InterContinental Hotels
104 hedge funds and large institutions have $632M invested in InterContinental Hotels in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 21 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
1.14% less ownership
Funds ownership: 7.06% → 5.92% (-1.1%)
3% less funds holding
Funds holding: 107 → 104 (-3)
5% less capital invested
Capital invested by funds: $667M → $632M (-$35.2M)
19% less call options, than puts
Call options by funds: $367K | Put options by funds: $452K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$20.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.03M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.84M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$80.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.89M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$5.18M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.9M |
IHG Hedge Fund Activity: Q1 2017 in Review
104 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q1 2017, worth a combined $632M — down 5.3% from $667M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IHG and 19 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 36 added.
The largest buyer was Jane Street, opening a new position worth an estimated $20.4M. The largest seller was Vulcan Value Partners, cutting an estimated $80.1M.
- 104 institutional investors held InterContinental Hotels (IHG) as of Q1 2017, down from 107 in Q4 2016.
- Funds reported $632M of InterContinental Hotels stock for Q1 2017, down 5.3% quarter-over-quarter.
- 19 funds opened new InterContinental Hotels positions in Q1 2017 and 21 closed out, a net change of -2 holders.
- The largest InterContinental Hotels buyer in Q1 2017 was Jane Street, an estimated $20.4M added.
- The largest InterContinental Hotels seller in Q1 2017 was Vulcan Value Partners, an estimated $80.1M sold.
Based on aggregated 13F filings for Q1 2017.