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INN

Summit Hotel Properties
INN

228 hedge funds and large institutions have $1.62B invested in Summit Hotel Properties in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 88 increasing their positions, 84 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

305% more call options, than puts

Call options by funds: $304K | Put options by funds: $75K

5% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 84

0.39% more ownership

Funds ownership: 96.58% → 96.96% (+0.39%)

5% less funds holding

Funds holding: 241 → 228 (-13)

14% less capital invested

Capital invested by funds: $1.88B → $1.62B (-$259M)

23% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 35

Holders
228
Holders Change
-13
Holders Change %
-5.39%
% of All Funds
5.68%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
27
Increased
88
Reduced
84
Closed
35
Calls
$304K
Puts
$75K
Net Calls
+$229K
Net Calls Change
-$7K

Top Buyers

1
N
Nuveen
North Carolina
+$34.2M
2
HRES
Heitman Real Estate Securities
Illinois
+$26.1M
3
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$12.6M
4
Millennium Management
Millennium Management
New York
+$10.1M
5
WHG
Westwood Holdings Group
Texas
+$8.77M

Top Sellers

1
TA
Teachers Advisors
New York
-$17.1M
2
Comerica Bank
Comerica Bank
Texas
-$15.2M
3
Franklin Resources
Franklin Resources
California
-$13.9M
4
AL
AJO LP
Pennsylvania
-$9.53M
5
PAM
Panagora Asset Management
Massachusetts
-$8.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
New York State Teachers Retirement System (NYSTRS)
76
New York State Teachers Retirement System (NYSTRS)
New York
$2.51M -$1.62K -100 -0.1%
Citigroup
77
Citigroup
New York
$2.45M -$119K -7,353 -5%
NA
78
Navellier & Associates
Nevada
$2.42M -$68.1K -4,191 -3%
ERSOT
79
Employees Retirement System of Texas
Texas
$2.29M – – –
Grantham, Mayo, Van Otterloo & Co (GMO)
80
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.12M -$286K -17,600 -12%
CPP
81
Crow Point Partners
Massachusetts
$2M – – –
GA
82
GRS Advisors
Illinois
$1.95M +$1.98M +121,828 New
VIA
83
Vident Investment Advisory
Georgia
$1.94M +$145K +8,953 +8%
First Trust Advisors
84
First Trust Advisors
Illinois
$1.9M +$425K +26,182 +28%
California Public Employees Retirement System
85
California Public Employees Retirement System
California
$1.89M +$9.63K +593 +0.5%
GCP
86
GSA Capital Partners
United Kingdom
$1.85M +$1.56M +96,194 +486%
NEI
87
Northwest & Ethical Investments
Ontario, Canada
$1.73M +$374K +23,049 +27%
PSUF
88
People's United Financial
Connecticut
$1.72M +$70K +4,308 +4%
Susquehanna International Group
89
Susquehanna International Group
Pennsylvania
$1.67M -$1.47M -90,500 -46%
MOACM
90
Mutual of America Capital Management
New York
$1.66M +$1.69M +104,065 New
SB
91
Suntrust Banks
Georgia
$1.63M +$1.39M +85,536 +515%
PIA
92
Piedmont Investment Advisors
North Carolina
$1.63M +$1.29M +79,189 +351%
TIAAOA
93
Teachers Insurance & Annuity Association of America
New York
$1.62M – – –
Sumitomo Mitsui Trust Group
94
Sumitomo Mitsui Trust Group
Japan
$1.62M +$115K +7,106 +8%
RA
95
RMR Advisors
Massachusetts
$1.57M – – –
FIM
96
Freedom Investment Management
Connecticut
$1.56M -$63.7K -3,920 -4%
BC
97
Brinker Capital
Pennsylvania
$1.53M +$15.9K +977 +1%
State of New Jersey Common Pension Fund D
98
State of New Jersey Common Pension Fund D
New Jersey
$1.52M +$487K +30,000 +46%
State of Tennessee, Department of Treasury
99
State of Tennessee, Department of Treasury
Tennessee
$1.44M -$92.6K -5,704 -6%
PAM
100
Panagora Asset Management
Massachusetts
$1.43M -$8.7M -535,600 -86%
2 3
4
5 6

INN Hedge Fund Activity: Q3 2017 in Review

228 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2017, worth a combined $1.62B — down 14% from $1.88B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of INN and 27 opened new positions — a net loss of 8 holders — while 84 trimmed existing stakes and 88 added.

The largest buyer was Nuveen, adding an estimated $34.2M. The largest seller was Teachers Advisors, cutting an estimated $17.1M.

  • 228 institutional investors held Summit Hotel Properties (INN) as of Q3 2017, down from 241 in Q2 2017.
  • Funds reported $1.62B of Summit Hotel Properties stock for Q3 2017, down 14% quarter-over-quarter.
  • 27 funds opened new Summit Hotel Properties positions in Q3 2017 and 35 closed out, a net change of -8 holders.
  • The largest Summit Hotel Properties buyer in Q3 2017 was Nuveen, an estimated $34.2M added.
  • The largest Summit Hotel Properties seller in Q3 2017 was Teachers Advisors, an estimated $17.1M sold.

Based on aggregated 13F filings for Q3 2017.