Summit Hotel Properties
INN
217 hedge funds and large institutions have $891M invested in Summit Hotel Properties in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 84 reducing their positions, and 25 closing their positions.
2,923% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $35K
81% more capital invested
Capital invested by funds: $493M → $891M (+$397M)
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
2.65% more ownership
Funds ownership: 90.6% → 93.26% (+2.7%)
1% more funds holding
Funds holding: 214 → 217 (+3)
19% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.04M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.08M |
| 3 |
Jennison Associates
New York
|
+$6.56M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.75M |
| 5 |
Lazard Asset Management
New York
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$8.43M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$5.38M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$3.49M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$2.47M |
| 5 |
HWC
Hill Winds Capital
High Falls,
New York
|
-$2.15M |
INN Hedge Fund Activity: Q4 2020 in Review
217 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2020, worth a combined $891M — up 81% from $493M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new INN positions and 25 closed out — a net gain of 6 holders — while 68 added to existing stakes and 84 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $9.04M. The largest seller was Nuveen, cutting an estimated $8.43M.
- 217 institutional investors held Summit Hotel Properties (INN) as of Q4 2020, up from 214 in Q3 2020.
- Funds reported $891M of Summit Hotel Properties stock for Q4 2020, up 81% quarter-over-quarter.
- 31 funds opened new Summit Hotel Properties positions in Q4 2020 and 25 closed out, a net change of +6 holders.
- The largest Summit Hotel Properties buyer in Q4 2020 was T. Rowe Price Associates, an estimated $9.04M added.
- The largest Summit Hotel Properties seller in Q4 2020 was Nuveen, an estimated $8.43M sold.
Based on aggregated 13F filings for Q4 2020.