Summit Hotel Properties
INN
213 hedge funds and large institutions have $734M invested in Summit Hotel Properties in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 84 reducing their positions, and 24 closing their positions.
116,000% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $1K
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0.51% more ownership
Funds ownership: 97.6% → 98.11% (+0.51%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less funds holding
Funds holding: 214 → 213 (-1)
1% less capital invested
Capital invested by funds: $742M → $734M (-$8.04M)
23% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$12.3M |
| 2 |
Millennium Management
New York
|
+$5.86M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.77M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.4M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$7.85M |
| 2 |
BlackRock
New York
|
-$4.68M |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$2.23M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2M |
INN Hedge Fund Activity: Q1 2023 in Review
213 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2023, worth a combined $734M — down 1.1% from $742M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new INN positions and 24 closed out — a net gain of 2 holders — while 65 added to existing stakes and 84 trimmed.
The largest buyer was H/2 Credit Manager, adding an estimated $12.3M. The largest seller was Macquarie Group, cutting an estimated $7.85M.
- 213 institutional investors held Summit Hotel Properties (INN) as of Q1 2023, down from 214 in Q4 2022.
- Funds reported $734M of Summit Hotel Properties stock for Q1 2023, down 1.1% quarter-over-quarter.
- 26 funds opened new Summit Hotel Properties positions in Q1 2023 and 24 closed out, a net change of +2 holders.
- The largest Summit Hotel Properties buyer in Q1 2023 was H/2 Credit Manager, an estimated $12.3M added.
- The largest Summit Hotel Properties seller in Q1 2023 was Macquarie Group, an estimated $7.85M sold.
Based on aggregated 13F filings for Q1 2023.