InterContinental Hotels
138 hedge funds and large institutions have $671M invested in InterContinental Hotels in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 34 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
68% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 34
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
39% more capital invested
Capital invested by funds: $484M → $671M (+$188M)
5% more funds holding
Funds holding: 132 → 138 (+6)
0.4% more ownership
Funds ownership: 4.89% → 5.29% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$34M |
| 2 |
Millennium Management
New York
|
+$5.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.14M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.46M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.6M |
| 2 |
JP Morgan Chase
New York
|
-$2.95M |
| 3 |
DGAM
Desjardins Global Asset Management
Montreal,
Quebec, Canada
|
-$2.48M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.56M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$1.23M |
IHG Hedge Fund Activity: Q1 2023 in Review
138 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q1 2023, worth a combined $671M — up 39% from $484M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new IHG positions and 16 closed out — a net gain of 8 holders — while 57 added to existing stakes and 34 trimmed.
The largest buyer was Ceredex Value Advisors, adding an estimated $34M. The largest seller was Fidelity Investments, cutting an estimated $15.6M.
- 138 institutional investors held InterContinental Hotels (IHG) as of Q1 2023, up from 132 in Q4 2022.
- Funds reported $671M of InterContinental Hotels stock for Q1 2023, up 39% quarter-over-quarter.
- 24 funds opened new InterContinental Hotels positions in Q1 2023 and 16 closed out, a net change of +8 holders.
- The largest InterContinental Hotels buyer in Q1 2023 was Ceredex Value Advisors, an estimated $34M added.
- The largest InterContinental Hotels seller in Q1 2023 was Fidelity Investments, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2023.