Summit Hotel Properties
INN
244 hedge funds and large institutions have $1.31B invested in Summit Hotel Properties in 2019 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 68 reducing their positions, and 16 closing their positions.
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
38% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 68
11% more funds holding
Funds holding: 220 → 244 (+24)
3.31% more ownership
Funds ownership: 103.87% → 107.19% (+3.3%)
4% more capital invested
Capital invested by funds: $1.25B → $1.31B (+$56.1M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $360K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$23.4M |
| 2 |
BlackRock
New York
|
+$9.56M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.83M |
| 4 |
Renaissance Technologies
New York
|
+$6.17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$17.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$9.5M |
| 3 |
Jennison Associates
New York
|
-$7.33M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$7.28M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.06M |
INN Hedge Fund Activity: Q3 2019 in Review
244 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2019, worth a combined $1.31B — up 4.5% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new INN positions and 16 closed out — a net gain of 25 holders — while 94 added to existing stakes and 68 trimmed.
The largest buyer was NN Investment Partners Holdings, opening a new position worth an estimated $23.4M. The largest seller was Wasatch Advisors, cutting an estimated $17.6M.
- 244 institutional investors held Summit Hotel Properties (INN) as of Q3 2019, up from 220 in Q2 2019.
- Funds reported $1.31B of Summit Hotel Properties stock for Q3 2019, up 4.5% quarter-over-quarter.
- 41 funds opened new Summit Hotel Properties positions in Q3 2019 and 16 closed out, a net change of +25 holders.
- The largest Summit Hotel Properties buyer in Q3 2019 was NN Investment Partners Holdings, an estimated $23.4M added.
- The largest Summit Hotel Properties seller in Q3 2019 was Wasatch Advisors, an estimated $17.6M sold.
Based on aggregated 13F filings for Q3 2019.