Summit Hotel Properties
INN
186 hedge funds and large institutions have $931M invested in Summit Hotel Properties in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 73 increasing their positions, 65 reducing their positions, and 15 closing their positions.
1,614% more call options, than puts
Call options by funds: $240K | Put options by funds: $14K
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
12% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 65
1% more funds holding
Funds holding: 185 → 186 (+1)
0% less capital invested
Capital invested by funds: $933M → $931M (-$1.86M)
1.27% less ownership
Funds ownership: 92.35% → 91.07% (-1.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.2M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$5.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.01M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$3.49M |
| 5 |
Millennium Management
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$17.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.51M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.65M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
201
Rotella Capital Management
Bellevue,
Washington
| – | -$122K | -10,477 | Closed |
|
202
Walleye Trading
New York
| – | -$91.6K | -7,181 | Closed |
|
INN Hedge Fund Activity: Q4 2015 in Review
186 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q4 2015, worth a combined $931M — down 0.2% from $933M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new INN positions and 15 closed out — a net gain of 3 holders — while 73 added to existing stakes and 65 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $11.2M. The largest seller was Forward Management, cutting an estimated $17.7M.
- 186 institutional investors held Summit Hotel Properties (INN) as of Q4 2015, up from 185 in Q3 2015.
- Funds reported $931M of Summit Hotel Properties stock for Q4 2015, down 0.2% quarter-over-quarter.
- 18 funds opened new Summit Hotel Properties positions in Q4 2015 and 15 closed out, a net change of +3 holders.
- The largest Summit Hotel Properties buyer in Q4 2015 was Nuveen, an estimated $11.2M added.
- The largest Summit Hotel Properties seller in Q4 2015 was Forward Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q4 2015.