Park Hotels & Resorts
245 hedge funds and large institutions have $5.74B invested in Park Hotels & Resorts in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 114 increasing their positions, 64 reducing their positions, and 46 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 64
4% more capital invested
Capital invested by funds: $5.5B → $5.74B (+$243M)
3% less funds holding
Funds holding: 253 → 245 (-8)
9.26% less ownership
Funds ownership: 108.42% → 99.15% (-9.3%)
15% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 46
30% less call options, than puts
Call options by funds: $1.6M | Put options by funds: $2.29M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$143M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$108M |
| 3 |
BlackRock
New York
|
+$94.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.3M |
| 5 |
Cohen & Steers
New York
|
+$65.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$397M |
| 2 |
SC
Sculptor Capital
New York
|
-$127M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$120M |
| 4 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$66.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$61.7M |
PK Hedge Fund Activity: Q2 2017 in Review
245 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q2 2017, worth a combined $5.74B — up 4.4% from $5.5B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PK and 39 opened new positions — a net loss of 7 holders — while 64 trimmed existing stakes and 114 added.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $143M. The largest seller was Blackstone Inc, cutting an estimated $397M.
- 245 institutional investors held Park Hotels & Resorts (PK) as of Q2 2017, down from 253 in Q1 2017.
- Funds reported $5.74B of Park Hotels & Resorts stock for Q2 2017, up 4.4% quarter-over-quarter.
- 39 funds opened new Park Hotels & Resorts positions in Q2 2017 and 46 closed out, a net change of -7 holders.
- The largest Park Hotels & Resorts buyer in Q2 2017 was CBRE Investment Management Listed Real Assets, an estimated $143M added.
- The largest Park Hotels & Resorts seller in Q2 2017 was Blackstone Inc, an estimated $397M sold.
Based on aggregated 13F filings for Q2 2017.