Park Hotels & Resorts
354 hedge funds and large institutions have $3.03B invested in Park Hotels & Resorts in 2023 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 100 increasing their positions, 135 reducing their positions, and 27 closing their positions.
174% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 27
23% more capital invested
Capital invested by funds: $2.46B → $3.03B (+$566M)
14% more funds holding
Funds holding: 310 → 354 (+44)
1.12% more ownership
Funds ownership: 92.69% → 93.81% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
26% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 135
86% less call options, than puts
Call options by funds: $846K | Put options by funds: $6.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$59.3M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$23.8M |
| 3 |
Morgan Stanley
New York
|
+$20.9M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$18.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$58M |
| 2 |
RIM
Rush Island Management
New York
|
-$56.6M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$39.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$25.7M |
| 5 |
Goldman Sachs
New York
|
-$25.3M |
PK Hedge Fund Activity: Q4 2023 in Review
354 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q4 2023, worth a combined $3.03B — up 23% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new PK positions and 27 closed out — a net gain of 47 holders — while 100 added to existing stakes and 135 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $59.3M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $58M sold.
- 354 institutional investors held Park Hotels & Resorts (PK) as of Q4 2023, up from 310 in Q3 2023.
- Funds reported $3.03B of Park Hotels & Resorts stock for Q4 2023, up 23% quarter-over-quarter.
- 74 funds opened new Park Hotels & Resorts positions in Q4 2023 and 27 closed out, a net change of +47 holders.
- The largest Park Hotels & Resorts buyer in Q4 2023 was Arrowstreet Capital, an estimated $59.3M added.
- The largest Park Hotels & Resorts seller in Q4 2023 was Balyasny Asset Management, an estimated $58M sold.
Based on aggregated 13F filings for Q4 2023.