• Investor Relations
    • Corporate Overview
      • Officers & Trustees
      • Governance Documents
      • Committee Charting
      • Annual Meeting
    • Stock Information
      • Historical Prices
      • Dividends
      • Basis Calculator
      • Institutional Ownership
      • FAQ
    • SEC Filings
      • Insider Filings
      • Insider Transactions
    • As-Reported Financials
    • News & Presentations
      • Investor Presentations
      • Quarterly Earnings Supplement
    • Annual Reports
    • Contact
      • Email Notification
HHM primary logo HHM secondary logo
  • Company
    • Hersha Facts
    • Management and Governance
    • Core Values
  • Properties
  • Investors
  • Sustainability
    • Rest Assured™ Cleanliness Program
    • About EarthView
    • EarthView® Water
    • Clean the World®
    • EarthView Annual Reports

Institutional Ownership

Menu

Ownership > 100%

List of possible reasons behind the infrequent cases where we have total institutional ownership that exceeds 100% of the common shares outstanding for a specific company:
 
Double-counting - On the 13-F filing, each institutional holder must report all securities over which they exercise sole or shared investment discretion. In cases where investment discretion is shared by more than one institution, care is generally taken to prevent double-counting, but there is always the exception. Another cause of double-counting is a company name change for the 13F filer where the holdings are accounted for under both filer names.
 
Short Interest - A large short interest amount affects the institutional ownership amount considerably because all shares that have been sold short appear as holdings in two separate portfolios. One institution has lent its shares to a short seller, while the same shares have been purchased by another reporting institution. Consequently, the institutional ownership percentage reflected in the 13-F filings is overstated as a percentage of total shares outstanding.
 
A gap between 'as of' dates - In the case where gaps between the 'as of' dates of the holdings and the shares outstanding arise, the percentage owned could be skewed due to a sharp increase/decrease in shares out. Again, this case doesn’t come up very often but the results are unavoidable.
 
Other possible reasons:
a) An overlap occurs amongst reporting institutions;
b) The 13F filing includes holdings other than common stock issues;
c) Mutual fund money is co-advised and incorrectly reported by multiple institutions.

Ownership > 100%

  • OUR COMPANY
    • Hersha Facts
    • Management & Governance
    • Core Values
  • OUR PROPERTIES
    • Property Gallery
  • INVESTORS
    • Corporate Overview
    • Stock Information
    • SEC Filings
    • Financial Information
    • News & Market Data
    • Investor Contact
  • SUSTAINABILITY
    • Rest Assured™ Cleanliness Program
    • About EarthView
    • EarthView Water Partnership
    • Clean the World
    • EarthView Annual Reports
  • Contact
    Copyright , © Powered By Q4 Inc.
    • Home
    • Company
      • Hersha Facts
      • Management and Governance
      • Core Values
    • Properties
    • Sustainability
      • Rest Assured™ Cleanliness Program
      • About Earthview
      • EarthView® Water
      • Clean the World®
      • EarthView Annual Reports
    • Press
    • Contact

      Our site uses cookies. By continuing to use our site you are agreeing to our Cookie Policy