Park Hotels & Resorts
297 hedge funds and large institutions have $6.38B invested in Park Hotels & Resorts in 2019 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 123 increasing their positions, 92 reducing their positions, and 49 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 92
1.03% more ownership
Funds ownership: 101.86% → 102.89% (+1%)
5% more capital invested
Capital invested by funds: $6.1B → $6.38B (+$277M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 49
5% less funds holding
Funds holding: 311 → 297 (-14)
67% less call options, than puts
Call options by funds: $1.72M | Put options by funds: $5.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$145M |
| 2 |
Cohen & Steers
New York
|
+$83M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$43.4M |
| 4 |
BlackRock
New York
|
+$42.2M |
| 5 |
BPSG
Brookfield Public Securities Group
New York
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$103M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$38.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.4M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$36M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$32.9M |
PK Hedge Fund Activity: Q4 2019 in Review
297 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q4 2019, worth a combined $6.38B — up 4.5% from $6.1B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of PK and 45 opened new positions — a net loss of 4 holders — while 92 trimmed existing stakes and 123 added.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $145M. The largest seller was AJO LP, cutting an estimated $103M.
- 297 institutional investors held Park Hotels & Resorts (PK) as of Q4 2019, down from 311 in Q3 2019.
- Funds reported $6.38B of Park Hotels & Resorts stock for Q4 2019, up 4.5% quarter-over-quarter.
- 45 funds opened new Park Hotels & Resorts positions in Q4 2019 and 49 closed out, a net change of -4 holders.
- The largest Park Hotels & Resorts buyer in Q4 2019 was Principal Financial Group, an estimated $145M added.
- The largest Park Hotels & Resorts seller in Q4 2019 was AJO LP, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2019.