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INN

Summit Hotel Properties

229 hedge funds and large institutions have $1.45B invested in Summit Hotel Properties in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 110 increasing their positions, 61 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 61

4% more capital invested

Capital invested by funds: $1.4B → $1.45B (+$54.4M)

3% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 29

3% less funds holding

Funds holding: 235229 (-6)

3.22% less ownership

Funds ownership: 100.03%96.81% (-3.2%)

36% less call options, than puts

Call options by funds: $81K | Put options by funds: $126K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
229
Holders Change
-6
Holders Change %
-2.55%
% of All Funds
5.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
110
Reduced
61
Closed
29
Calls
$81K
Puts
$126K
Net Calls
-$45K
Net Calls Change
-$266K
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
26
Prudential Financial
New Jersey
$11.5M +$22.2K +1,410 +0.2%
HW
27
Hancock Whitney
Mississippi
$11.4M +$209K +13,252 +2%
Bank of America
28
Bank of America
North Carolina
$10.8M +$4.17M +264,800 +64%
WA
29
Wasatch Advisors
Utah
$9.81M +$1.21M +76,584 +14%
PI
30
Putnam Investments
Massachusetts
$9.69M +$443K +28,137 +5%
Goldman Sachs
31
Goldman Sachs
New York
$8.6M +$398K +25,273 +5%
ICOA
32
Investment Centers of America
North Dakota
$8.52M -$5.08M -322,381 -38%
PAM
33
Panagora Asset Management
Massachusetts
$8.34M +$1.22M +77,657 +17%
TCIM
34
TIAA CREF Investment Management
New York
$7.84M -$35K -2,219 -0.5%
USAA
35
United Services Automobile Association
Texas
$7.13M -$1.24M -78,570 -15%
BA
36
Boston Advisors
Massachusetts
$7.03M +$1.03M +65,300 +17%
CS
37
Credit Suisse
Switzerland
$6.3M +$1.45M +91,786 +30%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$6M +$390K +24,751 +7%
AQR Capital Management
39
AQR Capital Management
Connecticut
$5.96M -$199K -12,641 -3%
NAP
40
New Amsterdam Partners
New York
$5.8M +$5.72M +362,782 New
MAM
41
Martingale Asset Management
Massachusetts
$5.66M +$1.66M +105,200 +42%
OCG
42
Opus Capital Group
Ohio
$5.52M +$5.45M +345,632 New
Legal & General Group
43
Legal & General Group
United Kingdom
$5.44M +$459K +29,155 +9%
KBC Group
44
KBC Group
Belgium
$5.07M +$834K +52,931 +20%
MCM
45
McKinley Capital Management
Alaska
$4.7M -$381K -24,158 -8%
CAM
46
ClariVest Asset Management
California
$4.58M +$868K +55,100 +24%
PPA
47
Parametric Portfolio Associates
Washington
$4.52M +$254K +16,134 +6%
Ohio Public Employees Retirement System (OPERS)
48
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.34M +$1.38M +87,791 +48%
NFA
49
Nationwide Fund Advisors
Ohio
$4.21M -$230K -14,575 -5%
Renaissance Technologies
50
Renaissance Technologies
New York
$4.05M -$4.46M -282,812 -53%

INN Hedge Fund Activity: Q1 2017 in Review

229 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2017, worth a combined $1.45B — up 3.9% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new INN positions and 29 closed out — a net gain of 1 holder — while 110 added to existing stakes and 61 trimmed.

The largest buyer was BlackRock, adding an estimated $211M. The largest seller was Millennium Management, exiting entirely with an estimated $11.2M sold.

  • 229 institutional investors held Summit Hotel Properties (INN) as of Q1 2017, down from 235 in Q4 2016.
  • Funds reported $1.45B of Summit Hotel Properties stock for Q1 2017, up 3.9% quarter-over-quarter.
  • 30 funds opened new Summit Hotel Properties positions in Q1 2017 and 29 closed out, a net change of +1 holder.
  • The largest Summit Hotel Properties buyer in Q1 2017 was BlackRock, an estimated $211M added.
  • The largest Summit Hotel Properties seller in Q1 2017 was Millennium Management, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2017.