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INN

Summit Hotel Properties

219 hedge funds and large institutions have $747M invested in Summit Hotel Properties in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

10,343% more call options, than puts

Call options by funds: $731K | Put options by funds: $7K

33% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 21

1% more funds holding

Funds holding: 217219 (+2)

2.11% less ownership

Funds ownership: 98.96%96.85% (-2.1%)

13% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 86

26% less capital invested

Capital invested by funds: $1B → $747M (-$256M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
219
Holders Change
+2
Holders Change %
+0.92%
% of All Funds
3.69%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
28
Increased
75
Reduced
86
Closed
21
Calls
$731K
Puts
$7K
Net Calls
+$724K
Net Calls Change
-$251K
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$5.46M +$11.2K +1,271 +0.2%
Principal Financial Group
27
Principal Financial Group
Iowa
$4.81M -$369K -42,014 -6%
Lazard Asset Management
28
Lazard Asset Management
New York
$4.74M -$427K -48,511 -7%
Invesco
29
Invesco
Georgia
$4.18M +$940K +106,858 +23%
ZCA
30
Zeke Capital Advisors
Pennsylvania
$4.12M +$17.6K +2,000 +0.4%
D.E. Shaw & Co
31
D.E. Shaw & Co
New York
$3.91M -$1.28M -145,218 -21%
Allspring Global Investments
32
Allspring Global Investments
North Carolina
$3.9M -$1.71M -194,626 -27%
SEI Investments
33
SEI Investments
Pennsylvania
$3.89M +$947K +107,658 +25%
Ameriprise
34
Ameriprise
Minnesota
$3.41M -$682K -77,524 -14%
Balyasny Asset Management
35
Balyasny Asset Management
Illinois
$3.21M +$3.88M +440,854 New
UBS AM
36
UBS AM
Illinois
$3.16M -$589K -66,965 -13%
LSV Asset Management
37
LSV Asset Management
Illinois
$2.7M -$133K -15,100 -4%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$2.44M +$86.7K +9,854 +3%
AFG
39
Allegheny Financial Group
Pennsylvania
$2.36M -$115K -13,067 -4%
Two Sigma Advisers
40
Two Sigma Advisers
New York
$2.35M +$1.64M +186,300 +137%
Russell Investments Group
41
Russell Investments Group
United Kingdom
$2.23M +$351K +39,899 +15%
Fidelity Investments
42
Fidelity Investments
Massachusetts
$2.18M -$1.12M -127,789 -30%
Envestnet Asset Management
43
Envestnet Asset Management
Illinois
$2.08M -$17.7K -2,010 -0.7%
Swiss National Bank
44
Swiss National Bank
Switzerland
$1.83M
PAM
45
Panagora Asset Management
Massachusetts
$1.8M +$2.18M +247,795 New
Prudential Financial
46
Prudential Financial
New Jersey
$1.79M -$867K -98,603 -29%
ECM
47
Engine Capital Management
New York
$1.77M
Goldman Sachs
48
Goldman Sachs
New York
$1.59M -$225K -25,575 -10%
Fisher Asset Management
49
Fisher Asset Management
Washington
$1.57M +$1.38M +156,596 +266%
Truist Financial
50
Truist Financial
North Carolina
$1.51M -$461K -52,391 -20%

INN Hedge Fund Activity: Q2 2022 in Review

219 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2022, worth a combined $747M — down 26% from $1B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INN positions and 21 closed out — a net gain of 7 holders — while 75 added to existing stakes and 86 trimmed.

The largest buyer was American Century Companies, adding an estimated $8.87M. The largest seller was T. Rowe Price Associates, cutting an estimated $13.4M.

  • 219 institutional investors held Summit Hotel Properties (INN) as of Q2 2022, up from 217 in Q1 2022.
  • Funds reported $747M of Summit Hotel Properties stock for Q2 2022, down 26% quarter-over-quarter.
  • 28 funds opened new Summit Hotel Properties positions in Q2 2022 and 21 closed out, a net change of +7 holders.
  • The largest Summit Hotel Properties buyer in Q2 2022 was American Century Companies, an estimated $8.87M added.
  • The largest Summit Hotel Properties seller in Q2 2022 was T. Rowe Price Associates, an estimated $13.4M sold.

Based on aggregated 13F filings for Q2 2022.