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SHO.PRD

SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD

Delisted

SHO.PRD was delisted on the 3rd of March, 2016.

24 hedge funds and large institutions have $103M invested in SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

20% more funds holding

Funds holding: 2024 (+4)

5% more capital invested

Capital invested by funds: $97.7M → $103M (+$5.27M)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

Holders
24
Holders Change
+4
Holders Change %
+20%
% of All Funds
0.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
4
Reduced
6
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FM
1
Forward Management
California
$19.7M
Cohen & Steers
2
Cohen & Steers
New York
$19.5M +$1.08M +40,425 +6%
SCRM
3
Security Capital Research & Management
Illinois
$13.4M +$83.8K +3,149 +0.6%
HRES
4
Heitman Real Estate Securities
Illinois
$10.5M -$1.09M -41,000 -9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$10.4M
Neuberger Berman Group
6
Neuberger Berman Group
New York
$5.34M
EVM
7
Eaton Vance Management
Massachusetts
$4.99M -$1.38M -51,832 -22%
AllianceBernstein
8
AllianceBernstein
Tennessee
$4.42M
RA
9
RMR Advisors
Massachusetts
$2.94M
Deutsche Bank
10
Deutsche Bank
Germany
$1.99M +$978K +36,740 +97%
Invesco
11
Invesco
Georgia
$1.98M +$1.97M +74,100 New
SAMC
12
Shinko Asset Management Company
Japan
$1.98M +$1.97M +74,100 New
JP Morgan Chase
13
JP Morgan Chase
New York
$1.56M -$19.4K -728 -1%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$1.4M +$1.39M +52,300 New
Daiwa Securities Group
15
Daiwa Securities Group
Japan
$799K +$797K +29,925 New
CIMLRA
16
CBRE Investment Management Listed Real Assets
Pennsylvania
$743K -$1.39M -52,300 -65%
SOAMC
17
Spirit of America Management Corp
New York
$547K
NIMC
18
NWQ Investment Management Company
California
$540K -$316K -11,875 -37%
WRM
19
Westport Resources Management
Connecticut
$81K
ECM
20
EII Capital Management
New York
$64K
Wells Fargo
21
Wells Fargo
California
$53K -$57.2K -2,149 -52%
GSC
22
Ground Swell Capital
South Carolina
$14K +$10.7K +400 +400%
Citigroup
23
Citigroup
New York
$7K +$7.43K +279 New
Creative Planning
24
Creative Planning
Kansas
$5K
DLG
25
Daniel L. Goodwin
-$604K -23,000 Closed

SHO.PRD Hedge Fund Activity: Q3 2014 in Review

24 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD (SHO.PRD) for Q3 2014, worth a combined $103M — up 5.4% from $97.7M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new SHO.PRD positions and 1 closed out — a net gain of 4 holders — while 4 added to existing stakes and 6 trimmed.

The largest buyer was Invesco, opening a new position worth an estimated $1.97M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $1.39M.

  • 24 institutional investors held SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD (SHO.PRD) as of Q3 2014, up from 20 in Q2 2014.
  • Funds reported $103M of SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD stock for Q3 2014, up 5.4% quarter-over-quarter.
  • 5 funds opened new SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD positions in Q3 2014 and 1 closed out, a net change of +4 holders.
  • The largest SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD buyer in Q3 2014 was Invesco, an estimated $1.97M added.
  • The largest SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD seller in Q3 2014 was CBRE Investment Management Listed Real Assets, an estimated $1.39M sold.

Based on aggregated 13F filings for Q3 2014.