InterContinental Hotels
85 hedge funds and large institutions have $482M invested in InterContinental Hotels in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 17 closing their positions.
1,102% more call options, than puts
Call options by funds: $3.23M | Put options by funds: $269K
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 4.16% → 4.06% (-0.09%)
6% less capital invested
Capital invested by funds: $511M → $482M (-$28.7M)
7% less funds holding
Funds holding: 91 → 85 (-6)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.4M |
| 2 |
AG
Aperio Group
Sausalito,
California
|
+$5.72M |
| 3 |
Morgan Stanley
New York
|
+$4.6M |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
+$3.45M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$37.8M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
-$3.87M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.33M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$2.79M |
| 5 |
HS
HighVista Strategies
Boston,
Massachusetts
|
-$2.65M |
IHG Hedge Fund Activity: Q1 2014 in Review
85 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q1 2014, worth a combined $482M — down 5.6% from $511M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IHG and 12 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 30 added.
The largest buyer was Fidelity Investments, adding an estimated $31.4M. The largest seller was Vulcan Value Partners, cutting an estimated $37.8M.
- 85 institutional investors held InterContinental Hotels (IHG) as of Q1 2014, down from 91 in Q4 2013.
- Funds reported $482M of InterContinental Hotels stock for Q1 2014, down 5.6% quarter-over-quarter.
- 12 funds opened new InterContinental Hotels positions in Q1 2014 and 17 closed out, a net change of -5 holders.
- The largest InterContinental Hotels buyer in Q1 2014 was Fidelity Investments, an estimated $31.4M added.
- The largest InterContinental Hotels seller in Q1 2014 was Vulcan Value Partners, an estimated $37.8M sold.
Based on aggregated 13F filings for Q1 2014.