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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.91M |
| 2 |
Goldman Sachs
New York
|
+$5.02M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.08M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.87M |
| 5 |
Jennison Associates
New York
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.72M |
| 3 |
Lazard Asset Management
New York
|
-$3.57M |
| 4 |
Millennium Management
New York
|
-$3.16M |
| 5 |
State Street
Boston,
Massachusetts
|
-$3.04M |
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.