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Hilton Grand Vacations

230 hedge funds and large institutions have $2.88B invested in Hilton Grand Vacations in 2019 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 67 increasing their positions, 70 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

285% more call options, than puts

Call options by funds: $27.3M | Put options by funds: $7.08M

90% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 30

38% more funds holding in top 10

Funds holding in top 10: 811 (+3)

12% more funds holding

Funds holding: 205230 (+25)

12% more capital invested

Capital invested by funds: $2.58B → $2.88B (+$305M)

0.21% less ownership

Funds ownership: 100.78%100.58% (-0.21%)

4% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 70

Holders
230
Holders Change
+25
Holders Change %
+12.2%
% of All Funds
4.98%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.24%
New
57
Increased
67
Reduced
70
Closed
30
Calls
$27.3M
Puts
$7.08M
Net Calls
+$20.2M
Net Calls Change
-$11M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$437M +$21.9M +715,636 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$263M +$3.63M +118,567 +1%
LPC
3
Long Pond Capital
New York
$181M +$15.8M +515,057 +10%
AllianceBernstein
4
AllianceBernstein
Tennessee
$140M +$247K +8,070 +0.2%
BlackRock
5
BlackRock
New York
$130M +$1.06M +34,586 +0.8%
Capital Research Global Investors
6
Capital Research Global Investors
California
$118M
Principal Financial Group
7
Principal Financial Group
Iowa
$108M +$3.8M +124,140 +4%
PCP
8
P2 Capital Partners
New York
$102M +$6.54M +213,505 +7%
William Blair Investment Management
9
William Blair Investment Management
Illinois
$99.9M -$10.4M -337,935 -9%
SM
10
Senvest Management
New York
$64.4M +$15.9M +520,000 +33%
TCM
11
TimesSquare Capital Management
New York
$64.2M +$7.55M +246,580 +13%
GCM
12
Gates Capital Management
New York
$53.3M -$20.9M -680,786 -28%
HCM
13
Highfields Capital Management
Massachusetts
$43.6M -$61.3M -2,000,000 -59%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$41.9M -$2M -65,209 -5%
State Street
15
State Street
Massachusetts
$39.3M +$261K +8,525 +0.7%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$38.3M +$7.96M +259,804 +26%
WRF
17
Waddell & Reed Financial
Kansas
$38.3M -$1.76M -57,600 -4%
Capital International Investors
18
Capital International Investors
California
$37.1M
Norges Bank
19
Norges Bank
Norway
$35.2M -$3.5M -114,342 -9%
T. Rowe Price Associates
20
T. Rowe Price Associates
Maryland
$34.9M +$2.68M +87,443 +8%
GC
21
Greenlight Capital
New York
$34.6M
Wells Fargo
22
Wells Fargo
California
$33.8M -$64.3M -2,099,397 -66%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$29.1M +$1.95M +63,781 +7%
WCA
24
Waratah Capital Advisors
Ontario, Canada
$28.3M +$28.1M +918,704 New
BAMCO Inc
25
BAMCO Inc
New York
$27.3M +$4.84M +158,142 +22%

HGV Hedge Fund Activity: Q1 2019 in Review

230 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Hilton Grand Vacations (HGV) for Q1 2019, worth a combined $2.88B — up 12% from $2.58B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new HGV positions and 30 closed out — a net gain of 27 holders — while 67 added to existing stakes and 70 trimmed.

The largest buyer was Waratah Capital Advisors, opening a new position worth an estimated $28.1M. The largest seller was Wells Fargo, cutting an estimated $64.3M.

  • 230 institutional investors held Hilton Grand Vacations (HGV) as of Q1 2019, up from 205 in Q4 2018.
  • Funds reported $2.88B of Hilton Grand Vacations stock for Q1 2019, up 12% quarter-over-quarter.
  • 57 funds opened new Hilton Grand Vacations positions in Q1 2019 and 30 closed out, a net change of +27 holders.
  • The largest Hilton Grand Vacations buyer in Q1 2019 was Waratah Capital Advisors, an estimated $28.1M added.
  • The largest Hilton Grand Vacations seller in Q1 2019 was Wells Fargo, an estimated $64.3M sold.

Based on aggregated 13F filings for Q1 2019.