Service Properties Trust
345 hedge funds and large institutions have $3.12B invested in Service Properties Trust in 2018 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 126 increasing their positions, 126 reducing their positions, and 55 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 126
0.39% less ownership
Funds ownership: 15.45% → 15.06% (-0.39%)
5% less funds holding
Funds holding: 363 → 345 (-18)
18% less capital invested
Capital invested by funds: $3.79B → $3.12B (-$663M)
27% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 55
34% less call options, than puts
Call options by funds: $3.64M | Put options by funds: $5.54M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$18M |
| 2 |
Renaissance Technologies
New York
|
+$12.9M |
| 3 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$10.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$6.42M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$5.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$33.2M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$31.1M |
| 3 |
Millennium Management
New York
|
-$9.24M |
| 4 |
BlackRock
New York
|
-$8.96M |
| 5 |
Goldman Sachs
New York
|
-$8.66M |
SVC Hedge Fund Activity: Q1 2018 in Review
345 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Service Properties Trust (SVC) for Q1 2018, worth a combined $3.12B — down 18% from $3.79B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of SVC and 40 opened new positions — a net loss of 15 holders — while 126 trimmed existing stakes and 126 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $18M. The largest seller was Vanguard Group, cutting an estimated $33.2M.
- 345 institutional investors held Service Properties Trust (SVC) as of Q1 2018, down from 363 in Q4 2017.
- Funds reported $3.12B of Service Properties Trust stock for Q1 2018, down 18% quarter-over-quarter.
- 40 funds opened new Service Properties Trust positions in Q1 2018 and 55 closed out, a net change of -15 holders.
- The largest Service Properties Trust buyer in Q1 2018 was Mackay Shields LLC, an estimated $18M added.
- The largest Service Properties Trust seller in Q1 2018 was Vanguard Group, an estimated $33.2M sold.
Based on aggregated 13F filings for Q1 2018.