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Choice Hotels

123 hedge funds and large institutions have $1.46B invested in Choice Hotels in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 42 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

312% more call options, than puts

Call options by funds: $1.63M | Put options by funds: $395K

90% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 10

12% more capital invested

Capital invested by funds: $1.31B → $1.46B (+$157M)

7% more funds holding

Funds holding: 115123 (+8)

0.68% more ownership

Funds ownership: 47.54%48.22% (+0.68%)

5% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 42

Holders
123
Holders Change
+8
Holders Change %
+6.96%
% of All Funds
3.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
40
Reduced
42
Closed
10
Calls
$1.63M
Puts
$395K
Net Calls
+$1.23M
Net Calls Change
+$1.18M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$440M +$3.57M +70,710 +0.8%
BAMCO Inc
2
BAMCO Inc
New York
$292M -$3.31M -65,491 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$89.9M +$710K +14,057 +0.8%
CWAM
4
Columbia Wanger Asset Management
Illinois
$67.2M -$13.4M -266,000 -17%
Fundsmith LLP
5
Fundsmith LLP
United Kingdom
$63.5M -$10.6M -210,466 -15%
BIT
6
BlackRock Institutional Trust
California
$49.4M +$1.15M +22,804 +2%
Invesco
7
Invesco
Georgia
$48.3M +$11.9M +235,698 +34%
William Blair & Company
8
William Blair & Company
Illinois
$44.3M +$37.1M +734,758 +624%
ACM
9
Atlanta Capital Management
Georgia
$34.8M -$963K -19,063 -3%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$26.4M -$11.8M -233,485 -32%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$23.3M +$847K +16,774 +4%
State Street
12
State Street
Massachusetts
$23.3M +$3.78M +74,946 +20%
BTW
13
Boston Trust Walden
Massachusetts
$17.9M +$17.4M +344,094 New
Citadel Advisors
14
Citadel Advisors
Florida
$17.9M -$2.76M -54,622 -14%
Norges Bank
15
Norges Bank
Norway
$16.8M -$12.2M -242,175 -43%
BFA
16
BlackRock Fund Advisors
California
$14.3M +$276K +5,472 +2%
Jacobs Levy Equity Management
17
Jacobs Levy Equity Management
New Jersey
$12M -$331K -6,560 -3%
State of Wisconsin Investment Board
18
State of Wisconsin Investment Board
Wisconsin
$11.7M +$9.09K +180 +0.1%
Renaissance Technologies
19
Renaissance Technologies
New York
$11.6M +$545K +10,800 +5%
Northern Trust
20
Northern Trust
Illinois
$10.7M +$465K +9,201 +5%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$10.2M +$540K +10,688 +6%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$10.2M +$37.5K +742 +0.4%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$8.98M +$43.4K +860 +0.5%
TCIM
24
TIAA CREF Investment Management
New York
$8.9M +$903K +17,889 +12%
RFC
25
Russell Frank Company
Washington
$7.32M +$2.68M +53,131 +61%

CHH Hedge Fund Activity: Q3 2014 in Review

123 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2014, worth a combined $1.46B — up 12% from $1.31B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new CHH positions and 10 closed out — a net gain of 9 holders — while 40 added to existing stakes and 42 trimmed.

The largest buyer was William Blair & Company, adding an estimated $37.1M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $13.4M.

  • 123 institutional investors held Choice Hotels (CHH) as of Q3 2014, up from 115 in Q2 2014.
  • Funds reported $1.46B of Choice Hotels stock for Q3 2014, up 12% quarter-over-quarter.
  • 19 funds opened new Choice Hotels positions in Q3 2014 and 10 closed out, a net change of +9 holders.
  • The largest Choice Hotels buyer in Q3 2014 was William Blair & Company, an estimated $37.1M added.
  • The largest Choice Hotels seller in Q3 2014 was Columbia Wanger Asset Management, an estimated $13.4M sold.

Based on aggregated 13F filings for Q3 2014.