InterContinental Hotels
124 hedge funds and large institutions have $749M invested in InterContinental Hotels in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 27 reducing their positions, and 15 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 27
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
47% more call options, than puts
Call options by funds: $306K | Put options by funds: $208K
7% more funds holding
Funds holding: 116 → 124 (+8)
0.3% less ownership
Funds ownership: 6.4% → 6.1% (-0.3%)
7% less capital invested
Capital invested by funds: $802M → $749M (-$53.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$112M |
| 2 |
Renaissance Technologies
New York
|
+$19.4M |
| 3 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
+$9.71M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.44M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$134M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.2M |
| 3 |
Citigroup
New York
|
-$8.85M |
| 4 |
EA
Edge Advisors
Atlanta,
Georgia
|
-$3.58M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$3.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Jane Street
New York
| – | -$1.78M | -26,686 | Closed |
|
|
MCM
127
McKinley Capital Management
Anchorage,
Alaska
| – | -$807K | -12,071 | Closed |
|
128
Wolverine Trading
Chicago,
Illinois
| – | -$562K | -8,405 | Closed |
|
129
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$396K | -5,831 | Closed |
|
|
GAM
130
Gotham Asset Management
New York
| – | -$224K | -3,354 | Closed |
|
|
PG
131
PEAK6 Group
Chicago,
Illinois
| – | -$38K | -566 | Closed |
|
|
STA
132
Summit Trail Advisors
New York
| – | -$36K | -500 | Closed |
|
|
MCM
133
Mainstay Capital Management
Grand Blanc,
Michigan
| – | -$17K | -259 | Closed |
|
|
WA
134
Winfield Associates
Cleveland,
Ohio
| – | -$2K | -29 | Closed |
|
|
RPC
135
Rossmore Private Capital
Glastonbury,
Connecticut
| – | -$889 | -13 | Closed |
|
136
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -11 | Closed |
|
|
AC
137
Avestar Capital
New York
| – | +$475 | +7 | New |
|
IHG Hedge Fund Activity: Q1 2018 in Review
124 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q1 2018, worth a combined $749M — down 6.6% from $802M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IHG positions and 15 closed out — a net gain of 8 holders — while 52 added to existing stakes and 27 trimmed.
The largest buyer was Capital International Investors, adding an estimated $112M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $134M sold.
- 124 institutional investors held InterContinental Hotels (IHG) as of Q1 2018, up from 116 in Q4 2017.
- Funds reported $749M of InterContinental Hotels stock for Q1 2018, down 6.6% quarter-over-quarter.
- 23 funds opened new InterContinental Hotels positions in Q1 2018 and 15 closed out, a net change of +8 holders.
- The largest InterContinental Hotels buyer in Q1 2018 was Capital International Investors, an estimated $112M added.
- The largest InterContinental Hotels seller in Q1 2018 was Vulcan Value Partners, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2018.