Choice Hotels
123 hedge funds and large institutions have $1.46B invested in Choice Hotels in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 42 reducing their positions, and 10 closing their positions.
312% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $395K
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
12% more capital invested
Capital invested by funds: $1.31B → $1.46B (+$157M)
7% more funds holding
Funds holding: 115 → 123 (+8)
0.68% more ownership
Funds ownership: 47.54% → 48.22% (+0.68%)
5% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$37.1M |
| 2 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$17.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.9M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$4.52M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$13.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$12.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.8M |
| 4 |
Fundsmith LLP
London,
United Kingdom
|
-$10.6M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$4.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PRCM
126
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.28M | -27,202 | Closed |
|
127
Neuberger Berman Group
New York
| – | -$554K | -11,750 | Closed |
|
|
SIC
128
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$391K | -8,300 | Closed |
|
|
ARTA
129
A.R.T. Advisors
New York
| – | -$375K | -7,974 | Closed |
|
130
Prudential Financial
Newark,
New Jersey
| – | -$366K | -7,768 | Closed |
|
131
Two Sigma Advisers
New York
| – | -$240K | -5,089 | Closed |
|
|
NCCM
132
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$221K | -4,700 | Closed |
|
|
QT
133
Quantbot Technologies
New York
| – | -$70K | -1,500 | Closed |
|
CHH Hedge Fund Activity: Q3 2014 in Review
123 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2014, worth a combined $1.46B — up 12% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CHH positions and 10 closed out — a net gain of 9 holders — while 40 added to existing stakes and 42 trimmed.
The largest buyer was William Blair & Company, adding an estimated $37.1M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $13.4M.
- 123 institutional investors held Choice Hotels (CHH) as of Q3 2014, up from 115 in Q2 2014.
- Funds reported $1.46B of Choice Hotels stock for Q3 2014, up 12% quarter-over-quarter.
- 19 funds opened new Choice Hotels positions in Q3 2014 and 10 closed out, a net change of +9 holders.
- The largest Choice Hotels buyer in Q3 2014 was William Blair & Company, an estimated $37.1M added.
- The largest Choice Hotels seller in Q3 2014 was Columbia Wanger Asset Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2014.