Choice Hotels
115 hedge funds and large institutions have $1.31B invested in Choice Hotels in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 26 reducing their positions, and 19 closing their positions.
343% more call options, than puts
Call options by funds: $62K | Put options by funds: $14K
77% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 26
2% more capital invested
Capital invested by funds: $1.28B → $1.31B (+$31.2M)
0.16% more ownership
Funds ownership: 47.38% → 47.54% (+0.16%)
2% less funds holding
Funds holding: 117 → 115 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
+$25.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$12.7M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$8.63M |
| 4 |
Morgan Stanley
New York
|
+$5.76M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$20.2M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$17.8M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$6.66M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$4.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Capital Fund Management (CFM)
Paris,
France
| – | -$579K | -12,587 | Closed |
|
127
Walleye Trading
New York
| – | -$289 | -6,276 | Closed |
|
|
PAA
128
Peregrine Asset Advisers
Portland,
Oregon
| – | -$262K | -5,700 | Closed |
|
|
VKH
129
Virtu KCG Holdings
New York
| – | -$222K | -4,818 | Closed |
|
130
Credit Agricole
Montrouge Cedex,
France
| – | -$101K | -2,200 | Closed |
|
131
KBC Group
Brussels,
Belgium
| – | -$29K | -636 | Closed |
|
|
HR
132
Howe & Rusling
Rochester,
New York
| – | -$28K | -616 | Closed |
|
|
AW
133
Alpha Windward
Westwood,
Massachusetts
| – | -$20K | -442 | Closed |
|
CHH Hedge Fund Activity: Q2 2014 in Review
115 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q2 2014, worth a combined $1.31B — up 2.4% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CHH and 17 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 46 added.
The largest buyer was Fundsmith LLP, adding an estimated $25.4M. The largest seller was Deutsche Bank, cutting an estimated $20.6M.
- 115 institutional investors held Choice Hotels (CHH) as of Q2 2014, down from 117 in Q1 2014.
- Funds reported $1.31B of Choice Hotels stock for Q2 2014, up 2.4% quarter-over-quarter.
- 17 funds opened new Choice Hotels positions in Q2 2014 and 19 closed out, a net change of -2 holders.
- The largest Choice Hotels buyer in Q2 2014 was Fundsmith LLP, an estimated $25.4M added.
- The largest Choice Hotels seller in Q2 2014 was Deutsche Bank, an estimated $20.6M sold.
Based on aggregated 13F filings for Q2 2014.