Choice Hotels
134 hedge funds and large institutions have $1.57B invested in Choice Hotels in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 56 increasing their positions, 36 reducing their positions, and 21 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 36
0.43% more ownership
Funds ownership: 49.87% → 50.29% (+0.43%)
2% less funds holding
Funds holding: 137 → 134 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
14% less capital invested
Capital invested by funds: $1.83B → $1.57B (-$263M)
57% less call options, than puts
Call options by funds: $472K | Put options by funds: $1.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$20.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.2M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$11.7M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$8.09M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
-$35.5M |
| 2 |
BAMCO Inc
New York
|
-$7.96M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.42M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.09M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Creative Planning
Overland Park,
Kansas
| – | -$51K | -800 | Closed |
|
|
PCM
152
Prelude Capital Management
New York
| – | -$38K | -600 | Closed |
|
|
WT
153
Whittier Trust
South Pasadena,
California
| – | -$17K | -261 | Closed |
|
|
SSB
154
Sandy Spring Bank
Olney,
Maryland
| – | -$14K | -225 | Closed |
|
|
PIA
155
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$2.18K | -34 | Closed |
|
CHH Hedge Fund Activity: Q2 2015 in Review
134 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q2 2015, worth a combined $1.57B — down 14% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CHH and 18 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 56 added.
The largest buyer was William Blair & Company, adding an estimated $20.8M. The largest seller was Fundsmith LLP, exiting entirely with an estimated $35.5M sold.
- 134 institutional investors held Choice Hotels (CHH) as of Q2 2015, down from 137 in Q1 2015.
- Funds reported $1.57B of Choice Hotels stock for Q2 2015, down 14% quarter-over-quarter.
- 18 funds opened new Choice Hotels positions in Q2 2015 and 21 closed out, a net change of -3 holders.
- The largest Choice Hotels buyer in Q2 2015 was William Blair & Company, an estimated $20.8M added.
- The largest Choice Hotels seller in Q2 2015 was Fundsmith LLP, an estimated $35.5M sold.
Based on aggregated 13F filings for Q2 2015.