Sunstone Hotel Investors
215 hedge funds and large institutions have $3.41B invested in Sunstone Hotel Investors in 2019 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 73 increasing their positions, 78 reducing their positions, and 30 closing their positions.
37% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 30
7% more capital invested
Capital invested by funds: $3.18B → $3.41B (+$227M)
5% more funds holding
Funds holding: 205 → 215 (+10)
6% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 78
3.38% less ownership
Funds ownership: 107.1% → 103.73% (-3.4%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$49.1M |
| 2 |
Renaissance Technologies
New York
|
+$34.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$32.4M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$25.9M |
| 5 |
State Street
Boston,
Massachusetts
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$109M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$81.9M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$43.7M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$37.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$37M |
SHO Hedge Fund Activity: Q1 2019 in Review
215 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Sunstone Hotel Investors (SHO) for Q1 2019, worth a combined $3.41B — up 7.1% from $3.18B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SHO positions and 30 closed out — a net gain of 11 holders — while 73 added to existing stakes and 78 trimmed.
The largest buyer was Lasalle Investment Management Securities, opening a new position worth an estimated $49.1M. The largest seller was Cohen & Steers, cutting an estimated $109M.
- 215 institutional investors held Sunstone Hotel Investors (SHO) as of Q1 2019, up from 205 in Q4 2018.
- Funds reported $3.41B of Sunstone Hotel Investors stock for Q1 2019, up 7.1% quarter-over-quarter.
- 41 funds opened new Sunstone Hotel Investors positions in Q1 2019 and 30 closed out, a net change of +11 holders.
- The largest Sunstone Hotel Investors buyer in Q1 2019 was Lasalle Investment Management Securities, an estimated $49.1M added.
- The largest Sunstone Hotel Investors seller in Q1 2019 was Cohen & Steers, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2019.