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Park Hotels & Resorts

319 hedge funds and large institutions have $2.55B invested in Park Hotels & Resorts in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 103 increasing their positions, 124 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 29

7% more funds holding

Funds holding: 298319 (+21)

3.59% more ownership

Funds ownership: 88.77%92.36% (+3.6%)

5% more capital invested

Capital invested by funds: $2.43B → $2.55B (+$117M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

17% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 124

45% less call options, than puts

Call options by funds: $1.29M | Put options by funds: $2.35M

Holders
319
Holders Change
+21
Holders Change %
+7.05%
% of All Funds
5.01%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
50
Increased
103
Reduced
124
Closed
29
Calls
$1.29M
Puts
$2.35M
Net Calls
-$1.06M
Net Calls Change
-$466K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$420M -$4.8M -376,314 -1%
BlackRock
2
BlackRock
New York
$375M -$12.4M -972,398 -3%
State Street
3
State Street
Massachusetts
$162M -$1.32M -103,468 -0.8%
Goldman Sachs
4
Goldman Sachs
New York
$146M +$51.2M +4,010,239 +55%
RIM
5
Rush Island Management
New York
$90M +$9.11M +714,008 +11%
PI
6
PGGM Investments
Netherlands
$51.7M
CIMLRA
7
CBRE Investment Management Listed Real Assets
Pennsylvania
$50.7M +$4.58M +358,429 +10%
JP Morgan Chase
8
JP Morgan Chase
New York
$50.3M +$5.19M +406,586 +12%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$46.9M -$203K -15,891 -0.4%
VVP
10
Vulcan Value Partners
Alabama
$45.6M -$4.04M -316,839 -8%
DSC
11
Donald Smith & Co
New York
$42.9M +$2.72K +213 +0%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$39.1M +$359K +28,149 +0.9%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$36M +$13.9M +1,087,634 +63%
Charles Schwab
14
Charles Schwab
California
$34M -$524K -41,063 -2%
H2CM
15
H/2 Credit Manager
Connecticut
$33.7M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$33M +$241K +18,914 +0.7%
Millennium Management
17
Millennium Management
New York
$32.7M +$1.4M +109,581 +4%
Northern Trust
18
Northern Trust
Illinois
$28.9M -$7.06K -553 -0%
PCC
19
Perry Creek Capital
New York
$28.9M -$4.15M -325,000 -13%
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$28.3M +$28.2M +2,206,864 New
Norges Bank
21
Norges Bank
Norway
$26.1M +$566K +44,307 +2%
Morgan Stanley
22
Morgan Stanley
New York
$26M +$413K +32,353 +2%
PMG
23
Private Management Group
California
$24.3M +$897K +70,258 +4%
Fisher Asset Management
24
Fisher Asset Management
Washington
$23.8M
Legal & General Group
25
Legal & General Group
United Kingdom
$21.5M -$1.83M -143,602 -8%

PK Hedge Fund Activity: Q2 2023 in Review

319 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q2 2023, worth a combined $2.55B — up 4.8% from $2.43B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new PK positions and 29 closed out — a net gain of 21 holders — while 103 added to existing stakes and 124 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $51.2M. The largest seller was Centersquare Investment Management, exiting entirely with an estimated $39.1M sold.

  • 319 institutional investors held Park Hotels & Resorts (PK) as of Q2 2023, up from 298 in Q1 2023.
  • Funds reported $2.55B of Park Hotels & Resorts stock for Q2 2023, up 4.8% quarter-over-quarter.
  • 50 funds opened new Park Hotels & Resorts positions in Q2 2023 and 29 closed out, a net change of +21 holders.
  • The largest Park Hotels & Resorts buyer in Q2 2023 was Goldman Sachs, an estimated $51.2M added.
  • The largest Park Hotels & Resorts seller in Q2 2023 was Centersquare Investment Management, an estimated $39.1M sold.

Based on aggregated 13F filings for Q2 2023.