Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
246 hedge funds and large institutions have $2.61B invested in Extended Stay America, Inc. Paired Share Unit in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 102 reducing their positions, and 55 closing their positions.
2,196% more call options, than puts
Call options by funds: $14.1M | Put options by funds: $616K
9% less funds holding
Funds holding: 269 → 246 (-23)
15% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 102
17% less capital invested
Capital invested by funds: $3.15B → $2.61B (-$539M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
40% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$79M |
| 2 |
LPC
Long Pond Capital
New York
|
+$65.8M |
| 3 |
Barclays
London,
United Kingdom
|
+$36.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$22.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$69.7M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$69.5M |
| 3 |
HCM
Hamlin Capital Management
New York
|
-$50.3M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$49M |
| 5 |
BlackRock
New York
|
-$44.5M |
STAY Hedge Fund Activity: Q3 2019 in Review
246 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q3 2019, worth a combined $2.61B — down 17% from $3.15B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of STAY and 33 opened new positions — a net loss of 22 holders — while 102 trimmed existing stakes and 87 added.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $79M. The largest seller was Ninety One (UK), cutting an estimated $69.7M.
- 246 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q3 2019, down from 269 in Q2 2019.
- Funds reported $2.61B of Extended Stay America, Inc. Paired Share Unit stock for Q3 2019, down 17% quarter-over-quarter.
- 33 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q3 2019 and 55 closed out, a net change of -22 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q3 2019 was Senator Investment Group, an estimated $79M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q3 2019 was Ninety One (UK), an estimated $69.7M sold.
Based on aggregated 13F filings for Q3 2019.