Chatham Lodging
CLDT
124 hedge funds and large institutions have $529M invested in Chatham Lodging in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 41 reducing their positions, and 17 closing their positions.
25% more call options, than puts
Call options by funds: $55K | Put options by funds: $44K
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $476M → $529M (+$52.9M)
2.56% more ownership
Funds ownership: 89.28% → 91.84% (+2.6%)
1% more funds holding
Funds holding: 123 → 124 (+1)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
17% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$17M |
| 3 |
Millennium Management
New York
|
+$13.4M |
| 4 |
Renaissance Technologies
New York
|
+$6.34M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$26.5M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$11.1M |
| 3 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$6.18M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.86M |
| 5 |
LCS
Levin Capital Strategies
New York
|
-$5.86M |
CLDT Hedge Fund Activity: Q2 2014 in Review
124 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Chatham Lodging (CLDT) for Q2 2014, worth a combined $529M — up 11% from $476M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CLDT positions and 17 closed out — a net gain of 2 holders — while 34 added to existing stakes and 41 trimmed.
The largest buyer was Vanguard Group, adding an estimated $42.8M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $26.5M sold.
- 124 institutional investors held Chatham Lodging (CLDT) as of Q2 2014, up from 123 in Q1 2014.
- Funds reported $529M of Chatham Lodging stock for Q2 2014, up 11% quarter-over-quarter.
- 19 funds opened new Chatham Lodging positions in Q2 2014 and 17 closed out, a net change of +2 holders.
- The largest Chatham Lodging buyer in Q2 2014 was Vanguard Group, an estimated $42.8M added.
- The largest Chatham Lodging seller in Q2 2014 was HG Vora Capital Management, an estimated $26.5M sold.
Based on aggregated 13F filings for Q2 2014.