Summit Hotel Properties
INN
226 hedge funds and large institutions have $1.03B invested in Summit Hotel Properties in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 71 reducing their positions, and 27 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 71
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
2% more funds holding
Funds holding: 222 → 226 (+4)
0.31% less ownership
Funds ownership: 101.46% → 101.15% (-0.31%)
29% less capital invested
Capital invested by funds: $1.44B → $1.03B (-$410M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.2M |
| 2 |
BlackRock
New York
|
+$6.31M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$4M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$3.95M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$15.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.09M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$6.15M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.87M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.77M |
INN Hedge Fund Activity: Q4 2018 in Review
226 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2018, worth a combined $1.03B — down 29% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new INN positions and 27 closed out — a net gain of 4 holders — while 89 added to existing stakes and 71 trimmed.
The largest buyer was Invesco, adding an estimated $11.2M. The largest seller was Nuveen, cutting an estimated $15.5M.
- 226 institutional investors held Summit Hotel Properties (INN) as of Q4 2018, up from 222 in Q3 2018.
- Funds reported $1.03B of Summit Hotel Properties stock for Q4 2018, down 29% quarter-over-quarter.
- 31 funds opened new Summit Hotel Properties positions in Q4 2018 and 27 closed out, a net change of +4 holders.
- The largest Summit Hotel Properties buyer in Q4 2018 was Invesco, an estimated $11.2M added.
- The largest Summit Hotel Properties seller in Q4 2018 was Nuveen, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2018.