Chatham Lodging
CLDT
143 hedge funds and large institutions have $632M invested in Chatham Lodging in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 47 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
3% more funds holding
Funds holding: 139 → 143 (+4)
2.26% less ownership
Funds ownership: 85.11% → 82.85% (-2.3%)
6% less capital invested
Capital invested by funds: $672M → $632M (-$39.9M)
11% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 47
23% less call options, than puts
Call options by funds: $1.77M | Put options by funds: $2.29M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$69.9M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$5.3M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$4.78M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.06M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$15.8M |
| 2 |
Jennison Associates
New York
|
-$5.08M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$4.26M |
| 4 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
-$4.02M |
| 5 |
Renaissance Technologies
New York
|
-$2.91M |
CLDT Hedge Fund Activity: Q1 2017 in Review
143 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Chatham Lodging (CLDT) for Q1 2017, worth a combined $632M — down 5.9% from $672M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CLDT positions and 12 closed out — a net gain of 11 holders — while 42 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $69.9M. The largest seller was AEW Capital Management, cutting an estimated $15.8M.
- 143 institutional investors held Chatham Lodging (CLDT) as of Q1 2017, up from 139 in Q4 2016.
- Funds reported $632M of Chatham Lodging stock for Q1 2017, down 5.9% quarter-over-quarter.
- 23 funds opened new Chatham Lodging positions in Q1 2017 and 12 closed out, a net change of +11 holders.
- The largest Chatham Lodging buyer in Q1 2017 was BlackRock, an estimated $69.9M added.
- The largest Chatham Lodging seller in Q1 2017 was AEW Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2017.