Hilton Grand Vacations
274 hedge funds and large institutions have $4.26B invested in Hilton Grand Vacations in 2018 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 111 increasing their positions, 53 reducing their positions, and 28 closing their positions.
129% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 28
109% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 53
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
14% more funds holding
Funds holding: 241 → 274 (+33)
5% more capital invested
Capital invested by funds: $4.06B → $4.26B (+$205M)
0.99% less ownership
Funds ownership: 97.68% → 96.69% (-0.99%)
22% less call options, than puts
Call options by funds: $4.63M | Put options by funds: $5.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$370M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$82.9M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$65.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.9M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$56.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$98.9M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$84.7M |
| 3 |
GCM
Gates Capital Management
New York
|
-$48.5M |
| 4 |
GL
Governors Lane
New York
|
-$34.6M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$20.4M |
HGV Hedge Fund Activity: Q1 2018 in Review
274 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q1 2018, worth a combined $4.26B — up 5% from $4.06B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new HGV positions and 28 closed out — a net gain of 36 holders — while 111 added to existing stakes and 53 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $370M. The largest seller was Highfields Capital Management, cutting an estimated $98.9M.
- 274 institutional investors held Hilton Grand Vacations (HGV) as of Q1 2018, up from 241 in Q4 2017.
- Funds reported $4.26B of Hilton Grand Vacations stock for Q1 2018, up 5% quarter-over-quarter.
- 64 funds opened new Hilton Grand Vacations positions in Q1 2018 and 28 closed out, a net change of +36 holders.
- The largest Hilton Grand Vacations buyer in Q1 2018 was Fidelity Investments, an estimated $370M added.
- The largest Hilton Grand Vacations seller in Q1 2018 was Highfields Capital Management, an estimated $98.9M sold.
Based on aggregated 13F filings for Q1 2018.