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INN

Summit Hotel Properties
INN

192 hedge funds and large institutions have $682M invested in Summit Hotel Properties in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 70 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more call options, than puts

Call options by funds: $17K | Put options by funds: $3K

19% more capital invested

Capital invested by funds: $572M → $682M (+$110M)

2.67% more ownership

Funds ownership: 91.71% → 94.39% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

9% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 70

7% less funds holding

Funds holding: 206 → 192 (-14)

33% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 36

Holders
192
Holders Change
-14
Holders Change %
-6.8%
% of All Funds
2.8%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
24
Increased
64
Reduced
70
Closed
36
Calls
$17K
Puts
$3K
Net Calls
+$14K
Net Calls Change
+$585K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$24.5M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$11.1M
3
Deutsche Bank
Deutsche Bank
Germany
+$9.22M
4
BlackRock
BlackRock
New York
+$7.17M
5
Bank of America
Bank of America
North Carolina
+$6.92M

Top Sellers

Rank Fund Capital Flow
1
GKIM
GW&K Investment Management
Massachusetts
-$20.2M
2
American Century Companies
American Century Companies
Missouri
-$8.93M
3
Jennison Associates
Jennison Associates
New York
-$7.04M
4
JP Morgan Chase
JP Morgan Chase
New York
-$2.72M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.38M
Name Holding Trade Value Shares
Change 		Change in
Stake
GWSG
176
GPS Wealth Strategies Group
Colorado
$3.02K – – –
Fifth Third Bancorp
177
Fifth Third Bancorp
Ohio
$2.92K -$160 -26 -6%
GWS
178
Glassman Wealth Services
Virginia
$2.88K – – –
CMBA
179
C.M. Bidwell & Associates
Hawaii
$2.65K +$6 +1 +0.3%
GI
180
GAMMA Investing
California
$2.2K +$2.09K +339 New
EC
181
Elequin Capital
New York
$1.06K +$972 +158 New
AAP
182
Arax Advisory Partners
Colorado
$726 -$419 -68 -39%
PS
183
Principal Securities
Iowa
$638 +$585 +95 New
MPWT
184
MassMutual Private Wealth & Trust
Connecticut
$598 – – –
CPG
185
Cornerstone Planning Group
New Jersey
$564 – – –
PWA
186
Provenance Wealth Advisors
Florida
$517 +$6 +1 +1%
FMII
187
Farmers & Merchants Investments Inc
Nebraska
$477 – – –
AF
188
Allworth Financial
California
$471 +$431 +70 New
FFA
189
Farther Finance Advisors
California
$464 +$154 +25 +57%
PA
190
Pineridge Advisors
Missouri
$208 +$191 +31 New
American Century Companies
191
American Century Companies
Missouri
– -$8.93M -1,540,159 Closed
Envestnet Asset Management
192
Envestnet Asset Management
Illinois
– -$2.38M -410,537 Closed
FP
193
Foundry Partners
Minnesota
– -$2.37M -408,814 Closed
Truist Financial
194
Truist Financial
North Carolina
– -$1.23M -212,142 Closed
RJA
195
Raymond James & Associates
Florida
– -$1.1M -190,124 Closed
GCP
196
GSA Capital Partners
United Kingdom
– -$887K -152,920 Closed
APG Asset Management
197
APG Asset Management
Netherlands
– -$473K -81,500 Closed
HF
198
HRT Financial
New York
– -$405K -69,847 Closed
Natixis Advisors
199
Natixis Advisors
Massachusetts
– -$382K -65,784 Closed
CIC
200
Cornercap Investment Counsel
Georgia
– -$371K -64,050 Closed
6 7
8
9 10

INN Hedge Fund Activity: Q4 2023 in Review

192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2023, worth a combined $682M — up 19% from $572M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of INN and 24 opened new positions — a net loss of 12 holders — while 70 trimmed existing stakes and 64 added.

The largest buyer was Morgan Stanley, adding an estimated $24.5M. The largest seller was GW&K Investment Management, cutting an estimated $20.2M.

  • 192 institutional investors held Summit Hotel Properties (INN) as of Q4 2023, down from 206 in Q3 2023.
  • Funds reported $682M of Summit Hotel Properties stock for Q4 2023, up 19% quarter-over-quarter.
  • 24 funds opened new Summit Hotel Properties positions in Q4 2023 and 36 closed out, a net change of -12 holders.
  • The largest Summit Hotel Properties buyer in Q4 2023 was Morgan Stanley, an estimated $24.5M added.
  • The largest Summit Hotel Properties seller in Q4 2023 was GW&K Investment Management, an estimated $20.2M sold.

Based on aggregated 13F filings for Q4 2023.