Edgestream Partners Cuts Stake in Choice Hotels International by 90%

Edgestream Partners L.P. reduced its holding in Choice Hotels International Inc. (NYSE: CHH) by 90.2% in the first quarter, selling 31,410 shares. After the sale, the fund owned 3,395 shares valued at about $351,000, according to its latest SEC 13F filing.

The filing also noted activity by other institutional investors: Fenimore Asset Management increased its position by 8.7%, Northwestern Mutual Wealth Management added 9,295.9%, Heartland Advisors and M&T Bank each acquired new stakes, and Erste Asset Management raised its holding by 28.2% in the fourth quarter.