Choice Hotels
209 hedge funds and large institutions have $2.39B invested in Choice Hotels in 2018 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 59 increasing their positions, 75 reducing their positions, and 25 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
8% more funds holding
Funds holding: 194 → 209 (+15)
5% more capital invested
Capital invested by funds: $2.27B → $2.39B (+$118M)
0.69% more ownership
Funds ownership: 51.81% → 52.5% (+0.69%)
21% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 75
41% less call options, than puts
Call options by funds: $1.63M | Put options by funds: $2.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$47.1M |
| 2 |
Goldman Sachs
New York
|
+$39.3M |
| 3 |
LPC
Long Pond Capital
New York
|
+$26.3M |
| 4 |
Renaissance Technologies
New York
|
+$22.5M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$32.2M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$30.9M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$18.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$11.5M |
CHH Hedge Fund Activity: Q1 2018 in Review
209 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2018, worth a combined $2.39B — up 5.2% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CHH positions and 25 closed out — a net gain of 17 holders — while 59 added to existing stakes and 75 trimmed.
The largest buyer was Ameriprise, adding an estimated $47.1M. The largest seller was BlackRock, cutting an estimated $32.2M.
- 209 institutional investors held Choice Hotels (CHH) as of Q1 2018, up from 194 in Q4 2017.
- Funds reported $2.39B of Choice Hotels stock for Q1 2018, up 5.2% quarter-over-quarter.
- 42 funds opened new Choice Hotels positions in Q1 2018 and 25 closed out, a net change of +17 holders.
- The largest Choice Hotels buyer in Q1 2018 was Ameriprise, an estimated $47.1M added.
- The largest Choice Hotels seller in Q1 2018 was BlackRock, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2018.