Choice Hotels
117 hedge funds and large institutions have $1.28B invested in Choice Hotels in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
7% more funds holding
Funds holding: 109 → 117 (+8)
3.12% more ownership
Funds ownership: 44.26% → 47.38% (+3.1%)
0% more capital invested
Capital invested by funds: $1.27B → $1.28B (+$3.8M)
98% less call options, than puts
Call options by funds: $9K | Put options by funds: $450K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$61.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.1M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$8.44M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$6.82M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$31.1M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
-$26.1M |
| 3 |
1IC
1919 Investment Counsel
Baltimore,
Maryland
|
-$4.2M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.66M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
126
Stifel Trust
St. Louis,
Missouri
| – | -$18K | -350 | Closed |
|
127
Citigroup
New York
| – | -$17K | -343 | Closed |
|
|
WA
128
WFG Advisors
Dallas,
Texas
| – | -$6K | -121 | Closed |
|
|
ASN
129
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -100 | Closed |
|
|
CFA
130
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$4K | -100 | Closed |
|
CHH Hedge Fund Activity: Q1 2014 in Review
117 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2014, worth a combined $1.28B — up 0.3% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CHH positions and 14 closed out — a net gain of 8 holders — while 42 added to existing stakes and 30 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $61.5M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $31.1M.
- 117 institutional investors held Choice Hotels (CHH) as of Q1 2014, up from 109 in Q4 2013.
- Funds reported $1.28B of Choice Hotels stock for Q1 2014, up 0.3% quarter-over-quarter.
- 22 funds opened new Choice Hotels positions in Q1 2014 and 14 closed out, a net change of +8 holders.
- The largest Choice Hotels buyer in Q1 2014 was T. Rowe Price Associates, an estimated $61.5M added.
- The largest Choice Hotels seller in Q1 2014 was Columbia Wanger Asset Management, an estimated $31.1M sold.
Based on aggregated 13F filings for Q1 2014.