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Park Hotels & Resorts

310 hedge funds and large institutions have $2.46B invested in Park Hotels & Resorts in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 104 increasing their positions, 133 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.33% more ownership

Funds ownership: 92.36%92.69% (+0.33%)

3% less capital invested

Capital invested by funds: $2.55B → $2.46B (-$88.6M)

3% less funds holding

Funds holding: 319310 (-9)

14% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 35

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

22% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 133

71% less call options, than puts

Call options by funds: $1.08M | Put options by funds: $3.77M

Holders
310
Holders Change
-9
Holders Change %
-2.82%
% of All Funds
4.92%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
30
Increased
104
Reduced
133
Closed
35
Calls
$1.08M
Puts
$3.77M
Net Calls
-$2.69M
Net Calls Change
-$1.62M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$408M +$4.5M +347,812 +1%
BlackRock
2
BlackRock
New York
$355M -$5.9M -456,224 -2%
State Street
3
State Street
Massachusetts
$156M +$258K +19,923 +0.2%
Goldman Sachs
4
Goldman Sachs
New York
$125M -$15.4M -1,193,870 -11%
RIM
5
Rush Island Management
New York
$84.2M -$2.4M -185,372 -3%
DSC
6
Donald Smith & Co
New York
$59.1M +$18.8M +1,457,191 +44%
Balyasny Asset Management
7
Balyasny Asset Management
Illinois
$58M +$32.4M +2,504,768 +113%
JP Morgan Chase
8
JP Morgan Chase
New York
$45.9M -$2.58M -199,258 -5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$45.4M +$267K +20,681 +0.6%
CIMLRA
10
CBRE Investment Management Listed Real Assets
Pennsylvania
$43.1M -$5.94M -459,199 -12%
VVP
11
Vulcan Value Partners
Alabama
$42.6M -$1.24M -95,794 -3%
PI
12
PGGM Investments
Netherlands
$40.8M -$9.29M -718,988 -18%
H2CM
13
H/2 Credit Manager
Connecticut
$40.2M +$8.21M +635,000 +24%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$38M +$424K +32,832 +1%
Charles Schwab
15
Charles Schwab
California
$33.6M +$943K +72,959 +3%
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$29.9M +$31.4M +2,429,861 +393,819%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$29.4M -$2.48M -191,797 -7%
Morgan Stanley
18
Morgan Stanley
New York
$28.6M +$3.8M +293,779 +14%
PCC
19
Perry Creek Capital
New York
$27.7M
PMG
20
Private Management Group
California
$27.3M +$4.06M +314,386 +17%
Northern Trust
21
Northern Trust
Illinois
$27.1M -$730K -56,448 -3%
Ameriprise
22
Ameriprise
Minnesota
$25.3M +$6.85M +530,086 +30%
Norges Bank
23
Norges Bank
Norway
$23.8M -$1.29M -100,095 -5%
SAM
24
Southeastern Asset Management
Tennessee
$22.4M +$23.5M +1,819,318 New
Fisher Asset Management
25
Fisher Asset Management
Washington
$21.8M -$1.1M -84,780 -5%

PK Hedge Fund Activity: Q3 2023 in Review

310 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Park Hotels & Resorts (PK) for Q3 2023, worth a combined $2.46B — down 3.5% from $2.55B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of PK and 30 opened new positions — a net loss of 5 holders — while 133 trimmed existing stakes and 104 added.

The largest buyer was Balyasny Asset Management, adding an estimated $32.4M. The largest seller was Arrowstreet Capital, cutting an estimated $30.9M.

  • 310 institutional investors held Park Hotels & Resorts (PK) as of Q3 2023, down from 319 in Q2 2023.
  • Funds reported $2.46B of Park Hotels & Resorts stock for Q3 2023, down 3.5% quarter-over-quarter.
  • 30 funds opened new Park Hotels & Resorts positions in Q3 2023 and 35 closed out, a net change of -5 holders.
  • The largest Park Hotels & Resorts buyer in Q3 2023 was Balyasny Asset Management, an estimated $32.4M added.
  • The largest Park Hotels & Resorts seller in Q3 2023 was Arrowstreet Capital, an estimated $30.9M sold.

Based on aggregated 13F filings for Q3 2023.