Marriott Vacations Worldwide
VAC
334 hedge funds and large institutions have $2.98B invested in Marriott Vacations Worldwide in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 88 increasing their positions, 117 reducing their positions, and 67 closing their positions.
2.37% less ownership
Funds ownership: 83.5% → 81.13% (-2.4%)
8% less funds holding
Funds holding: 365 → 334 (-31)
21% less capital invested
Capital invested by funds: $3.78B → $2.98B (-$802M)
25% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 117
39% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 67
65% less call options, than puts
Call options by funds: $36.7M | Put options by funds: $103M
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$37.5M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$16.2M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$15.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$15M |
| 5 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EW
Evoke Wealth
Los Angeles,
California
|
-$44.7M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$41.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$25.1M |
| 4 |
JP Morgan Chase
New York
|
-$21.7M |
| 5 |
IGM
Incline Global Management
New York
|
-$20.6M |
VAC Hedge Fund Activity: Q3 2023 in Review
334 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q3 2023, worth a combined $2.98B — down 21% from $3.78B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of VAC and 41 opened new positions — a net loss of 26 holders — while 117 trimmed existing stakes and 88 added.
The largest buyer was Millennium Management, adding an estimated $37.5M. The largest seller was Evoke Wealth, exiting entirely with an estimated $44.7M sold.
- 334 institutional investors held Marriott Vacations Worldwide (VAC) as of Q3 2023, down from 365 in Q2 2023.
- Funds reported $2.98B of Marriott Vacations Worldwide stock for Q3 2023, down 21% quarter-over-quarter.
- 41 funds opened new Marriott Vacations Worldwide positions in Q3 2023 and 67 closed out, a net change of -26 holders.
- The largest Marriott Vacations Worldwide buyer in Q3 2023 was Millennium Management, an estimated $37.5M added.
- The largest Marriott Vacations Worldwide seller in Q3 2023 was Evoke Wealth, an estimated $44.7M sold.
Based on aggregated 13F filings for Q3 2023.