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Choice Hotels

125 hedge funds and large institutions have $1.39B invested in Choice Hotels in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 53 increasing their positions, 39 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more call options, than puts

Call options by funds: $1.98M | Put options by funds: $1.45M

36% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 39

0.33% more ownership

Funds ownership: 50.29%50.62% (+0.33%)

7% less funds holding

Funds holding: 134125 (-9)

12% less capital invested

Capital invested by funds: $1.57B → $1.39B (-$182M)

42% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 19

Holders
125
Holders Change
-9
Holders Change %
-6.72%
% of All Funds
3.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
53
Reduced
39
Closed
19
Calls
$1.98M
Puts
$1.45M
Net Calls
+$530K
Net Calls Change
+$1.17M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$427M +$4.92M +96,121 +1%
BAMCO Inc
2
BAMCO Inc
New York
$248M -$13.7M -268,517 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$105M +$1.27M +24,859 +1%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$71.5M +$76.8M +1,500,581 New
Wellington Management Group
5
Wellington Management Group
Massachusetts
$50.3M +$33M +643,840 +156%
CWAM
6
Columbia Wanger Asset Management
Illinois
$43.4M -$3.03M -59,115 -6%
BIT
7
BlackRock Institutional Trust
California
$42.1M -$920K -17,968 -2%
ACM
8
Atlanta Capital Management
Georgia
$34.7M +$1.15M +22,427 +3%
Invesco
9
Invesco
Georgia
$32.1M -$6.29M -122,893 -15%
BTW
10
Boston Trust Walden
Massachusetts
$26.2M -$1.05M -20,560 -4%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$24.8M +$1.71M +33,439 +7%
State Street
12
State Street
Massachusetts
$21.8M +$143K +2,792 +0.6%
ESCM
13
Echo Street Capital Management
New York
$21.1M +$12.5M +243,464 +122%
Citadel Advisors
14
Citadel Advisors
Florida
$19.4M +$5.35M +104,543 +35%
BFA
15
BlackRock Fund Advisors
California
$15M +$303K +5,921 +2%
Norges Bank
16
Norges Bank
Norway
$13.8M
Northern Trust
17
Northern Trust
Illinois
$10.6M +$736K +14,369 +7%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$10M +$745K +14,546 +7%
Renaissance Technologies
19
Renaissance Technologies
New York
$9.31M -$7.81M -152,600 -44%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$9.18M +$91.9K +1,794 +0.9%
State of Wisconsin Investment Board
21
State of Wisconsin Investment Board
Wisconsin
$9.04M -$44.5K -870 -0.5%
Los Angeles Capital Management
22
Los Angeles Capital Management
California
$8.97M +$432K +8,436 +5%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$7.92M +$5.28M +103,200 +164%
Jacobs Levy Equity Management
24
Jacobs Levy Equity Management
New Jersey
$7.78M -$11.3K -220 -0.1%
TCIM
25
TIAA CREF Investment Management
New York
$7.54M -$312K -6,084 -4%

CHH Hedge Fund Activity: Q3 2015 in Review

125 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2015, worth a combined $1.39B — down 12% from $1.57B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of CHH and 11 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 53 added.

The largest buyer was Wellington Management Group, adding an estimated $33M. The largest seller was William Blair & Company, cutting an estimated $71.7M.

  • 125 institutional investors held Choice Hotels (CHH) as of Q3 2015, down from 134 in Q2 2015.
  • Funds reported $1.39B of Choice Hotels stock for Q3 2015, down 12% quarter-over-quarter.
  • 11 funds opened new Choice Hotels positions in Q3 2015 and 19 closed out, a net change of -8 holders.
  • The largest Choice Hotels buyer in Q3 2015 was Wellington Management Group, an estimated $33M added.
  • The largest Choice Hotels seller in Q3 2015 was William Blair & Company, an estimated $71.7M sold.

Based on aggregated 13F filings for Q3 2015.