InterContinental Hotels
141 hedge funds and large institutions have $697M invested in InterContinental Hotels in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 23 closing their positions.
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
2% more funds holding
Funds holding: 138 → 141 (+3)
4% more capital invested
Capital invested by funds: $671M → $697M (+$26M)
0.52% more ownership
Funds ownership: 5.29% → 5.81% (+0.52%)
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.6M |
| 2 |
Goldman Sachs
New York
|
+$6.38M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.99M |
| 4 |
Renaissance Technologies
New York
|
+$3.81M |
| 5 |
IGM
Incline Global Management
New York
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$20.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.12M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$4.55M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.18M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.03M |
IHG Hedge Fund Activity: Q2 2023 in Review
141 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in InterContinental Hotels (IHG) for Q2 2023, worth a combined $697M — up 3.9% from $671M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new IHG positions and 23 closed out — a net gain of 3 holders — while 43 added to existing stakes and 45 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $74.6M. The largest seller was Ceredex Value Advisors, cutting an estimated $20.4M.
- 141 institutional investors held InterContinental Hotels (IHG) as of Q2 2023, up from 138 in Q1 2023.
- Funds reported $697M of InterContinental Hotels stock for Q2 2023, up 3.9% quarter-over-quarter.
- 26 funds opened new InterContinental Hotels positions in Q2 2023 and 23 closed out, a net change of +3 holders.
- The largest InterContinental Hotels buyer in Q2 2023 was Fidelity Investments, an estimated $74.6M added.
- The largest InterContinental Hotels seller in Q2 2023 was Ceredex Value Advisors, an estimated $20.4M sold.
Based on aggregated 13F filings for Q2 2023.