Sunstone Hotel Investors
231 hedge funds and large institutions have $1.97B invested in Sunstone Hotel Investors in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 84 increasing their positions, 90 reducing their positions, and 24 closing their positions.
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
2% more funds holding
Funds holding: 227 → 231 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 90
1.79% less ownership
Funds ownership: 103.55% → 101.76% (-1.8%)
9% less capital invested
Capital invested by funds: $2.17B → $1.97B (-$199M)
35% less call options, than puts
Call options by funds: $151K | Put options by funds: $234K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rush Island Management
New York
|
+$21M |
| 2 |
Goldman Sachs
New York
|
+$18.6M |
| 3 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$13.2M |
| 4 |
Morgan Stanley
New York
|
+$7.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$24M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$15.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$12.9M |
SHO Hedge Fund Activity: Q3 2023 in Review
231 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sunstone Hotel Investors (SHO) for Q3 2023, worth a combined $1.97B — down 9.2% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SHO positions and 24 closed out — a net gain of 6 holders — while 84 added to existing stakes and 90 trimmed.
The largest buyer was Rush Island Management, adding an estimated $21M. The largest seller was Fidelity Investments, cutting an estimated $34.6M.
- 231 institutional investors held Sunstone Hotel Investors (SHO) as of Q3 2023, up from 227 in Q2 2023.
- Funds reported $1.97B of Sunstone Hotel Investors stock for Q3 2023, down 9.2% quarter-over-quarter.
- 30 funds opened new Sunstone Hotel Investors positions in Q3 2023 and 24 closed out, a net change of +6 holders.
- The largest Sunstone Hotel Investors buyer in Q3 2023 was Rush Island Management, an estimated $21M added.
- The largest Sunstone Hotel Investors seller in Q3 2023 was Fidelity Investments, an estimated $34.6M sold.
Based on aggregated 13F filings for Q3 2023.