Park Hotels & Resorts
298 hedge funds and large institutions have $2.44B invested in Park Hotels & Resorts in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 102 increasing their positions, 110 reducing their positions, and 36 closing their positions.
17% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 36
3% more capital invested
Capital invested by funds: $2.38B → $2.44B (+$60.9M)
1% more funds holding
Funds holding: 296 → 298 (+2)
0.94% less ownership
Funds ownership: 89.71% → 88.77% (-0.94%)
7% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 110
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
23% less call options, than puts
Call options by funds: $2.03M | Put options by funds: $2.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$24M |
| 2 |
JP Morgan Chase
New York
|
+$23.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$22.5M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$20.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$59.4M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$42.5M |
| 3 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$22.2M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$19.9M |
| 5 |
N
Natixis
Paris,
France
|
-$18.4M |
PK Hedge Fund Activity: Q1 2023 in Review
298 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q1 2023, worth a combined $2.44B — up 2.6% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PK positions and 36 closed out — a net gain of 6 holders — while 102 added to existing stakes and 110 trimmed.
The largest buyer was Private Management Group, opening a new position worth an estimated $24M. The largest seller was Citadel Advisors, cutting an estimated $59.4M.
- 298 institutional investors held Park Hotels & Resorts (PK) as of Q1 2023, up from 296 in Q4 2022.
- Funds reported $2.44B of Park Hotels & Resorts stock for Q1 2023, up 2.6% quarter-over-quarter.
- 42 funds opened new Park Hotels & Resorts positions in Q1 2023 and 36 closed out, a net change of +6 holders.
- The largest Park Hotels & Resorts buyer in Q1 2023 was Private Management Group, an estimated $24M added.
- The largest Park Hotels & Resorts seller in Q1 2023 was Citadel Advisors, an estimated $59.4M sold.
Based on aggregated 13F filings for Q1 2023.