Marriott Vacations Worldwide
333 hedge funds and large institutions have $3.45B invested in Marriott Vacations Worldwide in 2019 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 89 increasing their positions, 118 reducing their positions, and 50 closing their positions.
1% less capital invested
Capital invested by funds: $3.49B → $3.45B (-$41.5M)
2.75% less ownership
Funds ownership: 82.65% → 79.9% (-2.8%)
6% less funds holding
Funds holding: 353 → 333 (-20)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
25% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 118
30% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 50
49% less call options, than puts
Call options by funds: $13M | Put options by funds: $25.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.9M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$23.8M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$17.6M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$17.3M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$28.4M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
-$28.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$22.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$21.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21M |
VAC Hedge Fund Activity: Q2 2019 in Review
333 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Marriott Vacations Worldwide (VAC) for Q2 2019, worth a combined $3.45B — down 1.2% from $3.49B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of VAC and 35 opened new positions — a net loss of 15 holders — while 118 trimmed existing stakes and 89 added.
The largest buyer was BlackRock, adding an estimated $28.9M. The largest seller was Waratah Capital Advisors, cutting an estimated $28.4M.
- 333 institutional investors held Marriott Vacations Worldwide (VAC) as of Q2 2019, down from 353 in Q1 2019.
- Funds reported $3.45B of Marriott Vacations Worldwide stock for Q2 2019, down 1.2% quarter-over-quarter.
- 35 funds opened new Marriott Vacations Worldwide positions in Q2 2019 and 50 closed out, a net change of -15 holders.
- The largest Marriott Vacations Worldwide buyer in Q2 2019 was BlackRock, an estimated $28.9M added.
- The largest Marriott Vacations Worldwide seller in Q2 2019 was Waratah Capital Advisors, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2019.