Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
76 hedge funds and large institutions have $4.53B invested in Extended Stay America, Inc. Paired Share Unit in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 39 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less capital invested
Capital invested by funds: $5.24B → $4.53B (-$711M)
22% less funds holding
Funds holding: 98 → 76 (-22)
51% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$131M |
| 2 |
Millennium Management
New York
|
+$24.1M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$16.9M |
| 4 |
BAMCO Inc
New York
|
+$16.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$26.2M |
| 2 |
FAM
Fred Alger Management
New York
|
-$25.4M |
| 3 |
SPC
Standard Pacific Capital
San Francisco,
California
|
-$16.3M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$14.2M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$14.1M |
STAY Hedge Fund Activity: Q1 2014 in Review
76 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q1 2014, worth a combined $4.53B — down 14% from $5.24B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of STAY and 19 opened new positions — a net loss of 20 holders — while 20 trimmed existing stakes and 27 added.
The largest buyer was Fidelity Investments, adding an estimated $131M. The largest seller was BlackRock Advisors, exiting entirely with an estimated $26.2M sold.
- 76 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q1 2014, down from 98 in Q4 2013.
- Funds reported $4.53B of Extended Stay America, Inc. Paired Share Unit stock for Q1 2014, down 14% quarter-over-quarter.
- 19 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q1 2014 and 39 closed out, a net change of -20 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q1 2014 was Fidelity Investments, an estimated $131M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q1 2014 was BlackRock Advisors, an estimated $26.2M sold.
Based on aggregated 13F filings for Q1 2014.