Summit Hotel Properties
INN
226 hedge funds and large institutions have $1.57B invested in Summit Hotel Properties in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 97 increasing their positions, 78 reducing their positions, and 26 closing their positions.
20,900% more call options, than puts
Call options by funds: $210K | Put options by funds: $1K
24% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 78
2.04% more ownership
Funds ownership: 96.96% → 99% (+2%)
1% less funds holding
Funds holding: 228 → 226 (-2)
3% less capital invested
Capital invested by funds: $1.62B → $1.57B (-$44.7M)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$31M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$24.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$18.5M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$6.94M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$28.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.4M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$7.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.15M |
| 5 |
NAP
New Amsterdam Partners
New York
|
-$5.24M |
INN Hedge Fund Activity: Q4 2017 in Review
226 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2017, worth a combined $1.57B — down 2.8% from $1.62B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of INN and 24 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 97 added.
The largest buyer was Millennium Management, adding an estimated $31M. The largest seller was Principal Financial Group, cutting an estimated $28.8M.
- 226 institutional investors held Summit Hotel Properties (INN) as of Q4 2017, down from 228 in Q3 2017.
- Funds reported $1.57B of Summit Hotel Properties stock for Q4 2017, down 2.8% quarter-over-quarter.
- 24 funds opened new Summit Hotel Properties positions in Q4 2017 and 26 closed out, a net change of -2 holders.
- The largest Summit Hotel Properties buyer in Q4 2017 was Millennium Management, an estimated $31M added.
- The largest Summit Hotel Properties seller in Q4 2017 was Principal Financial Group, an estimated $28.8M sold.
Based on aggregated 13F filings for Q4 2017.