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.
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
Top Buyers
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$34.2M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$26.1M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$12.6M |
| 4 |
Millennium Management
New York
|
+$10.1M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$8.77M |
Top Sellers
| 1 |
TA
Teachers Advisors
New York
|
-$17.1M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$15.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$13.9M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$9.53M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$8.7M |
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.