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Park Hotels & Resorts

298 hedge funds and large institutions have $2.43B invested in Park Hotels & Resorts in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 103 increasing their positions, 110 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 36

2% more capital invested

Capital invested by funds: $2.38B → $2.43B (+$57.7M)

0% more funds holding

Funds holding: 297298 (+1)

6% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 110

2.24% less ownership

Funds ownership: 91.01%88.77% (-2.2%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

23% less call options, than puts

Call options by funds: $2.03M | Put options by funds: $2.63M

Holders
298
Holders Change
+1
Holders Change %
+0.34%
% of All Funds
4.75%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.1%
New
41
Increased
103
Reduced
110
Closed
36
Calls
$2.03M
Puts
$2.63M
Net Calls
-$596K
Net Calls Change
-$1.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$410M +$6.46M +491,890 +2%
BlackRock
2
BlackRock
New York
$373M +$3.65M +278,266 +0.9%
State Street
3
State Street
Massachusetts
$158M -$2.68M -204,294 -2%
Goldman Sachs
4
Goldman Sachs
New York
$90.8M -$1.96M -149,274 -2%
RIM
5
Rush Island Management
New York
$77.9M +$5.62M +428,339 +7%
PI
6
PGGM Investments
Netherlands
$49.8M -$42.5M -3,235,705 -45%
VVP
7
Vulcan Value Partners
Alabama
$47.9M +$310K +23,623 +0.6%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$45.4M +$1.59M +121,106 +3%
CIMLRA
9
CBRE Investment Management Listed Real Assets
Pennsylvania
$44.5M -$2.29M -174,345 -5%
JP Morgan Chase
10
JP Morgan Chase
New York
$43.5M +$23.9M +1,824,085 +108%
DSC
11
Donald Smith & Co
New York
$41.3M +$44.5K +3,386 +0.1%
CIM
12
Centersquare Investment Management
Pennsylvania
$39.1M +$3.08M +234,772 +8%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$37.4M +$1.5M +114,318 +4%
Charles Schwab
14
Charles Schwab
California
$33.3M +$759K +57,800 +2%
H2CM
15
H/2 Credit Manager
Connecticut
$32.4M +$5.91M +450,000 +21%
PCC
16
Perry Creek Capital
New York
$31.8M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$31.6M +$1.53M +116,419 +5%
Prudential Financial
18
Prudential Financial
New Jersey
$31.3M +$22.5M +1,710,097 +208%
Millennium Management
19
Millennium Management
New York
$30.2M +$1.96K +149 +0%
Northern Trust
20
Northern Trust
Illinois
$27.9M +$125K +9,526 +0.4%
Morgan Stanley
21
Morgan Stanley
New York
$24.7M +$5.05M +384,559 +24%
Norges Bank
22
Norges Bank
Norway
$24.6M +$1.24M +94,468 +5%
Allianz Asset Management
23
Allianz Asset Management
Germany
$23.8M +$20.4M +1,556,277 +424%
Fisher Asset Management
24
Fisher Asset Management
Washington
$23.2M +$656K +49,942 +3%
PMG
25
Private Management Group
California
$22.6M +$24M +1,828,007 New

PK Hedge Fund Activity: Q1 2023 in Review

298 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q1 2023, worth a combined $2.43B — up 2.4% from $2.38B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new PK positions and 36 closed out — a net gain of 5 holders — while 103 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 297 in Q4 2022.
  • Funds reported $2.43B of Park Hotels & Resorts stock for Q1 2023, up 2.4% quarter-over-quarter.
  • 41 funds opened new Park Hotels & Resorts positions in Q1 2023 and 36 closed out, a net change of +5 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.