Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
292 hedge funds and large institutions have $2.8B invested in Extended Stay America, Inc. Paired Share Unit in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 108 increasing their positions, 107 reducing their positions, and 44 closing their positions.
22% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $926K
7% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 44
1% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 107
1% less funds holding
Funds holding: 294 → 292 (-2)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
25% less capital invested
Capital invested by funds: $3.73B → $2.8B (-$932M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$39.4M |
| 2 |
BlackRock
New York
|
+$33.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$21.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$18.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$30.3M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$26.2M |
| 3 |
LCG
Luxor Capital Group
New York
|
-$23.7M |
| 4 |
SCP
Soroban Capital Partners
New York
|
-$21.2M |
| 5 |
BAMCO Inc
New York
|
-$14.7M |
STAY Hedge Fund Activity: Q4 2018 in Review
292 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q4 2018, worth a combined $2.8B — down 25% from $3.73B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new STAY positions and 44 closed out — a net gain of 3 holders — while 108 added to existing stakes and 107 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $39.4M. The largest seller was Onex Canada Asset Management, cutting an estimated $30.3M.
- 292 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q4 2018, down from 294 in Q3 2018.
- Funds reported $2.8B of Extended Stay America, Inc. Paired Share Unit stock for Q4 2018, down 25% quarter-over-quarter.
- 47 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q4 2018 and 44 closed out, a net change of +3 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q4 2018 was Cardinal Capital Management LLC (Connecticut), an estimated $39.4M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q4 2018 was Onex Canada Asset Management, an estimated $30.3M sold.
Based on aggregated 13F filings for Q4 2018.