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INN

Summit Hotel Properties

229 hedge funds and large institutions have $1.45B invested in Summit Hotel Properties in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 110 increasing their positions, 61 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 61

4% more capital invested

Capital invested by funds: $1.4B → $1.45B (+$54.4M)

3% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 29

3% less funds holding

Funds holding: 235229 (-6)

3.22% less ownership

Funds ownership: 100.03%96.81% (-3.2%)

36% less call options, than puts

Call options by funds: $81K | Put options by funds: $126K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
229
Holders Change
-6
Holders Change %
-2.55%
% of All Funds
5.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
110
Reduced
61
Closed
29
Calls
$81K
Puts
$126K
Net Calls
-$45K
Net Calls Change
-$266K
Name Holding Trade Value Shares
Change
Change in
Stake
TWA
226
TCI Wealth Advisors
Arizona
$1K
PFBT
227
Parkside Financial Bank & Trust
Missouri
$1K +$221 +14 +28%
ASN
228
Advisory Services Network
Georgia
$1K +$1.32K +84 New
GVT
229
Genesee Valley Trust
New York
$256 -$5.48K -348 -2%
Walleye Trading
230
Walleye Trading
New York
$45 +$44.2K +2,803 New
Millennium Management
231
Millennium Management
New York
-$11.2M -696,930 Closed
NI
232
Numeric Investors
Massachusetts
-$10.6M -658,187 Closed
Marshall Wace
233
Marshall Wace
United Kingdom
-$6.79M -423,817 Closed
CPP
234
Crow Point Partners
Massachusetts
-$5.62M -350,833 Closed
PCM
235
Piermont Capital Management
Missouri
-$3.39M -211,510 Closed
Citadel Advisors
236
Citadel Advisors
Florida
-$2.55M -158,979 Closed
DCM
237
Driehaus Capital Management
Illinois
-$1.81M -113,242 Closed
GCP
238
GSA Capital Partners
United Kingdom
-$1.03M -64,055 Closed
MC
239
Menta Capital
California
-$786K -49,017 Closed
Two Sigma Investments
240
Two Sigma Investments
New York
-$644K -40,204 Closed
Squarepoint
241
Squarepoint
New York
-$583K -36,400 Closed
SCM
242
Stevens Capital Management
Pennsylvania
-$524K -32,658 Closed
CIC
243
Cornercap Investment Counsel
Georgia
-$520K -32,460 Closed
HSBC Holdings
244
HSBC Holdings
United Kingdom
-$360K -22,441 Closed
HIS
245
Horizon Investment Services
Indiana
-$352K -21,975 Closed
RA
246
Rational Advisors
New York
-$321K -20,000 Closed
Connor, Clark & Lunn Investment Management (CC&L)
247
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$303K -18,914 Closed
DTL
248
Dynamic Technology Lab
Singapore
-$243K -15,182 Closed
SB
249
Suntrust Banks
Georgia
-$225K -14,056 Closed
JIP
250
Jaffetilchin Investment Partners
Florida
-$219K -13,671 Closed

INN Hedge Fund Activity: Q1 2017 in Review

229 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2017, worth a combined $1.45B — up 3.9% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new INN positions and 29 closed out — a net gain of 1 holder — while 110 added to existing stakes and 61 trimmed.

The largest buyer was BlackRock, adding an estimated $211M. The largest seller was Millennium Management, exiting entirely with an estimated $11.2M sold.

  • 229 institutional investors held Summit Hotel Properties (INN) as of Q1 2017, down from 235 in Q4 2016.
  • Funds reported $1.45B of Summit Hotel Properties stock for Q1 2017, up 3.9% quarter-over-quarter.
  • 30 funds opened new Summit Hotel Properties positions in Q1 2017 and 29 closed out, a net change of +1 holder.
  • The largest Summit Hotel Properties buyer in Q1 2017 was BlackRock, an estimated $211M added.
  • The largest Summit Hotel Properties seller in Q1 2017 was Millennium Management, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2017.