Sunstone Hotel Investors
194 hedge funds and large institutions have $3.2B invested in Sunstone Hotel Investors in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 69 increasing their positions, 79 reducing their positions, and 28 closing their positions.
10% more capital invested
Capital invested by funds: $2.92B → $3.2B (+$286M)
4.08% more ownership
Funds ownership: 111.59% → 115.67% (+4.1%)
3% less funds holding
Funds holding: 199 → 194 (-5)
13% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 79
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
24% less call options, than puts
Call options by funds: $294K | Put options by funds: $389K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$153M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$136M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$25.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$106M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$36.4M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$34.9M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$21M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$16.9M |
SHO Hedge Fund Activity: Q3 2016 in Review
194 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sunstone Hotel Investors (SHO) for Q3 2016, worth a combined $3.2B — up 9.8% from $2.92B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SHO and 24 opened new positions — a net loss of 4 holders — while 79 trimmed existing stakes and 69 added.
The largest buyer was Cohen & Steers, adding an estimated $153M. The largest seller was Invesco, cutting an estimated $106M.
- 194 institutional investors held Sunstone Hotel Investors (SHO) as of Q3 2016, down from 199 in Q2 2016.
- Funds reported $3.2B of Sunstone Hotel Investors stock for Q3 2016, up 9.8% quarter-over-quarter.
- 24 funds opened new Sunstone Hotel Investors positions in Q3 2016 and 28 closed out, a net change of -4 holders.
- The largest Sunstone Hotel Investors buyer in Q3 2016 was Cohen & Steers, an estimated $153M added.
- The largest Sunstone Hotel Investors seller in Q3 2016 was Invesco, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2016.