SUMMIT HOTEL PPTYS INC INN
COM · REIT · CUSIP 866082100 · ISIN US8660821005
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersAustin, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 108.8m as of 2025-07-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $5.09. Options: 4 managers hold calls ($75.3k notional), 2 hold puts ($2.0k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 208 |
| Q4 2022 | 214 |
| Q1 2023 | 215 |
| Q2 2023 | 205 |
| Q3 2023 | 207 |
| Q4 2023 | 193 |
| Q1 2024 | 185 |
| Q2 2024 | 203 |
| Q3 2024 | 215 |
| Q4 2024 | 211 |
| Q1 2025 | 221 |
| Q2 2025 | 208 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 83 | 108 |
| Q4 2023 | 84 | 105 |
| Q1 2024 | 72 | 102 |
| Q2 2024 | 90 | 90 |
| Q3 2024 | 96 | 91 |
| Q4 2024 | 97 | 84 |
| Q1 2025 | 95 | 96 |
| Q2 2025 | 108 | 108 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.3m | $233.2k | 0.10 |
| Q4 2024 | $2.5m | $141.1k | 0.06 |
| Q1 2025 | $1.1m | $20.0k | 0.02 |
| Q2 2025 | $75.3k | $2.0k | 0.03 |
Biggest buyers
| Long Pond Capital, LP | New | +9.4m |
| UBS Group AG | Added | +4.6m |
| CastleKnight Management LP | New | +1.3m |
| ROYAL BANK OF CANADA | Added | +705.5k |
| STRS OHIO | Added | +569.4k |
| Thrivent Financial for Lutherans | Added | +487.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +471.4k |
| CITADEL ADVISORS LLC | Added | +451.3k |
| H/2 CREDIT MANAGER LP | Added | +450.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +416.3k |
Biggest sellers
| BlackRock, Inc. | Reduced | -2.9m |
| Nuveen, LLC | Reduced | -2.4m |
| VANGUARD GROUP INC | Reduced | -2.2m |
| STATE STREET CORP | Reduced | -1.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -628.4k |
| GLOBEFLEX CAPITAL L P | Reduced | -451.3k |
| Legal & General Group Plc | Reduced | -411.1k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -370.3k |
| Lighthouse Investment Partners, LLC | Reduced | -320.0k |
| State of New Jersey Common Pension Fund D | Sold out | -305.1k |
Biggest calls
| CITADEL ADVISORS LLC | New | $73.8k14.5k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | New | $0100 shares |
Biggest puts
| GROUP ONE TRADING LLC | Reduced | $2.0k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PRUDENTIAL FINANCIAL INC 13G · institution +4.4 pts · filed 2026-07-08 | 10.8% |
| JENNISON ASSOCIATES LLC 13G · institution +4.6 pts · filed 2026-07-02 | 10.8% |
| H/2 CREDIT MANAGER LP 13G · institution filed 2025-02-14 | 8.3% |
| UBS Group AG 13G · institution new · filed 2026-08-05 | 8.1% |
| BlackRock, Inc. 13G · institution -7.0 pts · filed 2026-04-07 | 8.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.1% |
Fell to 5% or below in the last year: Long Pond Capital, LP (0.0%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $75.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-21 | Storey Thomas W. Director | Bought | —27.1k shares |
| 2025-05-13 | Storey Thomas W. Director | Bought | $75.2k16.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 17.1m $87.1m | Reduced -2.9m |
| VANGUARD GROUP INC 0.00% of their portfolio | 13.2m $67.1m | Reduced -2.2m |
| Long Pond Capital, LP 3.15% of their portfolio | 9.4m $47.8m | New |
| H/2 CREDIT MANAGER LP 13.07% of their portfolio | 9.4m $47.6m | Added +450.0k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 7.0m $35.4m | Added +114.4k |
| UBS Group AG 0.01% of their portfolio | 5.8m $29.7m | Added +4.6m |
| STATE STREET CORP 0.00% of their portfolio | 4.9m $25.1m | Reduced -1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.9m $14.6m | Added +50.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 2.5m $12.7m | Reduced -6.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.3m $11.5m | Added +416.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.9m $9.8m | Added +105.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.5m $7.6m | Added +705.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.4m $7.1m | Reduced -109.1k |
| CastleKnight Management LP 0.45% of their portfolio | 1.3m $6.8m | New |
| GRACE & WHITE INC /NY 1.15% of their portfolio | 1.2m $6.3m | Added +46.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $6.1m | Reduced -204.5k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.15% of their portfolio | 1.1m $5.5m | Added +11.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 919.1k $4.7m | Added +64.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 793.5k $4.0m | Added +3.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 771.7k $3.9m | Reduced -370.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 756.2k $3.8m | Added +471.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 754.7k $3.8m | Reduced -157.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 685.1k $3.5m | Reduced -165.5k |
| Nuveen, LLC 0.00% of their portfolio | 665.9k $3.4m | Reduced -2.4m |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 648.0k $3.3m | Added +108.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 618.7k $3.1m | Added +33.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 615.7k $3.1m | Added +191.7k |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 598.8k $3.0m | Unchanged |
| STRS OHIO 0.01% of their portfolio | 588.2k $3.0m | Added +569.4k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 575.4k $2.9m | Added +77.4k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 567.4k $2.9m | Added +487.7k |
| GLOBEFLEX CAPITAL L P 0.24% of their portfolio | 566.5k $2.9m | Reduced -451.3k |
| Invesco Ltd. 0.00% of their portfolio | 497.4k $2.5m | Reduced -287.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 460.2k $2.3m | Added +451.3k |
| Man Group plc 0.01% of their portfolio | 458.7k $2.3m | Added +28.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 392.8k $2.0m | Added +43.6k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 372.6k $1.9m | Added +28.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 337.0k $1.7m | Added +15.8k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 324.1k $1.6m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 322.4k $1.6m | Reduced -40.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 313.7k $1.6m | Added +272.0k |
| Lighthouse Investment Partners, LLC 0.07% of their portfolio | 300.0k $1.5m | Reduced -320.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 298.6k $1.8m | Added +50.2k |
| BARCLAYS PLC 0.00% of their portfolio | 288.4k $1.5m | Reduced -138.5k |
| Legal & General Group Plc 0.00% of their portfolio | 277.1k $1.4m | Reduced -411.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 270.3k $1.4m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 251.7k $1.3m | Added +53.1k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 248.6k $1.3m | Reduced -85.0k |
| Penserra Capital Management LLC 0.02% of their portfolio | 247.1k $1.3m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 244.9k $1.2m | Added +10.1k |
| Engine Capital Management, LP 0.26% of their portfolio | 243.7k $1.2m | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 243.2k $1.2m | Reduced -4.0k |
| Swiss National Bank 0.00% of their portfolio | 212.0k $1.1m | Unchanged |
| Allegheny Financial Group 0.23% of their portfolio | 199.6k $1.0m | Reduced -3.6k |
| US BANCORP \DE\ 0.00% of their portfolio | 181.6k $924.4k | Added +11.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 175.2k $891.9k | New |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 175.2k $891.7k | Reduced -132.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 174.8k $889.8k | Added +42.9k |
| CITIGROUP INC 0.00% of their portfolio | 166.1k $845.5k | Reduced -22.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 165.6k $842.7k | Added +88.7k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 164.0k $835.0k | New |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 160.8k $818.6k | Added +4.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 157.8k $803.0k | Added +5.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 155.0k $789.0k | Added +7.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 144.2k $734.0k | Added +36.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 123.1k $626.7k | Reduced -10.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 122.9k $625.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 121.2k $616.7k | Reduced -200.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 120.7k $614.1k | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 118.4k $602.9k | Reduced -42.7k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 118.4k $601.0k | Added +8.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 118.1k $601.0k | Reduced -2.9k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 117.0k $595.3k | New |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 113.0k $575.2k | Added +18.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 100.9k $513.5k | Unchanged |
| Quantinno Capital Management LP 0.00% of their portfolio | 95.2k $484.7k | New |
| Pathstone Holdings, LLC 0.00% of their portfolio | 93.9k $478.1k | Reduced -20.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 93.5k $475.7k | Reduced -628.4k |
| Vestcor Inc 0.01% of their portfolio | 88.3k $450.0k | Added +14.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 84.5k $430.0k | Added +4.8k |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 82.9k $421.9k | Added +5.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 77.4k $394.2k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 75.6k $385.1k | Added +12.3k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 75.2k $382.7k | Reduced -26.4k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 69.8k $355.2k | Reduced -19.3k |
| Pensionfund PDN 0.24% of their portfolio | 69.0k $351.0k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 67.4k $343.3k | Added +10.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 64.1k $326.3k | Reduced -52.8k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 61.5k $313.2k | Reduced -2.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 60.5k $308.0k | Reduced -1.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 57.1k $290.5k | Reduced -37.0k |
| Illinois Municipal Retirement Fund 0.00% of their portfolio | 55.4k $281.8k | Reduced -5.9k |
| Louisiana State Employees Retirement System 0.00% of their portfolio | 51.1k $260.1k | Unchanged |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 50.6k $257.3k | Reduced -3.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 48.4k $246.6k | Reduced -167.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 48.1k $244.9k | Reduced -3.5k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 47.0k $239.4k | Reduced -5.5k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 46.6k $236.8k | Unchanged |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 44.0k $227.3k | Reduced -3.0k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 43.6k $221.8k | Added +446 |