Marriott International
443 hedge funds and large institutions have $8.28B invested in Marriott International in 2013 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 131 increasing their positions, 162 reducing their positions, and 39 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
56% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 39
31% more call options, than puts
Call options by funds: $71.8M | Put options by funds: $54.7M
21% more capital invested
Capital invested by funds: $6.85B → $8.28B (+$1.43B)
5% more funds holding
Funds holding: 421 → 443 (+22)
1.59% more ownership
Funds ownership: 53.85% → 55.44% (+1.6%)
19% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 162
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$157M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$142M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$131M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$68.3M |
| 5 |
Goldman Sachs
New York
|
+$64.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$118M |
| 2 |
TCM
Tiger Consumer Management
New York
|
-$84.3M |
| 3 |
Two Sigma Investments
New York
|
-$42.4M |
| 4 |
JP Morgan Chase
New York
|
-$38.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$38.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NHFG
476
New Harbor Financial Group
Worcester,
Massachusetts
| – | -$7K | -167 | Closed |
|
|
LNB
477
Ledyard National Bank
| – | -$5K | -120 | Closed |
|
|
PI
478
PineBridge Investments
New York
| – | -$4K | -103 | Closed |
|
|
M
479
MOTCO
San Antonio,
Texas
| – | -$1K | -22 | Closed |
|
|
PIA
480
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$588 | -14 | Closed |
|
481
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$163K | +3,586 | New |
|
|
CAG
482
Crestwood Advisors Group
Boston,
Massachusetts
| – | +$1.61M | +35,400 | New |
|
MAR Hedge Fund Activity: Q4 2013 in Review
443 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Marriott International (MAR) for Q4 2013, worth a combined $8.28B — up 21% from $6.85B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MAR positions and 39 closed out — a net gain of 22 holders — while 131 added to existing stakes and 162 trimmed.
The largest buyer was Invesco, adding an estimated $157M. The largest seller was SAC Capital Advisors, cutting an estimated $118M.
- 443 institutional investors held Marriott International (MAR) as of Q4 2013, up from 421 in Q3 2013.
- Funds reported $8.28B of Marriott International stock for Q4 2013, up 21% quarter-over-quarter.
- 61 funds opened new Marriott International positions in Q4 2013 and 39 closed out, a net change of +22 holders.
- The largest Marriott International buyer in Q4 2013 was Invesco, an estimated $157M added.
- The largest Marriott International seller in Q4 2013 was SAC Capital Advisors, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2013.