Vault-13

RLJ LODGING TR RLJ 1.95 PERP A

CUM CONV PFD A · PUBLIC · CUSIP 74965L200

51 institutional holders -3 vs Q4 2023
5,073,3125.1m shares reported held*
$124.0mreported value*
5 new 17 added 13 reduced 8 sold out net sold ≈ $15.8m (-644.8k 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 ≈ $24.44.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 54Q4 22: 55Q1 23: 50Q2 23: 52Q3 23: 52Q4 23: 54Q1 24: 5151Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202254
Q4 202255
Q1 202350
Q2 202352
Q3 202352
Q4 202354
Q1 202451

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 24 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 26 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 18 bought or addedQ2 23: 22 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 22 cut or sold outQ3 23Q4 23: 25 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 22 bought or addedQ1 24: 21 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222419
Q1 20232621
Q2 20231822
Q3 20232222
Q4 20232520
Q1 20242221

Biggest buyers

INFRASTRUCTURE CAPITAL ADVISORS, LLC Added +94,842+94.8k
VAN ECK ASSOCIATES CORP Added +48,758+48.8k
BlackRock Inc. Added +40,720+40.7k
MORGAN STANLEY Added +33,120+33.1k
Marex Group Ltd New +16,823+16.8k
AMERICAN CENTURY COMPANIES INC Added +12,812+12.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +11,550+11.6k
D.A. DAVIDSON & CO. Added +9,852+9.9k
ZAZOVE ASSOCIATES LLC Added +9,266+9.3k
RAYMOND JAMES & ASSOCIATES Added +9,055+9.1k

Biggest sellers

H/2 CREDIT MANAGER LP Reduced -521,881-521.9k
Coulter & Justus Financial Services, LLC Sold out -215,547-215.5k
Western Standard LLC Sold out -58,628-58.6k
Mirae Asset Global Investments Co., Ltd. Reduced -32,808-32.8k
Diligent Investors, LLC Sold out -18,249-18.2k
FIRST TRUST ADVISORS LP Reduced -15,062-15.1k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -14,843-14.8k
SHIKIAR ASSET MANAGEMENT INC Sold out -14,150-14.2k
Koshinski Asset Management, Inc. Reduced -11,115-11.1k
HighTower Advisors, LLC Sold out -10,040-10.0k

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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 1,228,2771.2m $30.1m $30.1m 0.00% Added +40.7k +40,720
2 INFRASTRUCTURE CAPITAL ADVISORS, LLC 3.38% of their portfolio New York, NY 1,033,7241.0m $25.7m $25.7m 3.38% Added +94.8k +94,842
3 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 457,249457.2k $11.2m $11.2m 0.02% Added +48.8k +48,758
4 WESTWOOD HOLDINGS GROUP INC 0.07% of their portfolio DALLAS, TX 375,000375.0k $9.2m $9.2m 0.07% Unchanged
5 LDR Capital Management LLC 4.82% of their portfolio New York, NY 292,210292.2k $7.2m $7.2m 4.82% Added +451 +451
6 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 278,454278.5k $6.8m $6.8m 0.01% Reduced -7.0k -7,000
7 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 241,145241.1k $6.0m $6.0m 0.01% Reduced -32.8k -32,808
8 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 137,920137.9k $3.4m $3.4m 0.00% Reduced -15.1k -15,062
9 Adams Asset Advisors, LLC 0.33% of their portfolio DALLAS, TX 102,746102.7k $2.5m $2.5m 0.33% Added +3.2k +3,218
10 FMR LLC 0.00% of their portfolio BOSTON, MA 93,93593.9k $2.3m $2.3m 0.00% Unchanged
11 Edgemoor Investment Advisors, Inc. 0.21% of their portfolio BETHESDA, MD 90,25390.3k $2.2m $2.2m 0.21% Reduced -4.7k -4,650
12 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 68,33068.3k $1.7m $1.7m 0.02% Added +9.9k +9,852
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 64,16764.2k $1.6m $1.6m 0.00% Reduced -122 -122
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 61,91461.9k $1.5m $1.5m 0.00% Added +33.1k +33,120
15 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 59,80859.8k $702.2k $702.2k 0.00% Reduced -881 -881
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 45,45945.5k $1.1m $1.1m 0.00% Reduced -1.6k -1,626
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 42,83142.8k $1.0m $1.0m 0.00% Added +155 +155
18 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 42,27842.3k $1.0m $1.0m 0.02% Reduced -2.6k -2,585
19 Koshinski Asset Management, Inc. 0.10% of their portfolio DECATUR, IL 38,17438.2k $934.9k $934.9k 0.10% Reduced -11.1k -11,115
20 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 33,52833.5k $837.4k $837.4k 0.00% Reduced -903 -903
21 Brookfield Corp /ON/ 0.00% of their portfolio TORONTO, A6 31,03431.0k $760.0k $760.0k 0.00% Reduced -1.5k -1,543
22 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 27,90227.9k $683.3k $683.3k 0.00% Added +12.8k +12,812
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 27,87527.9k $682.6k $682.6k 0.00% Added +2.0k +2,023
24 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 25,86025.9k $633.0k $633.0k 0.00% Added +1.6k +1,600
25 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 21,76621.8k $533.0k $533.0k 0.00% Added +9.1k +9,055
26 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 18,53218.5k $458.0k $458.0k 0.03% Added +9.3k +9,266
27 Marex Group Ltd 0.01% of their portfolio London, X0 16,82316.8k $412.0k $412.0k 0.01% New
28 ASPIRIANT, LLC 0.01% of their portfolio San Francisco, CA 13,98014.0k $342.4k $342.4k 0.01% Unchanged
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,55011.6k $282.9k $282.9k 0.00% New
30 Quad-Cities Investment Group, LLC 0.16% of their portfolio DAVENPORT, IA 11,40911.4k $279.4k $279.4k 0.16% Added +8 +8
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 9,5589.6k $234.0k $234.0k 0.00% Unchanged
32 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 9,4009.4k $230.1k $230.1k 0.00% Unchanged
33 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,9579.0k $219.4k $219.4k 0.00% Unchanged
34 PRIMORIS WEALTH ADVISORS, LLC 0.18% of their portfolio North Palm Beach, FL 8,9258.9k $218.6k $218.6k 0.18% Unchanged
35 Penserra Capital Management LLC 0.00% of their portfolio ORINDA, CA 7,8087.8k $191.0k $191.0k 0.00% Added +936 +936
36 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 6,8016.8k $167.0k $167.0k 0.00% Unchanged
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,3556.4k $155.6k $155.6k 0.00% Added +585 +585
38 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 6,0436.0k $148.0k $148.0k 0.01% New
39 CALDWELL SUTTER CAPITAL, INC. 0.04% of their portfolio SAUSALITO, CA 3,6003.6k $88.2k $88.2k 0.04% Unchanged
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,8902.9k $70.8k $70.8k 0.00% Added +2.0k +1,995
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $49.0k $49.0k 0.00% Unchanged
42 H/2 CREDIT MANAGER LP 0.01% of their portfolio STAMFORD, CT 2,0002.0k $49.0k $49.0k 0.01% Reduced -521.9k -521,881
43 Jackson, Grant Investment Advisers, Inc. 0.01% of their portfolio STAMFORD, CT 1,3581.4k $33.3k $33.3k 0.01% Unchanged
44 Future Financial Wealth Managment LLC 0.02% of their portfolio CINCINNATI, OH 1,0001.0k $24.5k $24.5k 0.02% New
45 COMERICA BANK 0.00% of their portfolio DALLAS, TX 994994 $24.3k $24.3k 0.00% Unchanged
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 768768 $19.0k $19.0k 0.00% Reduced -383 -383
47 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 750750 $18.4k $18.4k 0.00% Unchanged
48 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 400400 $9.8k $9.8k 0.00% Unchanged
49 TOMPKINS FINANCIAL CORP 0.00% of their portfolio ITHACA, NY 250250 $6.1k $6.1k 0.00% Unchanged
50 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 9090 $2.2k $2.2k 0.00% New
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged