Park Hotels & Resorts
310 hedge funds and large institutions have $1.76B invested in Park Hotels & Resorts in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 99 increasing their positions, 103 reducing their positions, and 61 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
26% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 61
15% more call options, than puts
Call options by funds: $8.56M | Put options by funds: $7.44M
4% more funds holding
Funds holding: 297 → 310 (+13)
4% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 103
10.63% less ownership
Funds ownership: 102.89% → 92.26% (-11%)
72% less capital invested
Capital invested by funds: $6.38B → $1.76B (-$4.62B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$67.2M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$47M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$32.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31.2M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$202M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$129M |
| 3 |
BlackRock
New York
|
-$112M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$63.9M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$48.6M |
PK Hedge Fund Activity: Q1 2020 in Review
310 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q1 2020, worth a combined $1.76B — down 72% from $6.38B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new PK positions and 61 closed out — a net gain of 16 holders — while 99 added to existing stakes and 103 trimmed.
The largest buyer was Vulcan Value Partners, adding an estimated $67.2M. The largest seller was Cohen & Steers, cutting an estimated $202M.
- 310 institutional investors held Park Hotels & Resorts (PK) as of Q1 2020, up from 297 in Q4 2019.
- Funds reported $1.76B of Park Hotels & Resorts stock for Q1 2020, down 72% quarter-over-quarter.
- 77 funds opened new Park Hotels & Resorts positions in Q1 2020 and 61 closed out, a net change of +16 holders.
- The largest Park Hotels & Resorts buyer in Q1 2020 was Vulcan Value Partners, an estimated $67.2M added.
- The largest Park Hotels & Resorts seller in Q1 2020 was Cohen & Steers, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2020.