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INN

Summit Hotel Properties
INN

222 hedge funds and large institutions have $1.44B invested in Summit Hotel Properties in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 86 increasing their positions, 76 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 76

5% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 20

0.55% more ownership

Funds ownership: 100.91% → 101.46% (+0.55%)

0% more funds holding

Funds holding: 222 → 222 (0)

4% less capital invested

Capital invested by funds: $1.49B → $1.44B (-$54.4M)

Holders
222
Holders Change
–
Holders Change %
0%
% of All Funds
5.08%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
21
Increased
86
Reduced
76
Closed
20
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
ClearBridge Investments
ClearBridge Investments
New York
+$21.5M
2
BlackRock
BlackRock
New York
+$16.9M
3
Millennium Management
Millennium Management
New York
+$5.77M
4
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
+$5.68M
5
Goldman Sachs
Goldman Sachs
New York
+$4.62M

Top Sellers

1
HRES
Heitman Real Estate Securities
Illinois
-$11.4M
2
JP Morgan Chase
JP Morgan Chase
New York
-$11.1M
3
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$9.6M
4
BA
Boston Advisors
Massachusetts
-$5.01M
5
SAM
Securian Asset Management
Minnesota
-$4.84M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$253M +$16.9M +1,229,262 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$187M +$1.07M +77,873 +0.6%
N
3
Nuveen
North Carolina
$103M +$2.35M +170,377 +2%
State Street
4
State Street
Massachusetts
$58.8M +$3.16M +229,749 +6%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$57.2M -$110K -7,960 -0.2%
Macquarie Group
6
Macquarie Group
Australia
$48.5M +$105K +7,595 +0.2%
LSV Asset Management
7
LSV Asset Management
Illinois
$42.1M -$741K -53,800 -2%
Northern Trust
8
Northern Trust
Illinois
$35.9M -$271K -19,647 -0.7%
Jennison Associates
9
Jennison Associates
New York
$35.5M -$351K -25,456 -1%
Victory Capital Management
10
Victory Capital Management
Texas
$32.7M +$1.92M +139,601 +6%
WHG
11
Westwood Holdings Group
Texas
$31.6M +$2.43M +176,458 +8%
DPIM
12
Duff & Phelps Investment Management
Illinois
$25.8M +$1.12M +81,000 +4%
GKIM
13
GW&K Investment Management
Massachusetts
$24.2M +$4.04M +293,092 +20%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$23.2M +$379K +27,543 +2%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$21.2M +$78.7K +5,719 +0.4%
ClearBridge Investments
16
ClearBridge Investments
New York
$21.2M +$21.5M +1,564,893 +1,036,353%
Charles Schwab
17
Charles Schwab
California
$20.8M +$1.61M +116,861 +8%
SFM
18
Systematic Financial Management
New Jersey
$20.1M +$157K +11,433 +0.8%
Norges Bank
19
Norges Bank
Norway
$20M – – –
Geode Capital Management
20
Geode Capital Management
Massachusetts
$17.9M +$1.73M +125,692 +10%
Invesco
21
Invesco
Georgia
$15.4M +$672K +48,773 +4%
Millennium Management
22
Millennium Management
New York
$13.8M +$5.77M +419,052 +70%
WA
23
Wasatch Advisors
Utah
$13.7M +$2.18M +158,131 +18%
Bank of America
24
Bank of America
North Carolina
$13.5M +$3.05M +221,826 +29%
Ameriprise
25
Ameriprise
Minnesota
$12.9M +$486K +35,270 +4%
1
2 3 4 5

INN Hedge Fund Activity: Q3 2018 in Review

222 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q3 2018, worth a combined $1.44B — down 3.6% from $1.49B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new INN positions and 20 closed out — a net gain of 1 holder — while 86 added to existing stakes and 76 trimmed.

The largest buyer was ClearBridge Investments, adding an estimated $21.5M. The largest seller was Heitman Real Estate Securities, cutting an estimated $11.4M.

  • 222 institutional investors held Summit Hotel Properties (INN) as of Q3 2018, unchanged from Q2 2018.
  • Funds reported $1.44B of Summit Hotel Properties stock for Q3 2018, down 3.6% quarter-over-quarter.
  • 21 funds opened new Summit Hotel Properties positions in Q3 2018 and 20 closed out, a net change of +1 holder.
  • The largest Summit Hotel Properties buyer in Q3 2018 was ClearBridge Investments, an estimated $21.5M added.
  • The largest Summit Hotel Properties seller in Q3 2018 was Heitman Real Estate Securities, an estimated $11.4M sold.

Based on aggregated 13F filings for Q3 2018.