Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
257 hedge funds and large institutions have $3.6B invested in Extended Stay America, Inc. Paired Share Unit in 2017 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 108 increasing their positions, 77 reducing their positions, and 33 closing their positions.
286% more call options, than puts
Call options by funds: $5.41M | Put options by funds: $1.4M
55% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 33
40% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 77
8% more funds holding
Funds holding: 239 → 257 (+18)
7% less capital invested
Capital invested by funds: $3.86B → $3.6B (-$267M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$88.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$65M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$42M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$18.2M |
| 5 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$91.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.2M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$47.7M |
| 4 |
CGI
CI Global Investments
Oakland,
California
|
-$40.1M |
| 5 |
AC
Ascend Capital
Orinda,
California
|
-$37.6M |
STAY Hedge Fund Activity: Q4 2017 in Review
257 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q4 2017, worth a combined $3.6B — down 6.9% from $3.86B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new STAY positions and 33 closed out — a net gain of 18 holders — while 108 added to existing stakes and 77 trimmed.
The largest buyer was Southernsun Asset Management, adding an estimated $88.6M. The largest seller was Zimmer Partners, exiting entirely with an estimated $91.3M sold.
- 257 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q4 2017, up from 239 in Q3 2017.
- Funds reported $3.6B of Extended Stay America, Inc. Paired Share Unit stock for Q4 2017, down 6.9% quarter-over-quarter.
- 51 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q4 2017 and 33 closed out, a net change of +18 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q4 2017 was Southernsun Asset Management, an estimated $88.6M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q4 2017 was Zimmer Partners, an estimated $91.3M sold.
Based on aggregated 13F filings for Q4 2017.