Summit Hotel Properties
INN
213 hedge funds and large institutions have $1.02B invested in Summit Hotel Properties in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 63 increasing their positions, 85 reducing their positions, and 17 closing their positions.
589% more call options, than puts
Call options by funds: $661K | Put options by funds: $96K
6% more capital invested
Capital invested by funds: $960M → $1.02B (+$55.6M)
2.01% more ownership
Funds ownership: 97.12% → 99.13% (+2%)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
2% less funds holding
Funds holding: 217 → 213 (-4)
26% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$21.4M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$17M |
| 3 |
JP Morgan Chase
New York
|
+$16M |
| 4 |
Jennison Associates
New York
|
+$11.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$25.8M |
| 2 |
BlackRock
New York
|
-$7.68M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.05M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.72M |
| 5 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$4.01M |
INN Hedge Fund Activity: Q3 2021 in Review
213 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2021, worth a combined $1.02B — up 5.8% from $960M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of INN and 16 opened new positions — a net loss of 1 holder — while 85 trimmed existing stakes and 63 added.
The largest buyer was H/2 Credit Manager, opening a new position worth an estimated $21.4M. The largest seller was Westwood Holdings Group, cutting an estimated $25.8M.
- 213 institutional investors held Summit Hotel Properties (INN) as of Q3 2021, down from 217 in Q2 2021.
- Funds reported $1.02B of Summit Hotel Properties stock for Q3 2021, up 5.8% quarter-over-quarter.
- 16 funds opened new Summit Hotel Properties positions in Q3 2021 and 17 closed out, a net change of -1 holder.
- The largest Summit Hotel Properties buyer in Q3 2021 was H/2 Credit Manager, an estimated $21.4M added.
- The largest Summit Hotel Properties seller in Q3 2021 was Westwood Holdings Group, an estimated $25.8M sold.
Based on aggregated 13F filings for Q3 2021.