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 ($1.0m this quarter). Holder counts are more reliable. Shares outstanding: 152.4m as of 2026-07-31, 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 ≈ $11.85. Options: 4 managers hold calls ($1.0m notional), 0 hold puts (—).
Trends to Q2 2026
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 |
| Q1 2025 | 225 |
| Q2 2025 | 214 |
| Q3 2025 | 216 |
| Q4 2025 | 196 |
| Q1 2026 | 206 |
| Q2 2026 | 223 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 88 | 107 |
| Q4 2024 | 119 | 87 |
| Q1 2025 | 107 | 100 |
| Q2 2025 | 109 | 117 |
| Q3 2025 | 108 | 96 |
| Q4 2025 | 74 | 134 |
| Q1 2026 | 95 | 93 |
| Q2 2026 | 113 | 94 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $8.0k | $0 | 0.00 |
| Q4 2025 | $2.2k | $0 | 0.00 |
| Q1 2026 | $3.7k | $0 | 0.00 |
| Q2 2026 | $1.0m | $0 | 0.00 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +3.8m |
| MILLENNIUM MANAGEMENT LLC | Added | +3.4m |
| BlackRock, Inc. | Added | +3.0m |
| Nuveen, LLC | Added | +1.7m |
| ACADIAN ASSET MANAGEMENT LLC | New | +1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +802.5k |
| MORGAN STANLEY | Added | +765.0k |
| GOLDMAN SACHS GROUP INC | Added | +626.0k |
| ALGERT GLOBAL LLC | New | +614.5k |
| CITADEL ADVISORS LLC | Added | +484.7k |
Biggest sellers
| DONALD SMITH & CO., INC. | Reduced | -2.7m |
| PALISADE CAPITAL MANAGEMENT, LP | Reduced | -1.3m |
| UBS Group AG | Reduced | -1.1m |
| Hudson Bay Capital Management LP | Sold out | -981.1k |
| Man Group plc | Sold out | -522.7k |
| CastleKnight Management LP | Reduced | -412.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Reduced | -396.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -354.2k |
| Invesco Ltd. | Reduced | -291.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -282.6k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $398.2k33.6k shares |
| JANE STREET GROUP, LLC | New | $299.8k25.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $265.4k22.4k shares |
| GROUP ONE TRADING LLC | New | $65.2k5.5k shares |
Biggest puts
| None |
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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $174.1k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $100.7k | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 19.0m $224.8m | Added +3.0m |
| DONALD SMITH & CO., INC. 2.58% of their portfolio | 12.3m $145.9m | Reduced -2.7m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 12.3m $145.2m | Added +37.5k |
| H/2 CREDIT MANAGER LP 21.58% of their portfolio | 9.6m $113.6m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.2m $73.5m | Added +277.8k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 6.1m $71.8m | Added +3.8m |
| STATE STREET CORP 0.00% of their portfolio | 6.1m $72.5m | Reduced -77.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.9m $46.3m | Added +197.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.7m $44.0m | Reduced -70.5k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 3.6m $42.6m | Added +157.8k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 3.5m $41.7m | Added +3.4m |
| Fisher Asset Management, LLC 0.01% of their portfolio | 3.2m $38.1m | Reduced -72.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 3.0m $35.4m | Reduced -396.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 2.9m $34.3m | Added +802.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.8m $33.3m | Added +626.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.6m $31.2m | Added +272.8k |
| Nuveen, LLC 0.01% of their portfolio | 2.4m $28.4m | Added +1.7m |
| LSV ASSET MANAGEMENT 0.05% of their portfolio | 2.2m $26.6m | Added +82.7k |
| AEGIS FINANCIAL CORP 3.84% of their portfolio | 2.0m $24.3m | Added +50.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.7m $20.6m | Added +232.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $20.2m | Added +765.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $19.7m | Added +62.4k |
| UBS Group AG 0.00% of their portfolio | 1.6m $19.4m | Reduced -1.1m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.5m $18.0m | Added +484.7k |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $15.7m | Reduced -291.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 1.3m $15.0m | New |
| PALISADE CAPITAL MANAGEMENT, LP 0.59% of their portfolio | 1.1m $13.4m | Reduced -1.3m |
| GLENMEDE TRUST CO NA 0.06% of their portfolio | 1.1m $13.3m | Reduced -41.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $12.4m | Reduced -354.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 1.0m $12.3m | Added +10.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 969.3k $11.5m | Added +16.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 786.4k $9.3m | Reduced -63.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 784.8k $9.3m | Reduced -35.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 763.3k $9.0m | Reduced -19.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 724.3k $8.6m | Added +125.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 670.1k $7.9m | Added +82.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 631.4k $7.5m | Added +71.2k |
| ALGERT GLOBAL LLC 0.09% of their portfolio | 614.5k $7.3m | New |
| Legal & General Group Plc 0.00% of their portfolio | 547.7k $6.5m | Reduced -29.4k |
| CastleKnight Management LP 0.23% of their portfolio | 537.8k $6.4m | Reduced -412.0k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 464.9k $5.5m | Added +329.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 461.4k $5.5m | Added +60.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 449.2k $5.3m | Added +129.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 411.1k $4.9m | Added +236.5k |
| NORGES BANK 0.00% of their portfolio | 380.1k $4.5m | Not comparable |
| SEI INVESTMENTS CO 0.00% of their portfolio | 302.9k $3.6m | Added +51.7k |
| CITIGROUP INC 0.00% of their portfolio | 286.5k $3.4m | Added +117.1k |
| Alexander Randolph Advisory, Inc. 2.68% of their portfolio | 274.5k $3.3m | Reduced -132.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 267.7k $3.2m | Added +18.7k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 265.4k $3.1m | Added +27.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 259.5k $3.1m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 249.7k $3.0m | Added +31.8k |
| MARTINGALE ASSET MANAGEMENT L P 0.07% of their portfolio | 247.2k $2.9m | Added +123.6k |
| Swiss National Bank 0.00% of their portfolio | 244.0k $2.9m | Reduced -24.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 239.1k $2.8m | Added +9.1k |
| PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio | 230.8k $2.7m | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 211.9k $2.5m | Added +192.0k |
| Penn Capital Management Company, LLC 0.16% of their portfolio | 205.2k $2.4m | Reduced -9.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 203.2k $2.4m | Added +74.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 201.0k $2.4m | New |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 200.7k $2.4m | Reduced -3.5k |
| DENALI ADVISORS LLC 0.24% of their portfolio | 198.9k $2.4m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 194.1k $2.3m | Reduced -1.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 172.5k $1.3m | Added +11.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 169.9k $2.0m | Added +38.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 166.1k $2.0m | Reduced -1.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 160.5k $1.9m | Added +95.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 158.3k $1.9m | Reduced -3.6k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 153.9k $1.8m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 147.6k $1.7m | Reduced -166.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 145.8k $1.7m | Reduced -2.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 143.2k $1.7m | Added +7.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 138.4k $1.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 136.4k $1.6m | Added +34.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 130.3k $1.5m | Added +9.9k |
| Penserra Capital Management LLC 0.01% of their portfolio | 128.4k $1.5m | Reduced -28.0k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 116.8k $1.4m | Unchanged |
| READYSTATE ASSET MANAGEMENT LP 0.06% of their portfolio | 116.2k $1.4m | New |
| Jain Global LLC 0.01% of their portfolio | 106.6k $1.3m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 103.8k $1.2m | Reduced -5.1k |
| CAXTON ASSOCIATES LLP 0.02% of their portfolio | 102.1k $1.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 92.7k $1.1m | Reduced -59.1k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 91.2k $1.1m | Added +35.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 89.2k $1.1m | Reduced -7.0k |
| Jackson Creek Investment Advisors LLC 0.36% of their portfolio | 88.6k $1.1m | New |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 87.8k $1.0m | Reduced -45.4k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 87.4k $1.0m | Added +19.8k |
| Abel Hall, LLC 0.18% of their portfolio | 85.7k $1.0m | Added +25.1k |
| Engineers Gate Manager LP 0.01% of their portfolio | 80.6k $954.8k | Added +39.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 77.9k $923.0k | Added +76.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 77.9k $923.0k | Added +3.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 77.2k $915.0k | Added +8.1k |
| Amundi 0.00% of their portfolio | 72.8k $862.8k | Reduced -11.9k |
| VIRTUS ADVISERS, LLC 0.33% of their portfolio | 71.8k $850.3k | New |
| Pensionfund PDN 0.42% of their portfolio | 69.2k $820.0k | Unchanged |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 69.0k $815.0k | Added +1.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 68.4k $810.2k | Reduced -79.0k |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 66.3k $784.7k | Reduced -539 |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 66.0k $790.5k | Reduced -19.0k |
| Cerity Partners LLC 0.00% of their portfolio | 65.3k $773.9k | Added +9.5k |