Choice Hotels
336 hedge funds and large institutions have $3.7B invested in Choice Hotels in 2023 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 85 increasing their positions, 139 reducing their positions, and 49 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 49
2% more funds holding
Funds holding: 331 → 336 (+5)
3.5% less ownership
Funds ownership: 69.16% → 65.65% (-3.5%)
13% less capital invested
Capital invested by funds: $4.27B → $3.7B (-$565M)
20% less call options, than puts
Call options by funds: $4.83M | Put options by funds: $6.05M
39% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$63.4M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$33.7M |
| 3 |
Two Sigma Advisers
New York
|
+$28.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$28.5M |
| 5 |
Two Sigma Investments
New York
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$96M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$80.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$53M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.1M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$41.6M |
CHH Hedge Fund Activity: Q4 2023 in Review
336 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q4 2023, worth a combined $3.7B — down 13% from $4.27B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CHH positions and 49 closed out — a net gain of 12 holders — while 85 added to existing stakes and 139 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $63.4M. The largest seller was Congress Asset Management, cutting an estimated $96M.
- 336 institutional investors held Choice Hotels (CHH) as of Q4 2023, up from 331 in Q3 2023.
- Funds reported $3.7B of Choice Hotels stock for Q4 2023, down 13% quarter-over-quarter.
- 61 funds opened new Choice Hotels positions in Q4 2023 and 49 closed out, a net change of +12 holders.
- The largest Choice Hotels buyer in Q4 2023 was Balyasny Asset Management, an estimated $63.4M added.
- The largest Choice Hotels seller in Q4 2023 was Congress Asset Management, an estimated $96M sold.
Based on aggregated 13F filings for Q4 2023.