Vail Resorts
403 hedge funds and large institutions have $8.41B invested in Vail Resorts in 2018 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 169 increasing their positions, 130 reducing their positions, and 85 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 130
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
2.37% more ownership
Funds ownership: 96.46% → 98.83% (+2.4%)
8% less funds holding
Funds holding: 440 → 403 (-37)
13% less call options, than puts
Call options by funds: $59.6M | Put options by funds: $68.8M
21% less capital invested
Capital invested by funds: $10.7B → $8.41B (-$2.26B)
41% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$102M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$74.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$71.5M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$68.6M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$61.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$272M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$76.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$70.9M |
| 4 |
Morgan Stanley
New York
|
-$35.8M |
| 5 |
Millennium Management
New York
|
-$33.1M |
MTN Hedge Fund Activity: Q4 2018 in Review
403 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Vail Resorts (MTN) for Q4 2018, worth a combined $8.41B — down 21% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of MTN and 50 opened new positions — a net loss of 35 holders — while 130 trimmed existing stakes and 169 added.
The largest buyer was Fred Alger Management, adding an estimated $102M. The largest seller was Fidelity Investments, cutting an estimated $272M.
- 403 institutional investors held Vail Resorts (MTN) as of Q4 2018, down from 440 in Q3 2018.
- Funds reported $8.41B of Vail Resorts stock for Q4 2018, down 21% quarter-over-quarter.
- 50 funds opened new Vail Resorts positions in Q4 2018 and 85 closed out, a net change of -35 holders.
- The largest Vail Resorts buyer in Q4 2018 was Fred Alger Management, an estimated $102M added.
- The largest Vail Resorts seller in Q4 2018 was Fidelity Investments, an estimated $272M sold.
Based on aggregated 13F filings for Q4 2018.