Park Hotels & Resorts
356 hedge funds and large institutions have $3.5B invested in Park Hotels & Resorts in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 144 increasing their positions, 116 reducing their positions, and 45 closing their positions.
91% more call options, than puts
Call options by funds: $4.08M | Put options by funds: $2.13M
24% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 116
16% more capital invested
Capital invested by funds: $3.03B → $3.5B (+$475M)
1.3% more ownership
Funds ownership: 93.81% → 95.12% (+1.3%)
9% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 45
1% more funds holding
Funds holding: 354 → 356 (+2)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$44M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
+$29.3M |
| 3 |
SG Americas Securities
New York
|
+$21M |
| 4 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
+$15.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rush Island Management
New York
|
-$41.7M |
| 2 |
BlackRock
New York
|
-$22.7M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$21.4M |
| 4 |
Morgan Stanley
New York
|
-$20.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$15M |
PK Hedge Fund Activity: Q1 2024 in Review
356 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q1 2024, worth a combined $3.5B — up 16% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PK positions and 45 closed out — a net gain of 4 holders — while 144 added to existing stakes and 116 trimmed.
The largest buyer was Bank of America, adding an estimated $44M. The largest seller was Rush Island Management, exiting entirely with an estimated $41.7M sold.
- 356 institutional investors held Park Hotels & Resorts (PK) as of Q1 2024, up from 354 in Q4 2023.
- Funds reported $3.5B of Park Hotels & Resorts stock for Q1 2024, up 16% quarter-over-quarter.
- 49 funds opened new Park Hotels & Resorts positions in Q1 2024 and 45 closed out, a net change of +4 holders.
- The largest Park Hotels & Resorts buyer in Q1 2024 was Bank of America, an estimated $44M added.
- The largest Park Hotels & Resorts seller in Q1 2024 was Rush Island Management, an estimated $41.7M sold.
Based on aggregated 13F filings for Q1 2024.