AHT β€” Ashford Hospitality Tr Inc

Ownership history in Varde Management, L.P.  Β·  4 quarters on record

This page tracks every 13F SEC filing in which Varde Management, L.P. reported a position in Ashford Hospitality Tr Inc (AHT). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.0% (2025 Q4)
πŸ“Š Avg. % of fund
1.42%
πŸ“… First filed
2025 Q1
πŸ“… Last filed
2025 Q4
⏱ Quarters held
4

Position Intelligence

Varde Management, L.P. Γ— AHT AI Analytics

πŸ“‰ Varde Management, L.P. underperformed the S&P 500 by –89.9% annually on this AHT position. Average cost basis: $7.17. Maximum drawdown during holding period: –40.6%.

πŸ“ˆ Position Alpha vs SPY
-89.9%
annualised excess return

❌ Significantly underperformed the S&P 500 by 89.9% ann.
3 quarters analyzed

πŸ’° Entry Quality
$7.17
-40.6% vs current ($4.26)

Best entry: $7.17 (2025 Q1)  Β·  Worst: $7.17 (2025 Q1)

πŸ›‘οΈ Drawdown Resilience
–40.6%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
100%
buy-side decisions

1 add Β· 0 trims. Bought during 0 of 3 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Varde Management, L.P. has been actively increasing its AHT allocation β€” a bullish signal from insiders.
Currently 2.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    AHT price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 UNCHANGED 175,512 β€” 0% 2.00% $748K $4.26
2025 Q3 UNCHANGED 175,512 β€” 0% 1.48% $1.1M $5.90
2025 Q2 UNCHANGED 175,512 β€” 0% 1.48% $1.1M $6.02
2025 Q1 INITIATED 175,512 β€” β€” 0.74% $1.0M $7.17
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