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Sunstone Hotel Investors

202 hedge funds and large institutions have $2.07B invested in Sunstone Hotel Investors in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 75 increasing their positions, 70 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.23% more ownership

Funds ownership: 101.23%106.46% (+5.2%)

7% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 70

9% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 44

3% less funds holding

Funds holding: 208202 (-6)

32% less call options, than puts

Call options by funds: $678K | Put options by funds: $1M

35% less capital invested

Capital invested by funds: $3.17B → $2.07B (-$1.11B)

Holders
202
Holders Change
-6
Holders Change %
-2.88%
% of All Funds
4.45%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
40
Increased
75
Reduced
70
Closed
44
Calls
$678K
Puts
$1M
Net Calls
-$322K
Net Calls Change
-$322K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$289M +$546K +46,964 +0.1%
BlackRock
2
BlackRock
New York
$194M -$1.92M -164,636 -0.7%
Victory Capital Management
3
Victory Capital Management
Texas
$125M +$107M +9,172,961 +176%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$121M +$29.4M +2,524,227 +22%
PI
5
PGGM Investments
Netherlands
$114M
Invesco
6
Invesco
Georgia
$90.8M +$46M +3,953,137 +61%
State Street
7
State Street
Massachusetts
$82.5M +$803K +69,069 +0.7%
Northern Trust
8
Northern Trust
Illinois
$60.3M +$1.95M +167,501 +2%
Principal Financial Group
9
Principal Financial Group
Iowa
$54.5M -$35.1M -3,018,994 -33%
Morgan Stanley
10
Morgan Stanley
New York
$52.9M +$12.9M +1,110,960 +22%
Renaissance Technologies
11
Renaissance Technologies
New York
$52.3M +$1.45M +124,810 +2%
JP Morgan Chase
12
JP Morgan Chase
New York
$44.6M +$15.9M +1,365,854 +36%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$41.3M +$932K +80,124 +2%
Charles Schwab
14
Charles Schwab
California
$40.2M +$3.63M +311,969 +7%
CIM
15
Centersquare Investment Management
Pennsylvania
$34.6M +$46.2M +3,973,068 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$34.2M +$4.53M +389,170 +11%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$34.1M +$41M +3,522,340 +889%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$31M -$402K -34,555 -1%
LIMS
19
Lasalle Investment Management Securities
Maryland
$30.8M -$4.82M -413,927 -10%
AAMU
20
APG Asset Management US
New York
$30.1M +$40.1M +3,450,000 New
N
21
Nuveen
North Carolina
$29.7M -$30.2M -2,595,977 -43%
Norges Bank
22
Norges Bank
Norway
$27M
FCM
23
Frontier Capital Management
Massachusetts
$23M -$9.76M -838,668 -24%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$22.5M +$10.9M +934,246 +57%
Fuller & Thaler Asset Management
25
Fuller & Thaler Asset Management
California
$22.2M +$29.7M +2,549,028 New

SHO Hedge Fund Activity: Q1 2020 in Review

202 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Sunstone Hotel Investors (SHO) for Q1 2020, worth a combined $2.07B — down 35% from $3.17B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of SHO and 40 opened new positions — a net loss of 4 holders — while 70 trimmed existing stakes and 75 added.

The largest buyer was Victory Capital Management, adding an estimated $107M. The largest seller was Millennium Management, cutting an estimated $37.8M.

  • 202 institutional investors held Sunstone Hotel Investors (SHO) as of Q1 2020, down from 208 in Q4 2019.
  • Funds reported $2.07B of Sunstone Hotel Investors stock for Q1 2020, down 35% quarter-over-quarter.
  • 40 funds opened new Sunstone Hotel Investors positions in Q1 2020 and 44 closed out, a net change of -4 holders.
  • The largest Sunstone Hotel Investors buyer in Q1 2020 was Victory Capital Management, an estimated $107M added.
  • The largest Sunstone Hotel Investors seller in Q1 2020 was Millennium Management, an estimated $37.8M sold.

Based on aggregated 13F filings for Q1 2020.