Vault-13

RLJ LODGING TR RLJ 1.95 PERP A

CUM CONV PFD A · PUBLIC · CUSIP 74965L200

53 institutional holders +3 vs Q2 2024
5,527,6595.5m shares reported held*
$142.9mreported value*
5 new 20 added 11 reduced 2 sold out net bought ≈ $10.4m (+433.0k 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 ≈ $25.86.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 54Q4 22: 55Q1 23: 50Q2 23: 52Q3 23: 52Q4 23: 54Q1 24: 51Q2 24: 50Q3 24: 5353Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202254
Q4 202255
Q1 202350
Q2 202352
Q3 202352
Q4 202354
Q1 202451
Q2 202450
Q3 202453

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 outQ1 23: 26 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 18 bought or addedQ2 23: 22 cut or sold outQ3 23: 22 bought or addedQ3 23: 22 cut or sold outQ3 23Q4 23: 25 bought or addedQ4 23: 20 cut or sold outQ1 24: 22 bought or addedQ1 24: 21 cut or sold outQ1 24Q2 24: 15 bought or addedQ2 24: 26 cut or sold outQ3 24: 25 bought or addedQ3 24: 13 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222419
Q1 20232621
Q2 20231822
Q3 20232222
Q4 20232520
Q1 20242221
Q2 20241526
Q3 20242513

Biggest buyers

INFRASTRUCTURE CAPITAL ADVISORS, LLC Added +170,256+170.3k
AXS Investments LLC New +117,608+117.6k
Modern Wealth Management, LLC New +76,719+76.7k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Added +35,520+35.5k
Axiom Advisory, LLC Added +34,279+34.3k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +8,162+8.2k
Zhang Financial LLC New +8,157+8.2k
VAN ECK ASSOCIATES CORP Added +7,965+8.0k
Brookfield Corp /ON/ Added +7,017+7.0k
RAYMOND JAMES & ASSOCIATES Added +6,925+6.9k

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -30,130-30.1k
ZAZOVE ASSOCIATES LLC Reduced -9,266-9.3k
Edgemoor Investment Advisors, Inc. Reduced -5,630-5.6k
COHEN & STEERS, INC. Reduced -2,000-2.0k
Daiwa Securities Group Inc. Reduced -2,000-2.0k
LDR Capital Management LLC Reduced -996-996
Advisors Capital Management, LLC Reduced -835-835
MORGAN STANLEY Reduced -219-219
Diligent Investors, LLC Reduced -188-188
COMMONWEALTH EQUITY SERVICES, LLC Reduced -83-83

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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 INFRASTRUCTURE CAPITAL ADVISORS, LLC 4.71% of their portfolio New York, NY 1,279,1041.3m $33.4m $33.4m 4.71% Added +170.3k +170,256
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,215,6141.2m $31.7m $31.7m 0.00% First filing
3 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 521,246521.2k $13.3m $13.3m 0.02% Added +8.0k +7,965
4 WESTWOOD HOLDINGS GROUP INC 0.04% of their portfolio DALLAS, TX 375,000375.0k $9.8m $9.8m 0.04% Unchanged
5 LDR Capital Management LLC 8.55% of their portfolio New York, NY 294,583294.6k $7.7m $7.7m 8.55% Reduced -996 -996
6 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 276,454276.5k $7.2m $7.2m 0.01% Reduced -2.0k -2,000
7 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 262,617262.6k $6.8m $6.8m 0.02% Added +8.2k +8,162
8 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 134,607134.6k $3.5m $3.5m 0.00% Added +1.5k +1,458
9 AXS Investments LLC 0.81% of their portfolio PORT CHESTER, NY 117,608117.6k $3.1m $3.1m 0.81% New
10 Adams Asset Advisors, LLC 0.35% of their portfolio DALLAS, TX 102,746102.7k $2.7m $2.7m 0.35% Unchanged
11 FMR LLC 0.00% of their portfolio BOSTON, MA 93,93593.9k $2.5m $2.5m 0.00% Unchanged
12 Edgemoor Investment Advisors, Inc. 0.19% of their portfolio BETHESDA, MD 82,87382.9k $2.2m $2.2m 0.19% Reduced -5.6k -5,630
13 Modern Wealth Management, LLC 0.12% of their portfolio KANSAS CITY, MO 76,71976.7k $2.0m $2.0m 0.12% New
14 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 75,28675.3k $2.0m $2.0m 0.02% Added +1.1k +1,140
15 Axiom Advisory, LLC 0.02% of their portfolio SAN DIEGO, CA 66,26866.3k $1.7m $1.7m 0.02% Added +34.3k +34,279
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 62,60262.6k $1.6m $1.6m 0.00% Added +790 +790
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 44,26344.3k $1.2m $1.2m 0.00% Added +37 +37
18 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 40,98441.0k $1.1m $1.1m 0.02% Reduced -835 -835
19 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 36,87036.9k $1.5k $1.5k 0.00% Added +35.5k +35,520
20 Brookfield Corp /ON/ 0.01% of their portfolio TORONTO, A6 35,57335.6k $927.7k $927.7k 0.01% Added +7.0k +7,017
21 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 33,52833.5k $890.7k $890.7k 0.00% Unchanged
22 Koshinski Asset Management, Inc. 0.08% of their portfolio DECATUR, IL 33,39033.4k $870.8k $870.8k 0.08% Added +8 +8
23 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 29,39729.4k $766.7k $766.7k 0.00% Added +6.9k +6,925
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 25,34125.3k $660.9k $660.9k 0.00% Reduced -49 -49
25 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 25,26225.3k $659.0k $659.0k 0.00% Added +603 +603
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22,38822.4k $583.9k $583.9k 0.00% Reduced -219 -219
27 Diligent Investors, LLC 0.10% of their portfolio REDLANDS, CA 16,98517.0k $443.0k $443.0k 0.10% Reduced -188 -188
28 ASPIRIANT, LLC 0.01% of their portfolio San Francisco, CA 13,98014.0k $364.6k $364.6k 0.01% Unchanged
29 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 13,34913.3k $348.1k $348.1k 0.00% Added +2.3k +2,346
30 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,55011.6k $301.2k $301.2k 0.00% Unchanged
31 Quad-Cities Investment Group, LLC 0.15% of their portfolio DAVENPORT, IA 11,26511.3k $293.8k $293.8k 0.15% Reduced -72 -72
32 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 10,95711.0k $285.0k $285.0k 0.01% Added +2.0k +2,015
33 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,68510.7k $279.0k $279.0k 0.00% Reduced -83 -83
34 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 9,95710.0k $259.7k $259.7k 0.00% Added +500 +500
35 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 9,2669.3k $242.4k $242.4k 0.03% Reduced -9.3k -9,266
36 PRIMORIS WEALTH ADVISORS, LLC 0.17% of their portfolio North Palm Beach, FL 8,9258.9k $232.8k $232.8k 0.17% Unchanged
37 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 8,4008.4k $219.0k $219.0k 0.00% Unchanged
38 Zhang Financial LLC 0.01% of their portfolio PORTAGE, MI 8,1578.2k $212.7k $212.7k 0.01% New
39 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 6,7696.8k $176.5k $176.5k 0.01% Added +487 +487
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,4545.5k $142.2k $142.2k 0.00% Unchanged
41 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 4,8014.8k $125.0k $125.0k 0.00% Reduced -2.0k -2,000
42 CALDWELL SUTTER CAPITAL, INC. 0.03% of their portfolio SAUSALITO, CA 2,6002.6k $67.8k $67.8k 0.03% Unchanged
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $52.2k $52.2k 0.00% Unchanged
44 H/2 CREDIT MANAGER LP 0.01% of their portfolio STAMFORD, CT 2,0002.0k $52.0k $52.0k 0.01% Unchanged
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,4131.4k $37.0k $37.0k 0.00% Added +1.0k +1,013
46 Jackson, Grant Investment Advisers, Inc. 0.01% of their portfolio STAMFORD, CT 1,3581.4k $35.4k $35.4k 0.01% Unchanged
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0971.1k $28.6k $28.6k 0.00% Added +554 +554
48 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 1,0001.0k $26.1k $26.1k 0.00% New
49 Future Financial Wealth Managment LLC 0.02% of their portfolio CINCINNATI, OH 1,0001.0k $26.1k $26.1k 0.02% New
50 COMERICA BANK 0.00% of their portfolio DALLAS, TX 994994 $25.9k $25.9k 0.00% Unchanged
51 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 750750 $19.6k $19.6k 0.00% Unchanged
52 BIRCHBROOK, INC. 0.00% of their portfolio BANGOR, ME 102102 $2.7k $2.7k 0.00% Added +2 +2
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged