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INN

Summit Hotel Properties

206 hedge funds and large institutions have $572M invested in Summit Hotel Properties in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 84 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 24

1% more funds holding

Funds holding: 204206 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.4% less ownership

Funds ownership: 96.11%91.71% (-4.4%)

15% less capital invested

Capital invested by funds: $673M → $572M (-$101M)

30% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 84

98% less call options, than puts

Call options by funds: $11K | Put options by funds: $582K

Holders
206
Holders Change
+2
Holders Change %
+0.98%
% of All Funds
3.27%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
27
Increased
59
Reduced
84
Closed
24
Calls
$11K
Puts
$582K
Net Calls
-$571K
Net Calls Change
+$2.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
51
Canada Life
Manitoba, Canada
$1.22M +$58.9K +9,866 +5%
RJA
52
Raymond James & Associates
Florida
$1.1M -$9.51K -1,593 -0.8%
SEI Investments
53
SEI Investments
Pennsylvania
$1.06M -$22.4K -3,752 -2%
Balyasny Asset Management
54
Balyasny Asset Management
Illinois
$1.03M +$1.06M +177,167 New
BCI
55
Brinker Capital Investments
Pennsylvania
$974K -$5.9K -989 -0.6%
OPS
56
Orion Portfolio Solutions
Nebraska
$974K -$5.9K -989 -0.6%
Asset Management One
57
Asset Management One
Japan
$960K -$133K -22,231 -12%
Ohio Public Employees Retirement System (OPERS)
58
Ohio Public Employees Retirement System (OPERS)
Ohio
$895K +$51.7K +8,663 +6%
GCP
59
GSA Capital Partners
United Kingdom
$887K -$115K -19,343 -11%
US Bancorp
60
US Bancorp
Minnesota
$868K -$3.41K -571 -0.4%
New York State Teachers Retirement System (NYSTRS)
61
New York State Teachers Retirement System (NYSTRS)
New York
$826K
Public Sector Pension Investment Board (PSP Investments)
62
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$771K -$345K -57,797 -30%
AllianceBernstein
63
AllianceBernstein
Tennessee
$741K -$49.2K -8,238 -6%
IP
64
Isthmus Partners
Wisconsin
$720K +$26.3K +4,411 +4%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$685K -$64.4K -10,793 -8%
SOADOR
66
State of Alaska Department of Revenue
Alaska
$675K -$17.9K -2,991 -2%
Sumitomo Mitsui Trust Group
67
Sumitomo Mitsui Trust Group
Japan
$670K -$40.9K -6,849 -6%
Nomura Asset Management
68
Nomura Asset Management
Japan
$668K -$2.39K -400 -0.3%
Zurich Cantonal Bank
69
Zurich Cantonal Bank
Switzerland
$664K
NA
70
NewEdge Advisors
Louisiana
$633K
Thrivent Financial for Lutherans
71
Thrivent Financial for Lutherans
Minnesota
$571K -$26.2K -4,397 -4%
HSBC Holdings
72
HSBC Holdings
United Kingdom
$569K -$64.8K -10,848 -10%
AG
73
Algert Global
California
$557K +$319K +53,430 +125%
Amundi
74
Amundi
France
$546K
MAM
75
Martingale Asset Management
Massachusetts
$543K -$159K -26,604 -22%

INN Hedge Fund Activity: Q3 2023 in Review

206 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2023, worth a combined $572M — down 15% from $673M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new INN positions and 24 closed out — a net gain of 3 holders — while 59 added to existing stakes and 84 trimmed.

The largest buyer was H/2 Credit Manager, adding an estimated $10.6M. The largest seller was JP Morgan Chase, cutting an estimated $8.89M.

  • 206 institutional investors held Summit Hotel Properties (INN) as of Q3 2023, up from 204 in Q2 2023.
  • Funds reported $572M of Summit Hotel Properties stock for Q3 2023, down 15% quarter-over-quarter.
  • 27 funds opened new Summit Hotel Properties positions in Q3 2023 and 24 closed out, a net change of +3 holders.
  • The largest Summit Hotel Properties buyer in Q3 2023 was H/2 Credit Manager, an estimated $10.6M added.
  • The largest Summit Hotel Properties seller in Q3 2023 was JP Morgan Chase, an estimated $8.89M sold.

Based on aggregated 13F filings for Q3 2023.