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Choice Hotels

322 hedge funds and large institutions have $4.1B invested in Choice Hotels in 2023 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 96 increasing their positions, 105 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 36

30% more call options, than puts

Call options by funds: $5.54M | Put options by funds: $4.24M

12% more capital invested

Capital invested by funds: $3.65B → $4.1B (+$446M)

11% more funds holding

Funds holding: 289322 (+33)

8.25% more ownership

Funds ownership: 60.55%68.8% (+8.3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 105

Holders
322
Holders Change
+33
Holders Change %
+11.42%
% of All Funds
5.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
69
Increased
96
Reduced
105
Closed
36
Calls
$5.54M
Puts
$4.24M
Net Calls
+$1.29M
Net Calls Change
-$512K
Name Holding Trade Value Shares
Change
Change in
Stake
PWG
201
Portside Wealth Group
Utah
$408K +$417K +3,472 New
Prudential Financial
202
Prudential Financial
New Jersey
$400K +$123K +1,027 +43%
TI
203
Tidal Investments
Wisconsin
$399K +$11.1K +92 +3%
PTC
204
Petrus Trust Company
Texas
$397K +$406K +3,377 New
BTWM
205
Baker Tilly Wealth Management
Wisconsin
$382K +$54.4K +453 +16%
RJFSA
206
Raymond James Financial Services Advisors
Florida
$381K -$105K -874 -21%
NP
207
Nilsine Partners
Colorado
$381K
CG
208
Caprock Group
Idaho
$378K -$841 -7 -0.2%
HS
209
Hazelview Securities
Ontario, Canada
$375K +$384K +3,200 New
Russell Investments Group
210
Russell Investments Group
United Kingdom
$374K
PRC
211
Pearl River Capital
Michigan
$359K -$252K -2,098 -41%
Squarepoint
212
Squarepoint
New York
$358K -$625K -5,207 -63%
IWA
213
Intercontinental Wealth Advisors
Texas
$353K +$361K +3,002 New
KAS
214
Kestra Advisory Services
Texas
$343K +$351K +2,919 New
Neuberger Berman Group
215
Neuberger Berman Group
New York
$338K +$7.93K +66 +2%
BMWM
216
Brown Miller Wealth Management
Virginia
$337K
CI Investments Inc
217
CI Investments Inc
Ontario, Canada
$337K -$67.4K -561 -16%
SC
218
Savant Capital
Illinois
$333K +$4.08K +34 +1%
PA
219
Procyon Advisors
Connecticut
$327K
SAM
220
Shell Asset Management
Netherlands
$323K -$1.92K -16 -0.6%
Baird Financial Group
221
Baird Financial Group
Wisconsin
$319K +$120 +1 +0%
PFPT
222
Pinnacle Financial Partners (Tennessee)
Tennessee
$318K -$76K -633 -19%
BCWM
223
Bartlett & Co Wealth Management
Ohio
$317K
BC
224
Bartlett & Co
Ohio
$317K
ML
225
McAdam LLC
Pennsylvania
$308K

CHH Hedge Fund Activity: Q2 2023 in Review

322 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q2 2023, worth a combined $4.1B — up 12% from $3.65B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new CHH positions and 36 closed out — a net gain of 33 holders — while 96 added to existing stakes and 105 trimmed.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $242M. The largest seller was AllianceBernstein, cutting an estimated $21.9M.

  • 322 institutional investors held Choice Hotels (CHH) as of Q2 2023, up from 289 in Q1 2023.
  • Funds reported $4.1B of Choice Hotels stock for Q2 2023, up 12% quarter-over-quarter.
  • 69 funds opened new Choice Hotels positions in Q2 2023 and 36 closed out, a net change of +33 holders.
  • The largest Choice Hotels buyer in Q2 2023 was Kayne Anderson Rudnick Investment Management, an estimated $242M added.
  • The largest Choice Hotels seller in Q2 2023 was AllianceBernstein, an estimated $21.9M sold.

Based on aggregated 13F filings for Q2 2023.