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INN

Summit Hotel Properties
INN

192 hedge funds and large institutions have $682M invested in Summit Hotel Properties in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 70 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more call options, than puts

Call options by funds: $17K | Put options by funds: $3K

19% more capital invested

Capital invested by funds: $572M → $682M (+$110M)

2.67% more ownership

Funds ownership: 91.71% → 94.39% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

9% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 70

7% less funds holding

Funds holding: 206 → 192 (-14)

33% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 36

Holders
192
Holders Change
-14
Holders Change %
-6.8%
% of All Funds
2.8%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
24
Increased
64
Reduced
70
Closed
36
Calls
$17K
Puts
$3K
Net Calls
+$14K
Net Calls Change
+$585K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$24.5M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$11.1M
3
Deutsche Bank
Deutsche Bank
Germany
+$9.22M
4
BlackRock
BlackRock
New York
+$7.17M
5
Bank of America
Bank of America
North Carolina
+$6.92M

Top Sellers

Rank Fund Capital Flow
1
GKIM
GW&K Investment Management
Massachusetts
-$20.2M
2
American Century Companies
American Century Companies
Missouri
-$8.93M
3
Jennison Associates
Jennison Associates
New York
-$7.04M
4
JP Morgan Chase
JP Morgan Chase
New York
-$2.72M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.38M
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$4.61M -$467K -75,941 -10%
Two Sigma Advisers
27
Two Sigma Advisers
New York
$4.41M +$1.39M +226,000 +53%
State of New Jersey Common Pension Fund D
28
State of New Jersey Common Pension Fund D
New Jersey
$3.95M -$283K -45,919 -7%
VOYA Investment Management
29
VOYA Investment Management
Georgia
$3.86M +$523K +85,040 +17%
Principal Financial Group
30
Principal Financial Group
Iowa
$3.77M -$121K -19,737 -3%
Fisher Asset Management
31
Fisher Asset Management
Washington
$3.59M -$588K -95,534 -15%
Lazard Asset Management
32
Lazard Asset Management
New York
$3.57M -$89K -14,467 -3%
UBS AM
33
UBS AM
Illinois
$3.45M +$182K +29,637 +6%
JP Morgan Chase
34
JP Morgan Chase
New York
$3.3M -$2.72M -441,719 -47%
CSS
35
Cubist Systematic Strategies
Connecticut
$2.59M +$2.38M +386,076 New
Ameriprise
36
Ameriprise
Minnesota
$2.41M -$47.4K -7,695 -2%
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$2.33M -$73K -11,854 -3%
Thrivent Financial for Lutherans
38
Thrivent Financial for Lutherans
Minnesota
$2.3M +$1.5M +243,628 +248%
Prudential Financial
39
Prudential Financial
New Jersey
$2.05M +$232K +37,705 +14%
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$1.91M +$78.3K +12,717 +5%
AFG
41
Allegheny Financial Group
Pennsylvania
$1.9M +$84.3K +13,691 +5%
Tudor Investment Corp
42
Tudor Investment Corp
Connecticut
$1.83M +$23.8K +3,874 +1%
WHG
43
Westwood Holdings Group
Texas
$1.76M – – –
ECM
44
Engine Capital Management
New York
$1.64M – – –
Canada Life
45
Canada Life
Manitoba, Canada
$1.56M +$142K +23,098 +11%
Qube Research & Technologies (QRT)
46
Qube Research & Technologies (QRT)
United Kingdom
$1.51M +$1.28M +207,833 +1,278%
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.5M +$556K +90,272 +68%
Swiss National Bank
48
Swiss National Bank
Switzerland
$1.42M -$150K -24,300 -10%
CS
49
Credit Suisse
Switzerland
$1.28M -$124K -20,125 -10%
ECM
50
ExodusPoint Capital Management
New York
$1.27M +$630K +102,370 +118%
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INN Hedge Fund Activity: Q4 2023 in Review

192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2023, worth a combined $682M — up 19% from $572M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of INN and 24 opened new positions — a net loss of 12 holders — while 70 trimmed existing stakes and 64 added.

The largest buyer was Morgan Stanley, adding an estimated $24.5M. The largest seller was GW&K Investment Management, cutting an estimated $20.2M.

  • 192 institutional investors held Summit Hotel Properties (INN) as of Q4 2023, down from 206 in Q3 2023.
  • Funds reported $682M of Summit Hotel Properties stock for Q4 2023, up 19% quarter-over-quarter.
  • 24 funds opened new Summit Hotel Properties positions in Q4 2023 and 36 closed out, a net change of -12 holders.
  • The largest Summit Hotel Properties buyer in Q4 2023 was Morgan Stanley, an estimated $24.5M added.
  • The largest Summit Hotel Properties seller in Q4 2023 was GW&K Investment Management, an estimated $20.2M sold.

Based on aggregated 13F filings for Q4 2023.