Park Hotels & Resorts
287 hedge funds and large institutions have $5.75B invested in Park Hotels & Resorts in 2019 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 115 increasing their positions, 92 reducing their positions, and 48 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 92
1.13% less ownership
Funds ownership: 104.77% → 103.64% (-1.1%)
5% less funds holding
Funds holding: 302 → 287 (-15)
12% less capital invested
Capital invested by funds: $6.56B → $5.75B (-$812M)
21% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 48
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
82% less call options, than puts
Call options by funds: $1.8M | Put options by funds: $9.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$76.3M |
| 2 |
Cohen & Steers
New York
|
+$66M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$59.4M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$51.6M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$43.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$115M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$111M |
| 3 |
JP Morgan Chase
New York
|
-$74.9M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$40M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$33.1M |
PK Hedge Fund Activity: Q2 2019 in Review
287 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q2 2019, worth a combined $5.75B — down 12% from $6.56B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PK and 38 opened new positions — a net loss of 10 holders — while 92 trimmed existing stakes and 115 added.
The largest buyer was AJO LP, adding an estimated $76.3M. The largest seller was Wellington Management Group, cutting an estimated $115M.
- 287 institutional investors held Park Hotels & Resorts (PK) as of Q2 2019, down from 302 in Q1 2019.
- Funds reported $5.75B of Park Hotels & Resorts stock for Q2 2019, down 12% quarter-over-quarter.
- 38 funds opened new Park Hotels & Resorts positions in Q2 2019 and 48 closed out, a net change of -10 holders.
- The largest Park Hotels & Resorts buyer in Q2 2019 was AJO LP, an estimated $76.3M added.
- The largest Park Hotels & Resorts seller in Q2 2019 was Wellington Management Group, an estimated $115M sold.
Based on aggregated 13F filings for Q2 2019.