Summit Hotel Properties
INN
214 hedge funds and large institutions have $493M invested in Summit Hotel Properties in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 76 increasing their positions, 77 reducing their positions, and 19 closing their positions.
16,775% more call options, than puts
Call options by funds: $675K | Put options by funds: $4K
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
0% more funds holding
Funds holding: 214 → 214 (0)
1% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 77
4.32% less ownership
Funds ownership: 94.92% → 90.6% (-4.3%)
17% less capital invested
Capital invested by funds: $593M → $493M (-$99.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.65M |
| 2 |
Renaissance Technologies
New York
|
+$1.63M |
| 3 |
HWC
Hill Winds Capital
High Falls,
New York
|
+$1.5M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$1.4M |
| 5 |
Rockefeller Capital Management
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.75M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$5.28M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.44M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$3.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Lazard Asset Management
New York
| – | -$8K | -1,372 | Closed |
|
|
CMBA
227
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$7K | -1,120 | Closed |
|
|
OPS
228
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$3K | -542 | Closed |
|
|
CCA
229
Column Capital Advisors
Indianapolis,
Indiana
| – | -$1K | -172 | Closed |
|
|
CAN
230
Cetera Advisor Networks
El Segundo,
California
| – | -$1K | -141 | Closed |
|
|
PAG
231
Private Advisor Group
Morristown,
New Jersey
| – | -$1K | -100 | Closed |
|
232
Fidelity Investments
Boston,
Massachusetts
| – | +$96 | +17 | +1,700% |
|
INN Hedge Fund Activity: Q3 2020 in Review
214 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2020, worth a combined $493M — down 17% from $593M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new INN positions and 19 closed out — a net gain of 2 holders — while 76 added to existing stakes and 77 trimmed.
The largest buyer was Nuveen, adding an estimated $1.65M. The largest seller was Goldman Sachs, cutting an estimated $9.75M.
- 214 institutional investors held Summit Hotel Properties (INN) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $493M of Summit Hotel Properties stock for Q3 2020, down 17% quarter-over-quarter.
- 21 funds opened new Summit Hotel Properties positions in Q3 2020 and 19 closed out, a net change of +2 holders.
- The largest Summit Hotel Properties buyer in Q3 2020 was Nuveen, an estimated $1.65M added.
- The largest Summit Hotel Properties seller in Q3 2020 was Goldman Sachs, an estimated $9.75M sold.
Based on aggregated 13F filings for Q3 2020.