Choice Hotels
178 hedge funds and large institutions have $1.76B invested in Choice Hotels in 2017 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 58 increasing their positions, 42 reducing their positions, and 17 closing their positions.
182% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 17
38% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 42
17% more funds holding
Funds holding: 152 → 178 (+26)
15% more capital invested
Capital invested by funds: $1.53B → $1.76B (+$230M)
1.23% more ownership
Funds ownership: 48.77% → 50.01% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
75% less call options, than puts
Call options by funds: $964K | Put options by funds: $3.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$131M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$47.9M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$37.6M |
| 4 |
Renaissance Technologies
New York
|
+$18.8M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$107M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$18.2M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$11.6M |
| 4 |
Morgan Stanley
New York
|
-$5.92M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.92M |
CHH Hedge Fund Activity: Q1 2017 in Review
178 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2017, worth a combined $1.76B — up 15% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CHH positions and 17 closed out — a net gain of 31 holders — while 58 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $131M. The largest seller was T. Rowe Price Associates, cutting an estimated $107M.
- 178 institutional investors held Choice Hotels (CHH) as of Q1 2017, up from 152 in Q4 2016.
- Funds reported $1.76B of Choice Hotels stock for Q1 2017, up 15% quarter-over-quarter.
- 48 funds opened new Choice Hotels positions in Q1 2017 and 17 closed out, a net change of +31 holders.
- The largest Choice Hotels buyer in Q1 2017 was BlackRock, an estimated $131M added.
- The largest Choice Hotels seller in Q1 2017 was T. Rowe Price Associates, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2017.