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Sunstone Hotel Investors

188 hedge funds and large institutions have $3.04B invested in Sunstone Hotel Investors in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 102 increasing their positions, 48 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 48

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

2.58% more ownership

Funds ownership: 104.58%107.16% (+2.6%)

3% less capital invested

Capital invested by funds: $3.14B → $3.04B (-$102M)

5% less funds holding

Funds holding: 198188 (-10)

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

Holders
188
Holders Change
-10
Holders Change %
-5.05%
% of All Funds
5.46%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
19
Increased
102
Reduced
48
Closed
27
Calls
$795K
Puts
Net Calls
+$795K
Net Calls Change
+$787K
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
1
Cohen & Steers
New York
$478M +$51.1M +3,522,897 +11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$384M +$6.22M +428,389 +2%
Daiwa Securities Group
3
Daiwa Securities Group
Japan
$140M +$40.8M +2,812,042 +38%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$135M +$4.76M +328,049 +3%
CIMLRA
5
CBRE Investment Management Listed Real Assets
Pennsylvania
$133M +$1.61M +111,200 +1%
SFM
6
Systematic Financial Management
New Jersey
$118M +$45.6M +3,143,548 +58%
Principal Financial Group
7
Principal Financial Group
Iowa
$110M +$9.01M +621,134 +8%
BIT
8
BlackRock Institutional Trust
California
$108M +$6.43M +443,349 +6%
PI
9
PGGM Investments
Netherlands
$91.6M
N
10
Nuveen
North Carolina
$86.8M +$5.83M +401,706 +7%
BFA
11
BlackRock Fund Advisors
California
$80.7M +$4.28M +294,991 +5%
JP Morgan Chase
12
JP Morgan Chase
New York
$78.9M +$19.8M +1,364,650 +31%
Northern Trust
13
Northern Trust
Illinois
$67.6M +$18.4M +1,265,177 +35%
State Street
14
State Street
Massachusetts
$65.9M +$3.83M +263,964 +6%
Blackstone Inc
15
Blackstone Inc
New York
$55.8M +$58.5M +4,034,970 New
MCM
16
Munder Capital Management
Michigan
$49.4M +$827K +56,979 +2%
HRES
17
Heitman Real Estate Securities
Illinois
$46.5M -$1.66M -114,710 -3%
TA
18
Teachers Advisors
New York
$42.5M +$1.03M +71,020 +2%
Morgan Stanley
19
Morgan Stanley
New York
$37.7M +$4.74M +326,649 +14%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$35.1M +$3.03M +208,805 +9%
BAMCO Inc
21
BAMCO Inc
New York
$25.9M +$798K +55,000 +3%
Citadel Advisors
22
Citadel Advisors
Florida
$24.6M +$10.3M +708,856 +66%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$23.2M -$332K -22,862 -1%
LSV Asset Management
24
LSV Asset Management
Illinois
$21.8M -$2.14M -147,300 -9%
Norges Bank
25
Norges Bank
Norway
$21.1M -$19.8M -1,364,140 -47%

SHO Hedge Fund Activity: Q3 2014 in Review

188 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Sunstone Hotel Investors (SHO) for Q3 2014, worth a combined $3.04B — down 3.2% from $3.14B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of SHO and 19 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 102 added.

The largest buyer was Blackstone Inc, opening a new position worth an estimated $58.5M. The largest seller was Deutsche Bank, cutting an estimated $60.4M.

  • 188 institutional investors held Sunstone Hotel Investors (SHO) as of Q3 2014, down from 198 in Q2 2014.
  • Funds reported $3.04B of Sunstone Hotel Investors stock for Q3 2014, down 3.2% quarter-over-quarter.
  • 19 funds opened new Sunstone Hotel Investors positions in Q3 2014 and 27 closed out, a net change of -8 holders.
  • The largest Sunstone Hotel Investors buyer in Q3 2014 was Blackstone Inc, an estimated $58.5M added.
  • The largest Sunstone Hotel Investors seller in Q3 2014 was Deutsche Bank, an estimated $60.4M sold.

Based on aggregated 13F filings for Q3 2014.