Causeway Capital Management opened a $0.1M position in SUMMIT HOTEL PROPERTIES INC
Sarah Ketterer of Causeway Capital Management has added a new position worth $0.1 million in SUMMIT HOTEL PROPERTIES INC, reflecting potential interest in the real estate sector.
Investment Overview
Causeway Capital Management, led by Sarah Ketterer, has recently opened a new position in SUMMIT HOTEL PROPERTIES INC. This investment is valued at $0.1 million and was filed on 2025-08-13, reflecting the portfolio status as of 2025-06-30.
Significance of the Position
The move indicates a strategic shift towards real estate investments. SUMMIT HOTEL PROPERTIES INC operates in the Real Estate sector, which has shown resilience post-pandemic. This new position is relatively small, comprising only 15,652 shares, and does not significantly impact Causeway Capital Management's overall portfolio percentage.
Analysis of Investment Strategy
Causeway Capital Management's investment in SUMMIT HOTEL PROPERTIES INC may signal confidence in the hotel sector's recovery. The company's focus on undervalued assets aligns with their long-term investment strategy, aiming to capitalize on growth opportunities within the Real Estate market.