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INN

Summit Hotel Properties
INN

208 hedge funds and large institutions have $691M invested in Summit Hotel Properties in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 76 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 76

0.11% more ownership

Funds ownership: 96.85% → 96.96% (+0.11%)

5% less funds holding

Funds holding: 219 → 208 (-11)

7% less capital invested

Capital invested by funds: $747M → $691M (-$55.3M)

26% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 27

Holders
208
Holders Change
-11
Holders Change %
-5.02%
% of All Funds
3.58%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
20
Increased
77
Reduced
76
Closed
27
Calls
$20K
Puts
–
Net Calls
+$20K
Net Calls Change
-$704K

Top Buyers

Rank Fund Capital Flow
1
Jennison Associates
Jennison Associates
New York
+$6.1M
2
American Century Companies
American Century Companies
Missouri
+$3.37M
3
Macquarie Group
Macquarie Group
Australia
+$2.48M
4
GKIM
GW&K Investment Management
Massachusetts
+$2.11M
5
Morgan Stanley
Morgan Stanley
New York
+$1.79M

Top Sellers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
-$3.32M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$3.21M
3
LSV Asset Management
LSV Asset Management
Illinois
-$2.7M
4
N
Nuveen
North Carolina
-$2.32M
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$2.29M
Name Holding Trade Value Shares
Change 		Change in
Stake
Invesco
26
Invesco
Georgia
$4.5M +$738K +94,452 +16%
Principal Financial Group
27
Principal Financial Group
Iowa
$4.43M -$22.2K -2,846 -0.4%
Norges Bank
28
Norges Bank
Norway
$4.42M -$1.92M -245,000 -27%
Lazard Asset Management
29
Lazard Asset Management
New York
$4.18M -$226K -28,949 -4%
SEI Investments
30
SEI Investments
Pennsylvania
$3.85M +$289K +36,985 +7%
ZCA
31
Zeke Capital Advisors
Pennsylvania
$3.77M -$46.9K -6,000 -1%
Ameriprise
32
Ameriprise
Minnesota
$3.08M -$89.2K -11,407 -2%
Two Sigma Advisers
33
Two Sigma Advisers
New York
$3.04M +$1.01M +129,800 +40%
UBS AM
34
UBS AM
Illinois
$2.95M +$24.1K +3,079 +0.7%
Allspring Global Investments
35
Allspring Global Investments
North Carolina
$2.58M -$1.2M -152,923 -28%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$2.36M +$119K +15,198 +5%
AFG
37
Allegheny Financial Group
Pennsylvania
$2.16M -$29.1K -3,720 -1%
Renaissance Technologies
38
Renaissance Technologies
New York
$2.1M +$1.69M +216,380 +225%
Russell Investments Group
39
Russell Investments Group
United Kingdom
$2.07M +$13.5K +1,722 +0.6%
Envestnet Asset Management
40
Envestnet Asset Management
Illinois
$1.9M -$25.6K -3,274 -1%
Goldman Sachs
41
Goldman Sachs
New York
$1.86M +$451K +57,716 +26%
Prudential Financial
42
Prudential Financial
New Jersey
$1.8M +$171K +21,923 +9%
Swiss National Bank
43
Swiss National Bank
Switzerland
$1.69M – – –
H2CM
44
H/2 Credit Manager
Connecticut
$1.68M +$1.56M +200,000 +400%
D.E. Shaw & Co
45
D.E. Shaw & Co
New York
$1.65M -$2.29M -292,844 -54%
ECM
46
Engine Capital Management
New York
$1.64M – – –
Fisher Asset Management
47
Fisher Asset Management
Washington
$1.56M +$131K +16,703 +8%
Truist Financial
48
Truist Financial
North Carolina
$1.41M +$6.41K +820 +0.4%
Canada Life
49
Canada Life
Manitoba, Canada
$1.36M +$75.3K +9,634 +5%
RJA
50
Raymond James & Associates
Florida
$1.35M -$5.46K -698 -0.3%
1
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INN Hedge Fund Activity: Q3 2022 in Review

208 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2022, worth a combined $691M — down 7.4% from $747M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of INN and 20 opened new positions — a net loss of 7 holders — while 76 trimmed existing stakes and 77 added.

The largest buyer was Jennison Associates, adding an estimated $6.1M. The largest seller was JP Morgan Chase, cutting an estimated $3.32M.

  • 208 institutional investors held Summit Hotel Properties (INN) as of Q3 2022, down from 219 in Q2 2022.
  • Funds reported $691M of Summit Hotel Properties stock for Q3 2022, down 7.4% quarter-over-quarter.
  • 20 funds opened new Summit Hotel Properties positions in Q3 2022 and 27 closed out, a net change of -7 holders.
  • The largest Summit Hotel Properties buyer in Q3 2022 was Jennison Associates, an estimated $6.1M added.
  • The largest Summit Hotel Properties seller in Q3 2022 was JP Morgan Chase, an estimated $3.32M sold.

Based on aggregated 13F filings for Q3 2022.