Summit Hotel Properties
INN
221 hedge funds and large institutions have $1.51B invested in Summit Hotel Properties in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 87 increasing their positions, 79 reducing their positions, and 23 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 79
6% more capital invested
Capital invested by funds: $1.43B → $1.51B (+$83.1M)
0.37% more ownership
Funds ownership: 100.54% → 100.91% (+0.37%)
3% less funds holding
Funds holding: 229 → 221 (-8)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.9M |
| 2 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$17.8M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$11M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$10.9M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$15.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15M |
| 3 |
Millennium Management
New York
|
-$12.8M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$8.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.25M |
INN Hedge Fund Activity: Q2 2018 in Review
221 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2018, worth a combined $1.51B — up 5.8% from $1.43B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of INN and 17 opened new positions — a net loss of 6 holders — while 79 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $19.9M. The largest seller was Heitman Real Estate Securities, cutting an estimated $15.6M.
- 221 institutional investors held Summit Hotel Properties (INN) as of Q2 2018, down from 229 in Q1 2018.
- Funds reported $1.51B of Summit Hotel Properties stock for Q2 2018, up 5.8% quarter-over-quarter.
- 17 funds opened new Summit Hotel Properties positions in Q2 2018 and 23 closed out, a net change of -6 holders.
- The largest Summit Hotel Properties buyer in Q2 2018 was BlackRock, an estimated $19.9M added.
- The largest Summit Hotel Properties seller in Q2 2018 was Heitman Real Estate Securities, an estimated $15.6M sold.
Based on aggregated 13F filings for Q2 2018.