Choice Hotels
204 hedge funds and large institutions have $2.93B invested in Choice Hotels in 2019 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 75 increasing their positions, 66 reducing their positions, and 21 closing their positions.
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
14% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 66
11% more capital invested
Capital invested by funds: $2.64B → $2.93B (+$296M)
4% more funds holding
Funds holding: 196 → 204 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.66% less ownership
Funds ownership: 60.9% → 60.24% (-0.66%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$46.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$46.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$16M |
| 4 |
Morgan Stanley
New York
|
+$12.4M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$56.2M |
| 2 |
Goldman Sachs
New York
|
-$34.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.5M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$19.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11.1M |
CHH Hedge Fund Activity: Q2 2019 in Review
204 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q2 2019, worth a combined $2.93B — up 11% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CHH positions and 21 closed out — a net gain of 11 holders — while 75 added to existing stakes and 66 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $46.3M. The largest seller was Echo Street Capital Management, cutting an estimated $56.2M.
- 204 institutional investors held Choice Hotels (CHH) as of Q2 2019, up from 196 in Q1 2019.
- Funds reported $2.93B of Choice Hotels stock for Q2 2019, up 11% quarter-over-quarter.
- 32 funds opened new Choice Hotels positions in Q2 2019 and 21 closed out, a net change of +11 holders.
- The largest Choice Hotels buyer in Q2 2019 was Wellington Management Group, an estimated $46.3M added.
- The largest Choice Hotels seller in Q2 2019 was Echo Street Capital Management, an estimated $56.2M sold.
Based on aggregated 13F filings for Q2 2019.