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INN

Summit Hotel Properties

206 hedge funds and large institutions have $572M invested in Summit Hotel Properties in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 84 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 24

1% more funds holding

Funds holding: 204206 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.4% less ownership

Funds ownership: 96.11%91.71% (-4.4%)

15% less capital invested

Capital invested by funds: $673M → $572M (-$101M)

30% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 84

98% less call options, than puts

Call options by funds: $11K | Put options by funds: $582K

Holders
206
Holders Change
+2
Holders Change %
+0.98%
% of All Funds
3.27%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
27
Increased
59
Reduced
84
Closed
24
Calls
$11K
Puts
$582K
Net Calls
-$571K
Net Calls Change
+$2.3M
Name Holding Trade Value Shares
Change
Change in
Stake
LSERS
101
Louisiana State Employees Retirement System
Louisiana
$318K -$9.55K -1,600 -3%
YIH
102
Y-Intercept (HK)
Hong Kong
$314K +$244K +40,835 +307%
YCM
103
Yousif Capital Management
Michigan
$310K -$22.8K -3,815 -7%
HS
104
Hazelview Securities
Ontario, Canada
$295K +$300K +50,300 New
Manulife (Manufacturers Life Insurance)
105
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$288K
Jane Street
106
Jane Street
New York
$287K +$14.3K +2,397 +5%
Janus Henderson Group
107
Janus Henderson Group
United Kingdom
$274K +$18 +3 +0%
Mariner
108
Mariner
Kansas
$273K -$90.9K -15,234 -24%
PNC Financial Services Group
109
PNC Financial Services Group
Pennsylvania
$264K +$1.93K +323 +0.7%
Mirae Asset Global Investments
110
Mirae Asset Global Investments
South Korea
$264K -$5.39K -903 -2%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$253K +$239 +40 +0.1%
AB
112
Amalgamated Bank
New York
$249K
Teacher Retirement System of Texas
113
Teacher Retirement System of Texas
Texas
$241K +$1.54K +258 +0.6%
EGM
114
Engineers Gate Manager
New York
$237K -$11.7K -1,955 -5%
MSRPS
115
Maryland State Retirement & Pension System
Maryland
$230K -$13.4K -2,246 -5%
CCIA
116
Cherry Creek Investment Advisors
Colorado
$229K -$358 -60 -0.2%
SAM
117
Shell Asset Management
Netherlands
$222K -$3.56K -596 -2%
Macquarie Group
118
Macquarie Group
Australia
$218K +$79.1K +13,259 +54%
NSEDCP
119
NJ State Employees Deferred Compensation Plan
New Jersey
$204K
KeyBank National Association
120
KeyBank National Association
Ohio
$201K -$41.7K -6,981 -17%
TRSOTSOK
121
Teachers Retirement System of the State of Kentucky
Kentucky
$201K
Daiwa Securities Group
122
Daiwa Securities Group
Japan
$196K
OPERF
123
Oregon Public Employees Retirement Fund
Oregon
$185K -$8.95K -1,500 -4%
New York State Common Retirement Fund
124
New York State Common Retirement Fund
New York
$185K +$251 +42 +0.1%
ECM
125
Elgethun Capital Management
South Dakota
$182K +$1.69K +283 +0.9%

INN Hedge Fund Activity: Q3 2023 in Review

206 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2023, worth a combined $572M — down 15% from $673M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new INN positions and 24 closed out — a net gain of 3 holders — while 59 added to existing stakes and 84 trimmed.

The largest buyer was H/2 Credit Manager, adding an estimated $10.6M. The largest seller was JP Morgan Chase, cutting an estimated $8.89M.

  • 206 institutional investors held Summit Hotel Properties (INN) as of Q3 2023, up from 204 in Q2 2023.
  • Funds reported $572M of Summit Hotel Properties stock for Q3 2023, down 15% quarter-over-quarter.
  • 27 funds opened new Summit Hotel Properties positions in Q3 2023 and 24 closed out, a net change of +3 holders.
  • The largest Summit Hotel Properties buyer in Q3 2023 was H/2 Credit Manager, an estimated $10.6M added.
  • The largest Summit Hotel Properties seller in Q3 2023 was JP Morgan Chase, an estimated $8.89M sold.

Based on aggregated 13F filings for Q3 2023.