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Marriott Vacations Worldwide

228 hedge funds and large institutions have $1.22B invested in Marriott Vacations Worldwide in 2015 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

244% more call options, than puts

Call options by funds: $11.4M | Put options by funds: $3.31M

7% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 73

1.64% less ownership

Funds ownership: 70.49%68.85% (-1.6%)

5% less funds holding

Funds holding: 240228 (-12)

19% less capital invested

Capital invested by funds: $1.51B → $1.22B (-$294M)

23% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 43

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
228
Holders Change
-12
Holders Change %
-5%
% of All Funds
5.98%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
33
Increased
68
Reduced
73
Closed
43
Calls
$11.4M
Puts
$3.31M
Net Calls
+$8.09M
Net Calls Change
+$8.54M
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$120M +$12.2M +196,827 +10%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$119M +$2.07M +33,371 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$97.2M -$15.2M -243,918 -13%
BFA
4
BlackRock Fund Advisors
California
$95.4M +$4.52M +72,753 +5%
Goldman Sachs
5
Goldman Sachs
New York
$51.5M +$13M +209,924 +30%
Citadel Advisors
6
Citadel Advisors
Florida
$40.2M +$43.6M +702,447 +18,549%
BIT
7
BlackRock Institutional Trust
California
$38M -$2.36M -37,918 -5%
TCM
8
TimesSquare Capital Management
New York
$35.1M +$280K +4,500 +0.7%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$29.7M -$983K -15,823 -3%
State Street
10
State Street
Massachusetts
$28.7M -$469K -7,552 -1%
Principal Financial Group
11
Principal Financial Group
Iowa
$27.2M -$7.26M -116,944 -20%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$22.7M -$1.4M -22,470 -5%
Allianz Asset Management
13
Allianz Asset Management
Germany
$22.1M -$21.8M -350,166 -47%
FMA
14
Fiduciary Management Associates
Illinois
$21.4M +$4.88M +78,510 +26%
Victory Capital Management
15
Victory Capital Management
Texas
$20.9M +$604K +9,730 +3%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$20.4M +$2M +32,170 +10%
Norges Bank
17
Norges Bank
Norway
$19.2M -$1.83M -29,400 -8%
Ameriprise
18
Ameriprise
Minnesota
$18.8M -$172K -2,765 -0.8%
PAM
19
Panagora Asset Management
Massachusetts
$18.3M +$400K +6,441 +2%
Deutsche Bank
20
Deutsche Bank
Germany
$18.1M +$1.56M +25,170 +9%
Northern Trust
21
Northern Trust
Illinois
$17.3M +$652K +10,491 +4%
Prudential Financial
22
Prudential Financial
New Jersey
$17M -$9.6M -154,500 -34%
VOYA Investment Management
23
VOYA Investment Management
Georgia
$16.8M +$3.45M +55,561 +23%
RCAMU
24
Rothschild & Co Asset Management US
Connecticut
$15.4M +$636K +10,234 +4%
Loomis, Sayles & Company
25
Loomis, Sayles & Company
Massachusetts
$14.2M -$260K -4,190 -2%

VAC Hedge Fund Activity: Q4 2015 in Review

228 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q4 2015, worth a combined $1.22B — down 19% from $1.51B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of VAC and 33 opened new positions — a net loss of 10 holders — while 73 trimmed existing stakes and 68 added.

The largest buyer was Citadel Advisors, adding an estimated $43.6M. The largest seller was RS Investment Management, exiting entirely with an estimated $42.9M sold.

  • 228 institutional investors held Marriott Vacations Worldwide (VAC) as of Q4 2015, down from 240 in Q3 2015.
  • Funds reported $1.22B of Marriott Vacations Worldwide stock for Q4 2015, down 19% quarter-over-quarter.
  • 33 funds opened new Marriott Vacations Worldwide positions in Q4 2015 and 43 closed out, a net change of -10 holders.
  • The largest Marriott Vacations Worldwide buyer in Q4 2015 was Citadel Advisors, an estimated $43.6M added.
  • The largest Marriott Vacations Worldwide seller in Q4 2015 was RS Investment Management, an estimated $42.9M sold.

Based on aggregated 13F filings for Q4 2015.