Convergence Investment Partners’s Summit Hotel Properties INN Stock Holding History

Convergence Investment Partners’s Portfolio INN Stock Details INN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-42,249	Closed	-$676K	–	315
2017 Q3	$676K	Sell	42,249 -42,249	-50%	-$686K	0.1%	260
2017 Q2	$1.58M	Sell	84,498 -28,098	-25%	-$490K	0.23%	169
2017 Q1	$1.8M	Sell	112,596 -4,834	-4%	-$76.2K	0.25%	146
2016 Q4	$1.88M	Buy	117,430 +103,580	+748%	+$1.45M	0.26%	142
2016 Q3	$182K	Buy	+13,850	New	+$192K	0.03%	320
2016 Q2	–	Sell	-207,366	Closed	-$2.48M	–	340
2016 Q1	$2.48M	Buy	207,366 +99,032	+91%	+$1.05M	0.3%	118
2015 Q4	$1.29M	Buy	+108,334	New	+$1.38M	0.15%	216

Other funds holding INN

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Nuveen Charlotte, North Carolina $419B AUM 43.02% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

HRES

Heitman Real Estate Securities Chicago, Illinois $1.56B AUM 21.81% 1-Year Est. Return

Convergence Investment Partners's INN Position: Q4 2017 in Review

Convergence Investment Partners sold out of Summit Hotel Properties (INN) in Q4 2017, closing a stake of 42,249 shares — an estimated $676K sold.

Convergence Investment Partners first reported a position in INN in Q4 2015 and held it in 7 quarters. The position peaked at $2.48M in Q1 2016. 226 funds tracked by Wall St. Rank hold INN as of Q4 2017.

Convergence Investment Partners reported no remaining Summit Hotel Properties position as of Q4 2017 after selling out during the quarter.
Convergence Investment Partners sold 42,249 Summit Hotel Properties shares in Q4 2017, an estimated $676K.
Convergence Investment Partners first reported a position in Summit Hotel Properties in Q4 2015 and held it in 7 quarters.
Convergence Investment Partners's Summit Hotel Properties position peaked at $2.48M in Q1 2016.
226 funds tracked by Wall St. Rank held Summit Hotel Properties as of Q4 2017.

Based on Convergence Investment Partners's 13F filing for Q4 2017, filed 16 Jan 2018.