Summit Hotel Properties
INN
208 hedge funds and large institutions have $691M invested in Summit Hotel Properties in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 76 reducing their positions, and 27 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 76
0.11% more ownership
Funds ownership: 96.85% → 96.96% (+0.11%)
5% less funds holding
Funds holding: 219 → 208 (-11)
7% less capital invested
Capital invested by funds: $747M → $691M (-$55.3M)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$6.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$3.37M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.48M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$2.11M |
| 5 |
Morgan Stanley
New York
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.32M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.21M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$2.7M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.32M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTI
226
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1.63K | -209 | -90% |
|
|
EC
227
Elequin Capital
New York
| – | -$1K | -111 | Closed |
|
|
PMFA
228
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$1K | -91 | Closed |
|
|
FHA
229
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -83 | Closed |
|
230
Jones Financial Companies
Des Peres,
Missouri
| – | -$1K | -75 | Closed |
|
|
C
231
Covestor
London,
United Kingdom
| – | -$23 | -3 | -13% |
|
|
GRP
232
Global Retirement Partners
San Rafael,
California
| – | +$297 | +38 | New |
|
|
MA
233
MUFG Americas
New York
| – | +$320 | +41 | New |
|
|
FMII
234
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | +$555 | +71 | New |
|
INN Hedge Fund Activity: Q3 2022 in Review
208 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2022, worth a combined $691M — down 7.4% from $747M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of INN and 20 opened new positions — a net loss of 7 holders — while 76 trimmed existing stakes and 77 added.
The largest buyer was Jennison Associates, adding an estimated $6.1M. The largest seller was JP Morgan Chase, cutting an estimated $3.32M.
- 208 institutional investors held Summit Hotel Properties (INN) as of Q3 2022, down from 219 in Q2 2022.
- Funds reported $691M of Summit Hotel Properties stock for Q3 2022, down 7.4% quarter-over-quarter.
- 20 funds opened new Summit Hotel Properties positions in Q3 2022 and 27 closed out, a net change of -7 holders.
- The largest Summit Hotel Properties buyer in Q3 2022 was Jennison Associates, an estimated $6.1M added.
- The largest Summit Hotel Properties seller in Q3 2022 was JP Morgan Chase, an estimated $3.32M sold.
Based on aggregated 13F filings for Q3 2022.