Vault-13

RLJ LODGING TR RLJ 1.95 PERP A

CUM CONV PFD A · PUBLIC · CUSIP 74965L200

57 institutional holders +2 vs Q1 2026
5,578,2645.6m shares reported held*
$133.8mreported value*
8 new 14 added 19 reduced 5 sold out net sold ≈ $527.1k (+101.1k 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 ≈ $23.99.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 54Q4 22: 55Q1 23: 50Q2 23: 52Q3 23: 52Q4 23: 54Q1 24: 51Q2 24: 50Q3 24: 53Q4 24: 61Q1 25: 62Q2 25: 59Q3 25: 64Q4 25: 58Q1 26: 55Q2 26: 5757Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202254
Q4 202255
Q1 202350
Q2 202352
Q3 202352
Q4 202354
Q1 202451
Q2 202450
Q3 202453
Q4 202461
Q1 202562
Q2 202559
Q3 202564
Q4 202558
Q1 202655
Q2 202657

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 25 bought or addedQ3 24: 13 cut or sold outQ4 24: 26 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 23 bought or addedQ1 25: 28 cut or sold outQ2 25: 22 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 25 bought or addedQ3 25: 19 cut or sold outQ4 25: 21 bought or addedQ4 25: 30 cut or sold outQ4 25Q1 26: 21 bought or addedQ1 26: 28 cut or sold outQ2 26: 22 bought or addedQ2 26: 24 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242513
Q4 20242627
Q1 20252328
Q2 20252221
Q3 20252519
Q4 20252130
Q1 20262128
Q2 20262224

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +128,125+128.1k
INFRASTRUCTURE CAPITAL ADVISORS, LLC Added +116,055+116.1k
JANE STREET GROUP, LLC Added +45,448+45.4k
Adams Asset Advisors, LLC Added +38,669+38.7k
Cambridge Investment Research Advisors, Inc. Added +26,522+26.5k
Meadowbrook Wealth Management, LLC New +23,360+23.4k
HRT FINANCIAL LP New +17,474+17.5k
MANUFACTURERS LIFE INSURANCE COMPANY, THE New +10,528+10.5k
LDR Capital Management LLC Added +9,393+9.4k
Sanctuary Advisors, LLC New +8,761+8.8k

Biggest sellers

FIRST TRUST ADVISORS LP Sold out -120,408-120.4k
BlackRock, Inc. Reduced -89,224-89.2k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduced -40,166-40.2k
Uniplan Investment Counsel, Inc. Sold out -32,025-32.0k
VAN ECK ASSOCIATES CORP Reduced -24,904-24.9k
Mariner, LLC Sold out -21,190-21.2k
ZAZOVE ASSOCIATES LLC Reduced -7,723-7.7k
WELLS FARGO & COMPANY/MN Reduced -4,842-4.8k
Koshinski Asset Management, Inc. Reduced -4,641-4.6k
Advisory Services Network, LLC Sold out -2,000-2.0k

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.

HolderStakeChangeShares Last filed
INFRASTRUCTURE CAPITAL ADVISORS, LLC 13G · institution +0.9 pts · filed 2026-08-14 15.8% +0.9 pts 2.0m≈ $48.7m 2026-08-14

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 INFRASTRUCTURE CAPITAL ADVISORS, LLC 3.89% of their portfolio New York, NY 2,032,8232.0m $49.8m $49.8m 3.89% Added +116.1k +116,055
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 801,169801.2k $19.6m $19.6m 0.00% Reduced -89.2k -89,224
3 WESTWOOD HOLDINGS GROUP INC 0.07% of their portfolio DALLAS, TX 375,000375.0k $9.2m $9.2m 0.07% Unchanged
4 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 322,202322.2k $7.9m $7.9m 0.00% Reduced -24.9k -24,904
5 LDR Capital Management LLC 8.41% of their portfolio New York, NY 297,161297.2k $7.3m $7.3m 8.41% Added +9.4k +9,393
6 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 248,289248.3k $6.1m $6.1m 0.01% Unchanged
7 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 223,688223.7k $5.5m $5.5m 0.01% Reduced -40.2k -40,166
8 Adams Asset Advisors, LLC 0.48% of their portfolio DALLAS, TX 173,571173.6k $4.3m $4.3m 0.48% Added +38.7k +38,669
9 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 128,125128.1k $125.7k $125.7k 0.00% New
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 117,939117.9k $2.9m $2.9m 0.00% Added +4.5k +4,492
11 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 71,54671.5k $1.8m $1.8m 0.01% Added +1.6k +1,578
12 Edgemoor Investment Advisors, Inc. 0.11% of their portfolio BETHESDA, MD 64,75864.8k $1.6m $1.6m 0.11% Reduced -1.4k -1,445
13 FMR LLC 0.00% of their portfolio BOSTON, MA 64,03564.0k $1.6m $1.6m 0.00% Unchanged
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 56,75256.8k $1.4m $1.4m 0.00% Added +45.4k +45,448
15 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 47,92047.9k $1.2m $1.2m 0.00% Added +26.5k +26,522
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 46,48946.5k $1.1m $1.1m 0.00% Reduced -4.8k -4,842
17 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 40,91140.9k $1.0m $1.0m 0.01% Unchanged
18 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 32,39632.4k $794.4k $794.4k 0.00% Reduced -75 -75
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,20631.2k $765.2k $765.2k 0.00% Reduced -164 -164
20 Brookfield Corp /ON/ 0.00% of their portfolio TORONTO, A6 31,18331.2k $764.6k $764.6k 0.00% Reduced -1.1k -1,134
21 Sound Income Strategies, LLC 0.03% of their portfolio FT LAUDERDALE, FL 27,43827.4k $672.8k $672.8k 0.03% Reduced -1.2k -1,197
22 Meadowbrook Wealth Management, LLC 0.62% of their portfolio GARDEN CITY, NY 23,36023.4k $577.9k $577.9k 0.62% New
23 Koshinski Asset Management, Inc. 0.03% of their portfolio DECATUR, IL 22,57322.6k $553.5k $553.5k 0.03% Reduced -4.6k -4,641
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 22,52022.5k $552.2k $552.2k 0.00% Reduced -205 -205
25 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 21,50721.5k $527.4k $527.4k 0.00% Added +1.0k +1,000
26 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 20,76820.8k $509.0k $509.0k 0.00% Reduced -1.2k -1,200
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 20,70920.7k $507.8k $507.8k 0.00% Reduced -599 -599
28 Marex Group Ltd 0.00% of their portfolio London, X0 18,52918.5k $454.3k $454.3k 0.00% Added +6.0k +6,035
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 17,97218.0k $440.7k $440.7k 0.00% Added +208 +208
30 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 17,47417.5k $428.0k $428.0k 0.00% New
31 A. D. Beadell Investment Counsel, Inc. 0.27% of their portfolio MEQUON, WI 17,32517.3k $424.0k $424.0k 0.27% Added +4.7k +4,725
32 ASPIRIANT, LLC 0.01% of their portfolio San Francisco, CA 13,98014.0k $342.8k $342.8k 0.01% Unchanged
33 Zhang Financial LLC 0.01% of their portfolio PORTAGE, MI 13,69713.7k $335.9k $335.9k 0.01% Added +260 +260
34 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,98413.0k $325.0k $325.0k 0.00% Unchanged
35 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 11,31011.3k $277.3k $277.3k 0.01% Added +90 +90
36 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 10,80910.8k $265.9k $265.9k 0.02% Reduced -7.7k -7,723
37 Diligent Investors, LLC 0.06% of their portfolio REDLANDS, CA 10,75610.8k $263.7k $263.7k 0.06% Reduced -89 -89
38 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 10,52810.5k $258.1k $258.1k 0.00% New
39 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 8,7618.8k $214.8k $214.8k 0.00% New
40 Magnus Financial Group LLC 0.02% of their portfolio NEW YORK, NY 8,7008.7k $213.3k $213.3k 0.02% New
41 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 8,4008.4k $209.8k $209.8k 0.00% Reduced -50 -50
42 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 6,4596.5k $158.4k $158.4k 0.00% Reduced -130 -130
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,6715.7k $139.1k $139.1k 0.00% Reduced -221 -221
44 Daytona Street Capital LLC 0.07% of their portfolio SAINT LOUIS, MO 3,8003.8k $95.2k $95.2k 0.07% New
45 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,8162.8k $69.0k $69.0k 0.00% Unchanged
46 CALDWELL SUTTER CAPITAL, INC. 0.02% of their portfolio SAUSALITO, CA 2,6002.6k $63.8k $63.8k 0.02% Unchanged
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $49.0k $49.0k 0.00% Unchanged
48 H/2 CREDIT MANAGER LP 0.01% of their portfolio STAMFORD, CT 2,0002.0k $49.0k $49.0k 0.01% Unchanged
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,4091.4k $35.0k $35.0k 0.00% Added +374 +374
50 Jackson, Grant Investment Advisers, Inc. 0.01% of their portfolio STAMFORD, CT 1,3581.4k $33.3k $33.3k 0.01% Unchanged
51 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 1,3501.4k $33.4k $33.4k 0.00% Unchanged
52 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 994994 $24.4k $24.4k 0.00% Reduced -838 -838
53 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 750750 $18.4k $18.4k 0.00% Unchanged
54 EVOLUTION WEALTH MANAGEMENT INC. 0.01% of their portfolio FORT MYERS, FL 500500 $12.3k $12.3k 0.01% Unchanged
55 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 400400 $9.8k $9.8k 0.00% New
56 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 300300 $7.4k $7.4k 0.00% Unchanged
57 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 33 $74 $74 0.00% Unchanged