Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
261 hedge funds and large institutions have $2.6B invested in Extended Stay America, Inc. Paired Share Unit in 2019 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 82 increasing their positions, 91 reducing their positions, and 34 closing their positions.
6,122% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $281K
71% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 34
6% more funds holding
Funds holding: 246 → 261 (+15)
0% less capital invested
Capital invested by funds: $2.61B → $2.6B (-$8.29M)
10% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 91
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$40M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$37.8M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$31.5M |
| 4 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$23.6M |
| 5 |
Millennium Management
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$75.8M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$49.1M |
| 3 |
Barclays
London,
United Kingdom
|
-$36.2M |
| 4 |
Cohen & Steers
New York
|
-$33.7M |
| 5 |
LPC
Long Pond Capital
New York
|
-$31.2M |
STAY Hedge Fund Activity: Q4 2019 in Review
261 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q4 2019, worth a combined $2.6B — down 0.32% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new STAY positions and 34 closed out — a net gain of 24 holders — while 82 added to existing stakes and 91 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $40M. The largest seller was Senator Investment Group, exiting entirely with an estimated $75.8M sold.
- 261 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q4 2019, up from 246 in Q3 2019.
- Funds reported $2.6B of Extended Stay America, Inc. Paired Share Unit stock for Q4 2019, down 0.32% quarter-over-quarter.
- 58 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q4 2019 and 34 closed out, a net change of +24 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q4 2019 was HG Vora Capital Management, an estimated $40M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q4 2019 was Senator Investment Group, an estimated $75.8M sold.
Based on aggregated 13F filings for Q4 2019.