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INN

Summit Hotel Properties

229 hedge funds and large institutions have $1.45B invested in Summit Hotel Properties in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 110 increasing their positions, 61 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 61

4% more capital invested

Capital invested by funds: $1.4B → $1.45B (+$54.4M)

3% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 29

3% less funds holding

Funds holding: 235229 (-6)

3.22% less ownership

Funds ownership: 100.03%96.81% (-3.2%)

36% less call options, than puts

Call options by funds: $81K | Put options by funds: $126K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
229
Holders Change
-6
Holders Change %
-2.55%
% of All Funds
5.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
110
Reduced
61
Closed
29
Calls
$81K
Puts
$126K
Net Calls
-$45K
Net Calls Change
-$266K
Name Holding Trade Value Shares
Change
Change in
Stake
DIA
51
Dana Investment Advisors
Wisconsin
$4.01M -$373K -23,691 -9%
QI
52
QS Investors
New York
$3.81M +$356K +22,588 +10%
BCM
53
Bridgeway Capital Management
Texas
$3.66M
CCMH
54
Cornerstone Capital Management Holdings
New York
$3.55M +$273K +17,352 +8%
CC
55
Cipher Capital
New York
$3.51M +$835K +53,011 +32%
GWI
56
Grace & White Inc
New York
$3.32M
LM
57
Lincluden Management
Ontario, Canada
$3.28M
DIA
58
Dean Investment Associates
Ohio
$3.25M -$328K -20,822 -9%
Wells Fargo
59
Wells Fargo
California
$3.23M +$89.1K +5,654 +3%
Axa
60
Axa
France
$3.21M
Asset Management One
61
Asset Management One
Japan
$3.2M +$28.8K +1,827 +0.9%
SCA
62
Secor Capital Advisors
New York
$3.17M -$4.4M -279,004 -58%
VRS
63
Virginia Retirement Systems
Virginia
$3.13M +$354K +22,500 +13%
First Trust Advisors
64
First Trust Advisors
Illinois
$3.12M +$27.4K +1,738 +0.9%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$3.08M +$933K +59,247 +44%
Bank of Montreal
66
Bank of Montreal
Ontario, Canada
$2.99M +$594K +37,695 +25%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$2.92M +$69.3K +4,400 +2%
VOYA Investment Management
68
VOYA Investment Management
Georgia
$2.91M
SIC
69
Salem Investment Counselors
North Carolina
$2.88M +$1.66M +105,634 +847%
Susquehanna International Group
70
Susquehanna International Group
Pennsylvania
$2.88M +$545K +34,583 +24%
Canada Life
71
Canada Life
Manitoba, Canada
$2.81M +$967K +61,387 +54%
RJA
72
Raymond James & Associates
Florida
$2.8M +$32.2K +2,045 +1%
CEP
73
Chicago Equity Partners
Illinois
$2.77M -$319K -20,255 -10%
Morgan Stanley
74
Morgan Stanley
New York
$2.76M -$2.34M -148,393 -46%
SO
75
STRS Ohio
Ohio
$2.54M +$45.4K +2,882 +2%

INN Hedge Fund Activity: Q1 2017 in Review

229 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2017, worth a combined $1.45B — up 3.9% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new INN positions and 29 closed out — a net gain of 1 holder — while 110 added to existing stakes and 61 trimmed.

The largest buyer was BlackRock, adding an estimated $211M. The largest seller was Millennium Management, exiting entirely with an estimated $11.2M sold.

  • 229 institutional investors held Summit Hotel Properties (INN) as of Q1 2017, down from 235 in Q4 2016.
  • Funds reported $1.45B of Summit Hotel Properties stock for Q1 2017, up 3.9% quarter-over-quarter.
  • 30 funds opened new Summit Hotel Properties positions in Q1 2017 and 29 closed out, a net change of +1 holder.
  • The largest Summit Hotel Properties buyer in Q1 2017 was BlackRock, an estimated $211M added.
  • The largest Summit Hotel Properties seller in Q1 2017 was Millennium Management, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2017.