Summit Hotel Properties
INN
214 hedge funds and large institutions have $682M invested in Summit Hotel Properties in 2024 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 71 reducing their positions, and 20 closing their positions.
881% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $233K
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
17% more capital invested
Capital invested by funds: $582M → $682M (+$99.8M)
6% more funds holding
Funds holding: 201 → 214 (+13)
1.91% more ownership
Funds ownership: 89.79% → 91.71% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$13.7M |
| 2 |
GC
Globeflex Capital
San Diego,
California
|
+$5.08M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$3.67M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$2.9M |
| 5 |
Barclays
London,
United Kingdom
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.05M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.59M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.21M |
| 4 |
Two Sigma Advisers
New York
|
-$2.17M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MM
226
MQS Management
New York
| – | -$74.6K | -12,454 | Closed |
|
227
SG Americas Securities
New York
| – | -$74K | -12,369 | Closed |
|
228
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$68.2K | -11,383 | Closed |
|
|
CFM
229
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$12.6K | -2,100 | Closed |
|
|
TWP
230
Triad Wealth Partners
Lawrence,
Kansas
| – | -$8.98K | -1,500 | Closed |
|
231
Group One Trading
Chicago,
Illinois
| – | -$6.36K | -1,000 | Closed |
|
232
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$648 | -112 | Closed |
|
|
C
233
Covestor
London,
United Kingdom
| – | -$6 | -1 | -8% |
|
|
HWM
234
Hemington Wealth Management
Falls Church,
Virginia
| – | +$274 | +43 | New |
|
INN Hedge Fund Activity: Q3 2024 in Review
214 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2024, worth a combined $682M — up 17% from $582M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new INN positions and 20 closed out — a net gain of 13 holders — while 68 added to existing stakes and 71 trimmed.
The largest buyer was H/2 Credit Manager, adding an estimated $13.7M. The largest seller was JP Morgan Chase, cutting an estimated $5.05M.
- 214 institutional investors held Summit Hotel Properties (INN) as of Q3 2024, up from 201 in Q2 2024.
- Funds reported $682M of Summit Hotel Properties stock for Q3 2024, up 17% quarter-over-quarter.
- 33 funds opened new Summit Hotel Properties positions in Q3 2024 and 20 closed out, a net change of +13 holders.
- The largest Summit Hotel Properties buyer in Q3 2024 was H/2 Credit Manager, an estimated $13.7M added.
- The largest Summit Hotel Properties seller in Q3 2024 was JP Morgan Chase, an estimated $5.05M sold.
Based on aggregated 13F filings for Q3 2024.