Summit Hotel Properties
INN
235 hedge funds and large institutions have $1.4B invested in Summit Hotel Properties in 2016 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 80 increasing their positions, 84 reducing their positions, and 25 closing their positions.
155% more call options, than puts
Call options by funds: $364K | Put options by funds: $143K
76% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 25
30% more capital invested
Capital invested by funds: $1.08B → $1.4B (+$320M)
7% more funds holding
Funds holding: 219 → 235 (+16)
5.22% more ownership
Funds ownership: 94.81% → 100.03% (+5.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 84
Top Buyers
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$28.7M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$28.4M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.3M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$8.42M |
| 5 |
Renaissance Technologies
New York
|
+$7.52M |
Top Sellers
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$12.4M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$9.73M |
| 3 |
Jennison Associates
New York
|
-$7.94M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$7.81M |
| 5 |
FM
Forward Management
San Francisco,
California
|
-$6.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
251
Horizon Investments
Charlotte,
North Carolina
| – | -$168K | -12,766 | Closed |
|
|
CMBA
252
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$159K | -12,095 | Closed |
|
|
EMG
253
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$136K | -10,300 | Closed |
|
254
Walleye Trading
New York
| – | -$19K | -1,435 | Closed |
|
255
Group One Trading
Chicago,
Illinois
| – | -$14K | -1,000 | Closed |
|
|
FNBSF
256
First National Bank Sioux Falls
Sioux Falls,
South Dakota
| – | -$7K | -500 | Closed |
|
|
CG
257
Cutler Group
San Francisco,
California
| – | -$5.61K | -400 | Closed |
|
|
JFA
258
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$4K | -315 | Closed |
|
|
S
259
SignatureFD
Atlanta,
Georgia
| – | -$4K | -315 | Closed |
|
|
NC
260
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$3K | -224 | Closed |
|
|
ACH
261
ArrowMark Colorado Holdings
Denver,
Colorado
| – | -$1K | -100 | Closed |
|
INN Hedge Fund Activity: Q4 2016 in Review
235 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2016, worth a combined $1.4B — up 30% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new INN positions and 25 closed out — a net gain of 19 holders — while 80 added to existing stakes and 84 trimmed.
The largest buyer was Nuveen, adding an estimated $28.7M. The largest seller was Numeric Investors, cutting an estimated $12.4M.
- 235 institutional investors held Summit Hotel Properties (INN) as of Q4 2016, up from 219 in Q3 2016.
- Funds reported $1.4B of Summit Hotel Properties stock for Q4 2016, up 30% quarter-over-quarter.
- 44 funds opened new Summit Hotel Properties positions in Q4 2016 and 25 closed out, a net change of +19 holders.
- The largest Summit Hotel Properties buyer in Q4 2016 was Nuveen, an estimated $28.7M added.
- The largest Summit Hotel Properties seller in Q4 2016 was Numeric Investors, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2016.