Marriott Vacations Worldwide
238 hedge funds and large institutions have $1.71B invested in Marriott Vacations Worldwide in 2014 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 52 increasing their positions, 93 reducing their positions, and 14 closing their positions.
186% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 14
102% more call options, than puts
Call options by funds: $3.78M | Put options by funds: $1.87M
14% more capital invested
Capital invested by funds: $1.5B → $1.71B (+$206M)
10% more funds holding
Funds holding: 217 → 238 (+21)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.65% less ownership
Funds ownership: 70.97% → 70.33% (-0.65%)
44% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$36.5M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$32M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.63M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.56M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GRS Advisors
Chicago,
Illinois
|
-$44.4M |
| 2 |
Goldman Sachs
New York
|
-$14.8M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$12.7M |
| 4 |
TA
Teachers Advisors
New York
|
-$9.89M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$8.15M |
VAC Hedge Fund Activity: Q4 2014 in Review
238 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q4 2014, worth a combined $1.71B — up 14% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new VAC positions and 14 closed out — a net gain of 26 holders — while 52 added to existing stakes and 93 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $36.5M. The largest seller was GRS Advisors, exiting entirely with an estimated $44.4M sold.
- 238 institutional investors held Marriott Vacations Worldwide (VAC) as of Q4 2014, up from 217 in Q3 2014.
- Funds reported $1.71B of Marriott Vacations Worldwide stock for Q4 2014, up 14% quarter-over-quarter.
- 40 funds opened new Marriott Vacations Worldwide positions in Q4 2014 and 14 closed out, a net change of +26 holders.
- The largest Marriott Vacations Worldwide buyer in Q4 2014 was Victory Capital Management, an estimated $36.5M added.
- The largest Marriott Vacations Worldwide seller in Q4 2014 was GRS Advisors, an estimated $44.4M sold.
Based on aggregated 13F filings for Q4 2014.