Summit Hotel Properties
INN
222 hedge funds and large institutions have $1.44B invested in Summit Hotel Properties in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 86 increasing their positions, 76 reducing their positions, and 20 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 76
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
0.55% more ownership
Funds ownership: 100.91% → 101.46% (+0.55%)
0% more funds holding
Funds holding: 222 → 222 (0)
4% less capital invested
Capital invested by funds: $1.49B → $1.44B (-$54.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$21.5M |
| 2 |
BlackRock
New York
|
+$16.9M |
| 3 |
Millennium Management
New York
|
+$5.77M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$5.68M |
| 5 |
Goldman Sachs
New York
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$11.4M |
| 2 |
JP Morgan Chase
New York
|
-$11.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.6M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$5.01M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$4.84M |
INN Hedge Fund Activity: Q3 2018 in Review
222 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2018, worth a combined $1.44B — down 3.6% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new INN positions and 20 closed out — a net gain of 1 holder — while 86 added to existing stakes and 76 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $21.5M. The largest seller was Heitman Real Estate Securities, cutting an estimated $11.4M.
- 222 institutional investors held Summit Hotel Properties (INN) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $1.44B of Summit Hotel Properties stock for Q3 2018, down 3.6% quarter-over-quarter.
- 21 funds opened new Summit Hotel Properties positions in Q3 2018 and 20 closed out, a net change of +1 holder.
- The largest Summit Hotel Properties buyer in Q3 2018 was ClearBridge Investments, an estimated $21.5M added.
- The largest Summit Hotel Properties seller in Q3 2018 was Heitman Real Estate Securities, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2018.