InterContinental Hotels
87 hedge funds and large institutions have $410M invested in InterContinental Hotels in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 36 reducing their positions, and 20 closing their positions.
0.31% more ownership
Funds ownership: 4.86% → 5.17% (+0.31%)
7% less funds holding
Funds holding: 94 → 87 (-7)
14% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 36
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
33% less capital invested
Capital invested by funds: $615M → $410M (-$205M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$39M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.67M |
| 3 |
Renaissance Technologies
New York
|
+$3.18M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.05M |
| 5 |
JP Morgan Chase
New York
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$135M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.29M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$2.64M |
| 4 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$1.68M |
| 5 |
Morgan Stanley
New York
|
-$1.38M |
IHG Hedge Fund Activity: Q2 2016 in Review
87 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q2 2016, worth a combined $410M — down 33% from $615M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of IHG and 14 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 31 added.
The largest buyer was Fidelity Investments, adding an estimated $39M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $135M sold.
- 87 institutional investors held InterContinental Hotels (IHG) as of Q2 2016, down from 94 in Q1 2016.
- Funds reported $410M of InterContinental Hotels stock for Q2 2016, down 33% quarter-over-quarter.
- 14 funds opened new InterContinental Hotels positions in Q2 2016 and 20 closed out, a net change of -6 holders.
- The largest InterContinental Hotels buyer in Q2 2016 was Fidelity Investments, an estimated $39M added.
- The largest InterContinental Hotels seller in Q2 2016 was Vulcan Value Partners, an estimated $135M sold.
Based on aggregated 13F filings for Q2 2016.