Summit Hotel Properties
INN
212 hedge funds and large institutions have $453M invested in Summit Hotel Properties in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 78 increasing their positions, 82 reducing their positions, and 57 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 82
7.49% less ownership
Funds ownership: 109.54% → 102.05% (-7.5%)
15% less funds holding
Funds holding: 249 → 212 (-37)
61% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 57
68% less capital invested
Capital invested by funds: $1.42B → $453M (-$967M)
80% less call options, than puts
Call options by funds: $12K | Put options by funds: $59K
Top Buyers
Top Sellers
INN Hedge Fund Activity: Q1 2020 in Review
212 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2020, worth a combined $453M — down 68% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of INN and 22 opened new positions — a net loss of 35 holders — while 82 trimmed existing stakes and 78 added.
The largest buyer was Victory Capital Management, adding an estimated $20.8M. The largest seller was Wellington Management Group, exiting entirely with an estimated $49.4M sold.
- 212 institutional investors held Summit Hotel Properties (INN) as of Q1 2020, down from 249 in Q4 2019.
- Funds reported $453M of Summit Hotel Properties stock for Q1 2020, down 68% quarter-over-quarter.
- 22 funds opened new Summit Hotel Properties positions in Q1 2020 and 57 closed out, a net change of -35 holders.
- The largest Summit Hotel Properties buyer in Q1 2020 was Victory Capital Management, an estimated $20.8M added.
- The largest Summit Hotel Properties seller in Q1 2020 was Wellington Management Group, an estimated $49.4M sold.
Based on aggregated 13F filings for Q1 2020.