Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
269 hedge funds and large institutions have $3.15B invested in Extended Stay America, Inc. Paired Share Unit in 2019 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 105 reducing their positions, and 53 closing their positions.
570% more call options, than puts
Call options by funds: $58.5M | Put options by funds: $8.73M
5% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 105
6% less capital invested
Capital invested by funds: $3.35B → $3.15B (-$202M)
8% less funds holding
Funds holding: 291 → 269 (-22)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
36% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$70.5M |
| 2 |
LPC
Long Pond Capital
New York
|
+$52.8M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$41.6M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$35.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$73M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$38.7M |
| 3 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$34.2M |
| 4 |
GL
Governors Lane
New York
|
-$22.6M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$18.5M |
STAY Hedge Fund Activity: Q2 2019 in Review
269 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q2 2019, worth a combined $3.15B — down 6% from $3.35B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of STAY and 34 opened new positions — a net loss of 19 holders — while 105 trimmed existing stakes and 100 added.
The largest buyer was BlackRock, adding an estimated $70.5M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $73M sold.
- 269 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q2 2019, down from 291 in Q1 2019.
- Funds reported $3.15B of Extended Stay America, Inc. Paired Share Unit stock for Q2 2019, down 6% quarter-over-quarter.
- 34 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q2 2019 and 53 closed out, a net change of -19 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q2 2019 was BlackRock, an estimated $70.5M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q2 2019 was Luxor Capital Group, an estimated $73M sold.
Based on aggregated 13F filings for Q2 2019.