Marriott Vacations Worldwide
217 hedge funds and large institutions have $1.5B invested in Marriott Vacations Worldwide in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 78 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
7% more capital invested
Capital invested by funds: $1.41B → $1.5B (+$92.6M)
3% more funds holding
Funds holding: 211 → 217 (+6)
1.13% more ownership
Funds ownership: 69.85% → 70.97% (+1.1%)
2% more call options, than puts
Call options by funds: $4.86M | Put options by funds: $4.76M
26% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$26.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$19.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.77M |
| 5 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$59M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$16.8M |
| 3 |
Renaissance Technologies
New York
|
-$11.7M |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$7.76M |
| 5 |
Two Sigma Investments
New York
|
-$6.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STIA
226
Stone Toro Investment Advisers
Princeton,
New Jersey
| – | -$229K | -3,900 | Closed |
|
227
Walleye Trading
New York
| – | -$218 | -3,720 | Closed |
|
|
ARC
228
Absolute Return Capital
Boston,
Massachusetts
| – | -$150K | -2,551 | Closed |
|
|
VFA
229
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$142K | -2,418 | Closed |
|
230
KBC Group
Brussels,
Belgium
| – | -$100K | -1,712 | Closed |
|
|
PCM
231
Prelude Capital Management
New York
| – | -$41K | -700 | Closed |
|
|
GXMC
232
Global X Management Company
New York
| – | -$22K | -383 | Closed |
|
|
CFN
233
Cordasco Financial Network
Naples,
Florida
| – | -$5K | -80 | Closed |
|
|
TAM
234
Tocqueville Asset Management
New York
| – | -$1K | -20 | Closed |
|
VAC Hedge Fund Activity: Q3 2014 in Review
217 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q3 2014, worth a combined $1.5B — up 6.6% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new VAC positions and 21 closed out — a net gain of 6 holders — while 58 added to existing stakes and 78 trimmed.
The largest buyer was RS Investment Management, opening a new position worth an estimated $26.7M. The largest seller was Fir Tree Capital Management, cutting an estimated $59M.
- 217 institutional investors held Marriott Vacations Worldwide (VAC) as of Q3 2014, up from 211 in Q2 2014.
- Funds reported $1.5B of Marriott Vacations Worldwide stock for Q3 2014, up 6.6% quarter-over-quarter.
- 27 funds opened new Marriott Vacations Worldwide positions in Q3 2014 and 21 closed out, a net change of +6 holders.
- The largest Marriott Vacations Worldwide buyer in Q3 2014 was RS Investment Management, an estimated $26.7M added.
- The largest Marriott Vacations Worldwide seller in Q3 2014 was Fir Tree Capital Management, an estimated $59M sold.
Based on aggregated 13F filings for Q3 2014.