Choice Hotels
152 hedge funds and large institutions have $1.53B invested in Choice Hotels in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 52 reducing their positions, and 19 closing their positions.
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
24% more capital invested
Capital invested by funds: $1.24B → $1.53B (+$298M)
23% more call options, than puts
Call options by funds: $538K | Put options by funds: $437K
6% more funds holding
Funds holding: 144 → 152 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.42% less ownership
Funds ownership: 49.19% → 48.77% (-0.42%)
8% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$47.2M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$29.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.2M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$165M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$28.6M |
| 3 |
Morgan Stanley
New York
|
-$13.2M |
| 4 |
JP Morgan Chase
New York
|
-$4.28M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.63M |
CHH Hedge Fund Activity: Q4 2016 in Review
152 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2016, worth a combined $1.53B — up 24% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CHH positions and 19 closed out — a net gain of 11 holders — while 48 added to existing stakes and 52 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $47.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $165M.
- 152 institutional investors held Choice Hotels (CHH) as of Q4 2016, up from 144 in Q3 2016.
- Funds reported $1.53B of Choice Hotels stock for Q4 2016, up 24% quarter-over-quarter.
- 30 funds opened new Choice Hotels positions in Q4 2016 and 19 closed out, a net change of +11 holders.
- The largest Choice Hotels buyer in Q4 2016 was BlackRock Institutional Trust, an estimated $47.2M added.
- The largest Choice Hotels seller in Q4 2016 was T. Rowe Price Associates, an estimated $165M sold.
Based on aggregated 13F filings for Q4 2016.