Summit Hotel Properties
INN
221 hedge funds and large institutions have $1.06B invested in Summit Hotel Properties in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 85 increasing their positions, 75 reducing their positions, and 20 closing their positions.
326% more call options, than puts
Call options by funds: $741K | Put options by funds: $174K
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
19% more capital invested
Capital invested by funds: $891M → $1.06B (+$168M)
13% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 75
5.5% more ownership
Funds ownership: 93.26% → 98.76% (+5.5%)
2% more funds holding
Funds holding: 217 → 221 (+4)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$11.4M |
| 2 |
Jennison Associates
New York
|
+$11.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$7.73M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.41M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$13.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$6.68M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$4.47M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$3.46M |
| 5 |
AFG
Allegheny Financial Group
Pittsburgh,
Pennsylvania
|
-$3.18M |
INN Hedge Fund Activity: Q1 2021 in Review
221 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2021, worth a combined $1.06B — up 19% from $891M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new INN positions and 20 closed out — a net gain of 6 holders — while 85 added to existing stakes and 75 trimmed.
The largest buyer was Bank of America, adding an estimated $11.4M. The largest seller was LSV Asset Management, cutting an estimated $13.9M.
- 221 institutional investors held Summit Hotel Properties (INN) as of Q1 2021, up from 217 in Q4 2020.
- Funds reported $1.06B of Summit Hotel Properties stock for Q1 2021, up 19% quarter-over-quarter.
- 26 funds opened new Summit Hotel Properties positions in Q1 2021 and 20 closed out, a net change of +6 holders.
- The largest Summit Hotel Properties buyer in Q1 2021 was Bank of America, an estimated $11.4M added.
- The largest Summit Hotel Properties seller in Q1 2021 was LSV Asset Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2021.