Choice Hotels
240 hedge funds and large institutions have $3.64B invested in Choice Hotels in 2019 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 39 closing their positions.
54% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 39
20% more capital invested
Capital invested by funds: $3.03B → $3.64B (+$609M)
7% more funds holding
Funds holding: 225 → 240 (+15)
1.97% more ownership
Funds ownership: 61.21% → 63.18% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
67% less call options, than puts
Call options by funds: $2.8M | Put options by funds: $8.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$209M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$30.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$29.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17M |
| 5 |
Bank of New York Mellon
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$45.4M |
| 2 |
Morgan Stanley
New York
|
-$41.5M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$28.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$26.8M |
| 5 |
BAMCO Inc
New York
|
-$20.3M |
CHH Hedge Fund Activity: Q4 2019 in Review
240 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2019, worth a combined $3.64B — up 20% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new CHH positions and 39 closed out — a net gain of 21 holders — while 68 added to existing stakes and 73 trimmed.
The largest buyer was BlackRock, adding an estimated $209M. The largest seller was AllianceBernstein, cutting an estimated $45.4M.
- 240 institutional investors held Choice Hotels (CHH) as of Q4 2019, up from 225 in Q3 2019.
- Funds reported $3.64B of Choice Hotels stock for Q4 2019, up 20% quarter-over-quarter.
- 60 funds opened new Choice Hotels positions in Q4 2019 and 39 closed out, a net change of +21 holders.
- The largest Choice Hotels buyer in Q4 2019 was BlackRock, an estimated $209M added.
- The largest Choice Hotels seller in Q4 2019 was AllianceBernstein, an estimated $45.4M sold.
Based on aggregated 13F filings for Q4 2019.