Park Hotels & Resorts
248 hedge funds and large institutions have $5.77B invested in Park Hotels & Resorts in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 108 increasing their positions, 64 reducing their positions, and 30 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 64
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
1% more funds holding
Funds holding: 245 → 248 (+3)
0% more capital invested
Capital invested by funds: $5.74B → $5.77B (+$26.3M)
1.71% less ownership
Funds ownership: 99.15% → 97.44% (-1.7%)
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 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$180M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$61.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.6M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$51.5M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$44.2M |
PK Hedge Fund Activity: Q3 2017 in Review
248 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2017, worth a combined $5.77B — up 0.46% from $5.74B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PK positions and 30 closed out — a net gain of 5 holders — while 108 added to existing stakes and 64 trimmed.
The largest buyer was Southeastern Asset Management, adding an estimated $116M. The largest seller was Brookfield Corp, exiting entirely with an estimated $180M sold.
- 248 institutional investors held Park Hotels & Resorts (PK) as of Q3 2017, up from 245 in Q2 2017.
- Funds reported $5.77B of Park Hotels & Resorts stock for Q3 2017, up 0.46% quarter-over-quarter.
- 35 funds opened new Park Hotels & Resorts positions in Q3 2017 and 30 closed out, a net change of +5 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 Brookfield Corp, an estimated $180M sold.
Based on aggregated 13F filings for Q3 2017.