Choice Hotels
242 hedge funds and large institutions have $2.79B invested in Choice Hotels in 2020 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 80 increasing their positions, 88 reducing their positions, and 33 closing their positions.
18% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 33
7% more capital invested
Capital invested by funds: $2.6B → $2.79B (+$195M)
3% more funds holding
Funds holding: 236 → 242 (+6)
0.76% less ownership
Funds ownership: 59.5% → 58.74% (-0.76%)
9% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 88
68% less call options, than puts
Call options by funds: $241K | Put options by funds: $748K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$31.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.7M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$16.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$28.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.9M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$25.6M |
| 4 |
TIM
Tikehau Investment Management
Paris,
France
|
-$21.8M |
| 5 |
KBC Group
Brussels,
Belgium
|
-$18.3M |
CHH Hedge Fund Activity: Q3 2020 in Review
242 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2020, worth a combined $2.79B — up 7.5% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CHH positions and 33 closed out — a net gain of 6 holders — while 80 added to existing stakes and 88 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $31.8M. The largest seller was BlackRock, cutting an estimated $28.6M.
- 242 institutional investors held Choice Hotels (CHH) as of Q3 2020, up from 236 in Q2 2020.
- Funds reported $2.79B of Choice Hotels stock for Q3 2020, up 7.5% quarter-over-quarter.
- 39 funds opened new Choice Hotels positions in Q3 2020 and 33 closed out, a net change of +6 holders.
- The largest Choice Hotels buyer in Q3 2020 was Lord, Abbett & Co, an estimated $31.8M added.
- The largest Choice Hotels seller in Q3 2020 was BlackRock, an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2020.