Park Hotels & Resorts
311 hedge funds and large institutions have $6.1B invested in Park Hotels & Resorts in 2019 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 136 increasing their positions, 75 reducing their positions, and 46 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 75
57% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 46
8% more funds holding
Funds holding: 287 → 311 (+24)
6% more capital invested
Capital invested by funds: $5.75B → $6.1B (+$348M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.78% less ownership
Funds ownership: 103.64% → 101.86% (-1.8%)
63% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $3.83M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$317M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$158M |
| 3 |
State Street
Boston,
Massachusetts
|
+$94.9M |
| 4 |
Goldman Sachs
New York
|
+$76.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$75.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$166M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$61.8M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$43.5M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$28.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LA
351
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | -$2K | -66 | Closed |
|
|
RFA
352
Reilly Financial Advisors
La Mesa,
California
| – | -$1K | -22 | Closed |
|
353
Credit Agricole
Montrouge Cedex,
France
| – | +$25 | +1 | New |
|
|
IA
354
IFP Advisors
Tampa,
Florida
| – | +$457 | +18 | New |
|
PK Hedge Fund Activity: Q3 2019 in Review
311 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2019, worth a combined $6.1B — up 6.1% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PK positions and 46 closed out — a net gain of 26 holders — while 136 added to existing stakes and 75 trimmed.
The largest buyer was BlackRock, adding an estimated $317M. The largest seller was Brookfield Corp, exiting entirely with an estimated $166M sold.
- 311 institutional investors held Park Hotels & Resorts (PK) as of Q3 2019, up from 287 in Q2 2019.
- Funds reported $6.1B of Park Hotels & Resorts stock for Q3 2019, up 6.1% quarter-over-quarter.
- 72 funds opened new Park Hotels & Resorts positions in Q3 2019 and 46 closed out, a net change of +26 holders.
- The largest Park Hotels & Resorts buyer in Q3 2019 was BlackRock, an estimated $317M added.
- The largest Park Hotels & Resorts seller in Q3 2019 was Brookfield Corp, an estimated $166M sold.
Based on aggregated 13F filings for Q3 2019.