Choice Hotels
336 hedge funds and large institutions have $4.04B invested in Choice Hotels in 2023 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 85 increasing their positions, 140 reducing their positions, and 49 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 49
2.49% more ownership
Funds ownership: 69.16% → 71.65% (+2.5%)
2% more funds holding
Funds holding: 331 → 336 (+5)
5% less capital invested
Capital invested by funds: $4.27B → $4.04B (-$226M)
20% less call options, than puts
Call options by funds: $4.83M | Put options by funds: $6.05M
39% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$320M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$63.4M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$33.7M |
| 4 |
Two Sigma Advisers
New York
|
+$28.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$96M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$80.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$53M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.1M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$41.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
376
Carmel Capital Partners
San Diego,
California
| – | -$8.58K | -70 | Closed |
|
|
RCM
377
Raleigh Capital Management
Cary,
North Carolina
| – | -$7.35K | -60 | Closed |
|
|
VF
378
VitalStone Financial
Shavano Park,
Texas
| – | -$7K | -59 | Closed |
|
|
PCTC
379
Perkins Coie Trust Company
Seattle,
Washington
| – | -$6.37K | -52 | Closed |
|
|
PP
380
PFS Partners
Mine Hill,
New Jersey
| – | -$6.02K | -49 | Closed |
|
381
EARNEST Partners
Atlanta,
Georgia
| – | -$4.17K | -34 | Closed |
|
|
TJHA
382
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$3.55K | -29 | Closed |
|
|
CWP
383
Concord Wealth Partners
Abingdon,
Virginia
| – | -$2.69K | -22 | Closed |
|
CHH Hedge Fund Activity: Q4 2023 in Review
336 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2023, worth a combined $4.04B — down 5.3% from $4.27B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CHH positions and 49 closed out — a net gain of 12 holders — while 85 added to existing stakes and 140 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $320M. The largest seller was Congress Asset Management, cutting an estimated $96M.
- 336 institutional investors held Choice Hotels (CHH) as of Q4 2023, up from 331 in Q3 2023.
- Funds reported $4.04B of Choice Hotels stock for Q4 2023, down 5.3% quarter-over-quarter.
- 61 funds opened new Choice Hotels positions in Q4 2023 and 49 closed out, a net change of +12 holders.
- The largest Choice Hotels buyer in Q4 2023 was Morgan Stanley, an estimated $320M added.
- The largest Choice Hotels seller in Q4 2023 was Congress Asset Management, an estimated $96M sold.
Based on aggregated 13F filings for Q4 2023.