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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
UBS AM
76
UBS AM
Illinois
$2.52M +$555K +35,206 +29%
New York State Teachers Retirement System (NYSTRS)
77
New York State Teachers Retirement System (NYSTRS)
New York
$2.5M +$28.4K +1,800 +1%
Norges Bank
78
Norges Bank
Norway
$2.5M +$2.46M +156,224 New
NA
79
Navellier & Associates
Nevada
$2.42M +$261K +16,561 +12%
GC
80
Guggenheim Capital
Illinois
$2.42M +$467K +29,641 +24%
CS
81
Comerica Securities
Michigan
$2.38M -$670K -42,497 -22%
Swiss National Bank
82
Swiss National Bank
Switzerland
$2.31M
ERSOT
83
Employees Retirement System of Texas
Texas
$2.29M
JIR
84
James Investment Research
Ohio
$1.9M +$1.87M +118,876 New
Citigroup
85
Citigroup
New York
$1.86M -$1.23M -77,862 -40%
CIP
86
Convergence Investment Partners
Florida
$1.8M -$76.2K -4,834 -4%
VIA
87
Vident Investment Advisory
Georgia
$1.76M +$1.74M +110,174 New
California Public Employees Retirement System
88
California Public Employees Retirement System
California
$1.72M -$4.73K -300 -0.3%
Bessemer Group
89
Bessemer Group
New Jersey
$1.63M +$1.13M +71,800 +239%
SCM
90
Sterling Capital Management
North Carolina
$1.6M
IA
91
IndexIQ Advisors
New York
$1.59M +$264K +16,753 +20%
RA
92
RMR Advisors
Massachusetts
$1.57M
Thrivent Financial for Lutherans
93
Thrivent Financial for Lutherans
Minnesota
$1.55M +$68.8K +4,370 +5%
Russell Investments Group
94
Russell Investments Group
United Kingdom
$1.54M -$384K -24,390 -20%
New York State Common Retirement Fund
95
New York State Common Retirement Fund
New York
$1.49M +$16 +1 +0%
Sumitomo Mitsui Trust Group
96
Sumitomo Mitsui Trust Group
Japan
$1.43M +$4.95K +314 +0.4%
TIAAOA
97
Teachers Insurance & Annuity Association of America
New York
$1.42M
PSUF
98
People's United Financial
Connecticut
$1.42M
FIM
99
Freedom Investment Management
Connecticut
$1.33M +$291K +18,486 +29%
State of Tennessee, Department of Treasury
100
State of Tennessee, Department of Treasury
Tennessee
$1.29M +$193K +12,232 +18%

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.