Choice Hotels
205 hedge funds and large institutions have $2.98B invested in Choice Hotels in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 76 increasing their positions, 67 reducing their positions, and 21 closing their positions.
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
13% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 67
12% more capital invested
Capital invested by funds: $2.65B → $2.98B (+$327M)
4% more funds holding
Funds holding: 198 → 205 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.07% less ownership
Funds ownership: 61.33% → 61.26% (-0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$46.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$46.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$44.4M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$16M |
| 5 |
Morgan Stanley
New York
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$56.2M |
| 2 |
Goldman Sachs
New York
|
-$34.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.5M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$19.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11.1M |
CHH Hedge Fund Activity: Q2 2019 in Review
205 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q2 2019, worth a combined $2.98B — up 12% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CHH positions and 21 closed out — a net gain of 10 holders — while 76 added to existing stakes and 67 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $46.3M. The largest seller was Echo Street Capital Management, cutting an estimated $56.2M.
- 205 institutional investors held Choice Hotels (CHH) as of Q2 2019, up from 198 in Q1 2019.
- Funds reported $2.98B of Choice Hotels stock for Q2 2019, up 12% quarter-over-quarter.
- 31 funds opened new Choice Hotels positions in Q2 2019 and 21 closed out, a net change of +10 holders.
- The largest Choice Hotels buyer in Q2 2019 was Wellington Management Group, an estimated $46.3M added.
- The largest Choice Hotels seller in Q2 2019 was Echo Street Capital Management, an estimated $56.2M sold.
Based on aggregated 13F filings for Q2 2019.