Summit Hotel Properties
INN
214 hedge funds and large institutions have $742M invested in Summit Hotel Properties in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 73 increasing their positions, 77 reducing their positions, and 20 closing their positions.
18,700% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $6K
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
7% more capital invested
Capital invested by funds: $691M → $742M (+$50.8M)
3% more funds holding
Funds holding: 208 → 214 (+6)
0.63% more ownership
Funds ownership: 96.96% → 97.6% (+0.63%)
5% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.74M |
| 2 |
BlackRock
New York
|
+$5.22M |
| 3 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$2.96M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.98M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$5.67M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.54M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.31M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$1.66M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CBT
226
CoreFirst Bank & Trust
Topeka,
Kansas
| – | -$14K | -2,019 | Closed |
|
|
FPB
227
First PREMIER Bank
Sioux Falls,
South Dakota
| – | -$9K | -1,282 | Closed |
|
|
GWSG
228
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$5K | -727 | Closed |
|
229
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$2K | -350 | Closed |
|
|
MAM
230
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -276 | Closed |
|
|
C
231
Covestor
London,
United Kingdom
| – | -$16 | -2 | -10% |
|
|
MFA
232
McClarren Financial Advisors
State College,
Pennsylvania
| – | +$110 | +14 | New |
|
INN Hedge Fund Activity: Q4 2022 in Review
214 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2022, worth a combined $742M — up 7.3% from $691M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new INN positions and 20 closed out — a net gain of 8 holders — while 73 added to existing stakes and 77 trimmed.
The largest buyer was Millennium Management, adding an estimated $7.74M. The largest seller was Peregrine Capital Management, exiting entirely with an estimated $5.67M sold.
- 214 institutional investors held Summit Hotel Properties (INN) as of Q4 2022, up from 208 in Q3 2022.
- Funds reported $742M of Summit Hotel Properties stock for Q4 2022, up 7.3% quarter-over-quarter.
- 28 funds opened new Summit Hotel Properties positions in Q4 2022 and 20 closed out, a net change of +8 holders.
- The largest Summit Hotel Properties buyer in Q4 2022 was Millennium Management, an estimated $7.74M added.
- The largest Summit Hotel Properties seller in Q4 2022 was Peregrine Capital Management, an estimated $5.67M sold.
Based on aggregated 13F filings for Q4 2022.