Park Hotels & Resorts
303 hedge funds and large institutions have $5.39B invested in Park Hotels & Resorts in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 106 increasing their positions, 111 reducing their positions, and 43 closing their positions.
114% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $828K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 43
0% more funds holding
Funds holding: 302 → 303 (+1)
5% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 111
1.6% less ownership
Funds ownership: 105.81% → 104.21% (-1.6%)
23% less capital invested
Capital invested by funds: $6.98B → $5.39B (-$1.59B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$110M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$104M |
| 3 |
BlackRock
New York
|
+$54.9M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$39.2M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$81.4M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$78.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$54.9M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$51.8M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$32.4M |
PK Hedge Fund Activity: Q4 2018 in Review
303 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q4 2018, worth a combined $5.39B — down 23% from $6.98B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PK positions and 43 closed out — a net gain of 2 holders — while 106 added to existing stakes and 111 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $110M. The largest seller was JP Morgan Chase, cutting an estimated $81.4M.
- 303 institutional investors held Park Hotels & Resorts (PK) as of Q4 2018, up from 302 in Q3 2018.
- Funds reported $5.39B of Park Hotels & Resorts stock for Q4 2018, down 23% quarter-over-quarter.
- 45 funds opened new Park Hotels & Resorts positions in Q4 2018 and 43 closed out, a net change of +2 holders.
- The largest Park Hotels & Resorts buyer in Q4 2018 was Cohen & Steers, an estimated $110M added.
- The largest Park Hotels & Resorts seller in Q4 2018 was JP Morgan Chase, an estimated $81.4M sold.
Based on aggregated 13F filings for Q4 2018.