InterContinental Hotels
87 hedge funds and large institutions have $382M invested in InterContinental Hotels in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 13 closing their positions.
716% more call options, than puts
Call options by funds: $3.1M | Put options by funds: $380K
5% more capital invested
Capital invested by funds: $363M → $382M (+$18.5M)
0.07% more ownership
Funds ownership: 3.5% → 3.57% (+0.07%)
0% more funds holding
Funds holding: 87 → 87 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$28.6M |
| 2 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
+$8.26M |
| 3 |
IGM
Incline Global Management
New York
|
+$4.63M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.61M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$11.1M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$7.36M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.05M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.28M |
| 5 |
Two Sigma Investments
New York
|
-$2.7M |
IHG Hedge Fund Activity: Q3 2013 in Review
87 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q3 2013, worth a combined $382M — up 5.1% from $363M a quarter earlier.
Fund positioning in IHG was balanced in Q3 2013: 13 funds opened new positions, 13 closed out, 28 added to existing stakes and 31 trimmed.
The largest buyer was Vulcan Value Partners, adding an estimated $28.6M. The largest seller was ING Group, exiting entirely with an estimated $11.1M sold.
- 87 institutional investors held InterContinental Hotels (IHG) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $382M of InterContinental Hotels stock for Q3 2013, up 5.1% quarter-over-quarter.
- 13 funds opened new InterContinental Hotels positions in Q3 2013 and 13 closed out, a net change of 0 holders.
- The largest InterContinental Hotels buyer in Q3 2013 was Vulcan Value Partners, an estimated $28.6M added.
- The largest InterContinental Hotels seller in Q3 2013 was ING Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2013.