Summit Hotel Properties
INN
219 hedge funds and large institutions have $747M invested in Summit Hotel Properties in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 21 closing their positions.
10,343% more call options, than puts
Call options by funds: $731K | Put options by funds: $7K
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
1% more funds holding
Funds holding: 217 → 219 (+2)
2.11% less ownership
Funds ownership: 98.96% → 96.85% (-2.1%)
13% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 86
26% less capital invested
Capital invested by funds: $1B → $747M (-$256M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$8.87M |
| 2 |
Morgan Stanley
New York
|
+$7.86M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.36M |
| 4 |
Jennison Associates
New York
|
+$4.21M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.4M |
| 2 |
Millennium Management
New York
|
-$6.21M |
| 3 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
-$6.01M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$2.97M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$2.9M |
INN Hedge Fund Activity: Q2 2022 in Review
219 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q2 2022, worth a combined $747M — down 26% from $1B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new INN positions and 21 closed out — a net gain of 7 holders — while 75 added to existing stakes and 86 trimmed.
The largest buyer was American Century Companies, adding an estimated $8.87M. The largest seller was T. Rowe Price Associates, cutting an estimated $13.4M.
- 219 institutional investors held Summit Hotel Properties (INN) as of Q2 2022, up from 217 in Q1 2022.
- Funds reported $747M of Summit Hotel Properties stock for Q2 2022, down 26% quarter-over-quarter.
- 28 funds opened new Summit Hotel Properties positions in Q2 2022 and 21 closed out, a net change of +7 holders.
- The largest Summit Hotel Properties buyer in Q2 2022 was American Century Companies, an estimated $8.87M added.
- The largest Summit Hotel Properties seller in Q2 2022 was T. Rowe Price Associates, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2022.