Sunstone Hotel Investors
242 hedge funds and large institutions have $2.09B invested in Sunstone Hotel Investors in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 94 increasing their positions, 83 reducing their positions, and 31 closing their positions.
463% more call options, than puts
Call options by funds: $225K | Put options by funds: $40K
13% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 83
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
1.54% more ownership
Funds ownership: 96.93% → 98.47% (+1.5%)
1% more funds holding
Funds holding: 240 → 242 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $2.2B → $2.09B (-$108M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$20.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$18.6M |
| 3 |
Millennium Management
New York
|
+$14.4M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$10.8M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16.3M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$10.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.82M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$6.76M |
SHO Hedge Fund Activity: Q2 2024 in Review
242 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Sunstone Hotel Investors (SHO) for Q2 2024, worth a combined $2.09B — down 4.9% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SHO positions and 31 closed out — a net gain of 4 holders — while 94 added to existing stakes and 83 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $20.2M. The largest seller was Balyasny Asset Management, cutting an estimated $16.3M.
- 242 institutional investors held Sunstone Hotel Investors (SHO) as of Q2 2024, up from 240 in Q1 2024.
- Funds reported $2.09B of Sunstone Hotel Investors stock for Q2 2024, down 4.9% quarter-over-quarter.
- 35 funds opened new Sunstone Hotel Investors positions in Q2 2024 and 31 closed out, a net change of +4 holders.
- The largest Sunstone Hotel Investors buyer in Q2 2024 was Adage Capital Partners, an estimated $20.2M added.
- The largest Sunstone Hotel Investors seller in Q2 2024 was Balyasny Asset Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2024.