Marriott Vacations Worldwide
VAC
385 hedge funds and large institutions have $6.05B invested in Marriott Vacations Worldwide in 2021 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 106 increasing their positions, 103 reducing their positions, and 38 closing their positions.
156% more call options, than puts
Call options by funds: $24.8M | Put options by funds: $9.7M
100% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 38
32% more capital invested
Capital invested by funds: $4.58B → $6.05B (+$1.47B)
10% more funds holding
Funds holding: 351 → 385 (+34)
3.15% more ownership
Funds ownership: 81.4% → 84.55% (+3.1%)
3% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 103
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$77.9M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$76.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$71.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$68.7M |
| 5 |
BlackRock
New York
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$142M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$52.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$52.3M |
| 4 |
MC
Minot Capital
Broomfield,
Colorado
|
-$43.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$22.7M |
VAC Hedge Fund Activity: Q1 2021 in Review
385 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q1 2021, worth a combined $6.05B — up 32% from $4.58B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new VAC positions and 38 closed out — a net gain of 38 holders — while 106 added to existing stakes and 103 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $77.9M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $142M sold.
- 385 institutional investors held Marriott Vacations Worldwide (VAC) as of Q1 2021, up from 351 in Q4 2020.
- Funds reported $6.05B of Marriott Vacations Worldwide stock for Q1 2021, up 32% quarter-over-quarter.
- 76 funds opened new Marriott Vacations Worldwide positions in Q1 2021 and 38 closed out, a net change of +38 holders.
- The largest Marriott Vacations Worldwide buyer in Q1 2021 was Melvin Capital Management, an estimated $77.9M added.
- The largest Marriott Vacations Worldwide seller in Q1 2021 was Iridian Asset Management, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2021.