Park Hotels & Resorts
281 hedge funds and large institutions have $3.55B invested in Park Hotels & Resorts in 2020 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 86 increasing their positions, 94 reducing their positions, and 45 closing their positions.
369% more call options, than puts
Call options by funds: $70M | Put options by funds: $14.9M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
88% more capital invested
Capital invested by funds: $1.88B → $3.55B (+$1.66B)
11% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 45
7.79% more ownership
Funds ownership: 79.95% → 87.74% (+7.8%)
1% more funds holding
Funds holding: 278 → 281 (+3)
9% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$147M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$42.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.1M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$22.1M |
| 5 |
BlackRock
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$34M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$30.3M |
| 3 |
Goldman Sachs
New York
|
-$22.8M |
| 4 |
SC
Sculptor Capital
New York
|
-$21.7M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$21M |
PK Hedge Fund Activity: Q4 2020 in Review
281 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q4 2020, worth a combined $3.55B — up 88% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PK positions and 45 closed out — a net gain of 5 holders — while 86 added to existing stakes and 94 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $147M. The largest seller was Principal Financial Group, cutting an estimated $34M.
- 281 institutional investors held Park Hotels & Resorts (PK) as of Q4 2020, up from 278 in Q3 2020.
- Funds reported $3.55B of Park Hotels & Resorts stock for Q4 2020, up 88% quarter-over-quarter.
- 50 funds opened new Park Hotels & Resorts positions in Q4 2020 and 45 closed out, a net change of +5 holders.
- The largest Park Hotels & Resorts buyer in Q4 2020 was Cohen & Steers, an estimated $147M added.
- The largest Park Hotels & Resorts seller in Q4 2020 was Principal Financial Group, an estimated $34M sold.
Based on aggregated 13F filings for Q4 2020.