Hilton Grand Vacations
241 hedge funds and large institutions have $4.06B invested in Hilton Grand Vacations in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 80 increasing their positions, 62 reducing their positions, and 24 closing their positions.
121% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 24
29% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 62
14% more funds holding
Funds holding: 212 → 241 (+29)
7% more capital invested
Capital invested by funds: $3.81B → $4.06B (+$250M)
1.85% less ownership
Funds ownership: 99.53% → 97.68% (-1.8%)
44% less call options, than puts
Call options by funds: $504K | Put options by funds: $908K
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$64M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$61.9M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$36M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$23.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highline Capital Management
New York
|
-$88.4M |
| 2 |
ZP
Zimmer Partners
New York
|
-$88.3M |
| 3 |
GL
Governors Lane
New York
|
-$47.4M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$39M |
| 5 |
GCM
Gates Capital Management
New York
|
-$35.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPS
251
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$41K | -1,053 | Closed |
|
|
SSB
252
Sandy Spring Bank
Olney,
Maryland
| – | -$8K | -203 | Closed |
|
|
CG
253
Cutler Group
San Francisco,
California
| – | -$2.69K | -66 | Closed |
|
254
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -60 | Closed |
|
|
ANBT
255
American National Bank & Trust
Wichita Falls,
Texas
| – | -$2K | -39 | Closed |
|
|
OFW
256
Omnia Family Wealth
Aventura,
Florida
| – | -$447 | -11 | -69% |
|
|
SPIA
257
Steward Partners Investment Advisory
New York
| – | -$285 | -7 | -26% |
|
258
CIBC Private Wealth Group
Atlanta,
Georgia
| – | +$407 | +10 | New |
|
HGV Hedge Fund Activity: Q4 2017 in Review
241 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q4 2017, worth a combined $4.06B — up 6.6% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new HGV positions and 24 closed out — a net gain of 29 holders — while 80 added to existing stakes and 62 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $64M. The largest seller was Highline Capital Management, cutting an estimated $88.4M.
- 241 institutional investors held Hilton Grand Vacations (HGV) as of Q4 2017, up from 212 in Q3 2017.
- Funds reported $4.06B of Hilton Grand Vacations stock for Q4 2017, up 6.6% quarter-over-quarter.
- 53 funds opened new Hilton Grand Vacations positions in Q4 2017 and 24 closed out, a net change of +29 holders.
- The largest Hilton Grand Vacations buyer in Q4 2017 was Fidelity Investments, an estimated $64M added.
- The largest Hilton Grand Vacations seller in Q4 2017 was Highline Capital Management, an estimated $88.4M sold.
Based on aggregated 13F filings for Q4 2017.