Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

RLJ LODGING TR (RLJ)

203 + Investors. Track Smart Money conviction in RLJ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -19
Streak
1Q ▼
Buyers last Q
37%

Smart Money Signals — RLJ

Based on 192 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their RLJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 86% of 3.0Y peak

86% of all-time peak
192 funds currently hold this stock — 86% of the 3.0-year high of 223 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
9 fewer hedge funds hold RLJ compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 37% buying

82 buying138 selling
Last quarter: 138 funds sold vs only 82 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~28 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 43 → 33 → 27 → 28. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 18% medium ■ 11% new
136 out of 192 hedge funds have held RLJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

37 → 43 → 33 → 27 → 28 new funds/Q
New funds entering each quarter: 43 → 33 → 27 → 28. RLJ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 10% 1-2yr ■ 16% new
Of 192 current holders: 143 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
51 of 192 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in RLJ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RLJ

In 2025 Q4, 82 hedge funds were net buyers of RLJ (28 opened a new position, 54 added to an existing one), while 138 reduced or exited (91 trimmed, 47 sold completely) — a 37% buyer ratio, indicating net institutional distribution. 47% of total institutional value in RLJ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -19 funds (more exits than new entries). Total institutional holders: 192.

Hedge Fund Ownership: RLJ

How many hedge funds hold RLJ — quarterly history vs. share price
Quarterly hedge fund ownership of RLJ vs. share price

Market Analysis: RLJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RLJ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy RLJ LODGING TR (RLJ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RLJ has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 51d ago
RLJ
+41.8%
XLRE
+7.6%

RLJ outperformed XLRE by +34.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
RLJ
+6.0%
XLRE
+1.6%

Since the filing became public, RLJ outperformed XLRE by +4.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 2 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: RLJ
203 + Investors

Track Smart Money conviction in RLJ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 203 192 5.73%
13F Shares 130M 131M -0.99%
Total Value $870M $989M -12.07%
New Positions 31 28 +3
Increased Positions 70 54 +16
Closed Positions 20 47 -27
Reduced Positions 70 91 -21
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RLJ

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

203 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RLJ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of RLJ — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 H/2 CREDIT MANAGER LP 14.23% 9,583,184 $71K
2 Alexander Randolph Advisory, Inc. 2.60% 406,907 $3.0M
3 AEGIS FINANCIAL CORP 2.56% 1,999,425 $14.8M
4 DONALD SMITH & CO., INC. 2.00% 15,000,624 $111.3M
5 PALISADE CAPITAL MANAGEMENT, LP 0.61% 2,467,714 $18.3M
6 Pensionfund PDN 0.30% 69,200 —
7 Pensionfund Sabic 0.28% 31,100 —
8 Optimize Financial Inc 0.22% 60,761 $451K
9 DENALI ADVISORS LLC 0.16% 198,900 $1.5M
10 Penn Capital Management Company, LLC 0.12% 214,993 $1.6M
11 CastleKnight Management LP 0.12% 949,800 $7.0M
12 Abel Hall, LLC 0.10% 60,599 $450K
13 Advisory Advocates, LLC 0.09% 12,100 $90K
14 FOX RUN MANAGEMENT, L.L.C. 0.08% 58,034 $436K
15 Daytona Street Capital LLC 0.07% 3,800 $92K
16 DIAMANT ASSET MANAGEMENT, INC. 0.06% 89,040 $89K
17 Inspire Investing, LLC 0.04% 68,998 $512K
18 CIM INVESTMENT MANAGEMENT INC 0.04% 20,404 $151K
19 LSV ASSET MANAGEMENT 0.03% 2,164,349 $16K
20 BNP Paribas Asset Management Holding S.A. 0.03% 3,382,005 $25.1M
21 Allianz Asset Management GmbH 0.03% 3,433,155 $25.5M
22 Hudson Bay Capital Management LP 0.03% 981,074 $7.3M
23 MARTINGALE ASSET MANAGEMENT L P 0.02% 123,637 $917K
24 Nebula Research & Development LLC 0.02% 29,732 $216K
25 XTX Topco Ltd 0.02% 135,876 $1.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — RLJ LODGING TR (RLJ)

What does the Smart Money Trend signal show for RLJ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their RLJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RLJ?

Heavy selling pressure — only 37% buying: Last quarter: 138 funds sold vs only 82 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for RLJ holders?

Elite ownership — 47% AUM from top-100 funds: 51 of 192 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in RLJ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held RLJ?

71% of holders stayed for 2+ years: 136 out of 192 hedge funds have held RLJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy RLJ LODGING TR (RLJ) following the 2026 Q1 hedge fund 13F filings?

As of today, RLJ has moved +6.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.6% for the XLRE sector ETF — an outperformance of +4.4%. Since the quarter end (March 31, 2026), RLJ has gained +41.8% vs +7.6% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →