Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
129 hedge funds and large institutions have $3.26B invested in Extended Stay America, Inc. Paired Share Unit in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 21 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
3% more capital invested
Capital invested by funds: $3.15B → $3.26B (+$106M)
4% less funds holding
Funds holding: 135 → 129 (-6)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
84% less call options, than puts
Call options by funds: $120K | Put options by funds: $752K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$10.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$9.03M |
| 5 |
SCM
Simcoe Capital Management
New York
|
+$7.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.7M |
| 2 |
Cohen & Steers
New York
|
-$18.5M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$18.3M |
| 4 |
Millennium Management
New York
|
-$9.39M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$7.65M |
STAY Hedge Fund Activity: Q1 2016 in Review
129 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q1 2016, worth a combined $3.26B — up 3.4% from $3.15B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of STAY and 17 opened new positions — a net loss of 4 holders — while 41 trimmed existing stakes and 57 added.
The largest buyer was Ameriprise, adding an estimated $13.7M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $18.7M sold.
- 129 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q1 2016, down from 135 in Q4 2015.
- Funds reported $3.26B of Extended Stay America, Inc. Paired Share Unit stock for Q1 2016, up 3.4% quarter-over-quarter.
- 17 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q1 2016 and 21 closed out, a net change of -4 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q1 2016 was Ameriprise, an estimated $13.7M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q1 2016 was Balyasny Asset Management, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2016.