Service Properties Trust
246 hedge funds and large institutions have $1.14B invested in Service Properties Trust in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 75 increasing their positions, 94 reducing their positions, and 23 closing their positions.
98% more call options, than puts
Call options by funds: $8.19M | Put options by funds: $4.14M
0.26% less ownership
Funds ownership: 16.06% → 15.8% (-0.26%)
2% less funds holding
Funds holding: 250 → 246 (-4)
14% less capital invested
Capital invested by funds: $1.32B → $1.14B (-$180M)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
20% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 94
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.52M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$5.95M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.46M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.52M |
| 5 |
CM
Capital Management
Glen Allen,
Virginia
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFL
Flat Footed LLC
Wilson,
Wyoming
|
-$8.27M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.16M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.4M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$4.65M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.18M |
SVC Hedge Fund Activity: Q2 2023 in Review
246 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Service Properties Trust (SVC) for Q2 2023, worth a combined $1.14B — down 14% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SVC and 19 opened new positions — a net loss of 4 holders — while 94 trimmed existing stakes and 75 added.
The largest buyer was Goldman Sachs, adding an estimated $8.52M. The largest seller was Flat Footed LLC, exiting entirely with an estimated $8.27M sold.
- 246 institutional investors held Service Properties Trust (SVC) as of Q2 2023, down from 250 in Q1 2023.
- Funds reported $1.14B of Service Properties Trust stock for Q2 2023, down 14% quarter-over-quarter.
- 19 funds opened new Service Properties Trust positions in Q2 2023 and 23 closed out, a net change of -4 holders.
- The largest Service Properties Trust buyer in Q2 2023 was Goldman Sachs, an estimated $8.52M added.
- The largest Service Properties Trust seller in Q2 2023 was Flat Footed LLC, an estimated $8.27M sold.
Based on aggregated 13F filings for Q2 2023.