Chatham Lodging
CLDT
125 hedge funds and large institutions have $460M invested in Chatham Lodging in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 19 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 29
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
37% more capital invested
Capital invested by funds: $336M → $460M (+$124M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more funds holding
Funds holding: 116 → 125 (+9)
2.15% more ownership
Funds ownership: 83.47% → 85.62% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$25M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.33M |
| 3 |
Morgan Stanley
New York
|
+$8.63M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$5.46M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$14M |
| 2 |
Millennium Management
New York
|
-$5.21M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.08M |
| 4 |
FM
Forward Management
San Francisco,
California
|
-$3.13M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.95M |
CLDT Hedge Fund Activity: Q4 2013 in Review
125 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Chatham Lodging (CLDT) for Q4 2013, worth a combined $460M — up 37% from $336M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CLDT positions and 19 closed out — a net gain of 10 holders — while 55 added to existing stakes and 29 trimmed.
The largest buyer was Assured Investment Management, opening a new position worth an estimated $25M. The largest seller was V3 Capital Management, cutting an estimated $14M.
- 125 institutional investors held Chatham Lodging (CLDT) as of Q4 2013, up from 116 in Q3 2013.
- Funds reported $460M of Chatham Lodging stock for Q4 2013, up 37% quarter-over-quarter.
- 29 funds opened new Chatham Lodging positions in Q4 2013 and 19 closed out, a net change of +10 holders.
- The largest Chatham Lodging buyer in Q4 2013 was Assured Investment Management, an estimated $25M added.
- The largest Chatham Lodging seller in Q4 2013 was V3 Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2013.