Vault-13

SUNSTONE HOTEL INVS INC NEW SHO

COM · REIT · CUSIP 867892101

238 institutional holders +0 vs Q3 2022
230,038,954230.0m shares reported held*
110.5% of all shares outstanding*
$2.2bnreported value*
22 new 85 added 92 reduced 28 sold out net sold ≈ $28.8m (-3.0m shares)

* 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 ($685.2k this quarter). Holder counts are more reliable. Shares outstanding: 208.2m as of 2023-02-08, 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 ≈ $9.66. Options: 3 managers hold calls ($122.7k notional), 4 hold puts ($45.1k).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 238Q4 22: 238238Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022238
Q4 2022238

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150kQ3 22 calls: $51.0kQ3 22 puts: $135.0kQ3 22P/C 2.65Q4 22 calls: $122.7kQ4 22 puts: $45.1kQ4 22P/C 0.37
Numbers
QuarterCallsPutsP/C
Q3 2022$51.0k$135.0k2.65
Q4 2022$122.7k$45.1k0.37

Biggest buyers

BlackRock Inc. Added +2,494,702+2.5m
DEUTSCHE BANK AG\ Added +2,457,668+2.5m
Fisher Asset Management, LLC New +2,251,472+2.3m
LORD, ABBETT & CO. LLC Added +1,907,295+1.9m
Russell Investments Group, Ltd. Added +1,073,027+1.1m
Long Pond Capital, LP New +940,059+940.1k
FRANKLIN RESOURCES INC Added +780,592+780.6k
NORTHERN TRUST CORP Added +597,088+597.1k
STATE STREET CORP Added +458,624+458.6k
Invesco Ltd. Added +389,195+389.2k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -5,181,927-5.2m
JPMORGAN CHASE & CO Reduced -2,507,567-2.5m
Schonfeld Strategic Advisors LLC Sold out -1,645,780-1.6m
CENTERSQUARE INVESTMENT MANAGEMENT LLC Sold out -926,087-926.1k
MAKENA CAPITAL MANAGEMENT LLC Sold out -853,663-853.7k
Point72 Asset Management, L.P. Sold out -766,193-766.2k
GOLDMAN SACHS GROUP INC Reduced -742,434-742.4k
Balyasny Asset Management L.P. Reduced -704,742-704.7k
PRINCIPAL FINANCIAL GROUP INC Reduced -693,136-693.1k
CITADEL ADVISORS LLC Reduced -432,683-432.7k

Biggest calls

CITADEL ADVISORS LLC New $92.7k9.6k shares
SIMPLEX TRADING, LLC Added $30.0k3.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SIMPLEX TRADING, LLC Added $20.0k2.1k shares
GROUP ONE TRADING LLC Unchanged $19.3k2.0k shares
CITADEL ADVISORS LLC New $5.8k600 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-07-17 17.0% 33.8m≈ $386.8m 2025-07-17
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-02-05 10.2% new 19.4m≈ $222.2m 2026-02-05
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 5.3% new 10.1m≈ $115.8m 2026-04-30

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 in Q4 2022

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)

BuyingSelling
101Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 1 buyingQ4 21: 0 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 1 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20211$115.1k0——
Q1 20220—0——
Q2 20220—1$12—
Q3 20220—0——
Q4 20220—0——

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 40,211,25640.2m $388.4m $388.4m 0.01% Added +2.5m +2,494,702
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 34,677,15334.7m $335.0m $335.0m 0.01% Added +203.9k +203,944
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 14,111,35014.1m $137.0m $137.0m 0.01% Added +458.6k +458,624
4 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 8,988,9159.0m $86.8m $86.8m 0.05% Added +780.6k +780,592
5 Blackstone Inc. 0.32% of their portfolio NEW YORK, NY 8,645,0008.6m $83.5m $83.5m 0.32% Unchanged
6 PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio DES MOINES, IA 8,129,8308.1m $78.5m $78.5m 0.06% Reduced -693.1k -693,136
7 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 5,078,2325.1m $49.1m $49.1m 0.09% Added +1.9m +1,907,295
8 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.77% of their portfolio RADNOR, PA 4,555,8854.6m $44.0m $44.0m 0.77% Reduced -180.7k -180,703
9 RUSH ISLAND MANAGEMENT, LP 7.79% of their portfolio NEW YORK, NY 4,545,8114.5m $43.9m $43.9m 7.79% Added +57.2k +57,190
10 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,395,0374.4m $42.5m $42.5m 0.01% Added +597.1k +597,088
11 FMR LLC 0.00% of their portfolio BOSTON, MA 4,389,2674.4m $42.4m $42.4m 0.00% Reduced -174.6k -174,642
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 4,345,6154.3m $42.0m $42.0m 0.01% Added +83.2k +83,197
13 Balyasny Asset Management L.P. 0.15% of their portfolio Chicago, IL 4,297,1414.3m $41.5m $41.5m 0.15% Reduced -704.7k -704,742
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 3,840,8243.8m $37.1m $37.1m 0.01% Added +142.7k +142,679
15 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 3,812,6413.8m $36.8m $36.8m 0.03% Reduced -5.2m -5,181,927
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 3,714,0883.7m $35.9m $35.9m 0.01% Reduced -52.5k -52,541
17 Legal & General Group Plc 0.01% of their portfolio London, X0 3,175,4153.2m $30.7m $30.7m 0.01% Added +150.0k +149,965
18 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,007,6213.0m $29.1m $29.1m 0.01% Added +34.1k +34,067
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,852,4622.9m $27.6m $27.6m 0.00% Reduced -2.5m -2,507,567
20 WESTWOOD HOLDINGS GROUP INC 0.24% of their portfolio DALLAS, TX 2,777,7072.8m $26.8m $26.8m 0.24% Added +104.3k +104,285
21 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 2,769,8172.8m $26.8m $26.8m 0.02% Added +146.3k +146,284
22 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 2,600,6002.6m $25.1m $25.1m 0.01% Added +2.5m +2,457,668
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,582,3342.6m $24.9m $24.9m 0.01% Reduced -133.5k -133,505
24 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio CHICAGO, IL 2,582,0222.6m $24.9m $24.9m 0.10% Reduced -101.4k -101,394
25 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 2,251,4722.3m $21.7m $21.7m 0.01% New
26 Allianz Asset Management GmbH 0.05% of their portfolio MUNICH, 2M 2,204,7232.2m $21.3m $21.3m 0.05% Reduced -158.8k -158,832
27 FRONTIER CAPITAL MANAGEMENT CO LLC 0.22% of their portfolio Boston, MA 2,114,4132.1m $20.4m $20.4m 0.22% Reduced -57.6k -57,640
28 NORGES BANK 0.00% of their portfolio OSLO, Q8 2,064,2702.1m $19.9m $19.9m 0.00% Unchanged
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,638,1611.6m $15.8m $15.8m 0.00% Reduced -409.9k -409,853
30 KENNEDY CAPITAL MANAGEMENT LLC 0.43% of their portfolio ST LOUIS, MO 1,585,7081.6m $15.3m $15.3m 0.43% Reduced -27.1k -27,068
31 AltraVue Capital, LLC 2.10% of their portfolio BELLEVUE, WA 1,551,3171.6m $15.0m $15.0m 2.10% Unchanged
32 JACOBS LEVY EQUITY MANAGEMENT, INC 0.10% of their portfolio FLORHAM PARK, NJ 1,534,9181.5m $14.8m $14.8m 0.10% Reduced -79.6k -79,637
33 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 1,307,6251.3m $12.6m $12.6m 0.03% Added +1.1m +1,073,027
34 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 1,204,9911.2m $11.6m $11.6m 0.01% Reduced -4.5k -4,456
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 1,192,8851.2m $11.5m $11.5m 0.01% Added +111.4k +111,358
36 H/2 CREDIT MANAGER LP 5.11% of their portfolio STAMFORD, CT 1,188,2101.2m $11.5m $11.5m 5.11% Unchanged
37 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 1,185,7901.2m $11.5m $11.5m 0.01% Added +13.2k +13,237
38 Tributary Capital Management, LLC 1.10% of their portfolio OMAHA, NE 1,147,4221.1m $11.1m $11.1m 1.10% Reduced -55.2k -55,246
39 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.30% of their portfolio AMSTERDAM, P7 1,077,3751.1m $10.4m $10.4m 0.30% Reduced -16.7k -16,700
40 PEREGRINE CAPITAL MANAGEMENT LLC 0.31% of their portfolio MINNEAPOLIS, MN 1,039,6211.0m $10.0m $10.0m 0.31% Reduced -11.3k -11,302
41 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 995,867995.9k $9.6m $9.6m 0.00% Added +90.4k +90,421
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 984,061984.1k $9.5m $9.5m 0.00% Added +389.2k +389,195
43 HEARTLAND ADVISORS INC 0.60% of their portfolio MILWAUKEE, WI 980,400980.4k $9.5m $9.5m 0.60% Reduced -383.9k -383,933
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 956,990957.0k $9.2m $9.2m 0.00% Reduced -742.4k -742,434
45 Long Pond Capital, LP 0.56% of their portfolio New York, NY 940,059940.1k $9.1m $9.1m 0.56% New
46 Davis Selected Advisers 0.05% of their portfolio Tucson, AZ 816,580816.6k $7.9m $7.9m 0.05% Unchanged
47 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 729,191729.2k $7.0m $7.0m 0.01% Added +8.0k +8,022
48 Ziegler Capital Management, LLC 0.26% of their portfolio CHICAGO, IL 630,366630.4k $6.1m $6.1m 0.26% Reduced -241.0k -240,980
49 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 574,496574.5k $5.5m $5.5m 0.02% Reduced -170.9k -170,862
50 Brandywine Global Investment Management, LLC 0.04% of their portfolio PHILADELPHIA, PA 572,541572.5k $5.5m $5.5m 0.04% Added +152.5k +152,463
51 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 563,813563.8k $5.4m $5.4m 0.03% Added +242.6k +242,562
52 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 521,500521.5k $5.0m $5.0m 0.01% Reduced -362.9k -362,900
53 Swiss National Bank 0.00% of their portfolio ZURICH, V8 512,649512.6k $5.0m $5.0m 0.00% Added +2.3k +2,300
54 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 476,596476.6k $4.6m $4.6m 0.00% Added +112.9k +112,883
55 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 453,682453.7k $4.4m $4.4m 0.01% Added +8.9k +8,928
56 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 432,474432.5k $4.2m $4.2m 0.01% Added +315 +315
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 424,302424.3k $4.1m $4.1m 0.00% Added +124.5k +124,462
58 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 399,947399.9k $3.9m $3.9m 0.02% Added +17.6k +17,556
59 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 382,777382.8k $3.7m $3.7m 0.03% Reduced -6.4k -6,401
60 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 373,704373.7k $3.6m $3.6m 0.00% Reduced -7.3k -7,341
61 WESTPAC BANKING CORP 0.05% of their portfolio SYDNEY, C3 339,916339.9k $3.3m $3.3m 0.05% Reduced -30.6k -30,552
62 Index Fund Advisors, Inc. 0.23% of their portfolio IRVINE, CA 338,814338.8k $3.3m $3.3m 0.23% Added +1.7k +1,684
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 334,548334.5k $3.2m $3.2m 0.00% Reduced -45.7k -45,749
64 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 332,025332.0k $3.2m $3.2m 0.01% Reduced -15.6k -15,578
65 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 328,677328.7k $3.2m $3.2m 0.00% Added +13.1k +13,119
66 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 320,843320.8k $3.1m $3.1m 0.01% Added +65.5k +65,521
67 Advisors Preferred, LLC 1.26% of their portfolio ROCKVILLE, MD 313,421313.4k $3.0m $3.0m 1.26% New
68 Hill Winds Capital LP 1.47% of their portfolio High Falls, NY 300,000300.0k $2.9m $2.9m 1.47% Added +200.0k +200,000
69 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 297,312297.3k $2.9m $2.9m 0.01% Added +20.3k +20,272
70 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 276,452276.5k $2.7m $2.7m 0.01% Reduced -7.0k -6,957
71 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 269,436269.4k $2.6m $2.6m 0.00% Added +470 +470
72 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 265,948265.9k $2.6m $2.6m 0.04% Added +214.0k +213,952
73 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 261,510261.5k $2.5m $2.5m 0.01% Reduced -84.7k -84,684
74 South Dakota Investment Council 0.06% of their portfolio SIOUX FALLS, SD 255,956256.0k $2.5m $2.5m 0.06% Unchanged
75 UBS Group AG 0.00% of their portfolio ZURICH, V8 254,605254.6k $2.5m $2.5m 0.00% Reduced -11.9k -11,943
76 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 253,156253.2k $2.4m $2.4m 0.03% Added +524 +524
77 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 251,822251.8k $2.4m $2.4m 0.00% First filing
78 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 248,318248.3k $2.4m $2.4m 0.01% Reduced -17.4k -17,412
79 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 235,292235.3k $2.3m $2.3m 0.00% Reduced -23.2k -23,216
80 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 228,690228.7k $2.2m $2.2m 0.01% Added +10.4k +10,400
81 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 225,175225.2k $2.2m $2.2m 0.02% Added +31.7k +31,729
82 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 224,847224.8k $2.2m $2.2m 0.01% Added +42.6k +42,600
83 VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio RICHMOND, VA 223,100223.1k $2.2m $2.2m 0.02% Reduced -235.5k -235,500
84 CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio PARIS, I0 219,855219.9k $2.1m $2.1m 0.05% Reduced -73.2k -73,246
85 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 219,502219.5k $2.1m $2.1m 0.00% Added +24.9k +24,894
86 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 215,439215.4k $2.1m $2.1m 0.00% Reduced -4.5k -4,519
87 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 209,671209.7k $2.0m $2.0m 0.01% Reduced -8.5k -8,491
88 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 196,088196.1k $1.9m $1.9m 0.00% Reduced -111 -111
89 HANTZ FINANCIAL SERVICES, INC. 0.05% of their portfolio SOUTHFIELD, MI 184,379184.4k $1.8m $1.8m 0.05% Added +14.6k +14,569
90 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 168,309168.3k $1.6m $1.6m 0.00% Added +69.9k +69,925
91 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 151,658151.7k $1.5m $1.5m 0.01% Reduced -1.9k -1,934
92 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 141,449141.4k $1.4m $1.4m 0.02% Reduced -11.2k -11,245
93 Amundi 0.00% of their portfolio Paris, I0 139,189139.2k $1.4m $1.4m 0.00% Added +18.9k +18,900
94 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 136,412136.4k $1.3m $1.3m 0.00% Added +38.1k +38,075
95 Repertoire Partners LP 0.80% of their portfolio NEW YORK, NY 132,866132.9k $1.3m $1.3m 0.80% New
96 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 116,986117.0k $1.1m $1.1m 0.00% Added +73.4k +73,401
97 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 115,186115.2k $1.1m $1.1m 0.01% Reduced -1.0k -1,041
98 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 111,206111.2k $1.1m $1.1m 0.00% Reduced -10.7k -10,692
99 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 108,825108.8k $1.0m $1.0m 0.00% Added +10.0k +9,966
100 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 108,709108.7k $1.1m $1.1m 0.01% Reduced -6.0k -5,962