Choice Hotels
330 hedge funds and large institutions have $4.17B invested in Choice Hotels in 2024 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 100 increasing their positions, 123 reducing their positions, and 59 closing their positions.
67% more call options, than puts
Call options by funds: $46.2M | Put options by funds: $27.6M
3% more capital invested
Capital invested by funds: $4.04B → $4.17B (+$130M)
7% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 59
2% less funds holding
Funds holding: 336 → 330 (-6)
5.01% less ownership
Funds ownership: 71.65% → 66.64% (-5%)
19% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 123
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$113M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
+$90.5M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$33.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.4M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$323M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$108M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$33.5M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$26.6M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$18.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFG
376
REAP Financial Group
Austin,
Texas
| – | -$11.6K | -102 | Closed |
|
|
TWC
377
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$11.2K | -98 | Closed |
|
|
PVH
378
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$11K | -93 | Closed |
|
|
CA
379
Crewe Advisors
Salt Lake City,
Utah
| – | -$6.23K | -55 | Closed |
|
380
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$6K | -51 | Closed |
|
|
BGAI
381
Bruce G. Allen Investments
Denver,
Colorado
| – | -$2.61K | -23 | Closed |
|
|
RS
382
Rakuten Securities
Tokyo,
Japan
| – | -$2.27K | -20 | Closed |
|
|
LTI
383
Laffer Tengler Investments
Nashville,
Tennessee
| – | -$2.15K | -19 | Closed |
|
|
MRCM
384
M&R Capital Management
Summit,
New Jersey
| – | -$1.7K | -15 | Closed |
|
|
PWA
385
Provenance Wealth Advisors
Fort Lauderdale,
Florida
| – | -$1.36K | -12 | Closed |
|
|
GI
386
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.02K | -9 | Closed |
|
387
AssetMark Inc
Concord,
California
| – | -$340 | -3 | Closed |
|
|
GWS
388
Glassman Wealth Services
Vienna,
Virginia
| – | -$227 | -2 | Closed |
|
CHH Hedge Fund Activity: Q1 2024 in Review
330 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2024, worth a combined $4.17B — up 3.2% from $4.04B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of CHH and 55 opened new positions — a net loss of 4 holders — while 123 trimmed existing stakes and 100 added.
The largest buyer was Victory Capital Management, adding an estimated $113M. The largest seller was Morgan Stanley, cutting an estimated $323M.
- 330 institutional investors held Choice Hotels (CHH) as of Q1 2024, down from 336 in Q4 2023.
- Funds reported $4.17B of Choice Hotels stock for Q1 2024, up 3.2% quarter-over-quarter.
- 55 funds opened new Choice Hotels positions in Q1 2024 and 59 closed out, a net change of -4 holders.
- The largest Choice Hotels buyer in Q1 2024 was Victory Capital Management, an estimated $113M added.
- The largest Choice Hotels seller in Q1 2024 was Morgan Stanley, an estimated $323M sold.
Based on aggregated 13F filings for Q1 2024.