Marriott International
538 hedge funds and large institutions have $11B invested in Marriott International in 2015 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 172 increasing their positions, 216 reducing their positions, and 60 closing their positions.
8% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 60
2.08% less ownership
Funds ownership: 50.84% → 48.76% (-2.1%)
2% less funds holding
Funds holding: 550 → 538 (-12)
11% less capital invested
Capital invested by funds: $12.4B → $11B (-$1.38B)
20% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 216
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
47% less call options, than puts
Call options by funds: $72.1M | Put options by funds: $136M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
+$100M |
| 2 |
Jennison Associates
New York
|
+$65.5M |
| 3 |
JP Morgan Chase
New York
|
+$37.8M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$25.9M |
| 5 |
Millennium Management
New York
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$115M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$83.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$71.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$45.7M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$43.7M |
MAR Hedge Fund Activity: Q2 2015 in Review
538 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Marriott International (MAR) for Q2 2015, worth a combined $11B — down 11% from $12.4B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of MAR and 55 opened new positions — a net loss of 5 holders — while 216 trimmed existing stakes and 172 added.
The largest buyer was Ascend Capital, opening a new position worth an estimated $100M. The largest seller was TIAA CREF Investment Management, cutting an estimated $115M.
- 538 institutional investors held Marriott International (MAR) as of Q2 2015, down from 550 in Q1 2015.
- Funds reported $11B of Marriott International stock for Q2 2015, down 11% quarter-over-quarter.
- 55 funds opened new Marriott International positions in Q2 2015 and 60 closed out, a net change of -5 holders.
- The largest Marriott International buyer in Q2 2015 was Ascend Capital, an estimated $100M added.
- The largest Marriott International seller in Q2 2015 was TIAA CREF Investment Management, an estimated $115M sold.
Based on aggregated 13F filings for Q2 2015.