Extended Stay America, Inc. Paired Share Unit
STAY
STAY was delisted on the 15th of June, 2021.
218 hedge funds and large institutions have $1.76B invested in Extended Stay America, Inc. Paired Share Unit in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 69 increasing their positions, 96 reducing their positions, and 31 closing their positions.
53% more call options, than puts
Call options by funds: $51.1M | Put options by funds: $33.4M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
4% more capital invested
Capital invested by funds: $1.69B → $1.76B (+$64.5M)
4% less funds holding
Funds holding: 226 → 218 (-8)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
28% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$33.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15.9M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.47M |
| 5 |
Goldman Sachs
New York
|
+$6.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$41M |
| 2 |
Millennium Management
New York
|
-$16.3M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$14.4M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$13.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13.4M |
STAY Hedge Fund Activity: Q3 2020 in Review
218 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Extended Stay America, Inc. Paired Share Unit (STAY) for Q3 2020, worth a combined $1.76B — up 3.8% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of STAY and 23 opened new positions — a net loss of 8 holders — while 96 trimmed existing stakes and 69 added.
The largest buyer was Fidelity Investments, adding an estimated $45.3M. The largest seller was Long Pond Capital, cutting an estimated $41M.
- 218 institutional investors held Extended Stay America, Inc. Paired Share Unit (STAY) as of Q3 2020, down from 226 in Q2 2020.
- Funds reported $1.76B of Extended Stay America, Inc. Paired Share Unit stock for Q3 2020, up 3.8% quarter-over-quarter.
- 23 funds opened new Extended Stay America, Inc. Paired Share Unit positions in Q3 2020 and 31 closed out, a net change of -8 holders.
- The largest Extended Stay America, Inc. Paired Share Unit buyer in Q3 2020 was Fidelity Investments, an estimated $45.3M added.
- The largest Extended Stay America, Inc. Paired Share Unit seller in Q3 2020 was Long Pond Capital, an estimated $41M sold.
Based on aggregated 13F filings for Q3 2020.