Park Hotels & Resorts
273 hedge funds and large institutions have $6.2B invested in Park Hotels & Resorts in 2017 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 105 increasing their positions, 67 reducing their positions, and 36 closing their positions.
72% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 36
57% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 67
10% more funds holding
Funds holding: 248 → 273 (+25)
8% more capital invested
Capital invested by funds: $5.77B → $6.2B (+$433M)
3.05% more ownership
Funds ownership: 97.44% → 100.49% (+3%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
100% less call options, than puts
Call options by funds: $8K | Put options by funds: $2.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$179M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$129M |
| 3 |
Bank of New York Mellon
New York
|
+$90.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$79.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$79.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$482M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$48.8M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$45.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$37.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$37M |
PK Hedge Fund Activity: Q4 2017 in Review
273 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q4 2017, worth a combined $6.2B — up 7.5% from $5.77B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new PK positions and 36 closed out — a net gain of 26 holders — while 105 added to existing stakes and 67 trimmed.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $179M. The largest seller was Blackstone Inc, cutting an estimated $482M.
- 273 institutional investors held Park Hotels & Resorts (PK) as of Q4 2017, up from 248 in Q3 2017.
- Funds reported $6.2B of Park Hotels & Resorts stock for Q4 2017, up 7.5% quarter-over-quarter.
- 62 funds opened new Park Hotels & Resorts positions in Q4 2017 and 36 closed out, a net change of +26 holders.
- The largest Park Hotels & Resorts buyer in Q4 2017 was Zimmer Partners, an estimated $179M added.
- The largest Park Hotels & Resorts seller in Q4 2017 was Blackstone Inc, an estimated $482M sold.
Based on aggregated 13F filings for Q4 2017.