Choice Hotels
194 hedge funds and large institutions have $2.27B invested in Choice Hotels in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 57 increasing their positions, 58 reducing their positions, and 25 closing their positions.
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
22% more capital invested
Capital invested by funds: $1.87B → $2.27B (+$407M)
13% more funds holding
Funds holding: 172 → 194 (+22)
6% more call options, than puts
Call options by funds: $287K | Put options by funds: $272K
0.08% more ownership
Funds ownership: 51.72% → 51.81% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$32.2M |
| 2 |
Renaissance Technologies
New York
|
+$25.5M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$16.3M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
+$11.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$36.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$14.1M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$13.8M |
| 4 |
Millennium Management
New York
|
-$9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.76M |
CHH Hedge Fund Activity: Q4 2017 in Review
194 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2017, worth a combined $2.27B — up 22% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CHH positions and 25 closed out — a net gain of 22 holders — while 57 added to existing stakes and 58 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $32.2M. The largest seller was Vulcan Value Partners, cutting an estimated $36.5M.
- 194 institutional investors held Choice Hotels (CHH) as of Q4 2017, up from 172 in Q3 2017.
- Funds reported $2.27B of Choice Hotels stock for Q4 2017, up 22% quarter-over-quarter.
- 47 funds opened new Choice Hotels positions in Q4 2017 and 25 closed out, a net change of +22 holders.
- The largest Choice Hotels buyer in Q4 2017 was Goldman Sachs, an estimated $32.2M added.
- The largest Choice Hotels seller in Q4 2017 was Vulcan Value Partners, an estimated $36.5M sold.
Based on aggregated 13F filings for Q4 2017.