Park Hotels & Resorts
278 hedge funds and large institutions have $5.45B invested in Park Hotels & Resorts in 2018 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 130 increasing their positions, 70 reducing their positions, and 43 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 70
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 43
2% more funds holding
Funds holding: 273 → 278 (+5)
0.03% more ownership
Funds ownership: 100.49% → 100.52% (+0.03%)
12% less capital invested
Capital invested by funds: $6.2B → $5.45B (-$750M)
83% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $7.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$378M |
| 2 |
Cohen & Steers
New York
|
+$278M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$106M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$69.6M |
| 5 |
BlackRock
New York
|
+$64.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$130M |
| 2 |
ZP
Zimmer Partners
New York
|
-$62.2M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$56.8M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$51.4M |
| 5 |
Bank of New York Mellon
New York
|
-$31.3M |
PK Hedge Fund Activity: Q1 2018 in Review
278 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q1 2018, worth a combined $5.45B — down 12% from $6.2B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PK positions and 43 closed out — a net gain of 8 holders — while 130 added to existing stakes and 70 trimmed.
The largest buyer was Southeastern Asset Management, adding an estimated $378M. The largest seller was Brookfield Corp, exiting entirely with an estimated $130M sold.
- 278 institutional investors held Park Hotels & Resorts (PK) as of Q1 2018, up from 273 in Q4 2017.
- Funds reported $5.45B of Park Hotels & Resorts stock for Q1 2018, down 12% quarter-over-quarter.
- 51 funds opened new Park Hotels & Resorts positions in Q1 2018 and 43 closed out, a net change of +8 holders.
- The largest Park Hotels & Resorts buyer in Q1 2018 was Southeastern Asset Management, an estimated $378M added.
- The largest Park Hotels & Resorts seller in Q1 2018 was Brookfield Corp, an estimated $130M sold.
Based on aggregated 13F filings for Q1 2018.