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INN

Summit Hotel Properties

229 hedge funds and large institutions have $1.45B invested in Summit Hotel Properties in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 110 increasing their positions, 61 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 61

4% more capital invested

Capital invested by funds: $1.4B → $1.45B (+$54.4M)

3% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 29

3% less funds holding

Funds holding: 235229 (-6)

3.22% less ownership

Funds ownership: 100.03%96.81% (-3.2%)

36% less call options, than puts

Call options by funds: $81K | Put options by funds: $126K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
229
Holders Change
-6
Holders Change %
-2.55%
% of All Funds
5.7%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
110
Reduced
61
Closed
29
Calls
$81K
Puts
$126K
Net Calls
-$45K
Net Calls Change
-$266K
Name Holding Trade Value Shares
Change
Change in
Stake
ED
126
Exane Derivatives
France
$736K +$726K +46,081 New
UBS Group
127
UBS Group
Switzerland
$725K -$249K -15,807 -26%
ECM
128
Elgethun Capital Management
South Dakota
$667K -$153K -9,731 -19%
GT
129
Glenmede Trust
Pennsylvania
$646K +$5.75K +365 +0.9%
Fifth Third Bancorp
130
Fifth Third Bancorp
Ohio
$615K -$71.6K -4,543 -11%
LSERS
131
Louisiana State Employees Retirement System
Louisiana
$609K +$47.3K +3,000 +9%
P
132
Pitcairn
Pennsylvania
$606K -$38.8K -2,465 -6%
CSS
133
Cubist Systematic Strategies
Connecticut
$597K +$589K +37,375 New
BC
134
Banced Corp
Illinois
$590K -$7.4K -470 -1%
TRSOTSOK
135
Teachers Retirement System of the State of Kentucky
Kentucky
$585K
LPL Financial
136
LPL Financial
California
$568K +$49K +3,110 +9%
Nisa Investment Advisors
137
Nisa Investment Advisors
Missouri
$564K -$86.2K -5,470 -13%
LPC
138
Loeb Partners Corp
New York
$559K -$107K -6,800 -16%
SEI Investments
139
SEI Investments
Pennsylvania
$558K +$3.65K +232 +0.7%
HighTower Advisors
140
HighTower Advisors
Illinois
$553K +$192K +12,167 +54%
AW
141
Alpha Windward
Massachusetts
$479K +$473K +30,000 New
AG
142
Aperio Group
California
$472K +$26.7K +1,696 +6%
FMT
143
First Mercantile Trust
Tennessee
$442K -$6.46K -410 -1%
CAM
144
Capstone Asset Management
Texas
$427K -$36.9K -2,340 -8%
D.E. Shaw & Co
145
D.E. Shaw & Co
New York
$418K -$2.04M -129,768 -83%
CG
146
Clinton Group
New York
$417K -$445K -28,269 -52%
MERSOM
147
Municipal Employees' Retirement System of Michigan
Michigan
$403K
SI
148
SII Investments
Wisconsin
$399K +$33.5K +2,125 +9%
O
149
OppenheimerFunds
New York
$385K +$62.1K +3,942 +20%
1GA
150
1st Global Advisors
Texas
$366K +$361K +22,884 New

INN Hedge Fund Activity: Q1 2017 in Review

229 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2017, worth a combined $1.45B — up 3.9% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new INN positions and 29 closed out — a net gain of 1 holder — while 110 added to existing stakes and 61 trimmed.

The largest buyer was BlackRock, adding an estimated $211M. The largest seller was Millennium Management, exiting entirely with an estimated $11.2M sold.

  • 229 institutional investors held Summit Hotel Properties (INN) as of Q1 2017, down from 235 in Q4 2016.
  • Funds reported $1.45B of Summit Hotel Properties stock for Q1 2017, up 3.9% quarter-over-quarter.
  • 30 funds opened new Summit Hotel Properties positions in Q1 2017 and 29 closed out, a net change of +1 holder.
  • The largest Summit Hotel Properties buyer in Q1 2017 was BlackRock, an estimated $211M added.
  • The largest Summit Hotel Properties seller in Q1 2017 was Millennium Management, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2017.