Hilton Grand Vacations
240 hedge funds and large institutions have $4.35B invested in Hilton Grand Vacations in 2023 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 63 increasing their positions, 101 reducing their positions, and 37 closing their positions.
932% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $1.06M
27% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 37
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
3% more funds holding
Funds holding: 232 → 240 (+8)
0.4% less ownership
Funds ownership: 100.73% → 100.33% (-0.4%)
4% less capital invested
Capital invested by funds: $4.51B → $4.35B (-$159M)
38% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$57.8M |
| 2 |
NPCM
North Peak Capital Management
New York
|
+$20.6M |
| 3 |
Millennium Management
New York
|
+$19.5M |
| 4 |
6CM
683 Capital Management
New York
|
+$19M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$104M |
| 2 |
LPC
Long Pond Capital
New York
|
-$21.9M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$18.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$16M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$11.8M |
HGV Hedge Fund Activity: Q4 2023 in Review
240 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q4 2023, worth a combined $4.35B — down 3.5% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new HGV positions and 37 closed out — a net gain of 10 holders — while 63 added to existing stakes and 101 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $57.8M. The largest seller was AllianceBernstein, cutting an estimated $104M.
- 240 institutional investors held Hilton Grand Vacations (HGV) as of Q4 2023, up from 232 in Q3 2023.
- Funds reported $4.35B of Hilton Grand Vacations stock for Q4 2023, down 3.5% quarter-over-quarter.
- 47 funds opened new Hilton Grand Vacations positions in Q4 2023 and 37 closed out, a net change of +10 holders.
- The largest Hilton Grand Vacations buyer in Q4 2023 was Morgan Stanley, an estimated $57.8M added.
- The largest Hilton Grand Vacations seller in Q4 2023 was AllianceBernstein, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2023.