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INN

Summit Hotel Properties
INN

226 hedge funds and large institutions have $1.03B invested in Summit Hotel Properties in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 71 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 71

15% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 27

2% more funds holding

Funds holding: 222 → 226 (+4)

0.31% less ownership

Funds ownership: 101.46% → 101.15% (-0.31%)

29% less capital invested

Capital invested by funds: $1.44B → $1.03B (-$410M)

Holders
226
Holders Change
+4
Holders Change %
+1.8%
% of All Funds
5.04%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
31
Increased
89
Reduced
71
Closed
27
Calls
$2K
Puts
–
Net Calls
+$2K
Net Calls Change
+$2K

Top Buyers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
+$11.2M
2
BlackRock
BlackRock
New York
+$6.31M
3
WA
Wasatch Advisors
Utah
+$4M
4
SFM
Systematic Financial Management
New Jersey
+$3.95M
5
NA
NewEdge Advisors
Louisiana
+$3.92M

Top Sellers

Rank Fund Capital Flow
1
N
Nuveen
North Carolina
-$15.5M
2
AllianceBernstein
AllianceBernstein
Tennessee
-$7.09M
3
HRES
Heitman Real Estate Securities
Illinois
-$6.15M
4
LPL Financial
LPL Financial
California
-$3.87M
5
PI
Putnam Investments
Massachusetts
-$3.77M
Name Holding Trade Value Shares
Change 		Change in
Stake
Nomura Asset Management
101
Nomura Asset Management
Japan
$645K +$14.7K +1,300 +2%
SAM
102
Shell Asset Management
Netherlands
$644K -$63.5K -5,600 -8%
ACI
103
AMP Capital Investors
Australia
$634K – – –
ECM
104
EII Capital Management
New York
$630K -$37.3K -3,294 -5%
Arrowstreet Capital
105
Arrowstreet Capital
Massachusetts
$623K +$726K +64,028 New
BC
106
Banced Corp
Illinois
$620K +$241K +21,274 +50%
RA
107
RMR Advisors
Massachusetts
$615K – – –
Manulife (Manufacturers Life Insurance)
108
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$614K -$53.1K -4,685 -7%
HCMT
109
Highland Capital Management (Texas)
Texas
$610K +$183K +16,180 +35%
Fisher Asset Management
110
Fisher Asset Management
Washington
$579K – – –
EVM
111
Eaton Vance Management
Massachusetts
$504K +$199K +17,557 +51%
OAM
112
Oppenheimer Asset Management
New York
$496K -$61.4K -5,420 -10%
PDN
113
Pensionfund DSM Netherlands
Netherlands
$477K – – –
MIM
114
MetLife Investment Management
New Jersey
$468K – – –
Los Angeles Capital Management
115
Los Angeles Capital Management
California
$441K +$514K +45,335 New
LPL Financial
116
LPL Financial
California
$432K -$3.87M -341,341 -88%
PSUF
117
People's United Financial
Connecticut
$431K -$160K -14,154 -24%
VOYA Investment Management
118
VOYA Investment Management
Georgia
$427K +$28.4K +2,503 +6%
Russell Investments Group
119
Russell Investments Group
United Kingdom
$405K -$95.2K -8,396 -17%
ECM
120
Elgethun Capital Management
South Dakota
$402K +$5K +441 +1%
OPERF
121
Oregon Public Employees Retirement Fund
Oregon
$388K +$452K +39,841 New
MLICM
122
Metropolitan Life Insurance Company (MetLife)
New York
$386K -$2.13K -188 -0.5%
T. Rowe Price Associates
123
T. Rowe Price Associates
Maryland
$383K +$166K +14,677 +59%
LSERS
124
Louisiana State Employees Retirement System
Louisiana
$382K -$78.5K -6,925 -15%
AQR Capital Management
125
AQR Capital Management
Connecticut
$377K +$156K +13,762 +55%
3 4
5
6 7

INN Hedge Fund Activity: Q4 2018 in Review

226 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2018, worth a combined $1.03B — down 29% from $1.44B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new INN positions and 27 closed out — a net gain of 4 holders — while 89 added to existing stakes and 71 trimmed.

The largest buyer was Invesco, adding an estimated $11.2M. The largest seller was Nuveen, cutting an estimated $15.5M.

  • 226 institutional investors held Summit Hotel Properties (INN) as of Q4 2018, up from 222 in Q3 2018.
  • Funds reported $1.03B of Summit Hotel Properties stock for Q4 2018, down 29% quarter-over-quarter.
  • 31 funds opened new Summit Hotel Properties positions in Q4 2018 and 27 closed out, a net change of +4 holders.
  • The largest Summit Hotel Properties buyer in Q4 2018 was Invesco, an estimated $11.2M added.
  • The largest Summit Hotel Properties seller in Q4 2018 was Nuveen, an estimated $15.5M sold.

Based on aggregated 13F filings for Q4 2018.