Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
226 hedge funds and large institutions have $1.69B invested in Extended Stay America, Inc. Paired Share Unit in 2020 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 62 increasing their positions, 91 reducing their positions, and 40 closing their positions.
205% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $4.89M
42% more capital invested
Capital invested by funds: $1.19B → $1.69B (+$501M)
40% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 40
6% more funds holding
Funds holding: 213 → 226 (+13)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
32% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.2M |
| 2 |
ZP
Zimmer Partners
New York
|
+$57.9M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$33.8M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$27.3M |
| 5 |
CP
Centerbridge Partners
New York
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$76.5M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$73.1M |
| 3 |
Blackstone Inc
New York
|
-$63.2M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$30.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$22.3M |
STAY Hedge Fund Activity: Q2 2020 in Review
226 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q2 2020, worth a combined $1.69B — up 42% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new STAY positions and 40 closed out — a net gain of 16 holders — while 62 added to existing stakes and 91 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $69.2M. The largest seller was Long Pond Capital, cutting an estimated $76.5M.
- 226 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q2 2020, up from 213 in Q1 2020.
- Funds reported $1.69B of Extended Stay America, Inc. Paired Share Unit stock for Q2 2020, up 42% quarter-over-quarter.
- 56 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q2 2020 and 40 closed out, a net change of +16 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q2 2020 was Fidelity Investments, an estimated $69.2M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q2 2020 was Long Pond Capital, an estimated $76.5M sold.
Based on aggregated 13F filings for Q2 2020.