Park Hotels & Resorts
249 hedge funds and large institutions have $5.92B invested in Park Hotels & Resorts in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 108 increasing their positions, 65 reducing their positions, and 29 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 65
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
2% more funds holding
Funds holding: 245 → 249 (+4)
3% more capital invested
Capital invested by funds: $5.74B → $5.92B (+$180M)
0.88% more ownership
Funds ownership: 99.15% → 100.04% (+0.88%)
84% less call options, than puts
Call options by funds: $736K | Put options by funds: $4.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$116M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$92.5M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$32.7M |
| 4 |
JP Morgan Chase
New York
|
+$27.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$61.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$51.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$44.2M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$33.7M |
PK Hedge Fund Activity: Q3 2017 in Review
249 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2017, worth a combined $5.92B — up 3.1% from $5.74B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PK positions and 29 closed out — a net gain of 6 holders — while 108 added to existing stakes and 65 trimmed.
The largest buyer was Southeastern Asset Management, adding an estimated $116M. The largest seller was Norges Bank, cutting an estimated $61.3M.
- 249 institutional investors held Park Hotels & Resorts (PK) as of Q3 2017, up from 245 in Q2 2017.
- Funds reported $5.92B of Park Hotels & Resorts stock for Q3 2017, up 3.1% quarter-over-quarter.
- 35 funds opened new Park Hotels & Resorts positions in Q3 2017 and 29 closed out, a net change of +6 holders.
- The largest Park Hotels & Resorts buyer in Q3 2017 was Southeastern Asset Management, an estimated $116M added.
- The largest Park Hotels & Resorts seller in Q3 2017 was Norges Bank, an estimated $61.3M sold.
Based on aggregated 13F filings for Q3 2017.