Park Hotels & Resorts
310 hedge funds and large institutions have $2.46B invested in Park Hotels & Resorts in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 104 increasing their positions, 133 reducing their positions, and 35 closing their positions.
0.33% more ownership
Funds ownership: 92.36% → 92.69% (+0.33%)
3% less capital invested
Capital invested by funds: $2.55B → $2.46B (-$88.6M)
3% less funds holding
Funds holding: 319 → 310 (-9)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 133
71% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $3.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$32.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$31.4M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$23.5M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$18.8M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$30.9M |
| 2 |
Millennium Management
New York
|
-$19.7M |
| 3 |
Goldman Sachs
New York
|
-$15.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.2M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
-$11M |
PK Hedge Fund Activity: Q3 2023 in Review
310 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2023, worth a combined $2.46B — down 3.5% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PK and 30 opened new positions — a net loss of 5 holders — while 133 trimmed existing stakes and 104 added.
The largest buyer was Balyasny Asset Management, adding an estimated $32.4M. The largest seller was Arrowstreet Capital, cutting an estimated $30.9M.
- 310 institutional investors held Park Hotels & Resorts (PK) as of Q3 2023, down from 319 in Q2 2023.
- Funds reported $2.46B of Park Hotels & Resorts stock for Q3 2023, down 3.5% quarter-over-quarter.
- 30 funds opened new Park Hotels & Resorts positions in Q3 2023 and 35 closed out, a net change of -5 holders.
- The largest Park Hotels & Resorts buyer in Q3 2023 was Balyasny Asset Management, an estimated $32.4M added.
- The largest Park Hotels & Resorts seller in Q3 2023 was Arrowstreet Capital, an estimated $30.9M sold.
Based on aggregated 13F filings for Q3 2023.