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INN

Summit Hotel Properties
INN

221 hedge funds and large institutions have $1.06B invested in Summit Hotel Properties in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 85 increasing their positions, 75 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

326% more call options, than puts

Call options by funds: $741K | Put options by funds: $174K

30% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 20

19% more capital invested

Capital invested by funds: $891M → $1.06B (+$168M)

13% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 75

5.5% more ownership

Funds ownership: 93.26% → 98.76% (+5.5%)

2% more funds holding

Funds holding: 217 → 221 (+4)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
221
Holders Change
+4
Holders Change %
+1.84%
% of All Funds
3.88%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
26
Increased
85
Reduced
75
Closed
20
Calls
$741K
Puts
$174K
Net Calls
+$567K
Net Calls Change
-$456K

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$11.4M
2
Jennison Associates
Jennison Associates
New York
+$11.2M
3
Russell Investments Group
Russell Investments Group
United Kingdom
+$7.73M
4
Deutsche Bank
Deutsche Bank
Germany
+$7.41M
5
N
Nuveen
North Carolina
+$6.82M

Top Sellers

1
LSV Asset Management
LSV Asset Management
Illinois
-$13.9M
2
Northern Trust
Northern Trust
Illinois
-$6.68M
3
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
-$4.47M
4
Prudential Financial
Prudential Financial
New Jersey
-$3.46M
5
AFG
Allegheny Financial Group
Pennsylvania
-$3.18M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$202M +$94.1K +9,733 +0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$149M +$3M +309,984 +2%
State Street
3
State Street
Massachusetts
$57M -$1.31M -135,174 -2%
Macquarie Group
4
Macquarie Group
Australia
$49M -$1.1M -113,763 -2%
GKIM
5
GW&K Investment Management
Massachusetts
$33.6M +$3.03M +313,574 +10%
N
6
Nuveen
North Carolina
$33.4M +$6.82M +705,607 +27%
WHG
7
Westwood Holdings Group
Texas
$27.2M +$2.44M +252,156 +10%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$21M +$1.51M +155,907 +8%
Jennison Associates
9
Jennison Associates
New York
$20.8M +$11.2M +1,157,678 +131%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$19.6M +$6.14M +635,431 +49%
Victory Capital Management
11
Victory Capital Management
Texas
$18.6M -$929K -96,142 -5%
Principal Financial Group
12
Principal Financial Group
Iowa
$17.5M +$90.6K +9,374 +0.5%
Charles Schwab
13
Charles Schwab
California
$17.1M +$545K +56,416 +3%
Northern Trust
14
Northern Trust
Illinois
$16.7M -$6.68M -691,051 -30%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$16.4M -$291K -30,102 -2%
Bank of America
16
Bank of America
North Carolina
$15.2M +$11.4M +1,179,468 +373%
PCM
17
Peregrine Capital Management
Minnesota
$14.2M -$484K -50,034 -3%
American Century Companies
18
American Century Companies
Missouri
$12.1M -$955K -98,811 -8%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$11.7M +$115K +11,867 +1%
Norges Bank
20
Norges Bank
Norway
$11.6M -$2.07M -214,188 -16%
LSV Asset Management
21
LSV Asset Management
Illinois
$11.2M -$13.9M -1,436,648 -57%
JP Morgan Chase
22
JP Morgan Chase
New York
$10.8M +$2.87M +296,614 +39%
PPA
23
Parametric Portfolio Associates
Washington
$10.7M -$416K -43,066 -4%
Millennium Management
24
Millennium Management
New York
$10.6M +$3.91M +404,995 +64%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$10.5M +$5.55M +574,733 +126%
1
2 3 4 5

INN Hedge Fund Activity: Q1 2021 in Review

221 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2021, worth a combined $1.06B — up 19% from $891M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new INN positions and 20 closed out — a net gain of 6 holders — while 85 added to existing stakes and 75 trimmed.

The largest buyer was Bank of America, adding an estimated $11.4M. The largest seller was LSV Asset Management, cutting an estimated $13.9M.

  • 221 institutional investors held Summit Hotel Properties (INN) as of Q1 2021, up from 217 in Q4 2020.
  • Funds reported $1.06B of Summit Hotel Properties stock for Q1 2021, up 19% quarter-over-quarter.
  • 26 funds opened new Summit Hotel Properties positions in Q1 2021 and 20 closed out, a net change of +6 holders.
  • The largest Summit Hotel Properties buyer in Q1 2021 was Bank of America, an estimated $11.4M added.
  • The largest Summit Hotel Properties seller in Q1 2021 was LSV Asset Management, an estimated $13.9M sold.

Based on aggregated 13F filings for Q1 2021.