We are live on ! Find out more
INN

Summit Hotel Properties
INN

241 hedge funds and large institutions have $1.88B invested in Summit Hotel Properties in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 120 increasing their positions, 68 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 68

67% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 18

64% more call options, than puts

Call options by funds: $603K | Put options by funds: $367K

29% more capital invested

Capital invested by funds: $1.45B → $1.88B (+$422M)

5% more funds holding

Funds holding: 229 → 241 (+12)

0.23% less ownership

Funds ownership: 96.81% → 96.58% (-0.23%)

Holders
241
Holders Change
+12
Holders Change %
+5.24%
% of All Funds
6.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
30
Increased
120
Reduced
68
Closed
18
Calls
$603K
Puts
$367K
Net Calls
+$236K
Net Calls Change
+$281K

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$64M
2
BlackRock
BlackRock
New York
+$55.3M
3
Norges Bank
Norges Bank
Norway
+$19.2M
4
GKIM
GW&K Investment Management
Massachusetts
+$16.6M
5
Principal Financial Group
Principal Financial Group
Iowa
+$10.5M

Top Sellers

Rank Fund Capital Flow
1
N
Nuveen
North Carolina
-$31.1M
2
PI
Putnam Investments
Massachusetts
-$9.02M
3
Jennison Associates
Jennison Associates
New York
-$8.35M
4
Goldman Sachs
Goldman Sachs
New York
-$6.5M
5
CLM
ClearBridge LLC (Maryland)
Maryland
-$3.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
State of Tennessee, Department of Treasury
101
State of Tennessee, Department of Treasury
Tennessee
$1.79M +$260K +14,900 +18%
BC
102
Brinker Capital
Pennsylvania
$1.77M +$557K +31,928 +51%
Barclays
103
Barclays
United Kingdom
$1.77M +$1.27M +72,806 +332%
Sumitomo Mitsui Trust Group
104
Sumitomo Mitsui Trust Group
Japan
$1.76M +$85.6K +4,906 +5%
First Trust Advisors
105
First Trust Advisors
Illinois
$1.73M -$1.79M -102,423 -53%
PI
106
Putnam Investments
Massachusetts
$1.66M -$9.02M -517,443 -85%
NEI
107
Northwest & Ethical Investments
Ontario, Canada
$1.59M +$170K +9,769 +13%
CIP
108
Convergence Investment Partners
Florida
$1.58M -$490K -28,098 -25%
Fisher Asset Management
109
Fisher Asset Management
Washington
$1.49M +$312K +17,911 +29%
SCM
110
Sterling Capital Management
North Carolina
$1.46M -$384K -22,000 -22%
Manulife (Manufacturers Life Insurance)
111
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.45M +$199K +11,391 +17%
SAM
112
Shell Asset Management
Netherlands
$1.44M – – –
AIG
113
American International Group
New York
$1.43M +$411K +23,559 +44%
TPSF
114
Texas Permanent School Fund
Texas
$1.42M +$146K +8,396 +12%
HIM
115
Hillsdale Investment Management
Ontario, Canada
$1.41M +$1.32M +75,700 New
MLICM
116
Metropolitan Life Insurance Company (MetLife)
New York
$1.41M +$190K +10,892 +17%
Schroder Investment Management Group
117
Schroder Investment Management Group
United Kingdom
$1.39M +$234K +13,400 +22%
SOADOR
118
State of Alaska Department of Revenue
Alaska
$1.36M +$245K +14,069 +24%
Credit Agricole
119
Credit Agricole
France
$1.32M -$110K -6,318 -8%
MC
120
Menta Capital
California
$1.28M +$1.2M +68,661 New
Nomura Asset Management
121
Nomura Asset Management
Japan
$1.25M +$161K +9,250 +16%
BNP Paribas Financial Markets
122
BNP Paribas Financial Markets
France
$1.23M +$306K +17,545 +36%
State of New Jersey Common Pension Fund D
123
State of New Jersey Common Pension Fund D
New Jersey
$1.21M +$1.13M +65,000 New
UBS Group
124
UBS Group
Switzerland
$1.2M +$325K +18,653 +41%
Los Angeles Capital Management
125
Los Angeles Capital Management
California
$1.13M +$1.06M +60,645 New
3 4
5
6 7

INN Hedge Fund Activity: Q2 2017 in Review

241 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2017, worth a combined $1.88B — up 29% from $1.45B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new INN positions and 18 closed out — a net gain of 12 holders — while 120 added to existing stakes and 68 trimmed.

The largest buyer was Vanguard Group, adding an estimated $64M. The largest seller was Nuveen, cutting an estimated $31.1M.

  • 241 institutional investors held Summit Hotel Properties (INN) as of Q2 2017, up from 229 in Q1 2017.
  • Funds reported $1.88B of Summit Hotel Properties stock for Q2 2017, up 29% quarter-over-quarter.
  • 30 funds opened new Summit Hotel Properties positions in Q2 2017 and 18 closed out, a net change of +12 holders.
  • The largest Summit Hotel Properties buyer in Q2 2017 was Vanguard Group, an estimated $64M added.
  • The largest Summit Hotel Properties seller in Q2 2017 was Nuveen, an estimated $31.1M sold.

Based on aggregated 13F filings for Q2 2017.