Summit Hotel Properties
INN
217 hedge funds and large institutions have $960M invested in Summit Hotel Properties in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 69 increasing their positions, 89 reducing their positions, and 22 closing their positions.
361% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $258K
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
1.64% less ownership
Funds ownership: 98.76% → 97.12% (-1.6%)
2% less funds holding
Funds holding: 221 → 217 (-4)
9% less capital invested
Capital invested by funds: $1.06B → $960M (-$98.7M)
22% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.47M |
| 2 |
Jennison Associates
New York
|
+$7.08M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$5.65M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.42M |
| 5 |
AFG
Allegheny Financial Group
Pittsburgh,
Pennsylvania
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$9.67M |
| 2 |
Millennium Management
New York
|
-$6.56M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$6.16M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$4.27M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$3.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$125K | -12,326 | Closed |
|
|
BC
227
Bridgefront Capital
Austin,
Texas
| – | -$109K | -10,773 | Closed |
|
|
PHK
228
Point72 Hong Kong
Hong Kong
| – | -$36K | -3,579 | Closed |
|
|
CG
229
Cutler Group
San Francisco,
California
| – | -$22.2K | -2,250 | Closed |
|
230
Group One Trading
Chicago,
Illinois
| – | -$17.8K | -1,801 | Closed |
|
|
MWP
231
Meridian Wealth Partners
Exton,
Pennsylvania
| – | -$3K | -279 | Closed |
|
232
AssetMark Inc
Concord,
California
| – | -$2K | -172 | Closed |
|
|
GI
233
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -157 | Closed |
|
|
BWA
234
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$1K | -129 | Closed |
|
235
Simplex Trading
Chicago,
Illinois
| – | -$1.28K | -129 | Closed |
|
|
CFGS
236
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$692 | -70 | Closed |
|
|
SFS
237
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -64 | Closed |
|
|
EI
238
Ellevest Inc
New York
| – | +$494 | +50 | New |
|
INN Hedge Fund Activity: Q2 2021 in Review
217 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2021, worth a combined $960M — down 9.3% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of INN and 20 opened new positions — a net loss of 2 holders — while 89 trimmed existing stakes and 69 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $7.47M. The largest seller was Principal Financial Group, cutting an estimated $9.67M.
- 217 institutional investors held Summit Hotel Properties (INN) as of Q2 2021, down from 221 in Q1 2021.
- Funds reported $960M of Summit Hotel Properties stock for Q2 2021, down 9.3% quarter-over-quarter.
- 20 funds opened new Summit Hotel Properties positions in Q2 2021 and 22 closed out, a net change of -2 holders.
- The largest Summit Hotel Properties buyer in Q2 2021 was Balyasny Asset Management, an estimated $7.47M added.
- The largest Summit Hotel Properties seller in Q2 2021 was Principal Financial Group, an estimated $9.67M sold.
Based on aggregated 13F filings for Q2 2021.