Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
221 hedge funds and large institutions have $2.4B invested in Extended Stay America, Inc. Paired Share Unit in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 71 increasing their positions, 82 reducing their positions, and 27 closing their positions.
116% more call options, than puts
Call options by funds: $52.5M | Put options by funds: $24.3M
37% more capital invested
Capital invested by funds: $1.76B → $2.4B (+$643M)
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
19% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 27
1% more funds holding
Funds holding: 218 → 221 (+3)
13% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$26M |
| 2 |
TC
Tarsadia Capital
New York
|
+$21.7M |
| 3 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
+$13.5M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$11.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$31.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$24.2M |
| 3 |
BlackRock
New York
|
-$20.6M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$12.8M |
| 5 |
Goldman Sachs
New York
|
-$12.7M |
STAY Hedge Fund Activity: Q4 2020 in Review
221 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q4 2020, worth a combined $2.4B — up 37% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new STAY positions and 27 closed out — a net gain of 5 holders — while 71 added to existing stakes and 82 trimmed.
The largest buyer was Long Pond Capital, adding an estimated $26M. The largest seller was Centerbridge Partners, cutting an estimated $31.5M.
- 221 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q4 2020, up from 218 in Q3 2020.
- Funds reported $2.4B of Extended Stay America, Inc. Paired Share Unit stock for Q4 2020, up 37% quarter-over-quarter.
- 32 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q4 2020 and 27 closed out, a net change of +5 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q4 2020 was Long Pond Capital, an estimated $26M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q4 2020 was Centerbridge Partners, an estimated $31.5M sold.
Based on aggregated 13F filings for Q4 2020.