We are live on ! Find out more
INN

Summit Hotel Properties
INN

171 hedge funds and large institutions have $1.01B invested in Summit Hotel Properties in 2014 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 54 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 10

28% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 54

18% more capital invested

Capital invested by funds: $853M → $1.01B (+$157M)

9% more funds holding

Funds holding: 157 → 171 (+14)

2% more ownership

Funds ownership: 91.06% → 93.06% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
171
Holders Change
+14
Holders Change %
+8.92%
% of All Funds
4.56%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
31
Increased
69
Reduced
54
Closed
10
Calls
$25K
Puts
–
Net Calls
+$25K
Net Calls Change
+$25K

Top Buyers

Rank Fund Capital Flow
1
Comerica Bank
Comerica Bank
Texas
+$29.1M
2
Bank of New York Mellon
Bank of New York Mellon
New York
+$12.1M
3
AL
AJO LP
Pennsylvania
+$9.88M
4
LSV Asset Management
LSV Asset Management
Illinois
+$9.51M
5
Charles Schwab
Charles Schwab
California
+$8.91M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$36M
2
N
Nuveen
North Carolina
-$21.4M
3
Cohen & Steers
Cohen & Steers
New York
-$11.9M
4
CGM
Capital Growth Management
Massachusetts
-$10.7M
5
WHG
Westwood Holdings Group
Texas
-$8.67M
Name Holding Trade Value Shares
Change 		Change in
Stake
Canada Life
151
Canada Life
Manitoba, Canada
$114K – – –
Mitsubishi UFJ Asset Management
152
Mitsubishi UFJ Asset Management
Japan
$105K – – –
SIG
153
Stanford Investment Group
California
$87K +$81.2K +7,000 New
Envestnet Asset Management
154
Envestnet Asset Management
Illinois
$72K +$13.9K +1,196 +26%
WEC
155
Winslow Evans & Crocker
Massachusetts
$69.7K +$65K +5,600 New
BJ
156
BlackRock Japan
Japan
$62K -$4.73K -408 -8%
WA
157
WFG Advisors
Texas
$52K – – –
NFG
158
Next Financial Group
Texas
$49K +$13.9K +1,200 +43%
SAMC
159
Shinko Asset Management Company
Japan
$32K -$6.96K -600 -19%
Teacher Retirement System of Texas
160
Teacher Retirement System of Texas
Texas
$32K -$5.62K -484 -16%
LTFS
161
Ladenburg Thalmann Financial Services
Florida
$30K -$4.72K -407 -14%
HMS
162
Hanseatic Management Services
New Mexico
$16K -$174 -15 -1%
SFU
163
Stonehage Fleming (UK)
United Kingdom
$16K +$14.6K +1,257 New
PMFA
164
Plante Moran Financial Advisors
Michigan
$15K – – –
Northwestern Mutual Wealth Management
165
Northwestern Mutual Wealth Management
Wisconsin
$15K +$13.4K +1,155 New
Zurich Cantonal Bank
166
Zurich Cantonal Bank
Switzerland
$14K +$12.9K +1,114 New
OSAM
167
O'Shaughnessy Asset Management
Connecticut
$12K +$11K +950 New
AIM
168
Advantage Investment Management
Iowa
$9K +$8.75K +754 New
FNBSF
169
First National Bank Sioux Falls
South Dakota
$7K – – –
PIA
170
Piedmont Investment Advisors
North Carolina
$1.7K +$1.59K +137 New
Manulife (Manufacturers Life Insurance)
171
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$681 -$16.8K -1,444 -3%
NC
172
Nicholas Company
Wisconsin
– -$2.73M -252,815 Closed
PCMI
173
Paradigm Capital Management Inc
New York
– -$1.12M -104,100 Closed
AAM
174
Aberdeen Asset Management
United Kingdom
– -$497K -46,100 Closed
GCP
175
GSA Capital Partners
United Kingdom
– -$376K -34,885 Closed
4 5 6
7
8

INN Hedge Fund Activity: Q4 2014 in Review

171 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2014, worth a combined $1.01B — up 18% from $853M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new INN positions and 10 closed out — a net gain of 21 holders — while 69 added to existing stakes and 54 trimmed.

The largest buyer was Comerica Bank, adding an estimated $29.1M. The largest seller was Morgan Stanley, cutting an estimated $36M.

  • 171 institutional investors held Summit Hotel Properties (INN) as of Q4 2014, up from 157 in Q3 2014.
  • Funds reported $1.01B of Summit Hotel Properties stock for Q4 2014, up 18% quarter-over-quarter.
  • 31 funds opened new Summit Hotel Properties positions in Q4 2014 and 10 closed out, a net change of +21 holders.
  • The largest Summit Hotel Properties buyer in Q4 2014 was Comerica Bank, an estimated $29.1M added.
  • The largest Summit Hotel Properties seller in Q4 2014 was Morgan Stanley, an estimated $36M sold.

Based on aggregated 13F filings for Q4 2014.