Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
262 hedge funds and large institutions have $3.38B invested in Extended Stay America, Inc. Paired Share Unit in 2021 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 56 increasing their positions, 93 reducing their positions, and 42 closing their positions.
102% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 42
102% more call options, than puts
Call options by funds: $99.2M | Put options by funds: $49.2M
41% more capital invested
Capital invested by funds: $2.4B → $3.38B (+$979M)
19% more funds holding
Funds holding: 221 → 262 (+41)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
40% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$126M |
| 2 |
TC
Tarsadia Capital
New York
|
+$50.2M |
| 3 |
WIC
Water Island Capital
New York
|
+$46.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$40.3M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$174M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$40.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$34.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$26.7M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$24.9M |
STAY Hedge Fund Activity: Q1 2021 in Review
262 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q1 2021, worth a combined $3.38B — up 41% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new STAY positions and 42 closed out — a net gain of 43 holders — while 56 added to existing stakes and 93 trimmed.
The largest buyer was Millennium Management, adding an estimated $126M. The largest seller was Fidelity Investments, cutting an estimated $174M.
- 262 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q1 2021, up from 221 in Q4 2020.
- Funds reported $3.38B of Extended Stay America, Inc. Paired Share Unit stock for Q1 2021, up 41% quarter-over-quarter.
- 85 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q1 2021 and 42 closed out, a net change of +43 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q1 2021 was Millennium Management, an estimated $126M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q1 2021 was Fidelity Investments, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2021.