Choice Hotels
238 hedge funds and large institutions have $3.44B invested in Choice Hotels in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 74 increasing their positions, 87 reducing their positions, and 40 closing their positions.
61% more call options, than puts
Call options by funds: $2.23M | Put options by funds: $1.39M
23% more capital invested
Capital invested by funds: $2.79B → $3.44B (+$648M)
3% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 40
0.54% less ownership
Funds ownership: 58.74% → 58.2% (-0.54%)
2% less funds holding
Funds holding: 242 → 238 (-4)
15% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$64.8M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$15.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.6M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$9.79M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$7.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$21.4M |
| 2 |
Goldman Sachs
New York
|
-$19.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$12.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12.6M |
CHH Hedge Fund Activity: Q4 2020 in Review
238 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2020, worth a combined $3.44B — up 23% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CHH positions and 40 closed out — a net gain of 1 holder — while 74 added to existing stakes and 87 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $64.8M. The largest seller was Invesco, cutting an estimated $21.4M.
- 238 institutional investors held Choice Hotels (CHH) as of Q4 2020, down from 242 in Q3 2020.
- Funds reported $3.44B of Choice Hotels stock for Q4 2020, up 23% quarter-over-quarter.
- 41 funds opened new Choice Hotels positions in Q4 2020 and 40 closed out, a net change of +1 holder.
- The largest Choice Hotels buyer in Q4 2020 was Principal Financial Group, an estimated $64.8M added.
- The largest Choice Hotels seller in Q4 2020 was Invesco, an estimated $21.4M sold.
Based on aggregated 13F filings for Q4 2020.