Park Hotels & Resorts
352 hedge funds and large institutions have $2.82B invested in Park Hotels & Resorts in 2024 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 133 increasing their positions, 125 reducing their positions, and 51 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 125
0% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 51
0.08% less ownership
Funds ownership: 95.67% → 95.58% (-0.08%)
1% less funds holding
Funds holding: 355 → 352 (-3)
7% less capital invested
Capital invested by funds: $3.02B → $2.82B (-$200M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
86% less call options, than puts
Call options by funds: $2.12M | Put options by funds: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$21.9M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$21.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$19.2M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$15.7M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$26.2M |
| 2 |
KHCM
Kettle Hill Capital Management
New York
|
-$20.2M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$17.2M |
| 4 |
Morgan Stanley
New York
|
-$10.7M |
| 5 |
CCM
Cinctive Capital Management
New York
|
-$9.49M |
PK Hedge Fund Activity: Q3 2024 in Review
352 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2024, worth a combined $2.82B — down 6.6% from $3.02B a quarter earlier.
Fund positioning in PK was balanced in Q3 2024: 51 funds opened new positions, 51 closed out, 133 added to existing stakes and 125 trimmed.
The largest buyer was BlackRock, adding an estimated $21.9M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $26.2M.
- 352 institutional investors held Park Hotels & Resorts (PK) as of Q3 2024, down from 355 in Q2 2024.
- Funds reported $2.82B of Park Hotels & Resorts stock for Q3 2024, down 6.6% quarter-over-quarter.
- 51 funds opened new Park Hotels & Resorts positions in Q3 2024 and 51 closed out, a net change of 0 holders.
- The largest Park Hotels & Resorts buyer in Q3 2024 was BlackRock, an estimated $21.9M added.
- The largest Park Hotels & Resorts seller in Q3 2024 was CBRE Investment Management Listed Real Assets, an estimated $26.2M sold.
Based on aggregated 13F filings for Q3 2024.