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Choice Hotels

193 hedge funds and large institutions have $2.66B invested in Choice Hotels in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

99% more call options, than puts

Call options by funds: $3.33M | Put options by funds: $1.67M

13% more capital invested

Capital invested by funds: $2.35B → $2.66B (+$305M)

12% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 60

1.43% more ownership

Funds ownership: 55.06%56.49% (+1.4%)

7% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 30

1% more funds holding

Funds holding: 192193 (+1)

Holders
193
Holders Change
+1
Holders Change %
+0.52%
% of All Funds
4.41%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
32
Increased
67
Reduced
60
Closed
30
Calls
$3.33M
Puts
$1.67M
Net Calls
+$1.66M
Net Calls Change
+$3.53M
Name Holding Trade Value Shares
Change
Change in
Stake
GAM
51
Gotham Asset Management
New York
$5.27M +$4.96M +63,296 New
RhumbLine Advisers
52
RhumbLine Advisers
Massachusetts
$5.17M -$55.5K -708 -1%
TA
53
Teachers Advisors
New York
$4.76M -$21.4M -272,799 -83%
PPA
54
Parametric Portfolio Associates
Washington
$4.72M +$188K +2,392 +4%
Millennium Management
55
Millennium Management
New York
$4.52M +$1.18M +15,021 +38%
Invesco
56
Invesco
Georgia
$4.46M +$14.1K +180 +0.3%
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$4.44M -$1.49K -19 -0%
Wells Fargo
58
Wells Fargo
California
$4.31M +$318K +4,056 +9%
State Board of Administration of Florida Retirement System
59
State Board of Administration of Florida Retirement System
Florida
$4.12M
CS
60
Credit Suisse
Switzerland
$4.04M -$310K -3,956 -8%
TRSOTSOK
61
Teachers Retirement System of the State of Kentucky
Kentucky
$3.94M -$113K -1,440 -3%
TAM
62
Tealwood Asset Management
Minnesota
$3.57M +$3.36M +42,806 New
UOC
63
UBS O'Connor
Illinois
$3.28M -$1.67M -21,300 -35%
UBS Group
64
UBS Group
Switzerland
$3.22M +$361K +4,604 +14%
UBS AM
65
UBS AM
Illinois
$3.15M +$85.5K +1,091 +3%
SEI Investments
66
SEI Investments
Pennsylvania
$3.01M -$1.22M -15,502 -31%
EVM
67
Eaton Vance Management
Massachusetts
$2.52M +$1.49K +19 +0.1%
AIMCA
68
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.8M -$674K -8,600 -28%
KeyBank National Association
69
KeyBank National Association
Ohio
$1.76M +$243K +3,100 +17%
AllianceBernstein
70
AllianceBernstein
Tennessee
$1.63M -$14.1K -180 -0.9%
D.E. Shaw & Co
71
D.E. Shaw & Co
New York
$1.62M -$775K -9,881 -34%
DCM
72
Dupont Capital Management
Delaware
$1.56M +$419K +5,346 +40%
First Trust Advisors
73
First Trust Advisors
Illinois
$1.42M -$5.09M -64,964 -79%
JG
74
Jefferies Group
New York
$1.39M +$1.04M +13,243 +382%
GCP
75
GSA Capital Partners
United Kingdom
$1.38M +$1.3M +16,574 New

CHH Hedge Fund Activity: Q3 2018 in Review

193 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2018, worth a combined $2.66B — up 13% from $2.35B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CHH positions and 30 closed out — a net gain of 2 holders — while 67 added to existing stakes and 60 trimmed.

The largest buyer was Atlanta Capital Management, adding an estimated $79.1M. The largest seller was Long Pond Capital, exiting entirely with an estimated $24.6M sold.

  • 193 institutional investors held Choice Hotels (CHH) as of Q3 2018, up from 192 in Q2 2018.
  • Funds reported $2.66B of Choice Hotels stock for Q3 2018, up 13% quarter-over-quarter.
  • 32 funds opened new Choice Hotels positions in Q3 2018 and 30 closed out, a net change of +2 holders.
  • The largest Choice Hotels buyer in Q3 2018 was Atlanta Capital Management, an estimated $79.1M added.
  • The largest Choice Hotels seller in Q3 2018 was Long Pond Capital, an estimated $24.6M sold.

Based on aggregated 13F filings for Q3 2018.