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INN

Summit Hotel Properties

213 hedge funds and large institutions have $734M invested in Summit Hotel Properties in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 84 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

116,000% more call options, than puts

Call options by funds: $1.16M | Put options by funds: $1K

8% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 24

0.51% more ownership

Funds ownership: 97.6%98.11% (+0.51%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% less funds holding

Funds holding: 214213 (-1)

1% less capital invested

Capital invested by funds: $742M → $734M (-$8.04M)

23% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 84

Holders
213
Holders Change
-1
Holders Change %
-0.47%
% of All Funds
3.39%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
26
Increased
65
Reduced
84
Closed
24
Calls
$1.16M
Puts
$1K
Net Calls
+$1.16M
Net Calls Change
+$38K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$136M -$4.68M -616,489 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$107M -$279K -36,744 -0.2%
State Street
3
State Street
Massachusetts
$49.3M -$279K -36,797 -0.5%
Jennison Associates
4
Jennison Associates
New York
$47.8M +$688K +90,752 +1%
Macquarie Group
5
Macquarie Group
Australia
$26.2M -$7.85M -1,035,372 -22%
GKIM
6
GW&K Investment Management
Massachusetts
$24.2M +$503K +66,281 +2%
American Century Companies
7
American Century Companies
Missouri
$22.5M -$2.1M -277,215 -8%
N
8
Nuveen
North Carolina
$20.1M +$1.4M +184,549 +7%
JP Morgan Chase
9
JP Morgan Chase
New York
$16.6M +$209K +27,550 +1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$16M +$677K +89,274 +4%
H2CM
11
H/2 Credit Manager
Connecticut
$15.7M +$12.3M +1,615,835 +257%
Victory Capital Management
12
Victory Capital Management
Texas
$15.7M +$1.15M +151,514 +7%
Charles Schwab
13
Charles Schwab
California
$13.9M +$405K +53,380 +3%
Millennium Management
14
Millennium Management
New York
$12.6M +$5.86M +772,280 +75%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$10.2M +$287K +37,892 +3%
Morgan Stanley
16
Morgan Stanley
New York
$9.53M -$1.42M -186,743 -12%
Northern Trust
17
Northern Trust
Illinois
$9.33M -$82K -10,804 -0.8%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$7.76M -$209K -27,612 -2%
Bank of America
19
Bank of America
North Carolina
$7.68M -$11.8K -1,553 -0.1%
Deutsche Bank
20
Deutsche Bank
Germany
$7.48M -$546K -71,966 -6%
GWI
21
Grace & White Inc
New York
$7.3M +$892K +117,651 +13%
Legal & General Group
22
Legal & General Group
United Kingdom
$6.65M +$467K +61,544 +7%
Barclays
23
Barclays
United Kingdom
$6.53M -$316K -41,683 -4%
SFM
24
Systematic Financial Management
New Jersey
$6.42M -$126K -16,624 -2%
Norges Bank
25
Norges Bank
Norway
$6.32M +$1.16M +152,700 +20%

INN Hedge Fund Activity: Q1 2023 in Review

213 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Summit Hotel Properties (INN) for Q1 2023, worth a combined $734M — down 1.1% from $742M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new INN positions and 24 closed out — a net gain of 2 holders — while 65 added to existing stakes and 84 trimmed.

The largest buyer was H/2 Credit Manager, adding an estimated $12.3M. The largest seller was Macquarie Group, cutting an estimated $7.85M.

  • 213 institutional investors held Summit Hotel Properties (INN) as of Q1 2023, down from 214 in Q4 2022.
  • Funds reported $734M of Summit Hotel Properties stock for Q1 2023, down 1.1% quarter-over-quarter.
  • 26 funds opened new Summit Hotel Properties positions in Q1 2023 and 24 closed out, a net change of +2 holders.
  • The largest Summit Hotel Properties buyer in Q1 2023 was H/2 Credit Manager, an estimated $12.3M added.
  • The largest Summit Hotel Properties seller in Q1 2023 was Macquarie Group, an estimated $7.85M sold.

Based on aggregated 13F filings for Q1 2023.