RLJ LODGING TR RLJ
COM · REIT · CUSIP 74965L101
- 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 ($189.7k this quarter). Holder counts are more reliable. Shares outstanding: 155.9m as of 2024-04-25, 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 ≈ $11.82. Options: 5 managers hold calls ($3.0m notional), 2 hold puts ($41.4k).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 197 |
| Q4 2022 | 196 |
| Q1 2023 | 190 |
| Q2 2023 | 199 |
| Q3 2023 | 193 |
| Q4 2023 | 200 |
| Q1 2024 | 206 |
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 | 86 | 104 |
| Q1 2023 | 102 | 88 |
| Q2 2023 | 101 | 89 |
| Q3 2023 | 86 | 109 |
| Q4 2023 | 85 | 101 |
| Q1 2024 | 105 | 93 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.7m | $111.1k | 0.06 |
| Q3 2023 | $43.1k | $979 | 0.02 |
| Q4 2023 | $2.9m | $11.7k | 0.00 |
| Q1 2024 | $3.0m | $41.4k | 0.01 |
Biggest buyers
| GRS Advisors, LLC | New | +2.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.3m |
| Qube Research & Technologies Ltd | Added | +1.2m |
| MORGAN STANLEY | Added | +1.1m |
| Brookfield Corp /ON/ | New | +821.2k |
| Lighthouse Investment Partners, LLC | New | +570.0k |
| FRANKLIN RESOURCES INC | Added | +488.2k |
| MARSHALL WACE, LLP | New | +475.9k |
| VANGUARD GROUP INC | Added | +420.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +358.4k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.2m |
| CITADEL ADVISORS LLC | Reduced | -1.4m |
| Sumitomo Mitsui DS Asset Management Company, Ltd | Reduced | -1.2m |
| STATE STREET CORP | Reduced | -849.1k |
| BlackRock Inc. | Reduced | -791.7k |
| FMR LLC | Reduced | -500.9k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -268.5k |
| ARMISTICE CAPITAL, LLC | Sold out | -250.0k |
| ExodusPoint Capital Management, LP | Sold out | -209.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -200.0k |
Biggest calls
| JANE STREET GROUP, LLC | Unchanged | $2.1m176.9k shares |
| GROUP ONE TRADING LLC | Added | $619.4k52.4k shares |
| CITADEL ADVISORS LLC | Added | $249.4k21.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $15.0k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $41.4k3.5k 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 -1.3 pts · filed 2026-04-24 | 9.1% |
| DONALD SMITH & CO., INC. 13G · institution -1.8 pts · filed 2026-08-11 | 8.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.1% |
| H/2 CREDIT MANAGER LP 13G · institution new · filed 2026-02-17 | 6.3% |
Fell to 5% or below in the last year: RM Trading of Florida LLC (2.6%, 2026-05-08), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2024
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 |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 1 | $52.4k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $688.8k | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 25.2m $298.3m | Added +420.4k |
| BlackRock Inc. 0.01% of their portfolio | 21.6m $255.7m | Reduced -791.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 10.1m $119.4m | Reduced -88.5k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 8.1m $95.7m | Added +1.3m |
| STATE STREET CORP 0.00% of their portfolio | 7.1m $85.1m | Reduced -849.1k |
| H/2 CREDIT MANAGER LP 19.10% of their portfolio | 6.3m $74.5m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 4.4m $51.5m | Added +304.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.8m $44.6m | Added +76.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.4m $39.9m | Added +12.8k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 3.1m $37.2m | Reduced -35.6k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 3.1m $36.1m | Reduced -4.3k |
| MORGAN STANLEY 0.00% of their portfolio | 3.0m $35.9m | Added +1.1m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.8m $33.3m | Reduced -104.5k |
| PALISADE CAPITAL MANAGEMENT, LP 0.83% of their portfolio | 2.7m $31.4m | Added +41.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.3m $26.9m | Added +68.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 2.2m $26.1m | Reduced -168.8k |
| GRS Advisors, LLC 3.39% of their portfolio | 2.1m $25.3m | New |
| FMR LLC 0.00% of their portfolio | 2.0m $23.3m | Reduced -500.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $20.6m | Reduced -82.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 1.6m $18.4m | Added +232.1k |
| LSV ASSET MANAGEMENT 0.04% of their portfolio | 1.5m $18.3m | Added +83.5k |
| DONALD SMITH & CO., INC. 0.39% of their portfolio | 1.4m $16.9m | Added +272.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 1.4m $16.6m | Reduced -63.9k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 1.3m $15.9m | Added +27.7k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 1.3m $15.6m | Added +1.2m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 1.2m $14.8m | Reduced -200.0k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 1.2m $14.4m | Added +84.4k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 1.2m $13.7m | Added +62.5k |
| Legal & General Group Plc 0.00% of their portfolio | 1.2m $13.6m | Reduced -29.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 982.3k $11.6m | Reduced -3.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 928.9k $11.0m | Reduced -68.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 901.9k $10.7m | Reduced -268.5k |
| NORGES BANK 0.00% of their portfolio | 895.5k $10.6m | Reduced -128.1k |
| Brookfield Corp /ON/ 0.06% of their portfolio | 821.2k $9.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 794.0k $9.4m | Added +1.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 733.6k $8.7m | Reduced -17.2k |
| Invesco Ltd. 0.00% of their portfolio | 732.8k $8.7m | Added +62.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 704.6k $8.3m | Added +45.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 694.2k $8.2m | Added +358.4k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 654.9k $7.7m | Reduced -34.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 602.5k $7.1m | Added +488.2k |
| Lighthouse Investment Partners, LLC 0.40% of their portfolio | 570.0k $6.7m | New |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 523.8k $6.2m | Added +169.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 475.9k $5.6m | New |
| Alexander Randolph Advisory, Inc. 4.75% of their portfolio | 459.1k $5.4m | Reduced -30 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 399.9k $4.7m | Reduced -12.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 384.6k $4.5m | Reduced -12.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 382.4k $4.5m | Reduced -2.2m |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 328.3k $3.9m | Added +259.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 318.2k $3.8m | Added +8.1k |
| Swiss National Bank 0.00% of their portfolio | 307.8k $3.6m | Reduced -2.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 295.6k $3.5m | Reduced -8.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 277.7k $3.3m | Reduced -39.3k |
| Man Group plc 0.01% of their portfolio | 248.1k $2.9m | Reduced -138.6k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 237.2k $2.8m | Reduced -1.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 232.2k $2.7m | Added +49.6k |
| UBS Group AG 0.00% of their portfolio | 231.8k $2.7m | Reduced -47.5k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 230.8k $2.7m | Reduced -13.5k |
| ALGERT GLOBAL LLC 0.11% of their portfolio | 229.2k $2.7m | Reduced -6.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 209.9k $2.5m | Added +12.2k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 202.4k $2.4m | Reduced -49.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 200.6k $2.4m | Added +92.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 192.2k $2.3m | Added +24.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 184.0k $2.2m | Added +3.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 181.1k $2.1m | Added +56.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 176.1k $2.1m | Reduced -2.2k |
| Brevan Howard Capital Management LP 0.19% of their portfolio | 174.7k $2.1m | Added +155.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 168.2k $2.0m | Added +55.9k |
| BARCLAYS PLC 0.00% of their portfolio | 159.3k $1.9m | Reduced -116.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 155.6k $1.8m | Reduced -10.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 148.3k $1.8m | Added +46.4k |
| CastleKnight Management LP 0.24% of their portfolio | 135.4k $1.6m | Reduced -173.0k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 132.9k $1.6m | Added +68.4k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 129.1k $1.5m | Added +2.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 128.6k $1.5m | Added +47.5k |
| Y-Intercept (Hong Kong) Ltd 0.11% of their portfolio | 125.9k $1.5m | Added +76.1k |
| SG Americas Securities, LLC 0.01% of their portfolio | 125.1k $1.5m | Added +68.0k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 115.0k $1.4m | Added +138 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 107.1k $1.3m | Added +2.1k |
| Vestcor Inc 0.04% of their portfolio | 103.4k $1.2m | Added +23.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 100.6k $1.2m | Added +26.6k |
| Ilmarinen Mutual Pension Insurance Co 0.01% of their portfolio | 100.0k $1.2m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 98.9k $1.2m | Added +78.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 98.4k $1.2m | Unchanged |
| CAXTON ASSOCIATES LP 0.07% of their portfolio | 93.4k $1.1m | Added +71.5k |
| Ziegler Capital Management, LLC 0.04% of their portfolio | 90.0k $1.1m | Added +6.0k |
| Amundi 0.00% of their portfolio | 88.6k $966.4k | Reduced -9.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 87.8k $1.0m | Added +24.3k |
| MQS Management LLC 0.59% of their portfolio | 87.3k $1.0m | Added +30.0k |
| Boston Partners 0.00% of their portfolio | 86.7k $1.0m | New |
| Pensionfund PDN 0.55% of their portfolio | 86.2k $1.0m | Added +10.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 84.0k $993.5k | Added +7.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 84.0k $992.5k | Reduced -168.3k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 79.9k $944.2k | Reduced -4.0k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 78.5k $927.5k | Reduced -3.6k |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 78.1k $923.0k | Added +46.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 75.6k $893.8k | Reduced -1.4k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 74.2k $735.3k | Added +551 |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 72.6k $857.0k | Reduced -266 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 72.0k $851.4k | Added +3 |