InterContinental Hotels
IHG
111 hedge funds and large institutions have $780M invested in InterContinental Hotels in 2018 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 28 increasing their positions, 39 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
8% more funds holding
Funds holding: 103 → 111 (+8)
0.67% more ownership
Funds ownership: 6.49% → 7.16% (+0.67%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $818M → $780M (-$37.9M)
28% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.6M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$35.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.12M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.73M |
| 5 |
Two Sigma Investments
New York
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$11.1M |
| 2 |
Renaissance Technologies
New York
|
-$6.95M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$5.27M |
| 4 |
Morgan Stanley
New York
|
-$2.89M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.82M |
IHG Hedge Fund Activity: Q4 2018 in Review
111 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q4 2018, worth a combined $780M — down 4.6% from $818M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IHG positions and 21 closed out — a net gain of 9 holders — while 28 added to existing stakes and 39 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $55.6M. The largest seller was Freestone Capital Holdings, exiting entirely with an estimated $11.1M sold.
- 111 institutional investors held InterContinental Hotels (IHG) as of Q4 2018, up from 103 in Q3 2018.
- Funds reported $780M of InterContinental Hotels stock for Q4 2018, down 4.6% quarter-over-quarter.
- 30 funds opened new InterContinental Hotels positions in Q4 2018 and 21 closed out, a net change of +9 holders.
- The largest InterContinental Hotels buyer in Q4 2018 was Fidelity Investments, an estimated $55.6M added.
- The largest InterContinental Hotels seller in Q4 2018 was Freestone Capital Holdings, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2018.