Choice Hotels International Inc (CHH)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Vanguard Capital Management Llc	1,093,208	$113,147,028	0%
2.	Vanguard Portfolio Management Llc	1,069,554	$110,698,839	0.01%
3.	Btim Corp.	930,762	$96,333,867	0.79%
4.	Ubs Group Ag	894,339	$92,564,087	0.01%
5.	Dimensional Fund Advisors Lp	612,847	$63,426,052	0.01%