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Hilton Grand Vacations

212 hedge funds and large institutions have $3.81B invested in Hilton Grand Vacations in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 90 increasing their positions, 54 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 54

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

8% more capital invested

Capital invested by funds: $3.54B → $3.81B (+$272M)

0.49% more ownership

Funds ownership: 99.04%99.53% (+0.49%)

2% less funds holding

Funds holding: 217212 (-5)

14% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 29

82% less call options, than puts

Call options by funds: $416K | Put options by funds: $2.26M

Holders
212
Holders Change
-5
Holders Change %
-2.3%
% of All Funds
5.29%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.25%
New
25
Increased
90
Reduced
54
Closed
29
Calls
$416K
Puts
$2.26M
Net Calls
-$1.84M
Net Calls Change
-$2.42M
Name Holding Trade Value Shares
Change
Change in
Stake
HTG
1
HNA Tourism Group
China
$956M
Vanguard Group
2
Vanguard Group
Pennsylvania
$222M +$16.6M +458,816 +9%
Capital Research Global Investors
3
Capital Research Global Investors
California
$181M
JP Morgan Chase
4
JP Morgan Chase
New York
$157M -$12.2M -336,211 -8%
HCM
5
Highline Capital Management
New York
$155M +$23.8M +657,600 +20%
Goldman Sachs
6
Goldman Sachs
New York
$118M +$11.7M +323,323 +12%
AllianceBernstein
7
AllianceBernstein
Tennessee
$110M +$21.7M +599,821 +27%
BlackRock
8
BlackRock
New York
$103M +$5.05M +139,391 +6%
GCM
9
Gates Capital Management
New York
$98M +$12.2M +337,797 +15%
Wells Fargo
10
Wells Fargo
California
$96.5M +$24.3M +672,097 +37%
HCM
11
Highfields Capital Management
Massachusetts
$94.5M
FTCM
12
Fir Tree Capital Management
New York
$90.5M +$6.34M +175,000 +8%
ZP
13
Zimmer Partners
New York
$88.3M +$82.7M +2,285,000 New
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$81.8M -$23.8M -656,677 -24%
GL
15
Governors Lane
New York
$76.8M +$9.04M +249,626 +14%
Principal Financial Group
16
Principal Financial Group
Iowa
$72.2M +$11.2M +309,690 +20%
William Blair Investment Management
17
William Blair Investment Management
Illinois
$61.2M +$57.4M +1,584,355 New
LCM
18
Laurion Capital Management
New York
$60.7M +$30.6M +845,637 +117%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$52.2M -$28.4M -783,338 -37%
RP
20
RR Partners
New York
$44.7M -$10.1M -277,784 -19%
WRF
21
Waddell & Reed Financial
Kansas
$42M +$3.08M +85,110 +8%
TCM
22
TimesSquare Capital Management
New York
$34.8M -$5.02M -138,500 -13%
BPCM
23
Beach Point Capital Management
California
$32.9M -$1.81M -50,000 -6%
State Street
24
State Street
Massachusetts
$31M +$3.62M +100,056 +14%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$30.8M +$4.74M +131,000 +20%

HGV Hedge Fund Activity: Q3 2017 in Review

212 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q3 2017, worth a combined $3.81B — up 7.7% from $3.54B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of HGV and 25 opened new positions — a net loss of 4 holders — while 54 trimmed existing stakes and 90 added.

The largest buyer was Zimmer Partners, opening a new position worth an estimated $82.7M. The largest seller was Blackstone Inc, cutting an estimated $192M.

  • 212 institutional investors held Hilton Grand Vacations (HGV) as of Q3 2017, down from 217 in Q2 2017.
  • Funds reported $3.81B of Hilton Grand Vacations stock for Q3 2017, up 7.7% quarter-over-quarter.
  • 25 funds opened new Hilton Grand Vacations positions in Q3 2017 and 29 closed out, a net change of -4 holders.
  • The largest Hilton Grand Vacations buyer in Q3 2017 was Zimmer Partners, an estimated $82.7M added.
  • The largest Hilton Grand Vacations seller in Q3 2017 was Blackstone Inc, an estimated $192M sold.

Based on aggregated 13F filings for Q3 2017.