Park Hotels & Resorts
294 hedge funds and large institutions have $6.61B invested in Park Hotels & Resorts in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 123 increasing their positions, 93 reducing their positions, and 26 closing their positions.
73% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 26
32% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 93
21% more capital invested
Capital invested by funds: $5.45B → $6.61B (+$1.16B)
11% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $2.51M
7.04% more ownership
Funds ownership: 100.52% → 107.56% (+7%)
6% more funds holding
Funds holding: 278 → 294 (+16)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$110M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$84M |
| 3 |
BlackRock
New York
|
+$70.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$65.9M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$65.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$41.8M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$37.5M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$34.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$27.8M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$26.3M |
PK Hedge Fund Activity: Q2 2018 in Review
294 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q2 2018, worth a combined $6.61B — up 21% from $5.45B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PK positions and 26 closed out — a net gain of 19 holders — while 123 added to existing stakes and 93 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $110M. The largest seller was APG Asset Management, cutting an estimated $41.8M.
- 294 institutional investors held Park Hotels & Resorts (PK) as of Q2 2018, up from 278 in Q1 2018.
- Funds reported $6.61B of Park Hotels & Resorts stock for Q2 2018, up 21% quarter-over-quarter.
- 45 funds opened new Park Hotels & Resorts positions in Q2 2018 and 26 closed out, a net change of +19 holders.
- The largest Park Hotels & Resorts buyer in Q2 2018 was Brookfield Corp, an estimated $110M added.
- The largest Park Hotels & Resorts seller in Q2 2018 was APG Asset Management, an estimated $41.8M sold.
Based on aggregated 13F filings for Q2 2018.