Hilton Grand Vacations
178 hedge funds and large institutions have $1.29B invested in Hilton Grand Vacations in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 71 closing their positions.
149% more call options, than puts
Call options by funds: $27M | Put options by funds: $10.8M
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
1.92% less ownership
Funds ownership: 97.2% → 95.28% (-1.9%)
22% less funds holding
Funds holding: 229 → 178 (-51)
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
55% less capital invested
Capital invested by funds: $2.84B → $1.29B (-$1.55B)
65% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$61.9M |
| 2 |
ZP
Zimmer Partners
New York
|
+$38.9M |
| 3 |
SM
Senvest Management
New York
|
+$23.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$11M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$8.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$27.6M |
| 2 |
Man Group
London,
United Kingdom
|
-$20.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.2M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$19M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$13.3M |
HGV Hedge Fund Activity: Q1 2020 in Review
178 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q1 2020, worth a combined $1.29B — down 55% from $2.84B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of HGV and 25 opened new positions — a net loss of 46 holders — while 65 trimmed existing stakes and 62 added.
The largest buyer was Long Pond Capital, adding an estimated $61.9M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $27.6M sold.
- 178 institutional investors held Hilton Grand Vacations (HGV) as of Q1 2020, down from 229 in Q4 2019.
- Funds reported $1.29B of Hilton Grand Vacations stock for Q1 2020, down 55% quarter-over-quarter.
- 25 funds opened new Hilton Grand Vacations positions in Q1 2020 and 71 closed out, a net change of -46 holders.
- The largest Hilton Grand Vacations buyer in Q1 2020 was Long Pond Capital, an estimated $61.9M added.
- The largest Hilton Grand Vacations seller in Q1 2020 was Davidson Kempner Capital Management, an estimated $27.6M sold.
Based on aggregated 13F filings for Q1 2020.