Choice Hotels
329 hedge funds and large institutions have $4.17B invested in Choice Hotels in 2024 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 101 increasing their positions, 122 reducing their positions, and 59 closing their positions.
67% more call options, than puts
Call options by funds: $46.2M | Put options by funds: $27.6M
13% more capital invested
Capital invested by funds: $3.7B → $4.17B (+$468M)
0.98% more ownership
Funds ownership: 65.65% → 66.64% (+0.98%)
8% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 59
2% less funds holding
Funds holding: 336 → 329 (-7)
17% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 122
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$113M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
+$90.5M |
| 3 |
Morgan Stanley
New York
|
+$34.2M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$33.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$108M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$33.5M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$26.6M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$18.9M |
| 5 |
Millennium Management
New York
|
-$17.9M |
CHH Hedge Fund Activity: Q1 2024 in Review
329 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2024, worth a combined $4.17B — up 13% from $3.7B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of CHH and 54 opened new positions — a net loss of 5 holders — while 122 trimmed existing stakes and 101 added.
The largest buyer was Victory Capital Management, adding an estimated $113M. The largest seller was Balyasny Asset Management, cutting an estimated $108M.
- 329 institutional investors held Choice Hotels (CHH) as of Q1 2024, down from 336 in Q4 2023.
- Funds reported $4.17B of Choice Hotels stock for Q1 2024, up 13% quarter-over-quarter.
- 54 funds opened new Choice Hotels positions in Q1 2024 and 59 closed out, a net change of -5 holders.
- The largest Choice Hotels buyer in Q1 2024 was Victory Capital Management, an estimated $113M added.
- The largest Choice Hotels seller in Q1 2024 was Balyasny Asset Management, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2024.