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Choice Hotels

117 hedge funds and large institutions have $1.28B invested in Choice Hotels in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

40% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 30

7% more funds holding

Funds holding: 109117 (+8)

3.12% more ownership

Funds ownership: 44.26%47.38% (+3.1%)

0% more capital invested

Capital invested by funds: $1.27B → $1.28B (+$3.8M)

98% less call options, than puts

Call options by funds: $9K | Put options by funds: $450K

Holders
117
Holders Change
+8
Holders Change %
+7.34%
% of All Funds
3.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
42
Reduced
30
Closed
14
Calls
$9K
Puts
$450K
Net Calls
-$441K
Net Calls Change
-$898K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$407M +$61.5M +1,275,300 +17%
BAMCO Inc
2
BAMCO Inc
New York
$261M +$324K +6,722 +0.1%
CWAM
3
Columbia Wanger Asset Management
Illinois
$89.8M -$31.1M -646,000 -25%
Vanguard Group
4
Vanguard Group
Pennsylvania
$77.1M -$1.38M -28,720 -2%
BIT
5
BlackRock Institutional Trust
California
$44.6M +$6.82M +141,395 +17%
Fundsmith LLP
6
Fundsmith LLP
United Kingdom
$39.9M -$26.1M -540,470 -38%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$34.5M -$365K -7,572 -1%
Invesco
8
Invesco
Georgia
$32.2M -$1.29M -26,713 -4%
ACM
9
Atlanta Capital Management
Georgia
$32.2M -$4.82K -100 -0%
Deutsche Bank
10
Deutsche Bank
Germany
$21.7M +$22.1M +459,286 +3,470%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$17.2M +$3.21M +66,558 +22%
State Street
12
State Street
Massachusetts
$16.5M +$1.6M +33,228 +10%
Citadel Advisors
13
Citadel Advisors
Florida
$14.7M +$5.35M +110,898 +53%
Norges Bank
14
Norges Bank
Norway
$13M
State of Wisconsin Investment Board
15
State of Wisconsin Investment Board
Wisconsin
$10.6M +$6.27K +130 +0.1%
Renaissance Technologies
16
Renaissance Technologies
New York
$10.5M +$5.06M +105,000 +86%
BFA
17
BlackRock Fund Advisors
California
$9.77M +$188K +3,910 +2%
Northern Trust
18
Northern Trust
Illinois
$8.75M -$237K -4,925 -3%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$8.14M +$451K +9,349 +6%
PRCM
20
Pine River Capital Management
Minnesota
$8.05M +$8.44M +175,000 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$7.36M +$98.8K +2,049 +1%
TCIM
22
TIAA CREF Investment Management
New York
$6.71M +$332K +6,886 +5%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$5.23M +$2.07M +43,000 +58%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$5.22M +$4.06M +84,318 +288%
MAA
25
Managed Account Advisors
New Jersey
$5.16M -$331K -6,859 -6%

CHH Hedge Fund Activity: Q1 2014 in Review

117 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2014, worth a combined $1.28B — up 0.3% from $1.27B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new CHH positions and 14 closed out — a net gain of 8 holders — while 42 added to existing stakes and 30 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $61.5M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $31.1M.

  • 117 institutional investors held Choice Hotels (CHH) as of Q1 2014, up from 109 in Q4 2013.
  • Funds reported $1.28B of Choice Hotels stock for Q1 2014, up 0.3% quarter-over-quarter.
  • 22 funds opened new Choice Hotels positions in Q1 2014 and 14 closed out, a net change of +8 holders.
  • The largest Choice Hotels buyer in Q1 2014 was T. Rowe Price Associates, an estimated $61.5M added.
  • The largest Choice Hotels seller in Q1 2014 was Columbia Wanger Asset Management, an estimated $31.1M sold.

Based on aggregated 13F filings for Q1 2014.