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INN

Summit Hotel Properties
INN

226 hedge funds and large institutions have $1.57B invested in Summit Hotel Properties in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 97 increasing their positions, 78 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

20,900% more call options, than puts

Call options by funds: $210K | Put options by funds: $1K

24% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 78

2.04% more ownership

Funds ownership: 96.96% → 99% (+2%)

1% less funds holding

Funds holding: 228 → 226 (-2)

3% less capital invested

Capital invested by funds: $1.62B → $1.57B (-$44.7M)

8% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 26

Holders
226
Holders Change
-2
Holders Change %
-0.88%
% of All Funds
5.13%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
24
Increased
97
Reduced
78
Closed
26
Calls
$210K
Puts
$1K
Net Calls
+$209K
Net Calls Change
-$20K

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$31M
2
N
Nuveen
North Carolina
+$24.1M
3
Victory Capital Management
Victory Capital Management
Texas
+$18.5M
4
GKIM
GW&K Investment Management
Massachusetts
+$6.94M
5
LPL Financial
LPL Financial
California
+$6.81M

Top Sellers

Rank Fund Capital Flow
1
Principal Financial Group
Principal Financial Group
Iowa
-$28.8M
2
Vanguard Group
Vanguard Group
Pennsylvania
-$11.4M
3
ICOA
Investment Centers of America
North Dakota
-$7.56M
4
Bank of America
Bank of America
North Carolina
-$6.15M
5
NAP
New Amsterdam Partners
New York
-$5.24M
Name Holding Trade Value Shares
Change 		Change in
Stake
ERSOT
76
Employees Retirement System of Texas
Texas
$2.18M – – –
VIA
77
Vident Investment Advisory
Georgia
$2.02M +$183K +11,863 +10%
Grantham, Mayo, Van Otterloo & Co (GMO)
78
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.93M -$92.8K -6,000 -5%
CPP
79
Crow Point Partners
Massachusetts
$1.93M – – –
California Public Employees Retirement System
80
California Public Employees Retirement System
California
$1.82M +$22.3K +1,440 +1%
BC
81
Brinker Capital
Pennsylvania
$1.77M +$312K +20,181 +21%
PSUF
82
People's United Financial
Connecticut
$1.69M +$54.8K +3,546 +3%
MOACM
83
Mutual of America Capital Management
New York
$1.68M +$95.5K +6,175 +6%
Axa
84
Axa
France
$1.58M +$509K +32,900 +47%
UBS Group
85
UBS Group
Switzerland
$1.58M +$433K +28,014 +37%
SAM
86
Securian Asset Management
Minnesota
$1.54M +$825K +53,400 +111%
PIA
87
Piedmont Investment Advisors
North Carolina
$1.53M -$19.8K -1,279 -1%
Fisher Asset Management
88
Fisher Asset Management
Washington
$1.5M +$290K +18,733 +23%
RA
89
RMR Advisors
Massachusetts
$1.5M – – –
Schroder Investment Management Group
90
Schroder Investment Management Group
United Kingdom
$1.46M +$131K +8,451 +10%
State of New Jersey Common Pension Fund D
91
State of New Jersey Common Pension Fund D
New Jersey
$1.45M – – –
CCMH
92
Cornerstone Capital Management Holdings
New York
$1.44M -$1.23M -79,300 -46%
Sumitomo Mitsui Trust Group
93
Sumitomo Mitsui Trust Group
Japan
$1.42M -$133K -8,604 -8%
VRS
94
Virginia Retirement Systems
Virginia
$1.42M +$1.44M +93,000 New
Two Sigma Advisers
95
Two Sigma Advisers
New York
$1.41M +$366K +23,700 +34%
Barclays
96
Barclays
United Kingdom
$1.39M +$220K +14,260 +19%
AQR Capital Management
97
AQR Capital Management
Connecticut
$1.31M -$2.35K -152 -0.2%
DCM
98
Dupont Capital Management
Delaware
$1.31M +$617K +39,908 +87%
AAMU
99
Amundi Asset Management US
Massachusetts
$1.3M +$1.32M +85,533 New
Bank of Montreal
100
Bank of Montreal
Ontario, Canada
$1.29M -$3.11M -201,300 -70%
2 3
4
5 6

INN Hedge Fund Activity: Q4 2017 in Review

226 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2017, worth a combined $1.57B — down 2.8% from $1.62B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of INN and 24 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 97 added.

The largest buyer was Millennium Management, adding an estimated $31M. The largest seller was Principal Financial Group, cutting an estimated $28.8M.

  • 226 institutional investors held Summit Hotel Properties (INN) as of Q4 2017, down from 228 in Q3 2017.
  • Funds reported $1.57B of Summit Hotel Properties stock for Q4 2017, down 2.8% quarter-over-quarter.
  • 24 funds opened new Summit Hotel Properties positions in Q4 2017 and 26 closed out, a net change of -2 holders.
  • The largest Summit Hotel Properties buyer in Q4 2017 was Millennium Management, an estimated $31M added.
  • The largest Summit Hotel Properties seller in Q4 2017 was Principal Financial Group, an estimated $28.8M sold.

Based on aggregated 13F filings for Q4 2017.