Hilton Grand Vacations
205 hedge funds and large institutions have $2.58B invested in Hilton Grand Vacations in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 57 increasing their positions, 80 reducing their positions, and 60 closing their positions.
550% more call options, than puts
Call options by funds: $36.9M | Put options by funds: $5.67M
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
0.23% more ownership
Funds ownership: 100.55% → 100.78% (+0.23%)
11% less funds holding
Funds holding: 230 → 205 (-25)
20% less capital invested
Capital invested by funds: $3.23B → $2.58B (-$647M)
29% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 80
40% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
+$90.2M |
| 2 |
LPC
Long Pond Capital
New York
|
+$84M |
| 3 |
SM
Senvest Management
New York
|
+$45.4M |
| 4 |
GC
Greenlight Capital
New York
|
+$32.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$47.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$25M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$24.7M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$23.7M |
HGV Hedge Fund Activity: Q4 2018 in Review
205 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q4 2018, worth a combined $2.58B — down 20% from $3.23B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of HGV and 36 opened new positions — a net loss of 24 holders — while 80 trimmed existing stakes and 57 added.
The largest buyer was P2 Capital Partners, opening a new position worth an estimated $90.2M. The largest seller was Marshall Wace, exiting entirely with an estimated $47.4M sold.
- 205 institutional investors held Hilton Grand Vacations (HGV) as of Q4 2018, down from 230 in Q3 2018.
- Funds reported $2.58B of Hilton Grand Vacations stock for Q4 2018, down 20% quarter-over-quarter.
- 36 funds opened new Hilton Grand Vacations positions in Q4 2018 and 60 closed out, a net change of -24 holders.
- The largest Hilton Grand Vacations buyer in Q4 2018 was P2 Capital Partners, an estimated $90.2M added.
- The largest Hilton Grand Vacations seller in Q4 2018 was Marshall Wace, an estimated $47.4M sold.
Based on aggregated 13F filings for Q4 2018.