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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$29.1M |
| 2 |
Bank of New York Mellon
New York
|
+$12.1M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.88M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$9.51M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$8.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$36M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$21.4M |
| 3 |
Cohen & Steers
New York
|
-$11.9M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$10.7M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$8.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
176
Dynamic Technology Lab
Singapore
| – | -$187K | -17,320 | Closed |
|
|
AWA
177
Arete Wealth Advisors
Chicago,
Illinois
| – | -$119K | -11,049 | Closed |
|
|
TRCT
178
Tower Research Capital (TRC)
New York
| – | -$55.6K | -4,792 | Closed |
|
179
BNP Paribas Financial Markets
Paris,
France
| – | -$2.74K | -254 | Closed |
|
|
KT
180
Kanaly Trust
Houston,
Texas
| – | -$3K | -232 | Closed |
|
|
PTC
181
Private Trust Company
Cleveland,
Ohio
| – | -$2K | -163 | Closed |
|
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.