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INN

Summit Hotel Properties

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: 11 (0)

2% less ownership

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

4% less funds holding

Funds holding: 213204 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
Truist Financial
51
Truist Financial
North Carolina
$1.36M -$5.07K -766 -0.4%
Canada Life
52
Canada Life
Manitoba, Canada
$1.3M -$17.7K -2,673 -1%
RJA
53
Raymond James & Associates
Florida
$1.25M -$15.8K -2,382 -1%
Public Sector Pension Investment Board (PSP Investments)
54
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.24M +$18.2K +2,755 +1%
SG Americas Securities
55
SG Americas Securities
New York
$1.23M +$131K +19,725 +12%
Asset Management One
56
Asset Management One
Japan
$1.22M +$99.5K +15,040 +9%
SEI Investments
57
SEI Investments
Pennsylvania
$1.22M -$1.1M -166,132 -47%
GCP
58
GSA Capital Partners
United Kingdom
$1.12M +$1.14M +172,263 New
BCI
59
Brinker Capital Investments
Pennsylvania
$1.1M -$50.9K -7,698 -4%
OPS
60
Orion Portfolio Solutions
Nebraska
$1.1M -$50.9K -7,698 -4%
CM
61
CastleKnight Management
New York
$1.06M -$353K -53,424 -25%
US Bancorp
62
US Bancorp
Minnesota
$978K -$22.4K -3,384 -2%
Ohio Public Employees Retirement System (OPERS)
63
Ohio Public Employees Retirement System (OPERS)
Ohio
$948K -$1.61K -244 -0.2%
New York State Teachers Retirement System (NYSTRS)
64
New York State Teachers Retirement System (NYSTRS)
New York
$927K -$5.29K -800 -0.6%
AllianceBernstein
65
AllianceBernstein
Tennessee
$885K -$5.01K -758 -0.6%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$839K -$26K -3,928 -3%
Sumitomo Mitsui Trust Group
67
Sumitomo Mitsui Trust Group
Japan
$797K
COPPSERS
68
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$791K +$54.9K +8,296 +7%
MAM
69
Martingale Asset Management
Massachusetts
$783K -$53.6K -8,102 -6%
IP
70
Isthmus Partners
Wisconsin
$779K +$19.7K +2,981 +3%
SOADOR
71
State of Alaska Department of Revenue
Alaska
$778K -$50.7K -7,667 -6%
Nomura Asset Management
72
Nomura Asset Management
Japan
$752K +$46.3K +7,000 +6%
Zurich Cantonal Bank
73
Zurich Cantonal Bank
Switzerland
$745K +$39.2K +5,931 +5%
JF
74
Jump Financial
Illinois
$713K +$724K +109,500 New
NA
75
NewEdge Advisors
Louisiana
$710K -$79.4K -12,000 -10%

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.