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INN

Summit Hotel Properties

204 hedge funds and large institutions have $673M invested in Summit Hotel Properties in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 82 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less ownership

Funds ownership: 98.11%96.11% (-2%)

4% less funds holding

Funds holding: 213204 (-9)

8% less capital invested

Capital invested by funds: $734M → $673M (-$61.2M)

16% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 82

33% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 27

98% less call options, than puts

Call options by funds: $63K | Put options by funds: $2.93M

Holders
204
Holders Change
-9
Holders Change %
-4.23%
% of All Funds
3.2%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
69
Reduced
82
Closed
27
Calls
$63K
Puts
$2.93M
Net Calls
-$2.87M
Net Calls Change
-$4.03M
Name Holding Trade Value Shares
Change
Change in
Stake
HSBC Holdings
76
HSBC Holdings
United Kingdom
$710K +$236K +35,711 +49%
Thrivent Financial for Lutherans
77
Thrivent Financial for Lutherans
Minnesota
$669K -$20.7K -3,127 -3%
UBS Group
78
UBS Group
Switzerland
$665K +$184K +27,789 +37%
Wells Fargo
79
Wells Fargo
California
$661K +$91.4K +13,818 +16%
Amundi
80
Amundi
France
$637K -$3.61K -545 -0.6%
TPSF
81
Texas Permanent School Fund
Texas
$612K -$8.47K -1,280 -1%
Ensign Peak Advisors
82
Ensign Peak Advisors
Utah
$585K
Nisa Investment Advisors
83
Nisa Investment Advisors
Missouri
$578K -$734 -111 -0.1%
Citigroup
84
Citigroup
New York
$567K +$202K +30,476 +54%
D.E. Shaw & Co
85
D.E. Shaw & Co
New York
$566K -$100K -15,170 -15%
Qube Research & Technologies (QRT)
86
Qube Research & Technologies (QRT)
United Kingdom
$496K +$504K +76,130 New
PDN
87
Pensionfund DSM Netherlands
Netherlands
$449K
Fidelity Investments
88
Fidelity Investments
Massachusetts
$433K +$9.55K +1,444 +2%
Natixis Advisors
89
Natixis Advisors
Massachusetts
$422K +$11.6K +1,746 +3%
Mitsubishi UFJ Asset Management
90
Mitsubishi UFJ Asset Management
Japan
$415K
State of Tennessee, Department of Treasury
91
State of Tennessee, Department of Treasury
Tennessee
$411K -$29.1K -4,397 -7%
OAM
92
Oppenheimer Asset Management
New York
$410K +$11K +1,659 +3%
Mariner
93
Mariner
Kansas
$405K -$45.5K -6,879 -10%
T. Rowe Price Associates
94
T. Rowe Price Associates
Maryland
$398K +$7.06K +1,067 +2%
YCM
95
Yousif Capital Management
Michigan
$373K -$20.1K -3,044 -5%
AIG
96
American International Group
New York
$367K -$5.83K -881 -2%
LSERS
97
Louisiana State Employees Retirement System
Louisiana
$367K +$43.7K +6,600 +13%
MIM
98
MetLife Investment Management
New Jersey
$360K +$35.5K +5,371 +11%
Grantham, Mayo, Van Otterloo & Co (GMO)
99
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$340K +$119K +17,963 +52%
Manulife (Manufacturers Life Insurance)
100
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$323K +$4.47K +675 +1%

INN Hedge Fund Activity: Q2 2023 in Review

204 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2023, worth a combined $673M — down 8.3% from $734M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of INN and 18 opened new positions — a net loss of 9 holders — while 82 trimmed existing stakes and 69 added.

The largest buyer was BlackRock, adding an estimated $6.01M. The largest seller was Macquarie Group, cutting an estimated $24.6M.

  • 204 institutional investors held Summit Hotel Properties (INN) as of Q2 2023, down from 213 in Q1 2023.
  • Funds reported $673M of Summit Hotel Properties stock for Q2 2023, down 8.3% quarter-over-quarter.
  • 18 funds opened new Summit Hotel Properties positions in Q2 2023 and 27 closed out, a net change of -9 holders.
  • The largest Summit Hotel Properties buyer in Q2 2023 was BlackRock, an estimated $6.01M added.
  • The largest Summit Hotel Properties seller in Q2 2023 was Macquarie Group, an estimated $24.6M sold.

Based on aggregated 13F filings for Q2 2023.