SUNSTONE HOTEL INVS INC NEW SHO
COM · REIT · CUSIP 867892101
- SectorConsumer discretionary
- IndustryHotels & Motels
- HeadquartersAliso Viejo, CA
- 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 ($2.0m this quarter). Holder counts are more reliable. Shares outstanding: 185.9m as of 2026-07-30, 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 ≈ $11.46.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 238 |
| Q4 2022 | 238 |
| Q1 2023 | 220 |
| Q2 2023 | 228 |
| Q3 2023 | 232 |
| Q4 2023 | 233 |
| Q1 2024 | 240 |
| Q2 2024 | 242 |
| Q3 2024 | 235 |
| Q4 2024 | 244 |
| Q1 2025 | 240 |
| Q2 2025 | 237 |
| Q3 2025 | 232 |
| Q4 2025 | 245 |
| Q1 2026 | 246 |
| Q2 2026 | 274 |
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 2024 | 105 | 122 |
| Q4 2024 | 116 | 111 |
| Q1 2025 | 110 | 131 |
| Q2 2025 | 125 | 119 |
| Q3 2025 | 93 | 131 |
| Q4 2025 | 111 | 119 |
| Q1 2026 | 130 | 98 |
| Q2 2026 | 133 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.8m | $182.7k | 0.10 |
| Q4 2025 | $1.8k | $0 | 0.00 |
| Q1 2026 | $901 | $0 | 0.00 |
| Q2 2026 | $0 | $0 | — |
Biggest buyers
| Nuveen, LLC | Added | +3.1m |
| Qube Research & Technologies Ltd | Added | +3.0m |
| GOLDMAN SACHS GROUP INC | Added | +2.6m |
| BlackRock, Inc. | Added | +2.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.9m |
| CITADEL ADVISORS LLC | Added | +1.7m |
| Woodline Partners LP | Added | +1.1m |
| MORGAN STANLEY | Added | +985.3k |
| MARSHALL WACE, LLP | New | +910.5k |
| PANAGORA ASSET MANAGEMENT INC | Added | +782.1k |
Biggest sellers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Sold out | -4.7m |
| Alyeska Investment Group, L.P. | Sold out | -4.7m |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.9m |
| WESTWOOD HOLDINGS GROUP INC | Sold out | -3.7m |
| Balyasny Asset Management L.P. | Reduced | -1.9m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -1.3m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Reduced | -1.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.1m |
| SG Americas Securities, LLC | Reduced | -758.8k |
| JANE STREET GROUP, LLC | Sold out | -465.6k |
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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 17.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-02-05 | 10.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (3.4%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $1.0m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-24 | Springer Robert C PRESIDENT AND CIO | Sold | $1.0m89.6k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 35.1m $402.1m | Added +2.1m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 19.7m $226.0m | Added +323.5k |
| STATE STREET CORP 0.00% of their portfolio | 10.7m $123.9m | Reduced -66.5k |
| Blackstone Inc. 0.32% of their portfolio | 8.6m $98.2m | Reduced -65.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.4m $95.7m | Reduced -202.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.2m $71.1m | Reduced -3.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 5.2m $59.5m | Added +137.4k |
| Woodline Partners LP 0.16% of their portfolio | 4.6m $53.0m | Added +1.1m |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 4.5m $51.9m | Reduced -100.7k |
| Nuveen, LLC 0.01% of their portfolio | 4.3m $48.9m | Added +3.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.2m $48.3m | Reduced -64.1k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 4.1m $47.2m | Added +1.7m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.8m $44.4m | Added +208.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.7m $42.7m | Added +2.6m |
| H/2 CREDIT MANAGER LP 7.37% of their portfolio | 3.4m $38.8m | Added +598.2k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 3.1m $35.7m | Added +3.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 3.1m $35.5m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 2.9m $33.1m | Added +13.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.8m $31.8m | Added +137.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 2.7m $30.4m | Added +1.9m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.42% of their portfolio | 2.6m $30.3m | Reduced -1.3m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.6m $29.3m | Reduced -29.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $27.3m | Added +985.3k |
| Tributary Capital Management, LLC 1.62% of their portfolio | 1.7m $19.7m | Reduced -51.0k |
| SG Americas Securities, LLC 0.01% of their portfolio | 1.5m $17.0m | Reduced -758.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 1.5m $16.8m | Reduced -391.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.4m $16.3m | Added +818 |
| Fisher Asset Management, LLC 0.00% of their portfolio | 1.4m $15.7m | Added +176.2k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.3m $14.8m | Added +62.6k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 1.3m $14.5m | Added +782.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.3m $14.4m | Reduced -1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.2m $14.1m | Added +18.1k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 1.2m $13.5m | Reduced -1.9m |
| UBS Group AG 0.00% of their portfolio | 1.1m $12.5m | Added +318.1k |
| NORGES BANK 0.00% of their portfolio | 1.1m $12.1m | Not comparable |
| Invesco Ltd. 0.00% of their portfolio | 1.0m $11.7m | Added +96.0k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 950.6k $10.9m | Reduced -21.5k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 910.5k $10.4m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 906.6k $10.4m | Reduced -16.5k |
| Davis Selected Advisers 0.04% of their portfolio | 870.1k $10.0m | Reduced -19.6k |
| FMR LLC 0.00% of their portfolio | 824.6k $9.4m | Added +461.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 767.2k $8.8m | Unchanged |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 759.3k $8.7m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 751.3k $8.6m | Reduced -70.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 736.1k $8.4m | Added +399.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 654.4k $7.5m | Reduced -75.2k |
| Sophron Capital Management L.P. 1.94% of their portfolio | 545.9k $6.3m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 508.8k $5.8m | Added +369.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 494.6k $5.7m | Reduced -81.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.13% of their portfolio | 482.3k $5.5m | Added +30.4k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 464.6k $5.3m | Reduced -6.2k |
| Daiwa Securities Group Inc. 0.01% of their portfolio | 458.7k $5.3m | Reduced -3.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 435.0k $5.0m | Reduced -12.8k |
| Lighthouse Investment Partners, LLC 0.15% of their portfolio | 417.9k $4.8m | Reduced -139.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 378.9k $4.3m | Added +100.9k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 365.4k $4.2m | Reduced -181.9k |
| Swiss National Bank 0.00% of their portfolio | 360.5k $4.1m | Added +4.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 328.8k $3.8m | Reduced -165.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 323.1k $3.7m | Added +36.0k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 306.7k $3.5m | Added +13.9k |
| Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio | 303.7k $3.5m | Added +138.9k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 303.5k $3.5m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 297.9k $3.4m | Added +248.7k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 294.2k $3.4m | Added +114.5k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 280.2k $3.2m | Added +17.5k |
| SummitTX Capital, L.P. 0.08% of their portfolio | 276.6k $3.2m | Added +175.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 273.4k $3.1m | Added +18.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 269.8k $3.1m | Reduced -14.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 256.6k $2.9m | Reduced -119.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 254.7k $2.9m | New |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 252.6k $2.9m | Reduced -36.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 251.4k $2.3m | Added +17.9k |
| Engineers Gate Manager LP 0.04% of their portfolio | 245.3k $2.8m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 241.8k $2.8m | Added +39.7k |
| CITIGROUP INC 0.00% of their portfolio | 241.2k $2.8m | Reduced -17.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 241.1k $2.8m | Reduced -39.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 238.4k $2.7m | Added +176.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 226.0k $2.6m | Reduced -38.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 220.6k $2.5m | Added +17.2k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 205.6k $2.4m | Added +27.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 202.8k $2.3m | Reduced -5.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 202.5k $2.3m | Reduced -26.1k |
| Carrera Capital Advisors 0.35% of their portfolio | 201.9k $2.3m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 190.8k $2.2m | New |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 189.9k $2.2m | Reduced -918 |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 184.4k $2.1m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 178.1k $2.0m | Added +67.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 177.2k $2.0m | Reduced -34.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 169.1k $1.9m | Added +16.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 168.2k $1.9m | Added +23.1k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 166.1k $1.9m | Unchanged |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 161.4k $1.8m | Reduced -31.6k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 159.9k $1.8m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 159.2k $1.8m | Reduced -1.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 158.7k $1.8m | Reduced -17.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 154.2k $1.8m | Reduced -30.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 152.8k $1.7m | Added +102.1k |
| XTX Topco Ltd 0.02% of their portfolio | 149.7k $1.7m | Added +57.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 148.3k $1.7m | Added +19.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 139.6k $1.6m | Added +90.6k |