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INN

Summit Hotel Properties
INN

228 hedge funds and large institutions have $1.62B invested in Summit Hotel Properties in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 88 increasing their positions, 84 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

305% more call options, than puts

Call options by funds: $304K | Put options by funds: $75K

5% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 84

0.39% more ownership

Funds ownership: 96.58% → 96.96% (+0.39%)

5% less funds holding

Funds holding: 241 → 228 (-13)

14% less capital invested

Capital invested by funds: $1.88B → $1.62B (-$259M)

23% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 35

Holders
228
Holders Change
-13
Holders Change %
-5.39%
% of All Funds
5.68%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
27
Increased
88
Reduced
84
Closed
35
Calls
$304K
Puts
$75K
Net Calls
+$229K
Net Calls Change
-$7K

Top Buyers

1
N
Nuveen
North Carolina
+$34.2M
2
HRES
Heitman Real Estate Securities
Illinois
+$26.1M
3
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$12.6M
4
Millennium Management
Millennium Management
New York
+$10.1M
5
WHG
Westwood Holdings Group
Texas
+$8.77M

Top Sellers

1
TA
Teachers Advisors
New York
-$17.1M
2
Comerica Bank
Comerica Bank
Texas
-$15.2M
3
Franklin Resources
Franklin Resources
California
-$13.9M
4
AL
AJO LP
Pennsylvania
-$9.53M
5
PAM
Panagora Asset Management
Massachusetts
-$8.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
ProShare Advisors
251
ProShare Advisors
Maryland
– -$198K -10,596 Closed
IB
252
Intrust Bank
Kansas
– -$192K -10,281 Closed
GH
253
GAM Holding
Switzerland
– -$164K -8,803 Closed
NIT
254
NumerixS Investment Technologies
British Columbia, Canada
– -$114K -6,100 Closed
BTIS
255
BB&T Investment Services
North Carolina
– -$25K -1,396 Closed
HFM
256
Harvest Fund Management
China
– -$24K -1,300 Closed
YWP
257
YorkBridge Wealth Partners
New York
– -$17K -912 Closed
Lazard Asset Management
258
Lazard Asset Management
New York
– -$14K -786 Closed
NA
259
NewEdge Advisors
Louisiana
– -$9.12K -505 Closed
Creative Planning
260
Creative Planning
Kansas
– -$8K -415 Closed
FMII
261
Farmers & Merchants Investments Inc
Nebraska
– -$7K -358 Closed
GI
262
Gradient Investments
Minnesota
– -$4K -221 Closed
Simplex Trading
263
Simplex Trading
Illinois
– -$1K -69 Closed
SMG
264
Spectrum Management Group
Indiana
– +$455 +28 New
7 8 9 10
11

INN Hedge Fund Activity: Q3 2017 in Review

228 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2017, worth a combined $1.62B — down 14% from $1.88B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of INN and 27 opened new positions — a net loss of 8 holders — while 84 trimmed existing stakes and 88 added.

The largest buyer was Nuveen, adding an estimated $34.2M. The largest seller was Teachers Advisors, cutting an estimated $17.1M.

  • 228 institutional investors held Summit Hotel Properties (INN) as of Q3 2017, down from 241 in Q2 2017.
  • Funds reported $1.62B of Summit Hotel Properties stock for Q3 2017, down 14% quarter-over-quarter.
  • 27 funds opened new Summit Hotel Properties positions in Q3 2017 and 35 closed out, a net change of -8 holders.
  • The largest Summit Hotel Properties buyer in Q3 2017 was Nuveen, an estimated $34.2M added.
  • The largest Summit Hotel Properties seller in Q3 2017 was Teachers Advisors, an estimated $17.1M sold.

Based on aggregated 13F filings for Q3 2017.