Choice Hotels
309 hedge funds and large institutions have $3.57B invested in Choice Hotels in 2022 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 88 increasing their positions, 121 reducing their positions, and 34 closing their positions.
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
3% more funds holding
Funds holding: 299 → 309 (+10)
2.72% less ownership
Funds ownership: 61.08% → 58.36% (-2.7%)
6% less capital invested
Capital invested by funds: $3.81B → $3.57B (-$245M)
27% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 121
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
86% less call options, than puts
Call options by funds: $2.7M | Put options by funds: $19.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$42.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$35.9M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$22M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.1M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$150M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$39.5M |
| 3 |
Goldman Sachs
New York
|
-$34.5M |
| 4 |
BlackRock
New York
|
-$31.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.1M |
CHH Hedge Fund Activity: Q3 2022 in Review
309 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2022, worth a combined $3.57B — down 6.4% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CHH positions and 34 closed out — a net gain of 11 holders — while 88 added to existing stakes and 121 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $42.8M. The largest seller was Invesco, cutting an estimated $150M.
- 309 institutional investors held Choice Hotels (CHH) as of Q3 2022, up from 299 in Q2 2022.
- Funds reported $3.57B of Choice Hotels stock for Q3 2022, down 6.4% quarter-over-quarter.
- 45 funds opened new Choice Hotels positions in Q3 2022 and 34 closed out, a net change of +11 holders.
- The largest Choice Hotels buyer in Q3 2022 was Millennium Management, an estimated $42.8M added.
- The largest Choice Hotels seller in Q3 2022 was Invesco, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2022.