Park Hotels & Resorts
286 hedge funds and large institutions have $1.83B invested in Park Hotels & Resorts in 2020 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 101 increasing their positions, 101 reducing their positions, and 75 closing their positions.
4% more capital invested
Capital invested by funds: $1.76B → $1.83B (+$72.9M)
0% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 101
8% less funds holding
Funds holding: 310 → 286 (-24)
11.84% less ownership
Funds ownership: 92.26% → 80.42% (-12%)
30% less call options, than puts
Call options by funds: $8.94M | Put options by funds: $12.7M
31% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 75
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CII
Capital International Inc
Los Angeles,
California
|
+$31.8M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$23.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$21.5M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$16.7M |
| 5 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$168M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$90.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30.7M |
| 4 |
KSCM
King Street Capital Management
New York
|
-$19.8M |
| 5 |
Citigroup
New York
|
-$11.5M |
PK Hedge Fund Activity: Q2 2020 in Review
286 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q2 2020, worth a combined $1.83B — up 4.2% from $1.76B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of PK and 52 opened new positions — a net loss of 23 holders — while 101 trimmed existing stakes and 101 added.
The largest buyer was Capital International Inc, opening a new position worth an estimated $31.8M. The largest seller was Cohen & Steers, cutting an estimated $168M.
- 286 institutional investors held Park Hotels & Resorts (PK) as of Q2 2020, down from 310 in Q1 2020.
- Funds reported $1.83B of Park Hotels & Resorts stock for Q2 2020, up 4.2% quarter-over-quarter.
- 52 funds opened new Park Hotels & Resorts positions in Q2 2020 and 75 closed out, a net change of -23 holders.
- The largest Park Hotels & Resorts buyer in Q2 2020 was Capital International Inc, an estimated $31.8M added.
- The largest Park Hotels & Resorts seller in Q2 2020 was Cohen & Steers, an estimated $168M sold.
Based on aggregated 13F filings for Q2 2020.