Choice Hotels
225 hedge funds and large institutions have $3.03B invested in Choice Hotels in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 85 increasing their positions, 55 reducing their positions, and 21 closing their positions.
110% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 21
55% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 55
28% more call options, than puts
Call options by funds: $284K | Put options by funds: $222K
10% more funds holding
Funds holding: 204 → 225 (+21)
3% more capital invested
Capital invested by funds: $2.93B → $3.03B (+$101M)
0.98% more ownership
Funds ownership: 60.24% → 61.21% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$53.4M |
| 2 |
Morgan Stanley
New York
|
+$26M |
| 3 |
Renaissance Technologies
New York
|
+$13.6M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$11.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$43.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$26.6M |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
-$13.2M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$12.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.3M |
CHH Hedge Fund Activity: Q3 2019 in Review
225 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2019, worth a combined $3.03B — up 3.4% from $2.93B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CHH positions and 21 closed out — a net gain of 23 holders — while 85 added to existing stakes and 55 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $53.4M. The largest seller was Echo Street Capital Management, cutting an estimated $43.7M.
- 225 institutional investors held Choice Hotels (CHH) as of Q3 2019, up from 204 in Q2 2019.
- Funds reported $3.03B of Choice Hotels stock for Q3 2019, up 3.4% quarter-over-quarter.
- 44 funds opened new Choice Hotels positions in Q3 2019 and 21 closed out, a net change of +23 holders.
- The largest Choice Hotels buyer in Q3 2019 was Atlanta Capital Management, an estimated $53.4M added.
- The largest Choice Hotels seller in Q3 2019 was Echo Street Capital Management, an estimated $43.7M sold.
Based on aggregated 13F filings for Q3 2019.