Park Hotels & Resorts
355 hedge funds and large institutions have $3.02B invested in Park Hotels & Resorts in 2024 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 140 increasing their positions, 125 reducing their positions, and 49 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 125
6% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 49
0.55% more ownership
Funds ownership: 95.12% → 95.67% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less funds holding
Funds holding: 356 → 355 (-1)
14% less capital invested
Capital invested by funds: $3.5B → $3.02B (-$483M)
81% less call options, than puts
Call options by funds: $2.2M | Put options by funds: $11.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$62.4M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$30.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$30.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$18.2M |
| 5 |
Morgan Stanley
New York
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$29.5M |
| 2 |
SG Americas Securities
New York
|
-$22.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.4M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$16.5M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$16.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
401
CoreCap Advisors
Southfield,
Michigan
| – | -$752 | -43 | Closed |
|
|
GI
402
Gradient Investments
Arden Hills,
Minnesota
| – | -$542 | -31 | Closed |
|
|
RAM
403
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$438 | -25 | Closed |
|
404
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$122 | -7 | Closed |
|
PK Hedge Fund Activity: Q2 2024 in Review
355 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q2 2024, worth a combined $3.02B — down 14% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PK positions and 49 closed out — a net gain of 3 holders — while 140 added to existing stakes and 125 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $62.4M. The largest seller was Goldman Sachs, cutting an estimated $29.5M.
- 355 institutional investors held Park Hotels & Resorts (PK) as of Q2 2024, down from 356 in Q1 2024.
- Funds reported $3.02B of Park Hotels & Resorts stock for Q2 2024, down 14% quarter-over-quarter.
- 52 funds opened new Park Hotels & Resorts positions in Q2 2024 and 49 closed out, a net change of +3 holders.
- The largest Park Hotels & Resorts buyer in Q2 2024 was AQR Capital Management, an estimated $62.4M added.
- The largest Park Hotels & Resorts seller in Q2 2024 was Goldman Sachs, an estimated $29.5M sold.
Based on aggregated 13F filings for Q2 2024.