Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
213 hedge funds and large institutions have $1.19B invested in Extended Stay America, Inc. Paired Share Unit in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 82 increasing their positions, 85 reducing their positions, and 77 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
4% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 85
18% less funds holding
Funds holding: 261 → 213 (-48)
50% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $2.57M
54% less capital invested
Capital invested by funds: $2.6B → $1.19B (-$1.41B)
60% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$99.3M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$83.3M |
| 3 |
LPC
Long Pond Capital
New York
|
+$64.3M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$28.9M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$51.3M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$49.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$42.8M |
| 4 |
BlackRock
New York
|
-$35.6M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$32.9M |
STAY Hedge Fund Activity: Q1 2020 in Review
213 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q1 2020, worth a combined $1.19B — down 54% from $2.6B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of STAY and 31 opened new positions — a net loss of 46 holders — while 85 trimmed existing stakes and 82 added.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $99.3M. The largest seller was Ninety One (UK), exiting entirely with an estimated $51.3M sold.
- 213 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q1 2020, down from 261 in Q4 2019.
- Funds reported $1.19B of Extended Stay America, Inc. Paired Share Unit stock for Q1 2020, down 54% quarter-over-quarter.
- 31 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q1 2020 and 77 closed out, a net change of -46 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q1 2020 was Blackstone Inc, an estimated $99.3M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q1 2020 was Ninety One (UK), an estimated $51.3M sold.
Based on aggregated 13F filings for Q1 2020.