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INN

Summit Hotel Properties

219 hedge funds and large institutions have $747M invested in Summit Hotel Properties in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

10,343% more call options, than puts

Call options by funds: $731K | Put options by funds: $7K

33% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 21

1% more funds holding

Funds holding: 217219 (+2)

2.11% less ownership

Funds ownership: 98.96%96.85% (-2.1%)

13% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 86

26% less capital invested

Capital invested by funds: $1B → $747M (-$256M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
219
Holders Change
+2
Holders Change %
+0.92%
% of All Funds
3.69%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
28
Increased
75
Reduced
86
Closed
21
Calls
$731K
Puts
$7K
Net Calls
+$724K
Net Calls Change
-$251K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
101
Shell Asset Management
Netherlands
$392K +$906 +103 +0.2%
Manulife (Manufacturers Life Insurance)
102
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$373K -$2.9K -330 -0.6%
MIM
103
MetLife Investment Management
New Jersey
$366K -$43.5K -4,947 -9%
H2CM
104
H/2 Credit Manager
Connecticut
$364K -$6.01M -684,000 -93%
AB
105
Amalgamated Bank
New York
$347K +$5.95K +677 +1%
PNC Financial Services Group
106
PNC Financial Services Group
Pennsylvania
$344K -$6.8K -773 -2%
T. Rowe Price Associates
107
T. Rowe Price Associates
Maryland
$338K -$13.4M -1,525,020 -97%
Mitsubishi UFJ Asset Management
108
Mitsubishi UFJ Asset Management
Japan
$329K
MM
109
MQS Management
New York
$318K +$110K +12,453 +40%
MSRPS
110
Maryland State Retirement & Pension System
Maryland
$317K +$7.46K +848 +2%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$316K +$88 +10 +0%
VOYA Investment Management
112
VOYA Investment Management
Georgia
$313K
Mariner
113
Mariner
Kansas
$312K -$9.75K -1,109 -3%
Franklin Resources
114
Franklin Resources
California
$311K -$146K -16,635 -28%
KeyBank National Association
115
KeyBank National Association
Ohio
$303K +$367K +41,706 New
PAMS
116
Pictet Asset Management (Switzerland)
Switzerland
$286K
CCIA
117
Cherry Creek Investment Advisors
Colorado
$284K
ECM
118
Elgethun Capital Management
South Dakota
$277K
Handelsbanken Fonder
119
Handelsbanken Fonder
Sweden
$263K -$94.1K -10,700 -23%
CC
120
Cipher Capital
New York
$263K +$318K +36,219 New
CM
121
CastleKnight Management
New York
$255K
NSEDCP
122
NJ State Employees Deferred Compensation Plan
New Jersey
$255K
OPERF
123
Oregon Public Employees Retirement Fund
Oregon
$252K -$49.2K -5,600 -14%
CAM
124
Cresset Asset Management
Illinois
$251K -$31.3K -3,554 -9%
GCM
125
Graham Capital Management
Connecticut
$244K -$31.2K -3,550 -10%

INN Hedge Fund Activity: Q2 2022 in Review

219 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2022, worth a combined $747M — down 26% from $1B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new INN positions and 21 closed out — a net gain of 7 holders — while 75 added to existing stakes and 86 trimmed.

The largest buyer was American Century Companies, adding an estimated $8.87M. The largest seller was T. Rowe Price Associates, cutting an estimated $13.4M.

  • 219 institutional investors held Summit Hotel Properties (INN) as of Q2 2022, up from 217 in Q1 2022.
  • Funds reported $747M of Summit Hotel Properties stock for Q2 2022, down 26% quarter-over-quarter.
  • 28 funds opened new Summit Hotel Properties positions in Q2 2022 and 21 closed out, a net change of +7 holders.
  • The largest Summit Hotel Properties buyer in Q2 2022 was American Century Companies, an estimated $8.87M added.
  • The largest Summit Hotel Properties seller in Q2 2022 was T. Rowe Price Associates, an estimated $13.4M sold.

Based on aggregated 13F filings for Q2 2022.