Choice Hotels
195 hedge funds and large institutions have $2.36B invested in Choice Hotels in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 65 reducing their positions, and 22 closing their positions.
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
2.44% more ownership
Funds ownership: 56.49% → 58.94% (+2.4%)
1% more funds holding
Funds holding: 193 → 195 (+2)
3% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 65
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less capital invested
Capital invested by funds: $2.66B → $2.36B (-$301M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$109M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$23.2M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$11.8M |
| 4 |
O
OppenheimerFunds
New York
|
+$8.84M |
| 5 |
Man Group
London,
United Kingdom
|
+$7.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$51.8M |
| 2 |
Goldman Sachs
New York
|
-$20.5M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$15.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.4M |
| 5 |
Morgan Stanley
New York
|
-$9.93M |
CHH Hedge Fund Activity: Q4 2018 in Review
195 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2018, worth a combined $2.36B — down 11% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CHH positions and 22 closed out — a net gain of 4 holders — while 67 added to existing stakes and 65 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $109M. The largest seller was Renaissance Technologies, cutting an estimated $51.8M.
- 195 institutional investors held Choice Hotels (CHH) as of Q4 2018, up from 193 in Q3 2018.
- Funds reported $2.36B of Choice Hotels stock for Q4 2018, down 11% quarter-over-quarter.
- 26 funds opened new Choice Hotels positions in Q4 2018 and 22 closed out, a net change of +4 holders.
- The largest Choice Hotels buyer in Q4 2018 was Atlanta Capital Management, an estimated $109M added.
- The largest Choice Hotels seller in Q4 2018 was Renaissance Technologies, an estimated $51.8M sold.
Based on aggregated 13F filings for Q4 2018.