Choice Hotels
172 hedge funds and large institutions have $1.87B invested in Choice Hotels in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 53 reducing their positions, and 25 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 53
1% more capital invested
Capital invested by funds: $1.84B → $1.87B (+$23.1M)
0.87% more ownership
Funds ownership: 50.85% → 51.72% (+0.87%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 176 → 172 (-4)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $1.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$10.9M |
| 2 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$10.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$10.1M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$9.79M |
| 5 |
Renaissance Technologies
New York
|
+$9.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19.6M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$15.6M |
| 3 |
BlackRock
New York
|
-$10.2M |
| 4 |
BAPIM
British Airways Pensions Investment Management
London,
United Kingdom
|
-$9.81M |
| 5 |
CCI
Columbus Circle Investors
|
-$7.92M |
CHH Hedge Fund Activity: Q3 2017 in Review
172 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2017, worth a combined $1.87B — up 1.3% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CHH and 22 opened new positions — a net loss of 3 holders — while 53 trimmed existing stakes and 63 added.
The largest buyer was Norges Bank, adding an estimated $10.9M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $19.6M sold.
- 172 institutional investors held Choice Hotels (CHH) as of Q3 2017, down from 176 in Q2 2017.
- Funds reported $1.87B of Choice Hotels stock for Q3 2017, up 1.3% quarter-over-quarter.
- 22 funds opened new Choice Hotels positions in Q3 2017 and 25 closed out, a net change of -3 holders.
- The largest Choice Hotels buyer in Q3 2017 was Norges Bank, an estimated $10.9M added.
- The largest Choice Hotels seller in Q3 2017 was Lord, Abbett & Co, an estimated $19.6M sold.
Based on aggregated 13F filings for Q3 2017.