La Quinta Holdings Inc.
LQ
LQ was delisted on the 30th of May, 2018.
134 hedge funds and large institutions have $1.57B invested in La Quinta Holdings Inc. in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 53 reducing their positions, and 24 closing their positions.
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
5% less capital invested
Capital invested by funds: $1.65B → $1.57B (-$81M)
4% less funds holding
Funds holding: 139 → 134 (-5)
25% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 53
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$74M |
| 2 |
First Eagle Investment Management
New York
|
+$25.6M |
| 3 |
LPC
Long Pond Capital
New York
|
+$25.5M |
| 4 |
JP Morgan Chase
New York
|
+$20.8M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$27M |
| 2 |
Morgan Stanley
New York
|
-$25.7M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$22.9M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$13.2M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$12.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
151
CIM Investment Management
Pittsburgh,
Pennsylvania
| – | -$193K | -13,555 | Closed |
|
152
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$142K | -10,000 | Closed |
|
|
PHK
153
Point72 Hong Kong
Hong Kong
| – | -$81K | -5,717 | Closed |
|
|
TRCT
154
Tower Research Capital (TRC)
New York
| – | -$75K | -5,283 | Closed |
|
|
PCM
155
Prelude Capital Management
New York
| – | -$7K | -500 | Closed |
|
156
SEI Investments
Oaks,
Pennsylvania
| – | -$14 | -1 | -4% |
|
LQ Hedge Fund Activity: Q1 2017 in Review
134 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in La Quinta Holdings Inc. (LQ) for Q1 2017, worth a combined $1.57B — down 4.9% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new LQ positions and 24 closed out — a net gain of 1 holder — while 40 added to existing stakes and 53 trimmed.
The largest buyer was BlackRock, adding an estimated $74M. The largest seller was Melvin Capital Management, exiting entirely with an estimated $27M sold.
- 134 institutional investors held La Quinta Holdings Inc. (LQ) as of Q1 2017, down from 139 in Q4 2016.
- Funds reported $1.57B of La Quinta Holdings Inc. stock for Q1 2017, down 4.9% quarter-over-quarter.
- 25 funds opened new La Quinta Holdings Inc. positions in Q1 2017 and 24 closed out, a net change of +1 holder.
- The largest La Quinta Holdings Inc. buyer in Q1 2017 was BlackRock, an estimated $74M added.
- The largest La Quinta Holdings Inc. seller in Q1 2017 was Melvin Capital Management, an estimated $27M sold.
Based on aggregated 13F filings for Q1 2017.