Marriott Vacations Worldwide
292 hedge funds and large institutions have $2.61B invested in Marriott Vacations Worldwide in 2018 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 83 increasing their positions, 97 reducing their positions, and 24 closing their positions.
75% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 24
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more funds holding
Funds holding: 276 → 292 (+16)
0.17% less ownership
Funds ownership: 74.06% → 73.89% (-0.17%)
2% less capital invested
Capital invested by funds: $2.65B → $2.61B (-$41.4M)
13% less call options, than puts
Call options by funds: $27.3M | Put options by funds: $31.4M
14% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$31.8M |
| 2 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$13.2M |
| 3 |
BlackRock
New York
|
+$10.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.33M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$25M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$11.8M |
| 5 |
Morgan Stanley
New York
|
-$10.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
301
Trexquant Investment
Stamford,
Connecticut
| – | -$363K | -2,685 | Closed |
|
|
IR
302
Invictus RG
Hamilton,
Bermuda
| – | -$336K | -2,484 | Closed |
|
|
PM
303
Parametrica Management
Wanchai,
Hong Kong
| – | -$312K | -2,305 | Closed |
|
|
UFF
304
USA Financial Formulas
Ada,
Michigan
| – | -$305K | -2,254 | Closed |
|
|
BCM
305
Bayesian Capital Management
Brooklyn,
New York
| – | -$287K | -2,125 | Closed |
|
306
Jane Street
New York
| – | -$252K | -1,867 | Closed |
|
307
M&T Bank
Buffalo,
New York
| – | -$222K | -1,640 | Closed |
|
|
JG
308
Jefferies Group
New York
| – | -$217K | -1,605 | Closed |
|
309
Daiwa Securities Group
Tokyo,
Japan
| – | -$108K | -800 | Closed |
|
|
PCM
310
Price Capital Management
Lafayette,
Louisiana
| – | -$81K | -600 | Closed |
|
|
PHK
311
Point72 Hong Kong
Hong Kong
| – | -$10K | -73 | Closed |
|
|
RWA
312
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$7K | -55 | Closed |
|
|
AF
313
Advisornet Financial
Minnetonka,
Minnesota
| – | -$3K | -23 | Closed |
|
|
WWMSC
314
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$2K | -16 | Closed |
|
VAC Hedge Fund Activity: Q1 2018 in Review
292 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q1 2018, worth a combined $2.61B — down 1.6% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new VAC positions and 24 closed out — a net gain of 18 holders — while 83 added to existing stakes and 97 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $31.8M. The largest seller was Dimensional Fund Advisors, cutting an estimated $25M.
- 292 institutional investors held Marriott Vacations Worldwide (VAC) as of Q1 2018, up from 276 in Q4 2017.
- Funds reported $2.61B of Marriott Vacations Worldwide stock for Q1 2018, down 1.6% quarter-over-quarter.
- 42 funds opened new Marriott Vacations Worldwide positions in Q1 2018 and 24 closed out, a net change of +18 holders.
- The largest Marriott Vacations Worldwide buyer in Q1 2018 was Melvin Capital Management, an estimated $31.8M added.
- The largest Marriott Vacations Worldwide seller in Q1 2018 was Dimensional Fund Advisors, an estimated $25M sold.
Based on aggregated 13F filings for Q1 2018.