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INN

Summit Hotel Properties

214 hedge funds and large institutions have $742M invested in Summit Hotel Properties in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 73 increasing their positions, 77 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

18,700% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $6K

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

7% more capital invested

Capital invested by funds: $691M → $742M (+$50.8M)

3% more funds holding

Funds holding: 208214 (+6)

0.63% more ownership

Funds ownership: 96.96%97.6% (+0.63%)

5% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 77

Holders
214
Holders Change
+6
Holders Change %
+2.88%
% of All Funds
3.44%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
28
Increased
73
Reduced
77
Closed
20
Calls
$1.13M
Puts
$6K
Net Calls
+$1.12M
Net Calls Change
+$1.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$5.32M -$103K -13,210 -2%
Invesco
27
Invesco
Georgia
$5M +$186K +23,762 +4%
Principal Financial Group
28
Principal Financial Group
Iowa
$4.71M -$43.6K -5,568 -0.8%
Lazard Asset Management
29
Lazard Asset Management
New York
$4.68M +$199K +25,419 +4%
H2CM
30
H/2 Credit Manager
Connecticut
$4.54M +$2.96M +378,296 +151%
ZCA
31
Zeke Capital Advisors
Pennsylvania
$4.05M
Allspring Global Investments
32
Allspring Global Investments
North Carolina
$3.45M +$739K +94,322 +25%
UBS AM
33
UBS AM
Illinois
$3.3M +$148K +18,852 +4%
Fisher Asset Management
34
Fisher Asset Management
Washington
$3.29M +$1.75M +224,075 +96%
Ameriprise
35
Ameriprise
Minnesota
$3.13M -$200K -25,500 -6%
Two Sigma Advisers
36
Two Sigma Advisers
New York
$2.92M -$378K -48,300 -11%
SEI Investments
37
SEI Investments
Pennsylvania
$2.6M -$1.66M -212,556 -37%
Goldman Sachs
38
Goldman Sachs
New York
$2.59M +$647K +82,590 +30%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$2.56M +$26.1K +3,327 +0.9%
AG
40
Algert Global
California
$2.43M +$1.73M +221,120 +191%
Russell Investments Group
41
Russell Investments Group
United Kingdom
$2.29M +$67.7K +8,640 +3%
AFG
42
Allegheny Financial Group
Pennsylvania
$2.2M -$132K -16,856 -5%
Envestnet Asset Management
43
Envestnet Asset Management
Illinois
$1.93M -$114K -14,612 -5%
Citadel Advisors
44
Citadel Advisors
Florida
$1.9M +$1.95M +249,543 +1,761%
Swiss National Bank
45
Swiss National Bank
Switzerland
$1.86M +$49.3K +6,300 +3%
Prudential Financial
46
Prudential Financial
New Jersey
$1.8M -$154K -19,640 -7%
ECM
47
Engine Capital Management
New York
$1.76M
Tudor Investment Corp
48
Tudor Investment Corp
Connecticut
$1.52M +$162K +20,675 +11%
Truist Financial
49
Truist Financial
North Carolina
$1.48M -$26.7K -3,409 -2%
Canada Life
50
Canada Life
Manitoba, Canada
$1.48M +$18.7K +2,383 +1%

INN Hedge Fund Activity: Q4 2022 in Review

214 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2022, worth a combined $742M — up 7.3% from $691M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INN positions and 20 closed out — a net gain of 8 holders — while 73 added to existing stakes and 77 trimmed.

The largest buyer was Millennium Management, adding an estimated $7.74M. The largest seller was Peregrine Capital Management, exiting entirely with an estimated $5.67M sold.

  • 214 institutional investors held Summit Hotel Properties (INN) as of Q4 2022, up from 208 in Q3 2022.
  • Funds reported $742M of Summit Hotel Properties stock for Q4 2022, up 7.3% quarter-over-quarter.
  • 28 funds opened new Summit Hotel Properties positions in Q4 2022 and 20 closed out, a net change of +8 holders.
  • The largest Summit Hotel Properties buyer in Q4 2022 was Millennium Management, an estimated $7.74M added.
  • The largest Summit Hotel Properties seller in Q4 2022 was Peregrine Capital Management, an estimated $5.67M sold.

Based on aggregated 13F filings for Q4 2022.