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 ($423.9k this quarter). Holder counts are more reliable. Shares outstanding: 153.3m as of 2024-10-31, 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 ≈ $10.22. Options: 3 managers hold calls ($2.4m notional), 3 hold puts ($7.1k).
Trends to Q4 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 |
| Q2 2024 | 204 |
| Q3 2024 | 205 |
| Q4 2024 | 209 |
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 2023 | 102 | 88 |
| Q2 2023 | 101 | 89 |
| Q3 2023 | 86 | 109 |
| Q4 2023 | 85 | 101 |
| Q1 2024 | 105 | 93 |
| Q2 2024 | 97 | 106 |
| Q3 2024 | 88 | 107 |
| Q4 2024 | 119 | 87 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $3.0m | $41.4k | 0.01 |
| Q2 2024 | $63.6k | $9.6k | 0.15 |
| Q3 2024 | $56.0k | $0 | 0.00 |
| Q4 2024 | $2.4m | $7.1k | 0.00 |
Biggest buyers
| UBS Group AG | Added | +2.4m |
| Heitman Real Estate Securities LLC | New | +2.1m |
| CITADEL ADVISORS LLC | Added | +1.2m |
| Woodline Partners LP | New | +951.4k |
| DONALD SMITH & CO., INC. | Added | +901.1k |
| AMERIPRISE FINANCIAL INC | Added | +885.1k |
| Invenomic Capital Management LP | New | +885.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +828.9k |
| PALISADE CAPITAL MANAGEMENT, LP | Added | +606.5k |
| Man Group plc | Added | +534.9k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -6.5m |
| GRS Advisors, LLC | Reduced | -2.0m |
| Balyasny Asset Management L.P. | Sold out | -1.9m |
| VANGUARD GROUP INC | Reduced | -860.9k |
| MORGAN STANLEY | Reduced | -421.8k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -326.9k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -304.6k |
| GUGGENHEIM CAPITAL LLC | Sold out | -265.3k |
| DigitalBridge Group, Inc. | Sold out | -263.8k |
| Qube Research & Technologies Ltd | Reduced | -261.7k |
Biggest calls
| GROUP ONE TRADING LLC | New | $1.5m150.5k shares |
| CITADEL ADVISORS LLC | Added | $829.1k81.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $6.1k600 shares |
| SIMPLEX TRADING, LLC | New | $1.0k100 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 Q4 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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $688.8k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 23.7m $242.1m | Reduced -860.9k |
| BlackRock, Inc. 0.00% of their portfolio | 21.9m $223.2m | Added +217.4k |
| STATE STREET CORP 0.00% of their portfolio | 7.7m $79.5m | Added +278.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 6.3m $64.8m | Added +292.2k |
| H/2 CREDIT MANAGER LP 16.45% of their portfolio | 6.3m $64.4m | Unchanged |
| DONALD SMITH & CO., INC. 1.41% of their portfolio | 5.8m $58.8m | Added +901.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.9m $39.4m | Reduced -67.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.8m $39.0m | Reduced -6.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.7m $37.7m | Added +98.7k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 3.3m $34.0m | Added +232.4k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 3.3m $33.2m | Added +3.1k |
| PALISADE CAPITAL MANAGEMENT, LP 0.83% of their portfolio | 3.1m $31.2m | Added +606.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 2.8m $28.8m | Added +828.9k |
| UBS Group AG 0.01% of their portfolio | 2.5m $25.3m | Added +2.4m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.4m $24.5m | Added +885.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.2m $22.5m | Added +52.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.2m $22.1m | Added +438.0k |
| Heitman Real Estate Securities LLC 1.36% of their portfolio | 2.1m $21.1m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 2.0m $20.8m | Added +163.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.7m $16.9m | Added +1.2m |
| GLENMEDE TRUST CO NA 0.08% of their portfolio | 1.5m $15.7m | Added +322.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.5m $15.4m | Reduced -6.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 1.5m $15.0m | Reduced -261.7k |
| ExodusPoint Capital Management, LP 0.14% of their portfolio | 1.4m $13.8m | Added +294.8k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 1.3m $13.7m | Reduced -237.2k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 1.3m $13.4m | Added +4.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $13.4m | Reduced -421.8k |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $12.8m | Added +400.3k |
| GRS Advisors, LLC 1.04% of their portfolio | 1.0m $10.6m | Reduced -2.0m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 985.9k $10.1m | Added +215.5k |
| Woodline Partners LP 0.07% of their portfolio | 951.4k $9.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 890.5k $9.1m | Added +48.7k |
| Invenomic Capital Management LP 0.51% of their portfolio | 885.0k $9.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 882.6k $9.0m | Added +356.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 829.3k $8.5m | Added +14.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 806.5k $8.2m | Reduced -90.6k |
| Legal & General Group Plc 0.00% of their portfolio | 785.0k $8.0m | Reduced -78.1k |
| Man Group plc 0.02% of their portfolio | 712.9k $7.3m | Added +534.9k |
| Lighthouse Investment Partners, LLC 0.27% of their portfolio | 680.0k $6.9m | Added +30.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 586.6k $6.0m | Reduced -3.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 546.8k $5.6m | Reduced -326.9k |
| NORGES BANK 0.00% of their portfolio | 531.4k $5.4m | Reduced -152.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 526.9k $5.4m | Reduced -77.0k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 488.4k $5.0m | Added +248.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 479.5k $4.9m | Added +53.3k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 460.4k $4.7m | Added +326.2k |
| Alexander Randolph Advisory, Inc. 4.22% of their portfolio | 445.4k $4.5m | Reduced -10.2k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 428.4k $4.4m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 388.0k $4.0m | Added +209.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 381.7k $3.9m | Reduced -1.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 374.5k $3.8m | Reduced -15.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 360.2k $3.7m | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 332.4k $3.4m | Added +60.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 331.8k $3.4m | Added +231.1k |
| Swiss National Bank 0.00% of their portfolio | 304.4k $3.1m | Unchanged |
| Masterton Capital Management, LP 1.74% of their portfolio | 301.3k $3.1m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 282.8k $2.9m | Added +1.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 266.9k $2.7m | Added +230 |
| CITIGROUP INC 0.00% of their portfolio | 263.5k $2.7m | Added +133.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 225.8k $2.3m | Added +20.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 221.2k $2.3m | Added +10.4k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 220.6k $2.2m | Reduced -5.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 203.1k $2.1m | Added +10.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 201.6k $2.1m | Added +42.1k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 201.3k $2.1m | Added +14.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 200.4k $2.0m | Added +14.0k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 190.1k $1.9m | Reduced -304.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 174.2k $1.8m | Added +22.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 162.0k $1.7m | Reduced -4.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 161.8k $1.7m | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 161.1k $1.6m | Added +95.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 144.8k $1.5m | Reduced -2.5k |
| Vestcor Inc 0.05% of their portfolio | 141.3k $1.4m | Added +11.9k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 140.9k $1.4m | Added +3.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 123.3k $1.3m | Added +90.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 122.6k $1.3m | Reduced -146.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 115.2k $1.2m | Added +10.4k |
| Engineers Gate Manager LP 0.02% of their portfolio | 114.5k $1.2m | Reduced -11.8k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 107.7k $1.1m | Added +20.6k |
| Penserra Capital Management LLC 0.02% of their portfolio | 107.5k $1.1m | Added +95.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 105.1k $1.1m | Added +19.6k |
| New Age Alpha Advisors, LLC 0.04% of their portfolio | 101.7k $1.0m | New |
| Ilmarinen Mutual Pension Insurance Co 0.01% of their portfolio | 100.0k $1.0m | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 98.4k $981.7k | Unchanged |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 97.4k $994.5k | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 96.5k $985.6k | Added +36.7k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 96.1k $981.2k | Added +9.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 86.7k $885.0k | Added +2.9k |
| Amundi 0.00% of their portfolio | 80.9k $783.0k | Reduced -312 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 79.9k $815.6k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 75.8k $773.7k | Reduced -5.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 75.3k $768.9k | Reduced -1.6k |
| Kiker Wealth Management, LLC 0.62% of their portfolio | 74.5k $760.9k | First filing |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 73.0k $744.0k | Added +713 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 71.2k $726.7k | Unchanged |
| Pensionfund PDN 0.44% of their portfolio | 69.2k $707.0k | Reduced -17.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 63.5k $648.0k | Added +19.3k |
| Vert Asset Management LLC 0.21% of their portfolio | 60.7k $620.0k | Added +12.7k |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 60.0k $608.9k | Added +56 |
| Cerity Partners LLC 0.00% of their portfolio | 55.9k $557.2k | Added +575 |