Sunstone Hotel InvestorsSHO
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 243 institutions reported holding Sunstone Hotel Investors Inc. (SHO) in their 13F filings, up 9 from Q3 2024. 27 opened new positions and 26 sold out. The largest holders were BlackRock, Inc. ($451.5M), Vanguard Group Inc. ($370.3M) and State Street Corp. ($143.4M). 5 famous investors held it, including Ken Griffin (0.1% of Citadel Advisors's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Ken Fisher (0.0% of Fisher Asset Management's portfolio).
- Company
- Sunstone Hotel Investors Inc.
- CUSIP
- 867892101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 27 | $95.3M |
| Exits | 26 | $150.8M |
All 13F filers, Q3 2024 → Q4 2024: 29,852,169 shares bought and 24,682,495 shares sold, net +5,169,674 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 243 holders
| BlackRock, Inc. | 0.01% | Add +2.4% | 38,135,323 | $451.5M |
| Vanguard Group Inc. | 0.01% | Reduce -1.4% | 31,274,537 | $370.3M |
| State Street Corp. | 0.01% | Add +1.9% | 12,018,631 | $143.4M |
| Blackstone Inc. | 0.49% | No change | 8,645,000 | $102.4M |
| Principal Financial Group Inc. | 0.05% | Add +645.6% | 8,355,572 | $98.9M |
| Citadel Advisors | 0.08% | Add +676.8% | 6,972,612 | $82.6M |
| Bank of America Corp. | 0.01% | Add +23.0% | 6,567,535 | $77.8M |
| Geode Capital Management, LLC | 0.00% | Reduce -1.4% | 5,172,298 | $61.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -1.1% | 4,721,843 | $55.9M |
| CBRE Investment Management Listed Real Assets LLC | 0.99% | Add +22.2% | 4,686,489 | $55.5M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +1.8% | 4,156,930 | $49.2M |
| Northern Trust Corp. | 0.01% | Add +20.5% | 3,159,408 | $37.4M |
| Legal & General Group Plc | 0.01% | Reduce -3.1% | 3,139,126 | $37.2M |
| Manufacturers Life Insurance Company, The | 0.03% | Add +8.7% | 2,853,280 | $33.8M |
| H/2 Credit Manager LP | 8.44% | Add +27.4% | 2,788,210 | $33.0M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -6.8% | 2,578,248 | $30.5M |
| Westwood Holdings Group Inc. | 0.23% | Reduce -17.6% | 2,451,354 | $29.0M |
| William Blair Investment Management, LLC | 0.07% | Add +2.5% | 2,387,239 | $28.3M |
| Morgan Stanley | 0.00% | Add +16.1% | 2,243,670 | $26.6M |
| Millennium Management | 0.02% | Add +28.9% | 2,091,809 | $24.8M |
| GRS Advisors, LLC | 2.27% | New | 1,940,880 | $23.0M |
| Allianz Asset Management GmbH | 0.03% | Reduce -0.3% | 1,775,607 | $21.0M |
| Invesco Ltd. | 0.00% | Reduce -5.4% | 1,762,872 | $20.9M |
| Adage Capital Partners Gp, L.L.C. | 0.04% | Reduce -14.6% | 1,750,000 | $20.7M |
| Bank of New York Mellon Corp | 0.00% | Reduce -30.8% | 1,702,764 | $20.2M |
| Fisher Asset Management | 0.01% | Reduce -8.1% | 1,656,635 | $19.6M |
| Nuveen Asset Management, LLC | 0.01% | Reduce -0.3% | 1,647,983 | $19.5M |
| AltraVue Capital, LLC | 1.50% | No change | 1,525,227 | $18.1M |
| Macquarie Group Ltd. | 0.02% | Reduce -16.2% | 1,505,173 | $17.8M |
| Hazelview Securities Inc. | 3.21% | — | 1,456,622 | $17.6M |
| Woodline Partners LP | 0.12% | New | 1,461,867 | $17.3M |
| Tributary Capital Management, LLC | 1.22% | Reduce -0.1% | 1,326,307 | $15.7M |
| Centersquare Investment Management LLC | 0.17% | New | 1,322,042 | $15.7M |
| ExodusPoint Capital Management, LP | 0.15% | Add +9.4% | 1,242,045 | $14.7M |
| Jacobs Levy Equity Management, Inc. | 0.05% | Add +24.3% | 1,229,179 | $14.6M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -45.0% | 1,198,261 | $14.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -15.7% | 1,192,725 | $14.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -2.3% | 1,067,718 | $12.6M |
| UBS Group AG | 0.00% | Add +126.1% | 937,451 | $11.1M |
| Tarsadia Capital, LLC | 100.00% | Reduce -43.1% | 850,000 | $10.1M |
| Amundi | 0.00% | Add +27.6% | 819,516 | $9.9M |
| Davis Selected Advisers | 0.06% | Reduce -0.7% | 802,620 | $9.5M |
| Norges Bank | 0.00% | Reduce -4.3% | 731,293 | $8.7M |
| Panagora Asset Management Inc. | 0.04% | Reduce -44.3% | 670,390 | $7.9M |
| APG Asset Management US Inc. | 0.06% | New | 662,011 | $7.8M |
| Makena Capital Management LLC | 1.25% | New | 653,260 | $7.7M |
| Rhumbline Advisers | 0.01% | Reduce -0.2% | 648,012 | $7.7M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.02% | Add +501.6% | 645,500 | $7.6M |
| Public Employees Retirement System of Ohio | 0.03% | Add +3.1% | 628,941 | $7.4M |
| Asset Management One Co., Ltd. | 0.02% | Reduce -2.2% | 508,932 | $6.1M |
| Public Sector Pension Investment Board | 0.03% | Add +16.0% | 500,551 | $5.9M |
| Alyeska Investment Group, L.P. | 0.02% | New | 500,000 | $5.9M |
| Barclays PLC | 0.00% | Add +36.6% | 468,420 | $5.5M |
| First Trust Advisors LP | 0.00% | Add +167.4% | 449,678 | $5.3M |
| CANADA LIFE ASSURANCE Co | 0.01% | Reduce -12.0% | 430,630 | $5.1M |
| Franklin Resources Inc. | 0.00% | Reduce -73.3% | 409,283 | $4.8M |
| Swiss National Bank | 0.00% | Add +0.6% | 379,949 | $4.5M |
| Vident Advisory, LLC | 0.07% | Reduce -8.5% | 361,104 | $4.3M |
| New York State Common Retirement Fund | 0.01% | Add +1.3% | 345,449 | $4.1M |
| Marshall Wace, LLP | 0.01% | New | 339,528 | $4.0M |
| Citigroup Inc. | 0.00% | Add +6.3% | 336,686 | $4.0M |
| Boothbay Fund Management, LLC | 0.13% | New | 336,605 | $4.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | Reduce -21.8% | 331,698 | $3.9M |
| Wells Fargo & Company | 0.00% | Add +51.0% | 318,223 | $3.8M |
| NFJ Investment Group, LLC | 0.12% | Reduce -1.2% | 308,262 | $3.6M |
| Legato Capital Management LLC | 0.48% | No change | 307,871 | $3.6M |
| Qube Research & Technologies Ltd | 0.01% | Reduce -43.3% | 293,065 | $3.5M |
| New York State Teachers Retirement System | 0.01% | Reduce -4.0% | 282,509 | $3.3M |
| Alliancebernstein L.P. | 0.00% | Reduce -13.9% | 273,583 | $3.2M |
| Nomura Asset Management Co. Ltd. | 0.01% | Add +6.8% | 271,125 | $3.2M |
| State Board of Administration of Florida Retirement System | 0.01% | Add +4.6% | 270,573 | $3.2M |
| Deutsche Bank AG | 0.00% | Add +26.0% | 260,224 | $3.1M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -9.8% | 248,084 | $2.9M |
| STRS Ohio | 0.01% | Reduce -62.6% | 238,200 | $2.8M |
| Index Fund Advisors, Inc. | 0.14% | Reduce -35.0% | 225,157 | $2.7M |
| State of Alaska, Department of Revenue | 0.03% | Reduce -0.4% | 211,563 | $2.5M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +8.8% | 208,664 | $2.5M |
| Two Sigma Advisers, LP | 0.01% | Reduce -6.4% | 194,847 | $2.3M |
| HSBC Holdings PLC | 0.00% | Add +4.6% | 193,425 | $2.3M |
| Sei Investments Co. | 0.00% | Reduce -11.5% | 189,039 | $2.2M |
| Waterfront Capital Partners, LLC | 0.41% | New | 187,440 | $2.2M |
| Paralel Advisors LLC | 0.09% | No change | 186,325 | $2.2M |
| Holocene Advisors, LP | 0.01% | Add +264.2% | 183,330 | $2.2M |
| California State Teachers Retirement System | 0.00% | Reduce -1.2% | 181,514 | $2.1M |
| Schonfeld Strategic Advisors LLC | 0.01% | New | 176,342 | $2.1M |
| Prudential Financial Inc. | 0.00% | Reduce -4.5% | 204,680 | $2.1M |
| State of Wisconsin Investment Board | 0.01% | Add +55.8% | 167,054 | $2.0M |
| Thrivent Financial for Lutherans | 0.00% | Reduce -2.8% | 155,286 | $1.8M |
| Jane Street Group, LLC | 0.00% | Reduce -56.9% | 154,966 | $1.8M |
| Verition Fund Management LLC | 0.01% | Add +8.9% | 153,930 | $1.8M |
| DigitalBridge Group, Inc. | 0.13% | Reduce -39.6% | 146,300 | $1.7M |
| Carrera Capital Advisors | 0.39% | New | 140,842 | $1.7M |
| Teacher Retirement System of Texas | 0.01% | Add +134.8% | 133,649 | $1.6M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 133,259 | $1.6M |
| Nicola Wealth Management LTD. | 0.15% | New | 91,924 | $1.6M |
| MetLife Investment Management, LLC | 0.01% | Add +10.1% | 128,717 | $1.5M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +48.9% | 128,298 | $1.5M |
| T. Rowe Price Associates Inc. | 0.00% | Add +11.7% | 127,765 | $1.5M |
| Squarepoint Ops LLC | 0.00% | Add +200.2% | 127,195 | $1.5M |
| Susquehanna International Group, LLP | 0.00% | Add +285.3% | 118,373 | $1.4M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +4.0% | 115,751 | $1.4M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Add +37.2% | 108,666 | $1.3M |
| Corebridge Financial, Inc. | 0.01% | Reduce -7.3% | 108,213 | $1.3M |
| Raymond James Financial Inc. | 0.00% | — | 104,635 | $1.2M |
| Russell Investments Group, Ltd. | 0.00% | Add +12.3% | 100,360 | $1.2M |
| Louisiana State Employees Retirement System | 0.02% | Reduce -1.2% | 97,100 | $1.1M |
| Illinois Municipal Retirement Fund | 0.02% | Reduce -14.8% | 95,092 | $1.1M |
| Janus Henderson Group PLC | 0.00% | No change | 93,188 | $1.1M |
| State of Tennessee, Department of Treasury | 0.00% | Reduce -6.2% | 91,385 | $1.1M |
| Ensign Peak Advisors, Inc | 0.00% | No change | 85,268 | $1.0M |
| American Century Companies Inc. | 0.00% | Reduce -73.7% | 84,658 | $1.0M |
| Natixis Advisors, LLC | 0.00% | Add +19.0% | 84,116 | $996K |
| AQR Capital Management | 0.00% | Add +157.9% | 82,557 | $977K |
| Resona Asset Management Co.,Ltd. | 0.01% | Add +0.1% | 79,518 | $952K |
| Intech Investment Management LLC | 0.01% | Add +35.5% | 75,229 | $891K |
| Aberdeen Group plc | 0.00% | Add +63.0% | 71,833 | $850K |
| Teachers Retirement System of the State of Kentucky | 0.01% | No change | 68,840 | $815K |
| Maryland State Retirement & Pension System | 0.02% | Reduce -1.5% | 67,656 | $801K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -1.2% | 67,026 | $794K |
| Gsa Capital Partners LLP | 0.05% | Reduce -14.9% | 62,016 | $734K |
| Pictet Asset Management Holding SA | 0.00% | No change | 61,630 | $730K |
| Royal Bank of Canada | 0.00% | Reduce -12.1% | 61,358 | $727K |
| ProShare Advisors LLC | 0.00% | Add +44.3% | 61,250 | $725K |
| Voya Investment Management LLC | 0.00% | Reduce -7.6% | 60,565 | $717K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -4.8% | 59,520 | $711K |
| Amalgamated Bank | 0.01% | Reduce -1.6% | 58,951 | $698K |
| Groupe la Francaise | 0.02% | — | 57,449 | $684K |
| UniSuper Management Pty Ltd | 0.00% | No change | 56,800 | $673K |
| Arizona State Retirement System | 0.00% | Add +0.6% | 56,063 | $664K |
| Yousif Capital Management, LLC | 0.01% | Reduce -3.4% | 55,349 | $655K |
| Tidal Investments LLC | 0.01% | Reduce -13.9% | 55,204 | $654K |
| Point72 Asset Management | 0.00% | New | 50,062 | $593K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 49,529 | $586K |
| Oregon Public Employees Retirement Fund | 0.01% | Reduce -1.3% | 47,285 | $560K |
| IFM Investors Pty Ltd | 0.01% | No change | 46,922 | $556K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | — | 41,608 | $493K |
| Diversified Trust Co. | 0.01% | Add +13.7% | 40,697 | $482K |
| KLP Kapitalforvaltning As | 0.00% | — | 39,900 | $475K |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 0.00% | No change | 39,745 | $471K |
| Van Eck Associates Corp. | 0.00% | Add +10.2% | 38,526 | $456K |
| Victory Capital Management Inc. | 0.00% | Reduce -4.9% | 37,239 | $441K |
| US Bancorp \de | 0.00% | Add +2.3% | 35,803 | $424K |
| Heitman Real Estate Securities LLC | 0.03% | Reduce -97.1% | 35,512 | $420K |
| First National Bank of Omaha | 0.03% | Reduce -9.0% | 35,477 | $420K |
| Nissay Asset Management Corp. /Japan | 0.00% | Add +3.9% | 33,889 | $406K |
| Pitcairn Co. | 0.02% | Add +9.2% | 31,473 | $373K |
| Mutual of America Capital Management LLC | 0.00% | Reduce -0.5% | 30,433 | $360K |
| LPL Financial LLC | 0.00% | Add +19.5% | 28,329 | $335K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 27,279 | $323K |
| BNP Paribas Financial Markets | 0.00% | Reduce -60.0% | 25,921 | $307K |
| SG Americas Securities, LLC | 0.00% | Reduce -37.4% | 25,849 | $306K |
| Weiss Asset Management LP | 0.01% | New | 24,211 | $287K |
| Metis Global Partners, LLC | 0.01% | Add +11.4% | 23,323 | $276K |
| Entropy Technologies, LP | 0.03% | New | 23,300 | $276K |
| Bank of Montreal | 0.00% | Reduce -82.8% | 23,049 | $273K |
| Wolverine Asset Management LLC | 0.02% | Reduce -86.8% | 21,728 | $257K |
| Avantax Advisory Services, Inc. | 0.00% | New | 21,449 | $254K |
| Ameritas Investment Partners, Inc. | 0.01% | No change | 20,512 | $243K |
| Prelude Capital Management, LLC | 0.02% | Reduce -38.8% | 20,200 | $239K |
| Janney Montgomery Scott LLC | 0.00% | Add +0.3% | 19,235 | $228K |
| Cibc World Markets Corp. | 0.00% | New | 19,036 | $225K |
| Assetmark, Inc. | 0.00% | Reduce -68.3% | 18,714 | $222K |
| Greenland Capital Management LP | 0.04% | New | 18,500 | $219K |
| M&T Bank Corp | 0.00% | Reduce -4.3% | 17,989 | $213K |
| Trust Point Inc. | 0.01% | Reduce -66.8% | 17,931 | $212K |
| Evergreen Capital Management LLC | 0.01% | Reduce -5.4% | 17,172 | $205K |
| FMR LLC | 0.00% | Add +155.4% | 16,934 | $200K |
| Inceptionr LLC | 0.04% | Add +53.1% | 16,529 | $196K |
| Praxis Investment Management Inc. | 0.01% | Reduce -34.5% | 16,190 | $192K |
| Mercer Global Advisors Inc. | 0.00% | New | 16,063 | $190K |
| Mariner, LLC | 0.00% | Add +2.0% | 15,877 | $188K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Reduce -35.2% | 15,517 | $184K |
| Ethic Inc. | 0.00% | Add +0.5% | 15,450 | $183K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +2.6% | 15,104 | $179K |
| Vanderbilt University | 0.03% | Add +9.4% | 14,808 | $175K |
| Xponance LLC | 0.00% | Add +10.9% | 14,709 | $174K |
| Heritage Family Offices, LLP | 0.09% | Add +7.2% | 14,409 | $171K |
| Penserra Capital Management LLC | 0.00% | Add +7.0% | 14,358 | $169K |
| Dynamic Technology Lab Private Ltd | 0.03% | New | 14,158 | $167K |
| Mackenzie Financial Corp. | 0.00% | Reduce -0.1% | 14,011 | $166K |
| Caldwell Sutter Capital, Inc. | 0.08% | No change | 14,000 | $166K |
| Spirit of America Management Corp. | 0.03% | No change | 13,700 | $162K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 13,679 | $162K |
| Jain Global LLC | 0.00% | — | 13,400 | $159K |
| Guggenheim Capital LLC | 0.00% | Reduce -74.5% | 13,185 | $156K |
| Longboard Asset Management, LP | 0.37% | — | 11,904 | $141K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +2.7% | 11,814 | $140K |
| FIL Ltd | 0.00% | Add +140.2% | 11,365 | $135K |
| Profund Advisors LLC | 0.00% | Reduce -1.5% | 10,683 | $126K |
| Allstate Corp. | 0.00% | Reduce -87.2% | 10,552 | $125K |
| PNC Financial Services Group, Inc. | 0.00% | Add +1.1% | 10,313 | $122K |
| KBC Group NV | 0.00% | Add +55.4% | 9,118 | $108K |
| Blue Trust, Inc. | 0.00% | Reduce -70.4% | 6,449 | $76K |
| Sterling Capital Management LLC | 0.00% | Add +805.2% | 6,409 | $76K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -28.2% | 5,391 | $65K |
| 1620 Investment Advisors, Inc. | 0.05% | Add +5.8% | 5,312 | $63K |
| GF Fund Management Co. LTD. | 0.00% | — | 3,510 | $42K |
| GAMMA Investing LLC | 0.00% | Add +114.1% | 3,271 | $39K |
| Smartleaf Asset Management LLC | 0.00% | Add +442.7% | 3,001 | $36K |
| Quadrant Capital Group LLC | 0.00% | Reduce -45.0% | 2,893 | $34K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.01% | New | 2,754 | $33K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -92.3% | 2,426 | $29K |
| Osaic Holdings, Inc. | 0.00% | Add +3.3% | 2,229 | $26K |
| Cwm, LLC | 0.00% | Add +28.6% | 1,832 | $22K |
| Caitong International Asset Management Co., Ltd | 0.02% | — | 1,552 | $18K |
| Lazard Asset Management LLC | 0.00% | Add +5.0% | 1,354 | $16K |
| UMB Bank, n.a. | 0.00% | Reduce -1.5% | 1,262 | $15K |
| Principal Securities, Inc. | 0.00% | Add +254.2% | 1,137 | $13K |
| Point72 Hong Kong Ltd | 0.00% | New | 1,100 | $13K |
| Rise Advisors, LLC | 0.01% | Add +0.9% | 1,018 | $12K |
| Barrow Hanley Mewhinney & Strauss LLC | 0.00% | No change | 962 | $11K |
| Fifth Third Bancorp | 0.00% | Add +7.0% | 918 | $11K |
| Versant Capital Management, Inc | 0.00% | Add +471.3% | 777 | $9K |
| MCF Advisors LLC | 0.00% | No change | 694 | $8K |
| Bessemer Group Inc. | 0.00% | Add +23.0% | 530 | $6K |
| Private Trust Co. NA | 0.00% | No change | 495 | $6K |
| Harbor Capital Advisors, Inc. | 0.00% | Reduce -93.3% | 383 | $5K |
| Lindbrook Capital, LLC | 0.00% | Add +51.4% | 324 | $4K |
| Avior Wealth Management, LLC | 0.00% | New | 305 | $4K |
| Optiver Holding B.V. | 0.00% | Reduce -87.9% | 260 | $3K |
| Hantz Financial Services, Inc. | 0.00% | Reduce -99.0% | 270 | $3K |
| Allworth Financial LP | 0.00% | Add +50.0% | 237 | $3K |
| Arax Advisory Partners | 0.00% | No change | 227 | $3K |
| Global Retirement Partners, LLC | 0.00% | Reduce -28.2% | 206 | $2K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +708.3% | 194 | $2K |
| Rothschild Investment LLC | 0.00% | Reduce -12.5% | 175 | $2K |
| Quarry LP | 0.00% | Reduce -62.4% | 142 | $2K |
| Mather Group, Llc. | 0.00% | No change | 118 | $1K |
| Cassady Schiller Wealth Management, LLC | 0.00% | New | 114 | $1K |
| Parallel Advisors, LLC | 0.00% | Add +54.2% | 111 | $1K |
| Quent Capital, LLC | 0.00% | New | 105 | $1K |
| Danske Bank A/S | 0.00% | Reduce -96.7% | 100 | $1K |
| Concourse Financial Group Securities, Inc. | 0.00% | Add +8.1% | 93 | $1K |
| Covestor Ltd | 0.00% | Add +97.7% | 85 | $1K |
| Brooklyn Investment Group | 0.00% | New | 60 | $711 |
| Private Wealth Management Group, LLC | 0.00% | No change | 56 | $664 |
| Raffa Wealth Management, LLC | 0.00% | No change | 54 | $639 |
| Huntington National Bank | 0.00% | New | 47 | $556 |
| Larson Financial Group LLC | 0.00% | No change | 45 | $533 |
| Farther Finance Advisors, LLC | 0.00% | No change | 24 | $284 |
| Parkside Financial Bank & Trust | 0.00% | No change | 16 | $190 |
| Dunhill Financial, LLC | 0.00% | No change | 14 | $163 |
| IFP Advisors, Inc | 0.00% | No change | 1 | $12 |
"% of holder's portfolio" is SHO's weight in each manager's 13F, not the share of Sunstone Hotel Investors Inc. the manager owns.