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INN

Summit Hotel Properties
INN

204 hedge funds and large institutions have $673M invested in Summit Hotel Properties in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 82 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

2% less ownership

Funds ownership: 98.11% → 96.11% (-2%)

4% less funds holding

Funds holding: 213 → 204 (-9)

8% less capital invested

Capital invested by funds: $734M → $673M (-$61.2M)

16% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 82

33% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 27

98% less call options, than puts

Call options by funds: $63K | Put options by funds: $2.93M

Holders
204
Holders Change
-9
Holders Change %
-4.23%
% of All Funds
3.2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
18
Increased
69
Reduced
82
Closed
27
Calls
$63K
Puts
$2.93M
Net Calls
-$2.87M
Net Calls Change
-$4.03M

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$6.01M
2
H2CM
H/2 Credit Manager
Connecticut
+$6.01M
3
N
Nuveen
North Carolina
+$5.74M
4
Goldman Sachs
Goldman Sachs
New York
+$4.9M
5
VOYA Investment Management
VOYA Investment Management
Georgia
+$2.25M

Top Sellers

Rank Fund Capital Flow
1
Macquarie Group
Macquarie Group
Australia
-$24.6M
2
American Century Companies
American Century Companies
Missouri
-$9.58M
3
Millennium Management
Millennium Management
New York
-$3.5M
4
Allspring Global Investments
Allspring Global Investments
North Carolina
-$2.32M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$1.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of Montreal
26
Bank of Montreal
Ontario, Canada
$5.3M -$340K -51,341 -6%
State of New Jersey Common Pension Fund D
27
State of New Jersey Common Pension Fund D
New Jersey
$5.17M -$2.22K -335 -0%
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$4.79M +$15.8K +2,386 +0.3%
Invesco
29
Invesco
Georgia
$4.43M -$224K -33,898 -5%
Lazard Asset Management
30
Lazard Asset Management
New York
$4.26M +$80.8K +12,217 +2%
Fisher Asset Management
31
Fisher Asset Management
Washington
$4.24M +$584K +88,333 +16%
Principal Financial Group
32
Principal Financial Group
Iowa
$3.98M -$230K -34,753 -5%
UBS AM
33
UBS AM
Illinois
$3.29M – – –
Two Sigma Advisers
34
Two Sigma Advisers
New York
$2.65M +$286K +43,200 +12%
Ameriprise
35
Ameriprise
Minnesota
$2.61M -$136K -20,522 -5%
VOYA Investment Management
36
VOYA Investment Management
Georgia
$2.49M +$2.25M +339,927 +803%
FP
37
Foundry Partners
Minnesota
$2.47M +$98.5K +14,889 +4%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$2.36M -$66.5K -10,044 -3%
Two Sigma Investments
39
Two Sigma Investments
New York
$2.31M +$1.75M +264,788 +296%
Prudential Financial
40
Prudential Financial
New Jersey
$1.98M +$185K +28,019 +11%
CSS
41
Cubist Systematic Strategies
Connecticut
$1.94M +$1.48M +223,475 +301%
Envestnet Asset Management
42
Envestnet Asset Management
Illinois
$1.82M -$29.8K -4,507 -2%
AFG
43
Allegheny Financial Group
Pennsylvania
$1.75M -$154K -23,213 -8%
Tudor Investment Corp
44
Tudor Investment Corp
Connecticut
$1.74M +$117K +17,712 +7%
ECM
45
Engine Capital Management
New York
$1.59M – – –
Swiss National Bank
46
Swiss National Bank
Switzerland
$1.5M – – –
WHG
47
Westwood Holdings Group
Texas
$1.46M +$210K +31,768 +17%
CS
48
Credit Suisse
Switzerland
$1.45M +$612K +92,564 +71%
Renaissance Technologies
49
Renaissance Technologies
New York
$1.45M +$271K +41,000 +23%
ECM
50
ExodusPoint Capital Management
New York
$1.44M +$1.46M +220,365 New
1
2
3 4 5

INN Hedge Fund Activity: Q2 2023 in Review

204 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2023, worth a combined $673M — down 8.3% from $734M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of INN and 18 opened new positions — a net loss of 9 holders — while 82 trimmed existing stakes and 69 added.

The largest buyer was BlackRock, adding an estimated $6.01M. The largest seller was Macquarie Group, cutting an estimated $24.6M.

  • 204 institutional investors held Summit Hotel Properties (INN) as of Q2 2023, down from 213 in Q1 2023.
  • Funds reported $673M of Summit Hotel Properties stock for Q2 2023, down 8.3% quarter-over-quarter.
  • 18 funds opened new Summit Hotel Properties positions in Q2 2023 and 27 closed out, a net change of -9 holders.
  • The largest Summit Hotel Properties buyer in Q2 2023 was BlackRock, an estimated $6.01M added.
  • The largest Summit Hotel Properties seller in Q2 2023 was Macquarie Group, an estimated $24.6M sold.

Based on aggregated 13F filings for Q2 2023.