InterContinental Hotels
95 hedge funds and large institutions have $490M invested in InterContinental Hotels in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
19% more capital invested
Capital invested by funds: $410M → $490M (+$79.7M)
8% more funds holding
Funds holding: 88 → 95 (+7)
0.38% more ownership
Funds ownership: 5.17% → 5.55% (+0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.9M |
| 2 |
CAM
Capstone Asset Management
Houston,
Texas
|
+$5.81M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$5.66M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$3.97M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.04M |
| 2 |
Goldman Sachs
New York
|
-$3.07M |
| 3 |
Millennium Management
New York
|
-$2.21M |
| 4 |
Morgan Stanley
New York
|
-$1.59M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$1.2M |
IHG Hedge Fund Activity: Q3 2016 in Review
95 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q3 2016, worth a combined $490M — up 19% from $410M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new IHG positions and 8 closed out — a net gain of 9 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $21.9M. The largest seller was JP Morgan Chase, cutting an estimated $4.04M.
- 95 institutional investors held InterContinental Hotels (IHG) as of Q3 2016, up from 88 in Q2 2016.
- Funds reported $490M of InterContinental Hotels stock for Q3 2016, up 19% quarter-over-quarter.
- 17 funds opened new InterContinental Hotels positions in Q3 2016 and 8 closed out, a net change of +9 holders.
- The largest InterContinental Hotels buyer in Q3 2016 was Fidelity Investments, an estimated $21.9M added.
- The largest InterContinental Hotels seller in Q3 2016 was JP Morgan Chase, an estimated $4.04M sold.
Based on aggregated 13F filings for Q3 2016.