Vault-13

SUNSTONE HOTEL INVS INC NEW SHO

COM · REIT · CUSIP 867892101

220 institutional holders -18 vs Q4 2022
227,997,023228.0m shares reported held*
110.1% of all shares outstanding*
$2.2bnreported value*
21 new 82 added 85 reduced 37 sold out net sold ≈ $19.6m (-1.6m 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 ($498.7k this quarter). Holder counts are more reliable. Shares outstanding: 207.1m as of 2023-05-01, 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 ≈ $9.87. Options: 3 managers hold calls ($439.7k notional), 3 hold puts ($2.0k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 238Q4 22: 238Q1 23: 220220Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022238
Q4 2022238
Q1 2023220

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 107 bought or addedQ4 22: 120 cut or sold outQ4 22Q1 23: 103 bought or addedQ1 23: 122 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022107120
Q1 2023103122

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 22 calls: $51.0kQ3 22 puts: $135.0kQ3 22P/C 2.65Q4 22 calls: $122.7kQ4 22 puts: $45.1kQ4 22P/C 0.37Q1 23 calls: $439.7kQ1 23 puts: $2.0kQ1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$51.0k$135.0k2.65
Q4 2022$122.7k$45.1k0.37
Q1 2023$439.7k$2.0k0.00

Biggest buyers

FMR LLC Added +4,331,267+4.3m
Waterfront Capital Partners, LLC New +2,097,893+2.1m
RUSH ISLAND MANAGEMENT, LP Added +1,864,656+1.9m
Point72 Asset Management, L.P. New +1,136,664+1.1m
JPMORGAN CHASE & CO Added +1,012,987+1.0m
Brandywine Global Investment Management, LLC Added +605,861+605.9k
Cinctive Capital Management LP New +502,514+502.5k
ENVESTNET ASSET MANAGEMENT INC Added +368,300+368.3k
HEARTLAND ADVISORS INC Added +357,300+357.3k
Ergoteles LLC New +271,936+271.9k

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -5,078,232-5.1m
DEUTSCHE BANK AG\ Reduced -2,407,881-2.4m
Russell Investments Group, Ltd. Reduced -1,247,106-1.2m
NEUBERGER BERMAN GROUP LLC Sold out -1,185,790-1.2m
VICTORY CAPITAL MANAGEMENT INC Reduced -1,168,424-1.2m
Balyasny Asset Management L.P. Reduced -1,048,166-1.0m
FRONTIER CAPITAL MANAGEMENT CO LLC Reduced -616,503-616.5k
BlackRock Inc. Reduced -614,754-614.8k
MORGAN STANLEY Reduced -410,933-410.9k
CANADA PENSION PLAN INVESTMENT BOARD Reduced -404,400-404.4k

Biggest calls

CITADEL ADVISORS LLC Added $350.7k35.5k shares
SIMPLEX TRADING, LLC Added $89.0k9.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SIMPLEX TRADING, LLC Reduced $1.0k200 shares
CITADEL ADVISORS LLC Reduced $988100 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 Q1 2023

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
101Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 1 buyingQ4 21: 0 sellingQ1 22: 0 buyingQ1 22: 0 sellingQ1 22Q2 22: 0 buyingQ2 22: 1 sellingQ3 22: 0 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20210—0——
Q3 20210—0——
Q4 20211$115.1k0——
Q1 20220—0——
Q2 20220—1$12—
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 39,596,50239.6m $391.2m $391.2m 0.01% Reduced -614.8k -614,754
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 34,870,35234.9m $344.5m $344.5m 0.01% Added +193.2k +193,199
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 13,997,26914.0m $139.0m $139.0m 0.01% Reduced -114.1k -114,081
4 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 8,993,4009.0m $88.9m $88.9m 0.04% Added +4.5k +4,485
5 FMR LLC 0.00% of their portfolio BOSTON, MA 8,720,5348.7m $86.2m $86.2m 0.00% Added +4.3m +4,331,267
6 Blackstone Inc. 0.36% of their portfolio NEW YORK, NY 8,645,0008.6m $85.4m $85.4m 0.36% Unchanged
7 PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio DES MOINES, IA 8,227,0518.2m $81.3m $81.3m 0.06% Added +97.2k +97,221
8 RUSH ISLAND MANAGEMENT, LP 7.76% of their portfolio NEW YORK, NY 6,410,4676.4m $63.3m $63.3m 7.76% Added +1.9m +1,864,656
9 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.80% of their portfolio RADNOR, PA 4,616,2064.6m $45.6m $45.6m 0.80% Added +60.3k +60,321
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 4,519,6984.5m $44.7m $44.7m 0.01% Added +174.1k +174,083
11 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,495,4984.5m $44.4m $44.4m 0.01% Added +100.5k +100,461
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,865,4493.9m $38.2m $38.2m 0.00% Added +1.0m +1,012,987
13 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 3,819,2263.8m $37.7m $37.7m 0.01% Reduced -21.6k -21,598
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 3,752,8603.8m $37.1m $37.1m 0.01% Added +38.8k +38,772
15 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 3,607,4813.6m $35.6m $35.6m 0.02% Reduced -205.2k -205,160
16 Legal & General Group Plc 0.01% of their portfolio London, X0 3,314,3083.3m $32.7m $32.7m 0.01% Added +138.9k +138,893
17 Balyasny Asset Management L.P. 0.11% of their portfolio Chicago, IL 3,248,9753.2m $32.1m $32.1m 0.11% Reduced -1.0m -1,048,166
18 WESTWOOD HOLDINGS GROUP INC 0.27% of their portfolio DALLAS, TX 3,041,0163.0m $30.0m $30.0m 0.27% Added +263.3k +263,309
19 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,010,4133.0m $29.7m $29.7m 0.01% Added +2.8k +2,792
20 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 2,970,5333.0m $29.3m $29.3m 0.02% Added +200.7k +200,716
21 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,686,8762.7m $26.5m $26.5m 0.01% Added +104.5k +104,542
22 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio CHICAGO, IL 2,586,2692.6m $25.6m $25.6m 0.09% Added +4.2k +4,247
23 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 2,172,5892.2m $21.5m $21.5m 0.04% Reduced -32.1k -32,134
24 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 2,169,6312.2m $21.5m $21.5m 0.01% Reduced -81.8k -81,841
25 Waterfront Capital Partners, LLC 1.57% of their portfolio NEW YORK, NY 2,097,8932.1m $20.7m $20.7m 1.57% New
26 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,832,4981.8m $18.1m $18.1m 0.00% Reduced -231.8k -231,772
27 AltraVue Capital, LLC 1.84% of their portfolio BELLEVUE, WA 1,551,3171.6m $15.3m $15.3m 1.84% Unchanged
28 KENNEDY CAPITAL MANAGEMENT LLC 0.45% of their portfolio ST LOUIS, MO 1,538,0491.5m $15.2m $15.2m 0.45% Reduced -47.7k -47,659
29 FRONTIER CAPITAL MANAGEMENT CO LLC 0.15% of their portfolio Boston, MA 1,497,9101.5m $14.8m $14.8m 0.15% Reduced -616.5k -616,503
30 HEARTLAND ADVISORS INC 0.82% of their portfolio MILWAUKEE, WI 1,337,7001.3m $13.2m $13.2m 0.82% Added +357.3k +357,300
31 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 1,274,5751.3m $12.6m $12.6m 0.01% Added +81.7k +81,690
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,227,2281.2m $12.1m $12.1m 0.00% Reduced -410.9k -410,933
33 JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio FLORHAM PARK, NJ 1,216,5981.2m $12.0m $12.0m 0.07% Reduced -318.3k -318,320
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,201,5621.2m $11.9m $11.9m 0.00% Added +244.6k +244,572
35 Tributary Capital Management, LLC 1.10% of their portfolio OMAHA, NE 1,200,3591.2m $11.9m $11.9m 1.10% Added +52.9k +52,937
36 H/2 CREDIT MANAGER LP 4.18% of their portfolio STAMFORD, CT 1,188,2101.2m $11.7m $11.7m 4.18% Unchanged
37 Brandywine Global Investment Management, LLC 0.05% of their portfolio PHILADELPHIA, PA 1,178,4021.2m $11.6m $11.6m 0.05% Added +605.9k +605,861
38 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 1,136,6641.1m $11.2m $11.2m 0.04% New
39 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.20% of their portfolio AMSTERDAM, P7 1,060,9751.1m $10.5m $10.5m 0.20% Reduced -16.4k -16,400
40 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,036,0531.0m $10.2m $10.2m 0.00% Added +52.0k +51,992
41 PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio MINNEAPOLIS, MN 992,451992.5k $9.8m $9.8m 0.28% Reduced -47.2k -47,170
42 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 916,915916.9k $9.1m $9.1m 0.00% Reduced -79.0k -78,952
43 Long Pond Capital, LP 0.48% of their portfolio New York, NY 900,192900.2k $8.9m $8.9m 0.48% Reduced -39.9k -39,867
44 Davis Selected Advisers 0.05% of their portfolio Tucson, AZ 816,580816.6k $8.1m $8.1m 0.05% Unchanged
45 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 766,623766.6k $7.6m $7.6m 0.01% Added +37.4k +37,432
46 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 605,557605.6k $6.0m $6.0m 0.02% Added +31.1k +31,061
47 WESTPAC BANKING CORP 0.07% of their portfolio SYDNEY, C3 559,179559.2k $5.5m $5.5m 0.07% Added +219.3k +219,263
48 Cinctive Capital Management LP 0.18% of their portfolio New York, NY 502,514502.5k $5.0m $5.0m 0.18% New
49 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 484,674484.7k $4.8m $4.8m 0.00% Added +8.1k +8,078
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 479,506479.5k $1.2m $1.2m 0.00% Added +368.3k +368,300
51 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 473,245473.2k $4.7m $4.7m 0.02% Reduced -90.6k -90,568
52 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 461,976462.0k $4.6m $4.6m 0.01% Added +252.3k +252,305
53 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 460,002460.0k $4.5m $4.5m 0.01% Added +6.3k +6,320
54 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 457,820457.8k $4.5m $4.5m 0.01% Added +137.0k +136,977
55 Swiss National Bank 0.00% of their portfolio ZURICH, V8 454,149454.1k $4.5m $4.5m 0.00% Reduced -58.5k -58,500
56 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 439,294439.3k $4.3m $4.3m 0.01% Added +110.6k +110,617
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 409,595409.6k $4.0m $4.0m 0.00% Reduced -14.7k -14,707
58 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 392,757392.8k $3.9m $3.9m 0.01% Added +60.7k +60,732
59 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 390,866390.9k $3.9m $3.9m 0.01% Reduced -41.6k -41,608
60 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 370,045370.0k $3.7m $3.7m 0.03% Reduced -12.7k -12,732
61 Ziegler Capital Management, LLC 0.14% of their portfolio CHICAGO, IL 366,160366.2k $3.6m $3.6m 0.14% Reduced -264.2k -264,206
62 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 359,284359.3k $3.5m $3.5m 0.05% Added +93.3k +93,336
63 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 348,653348.7k $3.4m $3.4m 0.02% Reduced -51.3k -51,294
64 Index Fund Advisors, Inc. 0.23% of their portfolio IRVINE, CA 340,489340.5k $3.4m $3.4m 0.23% Added +1.7k +1,675
65 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 321,557321.6k $3.2m $3.2m 0.00% Reduced -52.1k -52,147
66 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 296,112296.1k $2.9m $2.9m 0.01% Reduced -1.2k -1,200
67 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 282,357282.4k $2.8m $2.8m 0.01% Added +34.0k +34,039
68 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 277,281277.3k $2.7m $2.7m 0.00% Reduced -57.3k -57,267
69 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 274,204274.2k $2.7m $2.7m 0.01% Reduced -2.2k -2,248
70 Ergoteles LLC 0.11% of their portfolio NEW YORK, NY 271,936271.9k $2.7m $2.7m 0.11% New
71 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 263,771263.8k $2.6m $2.6m 0.00% Reduced -5.7k -5,665
72 South Dakota Investment Council 0.05% of their portfolio SIOUX FALLS, SD 255,956256.0k $2.5m $2.5m 0.05% Unchanged
73 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 253,938253.9k $2.5m $2.5m 0.03% Added +782 +782
74 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 239,012239.0k $2.4m $2.4m 0.00% Added +23.6k +23,573
75 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 235,404235.4k $2.3m $2.3m 0.00% Added +112 +112
76 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 231,090231.1k $2.3m $2.3m 0.01% Added +2.4k +2,400
77 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 222,777222.8k $2.2m $2.2m 0.02% Reduced -2.4k -2,398
78 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 218,510218.5k $2.2m $2.2m 0.01% Reduced -43.0k -43,000
79 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 206,047206.0k $2.0m $2.0m 0.01% Reduced -18.8k -18,800
80 Lighthouse Investment Partners, LLC 0.17% of their portfolio Palm Beach Gardens, FL 200,000200.0k $2.0m $2.0m 0.17% New
81 HANTZ FINANCIAL SERVICES, INC. 0.05% of their portfolio SOUTHFIELD, MI 196,598196.6k $1.9m $1.9m 0.05% Added +12.2k +12,219
82 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 192,719192.7k $1.9m $1.9m 0.00% Reduced -2.4m -2,407,881
83 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 188,146188.1k $1.9m $1.9m 0.00% Reduced -7.9k -7,942
84 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 181,678181.7k $1.8m $1.8m 0.00% Reduced -37.8k -37,824
85 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 181,204181.2k $1.8m $1.8m 0.02% Added +39.8k +39,755
86 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 168,774168.8k $1.7m $1.7m 0.00% Added +67.0k +67,021
87 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 166,104166.1k $1.6m $1.6m 0.00% Added +164.2k +164,208
88 Employees Retirement System of Texas 0.02% of their portfolio AUSTIN, TX 150,000150.0k $1.5m $1.5m 0.02% New
89 Amundi 0.00% of their portfolio Paris, I0 149,240149.2k $1.4m $1.4m 0.00% Added +10.1k +10,051
90 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 130,383130.4k $1.3m $1.3m 0.00% Reduced -37.9k -37,926
91 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 127,965128.0k $1.3m $1.3m 0.01% Reduced -23.7k -23,693
92 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 117,100117.1k $1.2m $1.2m 0.00% Reduced -404.4k -404,400
93 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 116,822116.8k $1.2m $1.2m 0.00% Added +8.0k +7,997
94 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 115,714115.7k $1.1m $1.1m 0.01% Added +528 +528
95 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 115,202115.2k $1.1m $1.1m 0.00% Reduced -136.6k -136,620
96 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 110,170110.2k $1.1m $1.1m 0.01% Added +1.5k +1,461
97 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 108,138108.1k $1.1m $1.1m 0.00% Reduced -28.3k -28,274
98 Heitman Real Estate Securities LLC 0.05% of their portfolio Chicago, IL 105,802105.8k $1.0m $1.0m 0.05% Unchanged
99 BAMCO INC /NY/ 0.00% of their portfolio NEW YORK, NY 105,049105.0k $1.0m $1.0m 0.00% New
100 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 100,124100.1k $989.2k $989.2k 0.00% Added +2.2k +2,151