reduced -121.0k -121,000
21 OAKTREE CAPITAL MANAGEMENT LP 0.14% of their portfolio LOS ANGELES, CA 9,174,0009.2m $8.1m $8.1m 0.14% Reduced -822.0k -822,000
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 7,188,0007.2m $6.4m $6.4m 0.00% Added +3.5m +3,479,000
23 BlackRock Inc. 0.00% of their portfolio New York, NY 6,710,0006.7m $5.9m $5.9m 0.00% Added +990.0k +990,000
24 ZAZOVE ASSOCIATES LLC 0.32% of their portfolio INCLINE VILLAGE, NV 6,260,0006.3m $5.5m $5.5m 0.32% Unchanged
25 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 5,900,0005.9m $5.2m $5.2m 0.00% Unchanged
26 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 5,450,0005.5m $4.8m $4.8m 0.09% Added +1.2m +1,200,000
27 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 5,134,0005.1m $4.5m $4.5m 0.01% Added +1.7m +1,653,000
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,102,0005.1m $4.5m $4.5m 0.00% Reduced -684.0k -684,000
29 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,250,0004.2m $3.8m $3.8m 0.00% Unchanged
30 Man Group plc 0.01% of their portfolio LONDON, X0 3,450,0003.5m $3.0m $3.0m 0.01% Reduced -400.0k -400,000
31 Fort Baker Capital Management LP 0.33% of their portfolio Larkspur, CA 3,190,0003.2m $2.8m $2.8m 0.33% Unchanged
32 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,177,0003.2m $2.8m $2.8m 0.00% Reduced -241.0k -241,000
33 AVIVA PLC 0.01% of their portfolio LONDON, X0 3,100,0003.1m $2.7m $2.7m 0.01% Added +230.0k +230,000
34 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,489,0002.5m $2.2m $2.2m 0.00% Reduced -487.0k -487,000
35 Liberty Mutual Group Asset Management Inc. 0.20% of their portfolio Boston, MA 1,575,0001.6m $1.4m $1.4m 0.20% Unchanged
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,324,0001.3m $1.2m $1.2m 0.00% Added +1.0m +1,004,000
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $443.4k $443.4k 0.00% Unchanged
38 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 458,000458.0k $405.0k $405.0k 0.02% Added +8.0k +8,000
39 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 300,000300.0k $264.8k $264.8k 0.00% New
40 Cutler Capital Management, LLC 0.10% of their portfolio WORCESTER, MA 300,000300.0k $264.8k $264.8k 0.10% New
41 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $266.0k $266.0k 0.00% Unchanged
42 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 290,000290.0k $255.9k $255.9k 0.03% Unchanged
43 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 266,000266.0k $236.1k $236.1k 0.00% Unchanged
44 ADVENT CAPITAL MANAGEMENT /DE/ 0.00% of their portfolio NEW YORK, NY 185,000185.0k $164.3k $164.3k 0.00% Unchanged
45 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 180,000180.0k $158.8k $158.8k 0.00% Added +74.0k +74,000
46 Amundi 0.00% of their portfolio Paris, I0 168,000168.0k $147.0k $147.0k 0.00% Unchanged
47 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 100,000100.0k $88.2k $88.2k 0.00% Reduced -2.0k -2,000
48 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 75,00075.0k $66.7k $66.7k 0.00% Reduced -1.4m -1,390,000
49 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 71,00071.0k $62.7k $62.7k 0.00% Reduced -45.0k -45,000
50 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 51,00051.0k $45.0k $45.0k 0.00% Unchanged
51 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 31,00031.0k $27.4k $27.4k 0.00% Unchanged
52 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 31,00031.0k $27.2k $27.2k 0.01% Reduced -1.0k -1,000
53 Oaktree Fund Advisors, LLC 0.01% of their portfolio LOS ANGLES, CA 16,00016.0k $14.2k $14.2k 0.01% Unchanged
54 BRIGHTON JONES LLC 0.00% of their portfolio SEATTLE, WA 10,00010.0k $8.8k $8.8k 0.00% Unchanged
55 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $8.8k $8.8k 0.00% Unchanged
56 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 10,00010.0k $8.7k $8.7k 0.00% New
57 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,0003.0k $2.6k $2.6k 0.00% Unchanged
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged