Service Properties Trust
SVC
250 hedge funds and large institutions have $1.32B invested in Service Properties Trust in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 87 increasing their positions, 73 reducing their positions, and 27 closing their positions.
264% more call options, than puts
Call options by funds: $15.2M | Put options by funds: $4.19M
39% more capital invested
Capital invested by funds: $950M → $1.32B (+$373M)
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
19% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 73
2% more funds holding
Funds holding: 244 → 250 (+6)
0.3% more ownership
Funds ownership: 15.76% → 16.06% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$6.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.08M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
+$5.92M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$2.84M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFL
Flat Footed LLC
Wilson,
Wyoming
|
-$12.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.46M |
| 3 |
BlackRock
New York
|
-$5.51M |
| 4 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$3.11M |
| 5 |
CM
Capital Management
Glen Allen,
Virginia
|
-$2.89M |
SVC Hedge Fund Activity: Q1 2023 in Review
250 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Service Properties Trust (SVC) for Q1 2023, worth a combined $1.32B — up 39% from $950M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SVC positions and 27 closed out — a net gain of 9 holders — while 87 added to existing stakes and 73 trimmed.
The largest buyer was Glendon Capital Management, opening a new position worth an estimated $6.4M. The largest seller was Flat Footed LLC, cutting an estimated $12.5M.
- 250 institutional investors held Service Properties Trust (SVC) as of Q1 2023, up from 244 in Q4 2022.
- Funds reported $1.32B of Service Properties Trust stock for Q1 2023, up 39% quarter-over-quarter.
- 36 funds opened new Service Properties Trust positions in Q1 2023 and 27 closed out, a net change of +9 holders.
- The largest Service Properties Trust buyer in Q1 2023 was Glendon Capital Management, an estimated $6.4M added.
- The largest Service Properties Trust seller in Q1 2023 was Flat Footed LLC, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2023.