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INN

Summit Hotel Properties
INN

184 hedge funds and large institutions have $639M invested in Summit Hotel Properties in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 75 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)

3.08% less ownership

Funds ownership: 94.39% → 91.31% (-3.1%)

4% less funds holding

Funds holding: 192 → 184 (-8)

6% less capital invested

Capital invested by funds: $682M → $639M (-$43.1M)

24% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 75

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

Holders
184
Holders Change
-8
Holders Change %
-4.17%
% of All Funds
2.65%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
19
Increased
57
Reduced
75
Closed
27
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$7.91M
2
Goldman Sachs
Goldman Sachs
New York
+$5.02M
3
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$3.08M
4
Vanguard Group
Vanguard Group
Pennsylvania
+$2.87M
5
Jennison Associates
Jennison Associates
New York
+$2.47M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$24.2M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$4.72M
3
Lazard Asset Management
Lazard Asset Management
New York
-$3.57M
4
Millennium Management
Millennium Management
New York
-$3.16M
5
State Street
State Street
Massachusetts
-$3.04M
Name Holding Trade Value Shares
Change 		Change in
Stake
Two Sigma Advisers
26
Two Sigma Advisers
New York
$4.47M +$201K +30,800 +5%
JP Morgan Chase
27
JP Morgan Chase
New York
$3.87M +$676K +103,599 +21%
VOYA Investment Management
28
VOYA Investment Management
Georgia
$3.86M +$117K +17,887 +3%
UBS AM
29
UBS AM
Illinois
$3.8M +$460K +70,492 +14%
Principal Financial Group
30
Principal Financial Group
Iowa
$3.63M -$13.5K -2,069 -0.4%
Invesco
31
Invesco
Georgia
$3.49M -$1.7M -260,058 -33%
Fisher Asset Management
32
Fisher Asset Management
Washington
$3.22M -$253K -38,810 -7%
State of New Jersey Common Pension Fund D
33
State of New Jersey Common Pension Fund D
New Jersey
$2.81M -$1.01M -155,530 -26%
Millennium Management
34
Millennium Management
New York
$2.35M -$3.16M -483,635 -57%
Ameriprise
35
Ameriprise
Minnesota
$2.32M -$16.4K -2,514 -0.7%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$2.28M +$29.7K +4,550 +1%
Russell Investments Group
37
Russell Investments Group
United Kingdom
$2.17M +$2.17M +332,080 +34,919%
Norges Bank
38
Norges Bank
Norway
$2.1M +$1.02M +156,200 +94%
CSS
39
Cubist Systematic Strategies
Connecticut
$2.02M -$497K -76,173 -20%
Prudential Financial
40
Prudential Financial
New Jersey
$1.77M -$210K -32,121 -11%
WHG
41
Westwood Holdings Group
Texas
$1.71M – – –
ECM
42
Engine Capital Management
New York
$1.59M – – –
Canada Life
43
Canada Life
Manitoba, Canada
$1.54M +$23.1K +3,540 +2%
AFG
44
Allegheny Financial Group
Pennsylvania
$1.5M -$336K -51,548 -18%
Public Sector Pension Investment Board (PSP Investments)
45
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.45M – – –
ECM
46
ExodusPoint Capital Management
New York
$1.4M +$169K +25,916 +14%
Thrivent Financial for Lutherans
47
Thrivent Financial for Lutherans
Minnesota
$1.39M -$835K -128,018 -37%
Swiss National Bank
48
Swiss National Bank
Switzerland
$1.38M – – –
Tudor Investment Corp
49
Tudor Investment Corp
Connecticut
$1.32M -$454K -69,612 -26%
CS
50
Credit Suisse
Switzerland
$1.29M +$44.3K +6,784 +4%
1
2
3 4 5

INN Hedge Fund Activity: Q1 2024 in Review

184 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2024, worth a combined $639M — down 6.3% from $682M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of INN and 19 opened new positions — a net loss of 8 holders — while 75 trimmed existing stakes and 57 added.

The largest buyer was Bank of America, adding an estimated $7.91M. The largest seller was Morgan Stanley, cutting an estimated $24.2M.

  • 184 institutional investors held Summit Hotel Properties (INN) as of Q1 2024, down from 192 in Q4 2023.
  • Funds reported $639M of Summit Hotel Properties stock for Q1 2024, down 6.3% quarter-over-quarter.
  • 19 funds opened new Summit Hotel Properties positions in Q1 2024 and 27 closed out, a net change of -8 holders.
  • The largest Summit Hotel Properties buyer in Q1 2024 was Bank of America, an estimated $7.91M added.
  • The largest Summit Hotel Properties seller in Q1 2024 was Morgan Stanley, an estimated $24.2M sold.

Based on aggregated 13F filings for Q1 2024.