Choice Hotels
193 hedge funds and large institutions have $2.66B invested in Choice Hotels in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
99% more call options, than puts
Call options by funds: $3.33M | Put options by funds: $1.67M
13% more capital invested
Capital invested by funds: $2.35B → $2.66B (+$305M)
12% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 60
1.43% more ownership
Funds ownership: 55.06% → 56.49% (+1.4%)
7% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 30
1% more funds holding
Funds holding: 192 → 193 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$79.1M |
| 2 |
Morgan Stanley
New York
|
+$21.1M |
| 3 |
EIP
Epoch Investment Partners
New York
|
+$17.2M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$15.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$24.6M |
| 2 |
Renaissance Technologies
New York
|
-$23.1M |
| 3 |
TA
Teachers Advisors
New York
|
-$21.4M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$21M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$15.3M |
CHH Hedge Fund Activity: Q3 2018 in Review
193 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q3 2018, worth a combined $2.66B — up 13% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CHH positions and 30 closed out — a net gain of 2 holders — while 67 added to existing stakes and 60 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $79.1M. The largest seller was Long Pond Capital, exiting entirely with an estimated $24.6M sold.
- 193 institutional investors held Choice Hotels (CHH) as of Q3 2018, up from 192 in Q2 2018.
- Funds reported $2.66B of Choice Hotels stock for Q3 2018, up 13% quarter-over-quarter.
- 32 funds opened new Choice Hotels positions in Q3 2018 and 30 closed out, a net change of +2 holders.
- The largest Choice Hotels buyer in Q3 2018 was Atlanta Capital Management, an estimated $79.1M added.
- The largest Choice Hotels seller in Q3 2018 was Long Pond Capital, an estimated $24.6M sold.
Based on aggregated 13F filings for Q3 2018.