Summit Hotel Properties
INN
197 hedge funds and large institutions have $1.05B invested in Summit Hotel Properties in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 90 increasing their positions, 57 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
58% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 57
5% more funds holding
Funds holding: 187 → 197 (+10)
2.67% more ownership
Funds ownership: 91.47% → 94.13% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $1.12B → $1.05B (-$68.9M)
Top Buyers
| 1 |
Comerica Bank
Dallas,
Texas
|
+$25.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$8.01M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.06M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$5.84M |
| 5 |
Jennison Associates
New York
|
+$5.21M |
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$19.2M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.38M |
| 4 |
Citigroup
New York
|
-$5.56M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$4.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Capital Fund Management (CFM)
Paris,
France
| – | -$376K | -26,700 | Closed |
|
202
Acadian Asset Management
Boston,
Massachusetts
| – | -$357K | -25,382 | Closed |
|
|
GMIM
203
General Motors Investment Management
New York
| – | -$308K | -21,877 | Closed |
|
|
EC
204
EJF Capital
Arlington,
Virginia
| – | -$281K | -20,000 | Closed |
|
|
NV
205
Nair Vinay
| – | -$262K | -18,611 | Closed |
|
|
WEC
206
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$190K | -13,500 | Closed |
|
|
ONB
207
Old National Bancorp
Evansville,
Indiana
| – | -$5K | -377 | Closed |
|
|
PIA
208
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1.93K | -137 | Closed |
|
INN Hedge Fund Activity: Q2 2015 in Review
197 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2015, worth a combined $1.05B — down 6.1% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new INN positions and 11 closed out — a net gain of 10 holders — while 90 added to existing stakes and 57 trimmed.
The largest buyer was Comerica Bank, adding an estimated $25.9M. The largest seller was Bank of New York Mellon, cutting an estimated $19.2M.
- 197 institutional investors held Summit Hotel Properties (INN) as of Q2 2015, up from 187 in Q1 2015.
- Funds reported $1.05B of Summit Hotel Properties stock for Q2 2015, down 6.1% quarter-over-quarter.
- 21 funds opened new Summit Hotel Properties positions in Q2 2015 and 11 closed out, a net change of +10 holders.
- The largest Summit Hotel Properties buyer in Q2 2015 was Comerica Bank, an estimated $25.9M added.
- The largest Summit Hotel Properties seller in Q2 2015 was Bank of New York Mellon, an estimated $19.2M sold.
Based on aggregated 13F filings for Q2 2015.