Marriott Vacations Worldwide
327 hedge funds and large institutions have $2.67B invested in Marriott Vacations Worldwide in 2018 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 110 increasing their positions, 96 reducing their positions, and 103 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 96
0.35% more ownership
Funds ownership: 80.08% → 80.42% (+0.35%)
14% less funds holding
Funds holding: 381 → 327 (-54)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
37% less capital invested
Capital invested by funds: $4.21B → $2.67B (-$1.55B)
50% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 103
89% less call options, than puts
Call options by funds: $40.1M | Put options by funds: $365M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$118M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$66.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.2M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$47.9M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$39.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.1M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$67M |
| 3 |
Millennium Management
New York
|
-$52.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$47.4M |
| 5 |
Goldman Sachs
New York
|
-$47.2M |
VAC Hedge Fund Activity: Q4 2018 in Review
327 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q4 2018, worth a combined $2.67B — down 37% from $4.21B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of VAC and 51 opened new positions — a net loss of 52 holders — while 96 trimmed existing stakes and 110 added.
The largest buyer was Senvest Management, adding an estimated $118M. The largest seller was Fidelity Investments, cutting an estimated $74.1M.
- 327 institutional investors held Marriott Vacations Worldwide (VAC) as of Q4 2018, down from 381 in Q3 2018.
- Funds reported $2.67B of Marriott Vacations Worldwide stock for Q4 2018, down 37% quarter-over-quarter.
- 51 funds opened new Marriott Vacations Worldwide positions in Q4 2018 and 103 closed out, a net change of -52 holders.
- The largest Marriott Vacations Worldwide buyer in Q4 2018 was Senvest Management, an estimated $118M added.
- The largest Marriott Vacations Worldwide seller in Q4 2018 was Fidelity Investments, an estimated $74.1M sold.
Based on aggregated 13F filings for Q4 2018.