Summit Hotel Properties
INN
249 hedge funds and large institutions have $1.42B invested in Summit Hotel Properties in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 93 increasing their positions, 77 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
21% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 77
9% more capital invested
Capital invested by funds: $1.31B → $1.42B (+$114M)
2.36% more ownership
Funds ownership: 107.19% → 109.54% (+2.4%)
2% more funds holding
Funds holding: 244 → 249 (+5)
92% less call options, than puts
Call options by funds: $18K | Put options by funds: $227K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$27.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.18M |
| 3 |
ClearBridge Investments
New York
|
+$6.31M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$6.01M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$9.76M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$9.58M |
| 3 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$9.54M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$8.23M |
| 5 |
State Street
Boston,
Massachusetts
|
-$4.43M |
INN Hedge Fund Activity: Q4 2019 in Review
249 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2019, worth a combined $1.42B — up 8.7% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new INN positions and 19 closed out — a net gain of 14 holders — while 93 added to existing stakes and 77 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $27.7M. The largest seller was Monarch Partners Asset Management, exiting entirely with an estimated $9.76M sold.
- 249 institutional investors held Summit Hotel Properties (INN) as of Q4 2019, up from 244 in Q3 2019.
- Funds reported $1.42B of Summit Hotel Properties stock for Q4 2019, up 8.7% quarter-over-quarter.
- 33 funds opened new Summit Hotel Properties positions in Q4 2019 and 19 closed out, a net change of +14 holders.
- The largest Summit Hotel Properties buyer in Q4 2019 was Goldman Sachs, an estimated $27.7M added.
- The largest Summit Hotel Properties seller in Q4 2019 was Monarch Partners Asset Management, an estimated $9.76M sold.
Based on aggregated 13F filings for Q4 2019.