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Park Hotels & Resorts

302 hedge funds and large institutions have $6.98B invested in Park Hotels & Resorts in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 107 increasing their positions, 104 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

31% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 32

6% more capital invested

Capital invested by funds: $6.61B → $6.98B (+$370M)

3% more funds holding

Funds holding: 294302 (+8)

3% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 104

1.75% less ownership

Funds ownership: 107.56%105.81% (-1.7%)

61% less call options, than puts

Call options by funds: $3.04M | Put options by funds: $7.72M

Holders
302
Holders Change
+8
Holders Change %
+2.72%
% of All Funds
6.9%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
42
Increased
107
Reduced
104
Closed
32
Calls
$3.04M
Puts
$7.72M
Net Calls
-$4.68M
Net Calls Change
-$4.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1B +$35.7M +1,107,521 +4%
Cohen & Steers
2
Cohen & Steers
New York
$647M +$25.1M +777,049 +4%
BlackRock
3
BlackRock
New York
$558M +$23.9M +741,598 +5%
SAM
4
Southeastern Asset Management
Tennessee
$543M -$117M -3,634,150 -18%
JP Morgan Chase
5
JP Morgan Chase
New York
$323M +$34.8M +1,078,962 +12%
Invesco
6
Invesco
Georgia
$259M -$7.56M -234,376 -3%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$255M -$6.67M -206,638 -3%
State Street
8
State Street
Massachusetts
$215M +$11.4M +354,254 +6%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$143M +$5.1M +158,192 +4%
CIM
10
Centersquare Investment Management
Pennsylvania
$131M -$26.2M -811,410 -17%
LIMS
11
Lasalle Investment Management Securities
Maryland
$120M +$18.9M +586,303 +19%
Northern Trust
12
Northern Trust
Illinois
$118M +$10.1M +312,685 +10%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$108M +$407K +12,612 +0.4%
AL
14
AJO LP
Pennsylvania
$100M -$7.08M -219,351 -7%
AAMU
15
APG Asset Management US
New York
$100M +$725K +22,468 +0.7%
PI
16
PGGM Investments
Netherlands
$92.3M
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$92.1M +$7.48M +231,804 +9%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$90.8M -$716K -22,194 -0.8%
BC
19
Brookfield Corp
Ontario, Canada
$79.6M -$40.1M -1,243,900 -34%
Charles Schwab
20
Charles Schwab
California
$74.2M +$4.32M +133,899 +6%
Prudential Financial
21
Prudential Financial
New Jersey
$65M +$34.7M +1,075,294 +119%
Goldman Sachs
22
Goldman Sachs
New York
$63.8M +$16.8M +520,083 +36%
ACI
23
AMP Capital Investors
Australia
$63.3M +$725K +22,464 +1%
O
24
OppenheimerFunds
New York
$61.1M -$1.07M -33,230 -2%
Norges Bank
25
Norges Bank
Norway
$58.4M

PK Hedge Fund Activity: Q3 2018 in Review

302 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2018, worth a combined $6.98B — up 5.6% from $6.61B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PK positions and 32 closed out — a net gain of 10 holders — while 107 added to existing stakes and 104 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $42.6M. The largest seller was Southeastern Asset Management, cutting an estimated $117M.

  • 302 institutional investors held Park Hotels & Resorts (PK) as of Q3 2018, up from 294 in Q2 2018.
  • Funds reported $6.98B of Park Hotels & Resorts stock for Q3 2018, up 5.6% quarter-over-quarter.
  • 42 funds opened new Park Hotels & Resorts positions in Q3 2018 and 32 closed out, a net change of +10 holders.
  • The largest Park Hotels & Resorts buyer in Q3 2018 was Raymond James & Associates, an estimated $42.6M added.
  • The largest Park Hotels & Resorts seller in Q3 2018 was Southeastern Asset Management, an estimated $117M sold.

Based on aggregated 13F filings for Q3 2018.