Summit Hotel Properties
INN
241 hedge funds and large institutions have $1.88B invested in Summit Hotel Properties in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 120 increasing their positions, 68 reducing their positions, and 18 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 68
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
64% more call options, than puts
Call options by funds: $603K | Put options by funds: $367K
29% more capital invested
Capital invested by funds: $1.45B → $1.88B (+$422M)
5% more funds holding
Funds holding: 229 → 241 (+12)
0.23% less ownership
Funds ownership: 96.81% → 96.58% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$64M |
| 2 |
BlackRock
New York
|
+$55.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$19.2M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$16.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$31.1M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$9.02M |
| 3 |
Jennison Associates
New York
|
-$8.35M |
| 4 |
Goldman Sachs
New York
|
-$6.5M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$3.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
251
Zacks Investment Management
Chicago,
Illinois
| – | -$183K | -11,427 | Closed |
|
252
Verition Fund Management
Greenwich,
Connecticut
| – | -$175K | -10,925 | Closed |
|
|
QSS
253
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$164K | -10,250 | Closed |
|
|
PP
254
Paloma Partners
Greenwich,
Connecticut
| – | -$162K | -10,124 | Closed |
|
|
N
255
Natixis
Paris,
France
| – | -$162K | -10,122 | Closed |
|
|
JFGIW
256
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$67K | -4,190 | Closed |
|
257
Walleye Trading
New York
| – | -$45 | -2,803 | Closed |
|
258
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$26K | -1,599 | Closed |
|
259
Group One Trading
Chicago,
Illinois
| – | -$16K | -1,000 | Closed |
|
|
TRCT
260
Tower Research Capital (TRC)
New York
| – | -$14K | -870 | Closed |
|
INN Hedge Fund Activity: Q2 2017 in Review
241 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2017, worth a combined $1.88B — up 29% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new INN positions and 18 closed out — a net gain of 12 holders — while 120 added to existing stakes and 68 trimmed.
The largest buyer was Vanguard Group, adding an estimated $64M. The largest seller was Nuveen, cutting an estimated $31.1M.
- 241 institutional investors held Summit Hotel Properties (INN) as of Q2 2017, up from 229 in Q1 2017.
- Funds reported $1.88B of Summit Hotel Properties stock for Q2 2017, up 29% quarter-over-quarter.
- 30 funds opened new Summit Hotel Properties positions in Q2 2017 and 18 closed out, a net change of +12 holders.
- The largest Summit Hotel Properties buyer in Q2 2017 was Vanguard Group, an estimated $64M added.
- The largest Summit Hotel Properties seller in Q2 2017 was Nuveen, an estimated $31.1M sold.
Based on aggregated 13F filings for Q2 2017.