PARK HOTELS & RESORTS INC PK
COM · REIT · CUSIP 700517105 · ISIN US7005171050
Real estate investment trust
- SectorConsumer discretionary
- IndustryHotels & Motels
- HeadquartersTysons, VA
- Websitepkhotelsandresorts.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.1m this quarter). Holder counts are more reliable. Shares outstanding: 215.7m as of 2023-07-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.81. Options: 5 managers hold calls ($1.3m notional), 7 hold puts ($2.3m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 306 |
| Q4 2022 | 296 |
| Q1 2023 | 298 |
| Q2 2023 | 320 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 148 | 148 |
| Q1 2023 | 143 | 144 |
| Q2 2023 | 150 | 155 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $6.9m | $8.0m | 1.16 |
| Q4 2022 | $5.1m | $4.3m | 0.84 |
| Q1 2023 | $2.0m | $2.6m | 1.29 |
| Q2 2023 | $1.3m | $2.3m | 1.83 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +4.0m |
| Balyasny Asset Management L.P. | New | +2.2m |
| Heitman Real Estate Securities LLC | New | +1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.1m |
| Alyeska Investment Group, L.P. | New | +1.0m |
| AMERICAN CENTURY COMPANIES INC | New | +968.9k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | Added | +886.6k |
| RUSH ISLAND MANAGEMENT, LP | Added | +714.0k |
| PEREGRINE CAPITAL MANAGEMENT LLC | New | +698.5k |
| JPMORGAN CHASE & CO | Added | +406.6k |
Biggest sellers
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Sold out | -3.2m |
| STRS OHIO | Reduced | -2.5m |
| PRUDENTIAL FINANCIAL INC | Reduced | -1.4m |
| BlackRock Inc. | Reduced | -972.4k |
| TWO SIGMA ADVISERS, LP | Sold out | -618.6k |
| APG Asset Management US Inc. | Reduced | -593.9k |
| CITADEL ADVISORS LLC | Reduced | -560.2k |
| D. E. Shaw & Co., Inc. | Reduced | -496.7k |
| RPG Investment Advisory, LLC | Sold out | -444.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -435.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $411.5k32.1k shares |
| CITADEL ADVISORS LLC | Reduced | $365.4k28.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $311.0k24.3k shares |
| GROUP ONE TRADING LLC | Reduced | $198.7k15.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $729.5k56.9k shares |
| GROUP ONE TRADING LLC | Reduced | $585.9k45.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $376.9k29.4k shares |
| JANE STREET GROUP, LLC | Added | $242.3k18.9k shares |
| SIMPLEX TRADING, LLC | Added | $228.0k17.8k shares |
| WOLVERINE TRADING, LLC | New | $186.4k14.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +2.8 pts · filed 2026-07-29 | 14.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.0% |
| DONALD SMITH & CO., INC. 13G · institution -1.1 pts · filed 2026-08-11 | 7.2% |
| STATE STREET CORP 13G · institution +0.5 pts · filed 2026-08-07 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.2% |
Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (4.9%, 2026-08-12), RM Trading of Florida LLC (1.4%, 2026-05-08), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $151.3k | 1 | $76.7k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $35.6k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 32.8m $420.0m | Reduced -376.3k |
| BlackRock Inc. 0.01% of their portfolio | 29.2m $374.9m | Reduced -972.4k |
| STATE STREET CORP 0.01% of their portfolio | 12.5m $162.4m | Reduced -103.5k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 11.4m $145.6m | Added +4.0m |
| RUSH ISLAND MANAGEMENT, LP 9.19% of their portfolio | 7.0m $90.0m | Added +714.0k |
| PGGM Investments 0.84% of their portfolio | 4.0m $51.7m | Unchanged |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.91% of their portfolio | 4.0m $50.7m | Added +358.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.9m $50.3m | Added +406.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $46.9m | Reduced -15.9k |
| Vulcan Value Partners, LLC 0.57% of their portfolio | 3.6m $45.6m | Reduced -316.8k |
| DONALD SMITH & CO., INC. 1.48% of their portfolio | 3.3m $42.9m | Added +213 |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.1m $39.1m | Added +28.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 2.8m $36.0m | Added +1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.7m $34.0m | Reduced -41.1k |
| H/2 CREDIT MANAGER LP 10.25% of their portfolio | 2.6m $33.7m | Unchanged |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.6m $33.0m | Added +18.9k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 2.6m $32.7m | Added +109.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $28.9m | Reduced -553 |
| PERRY CREEK CAPITAL LP 9.24% of their portfolio | 2.3m $28.9m | Reduced -325.0k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 2.2m $28.3m | New |
| NORGES BANK 0.01% of their portfolio | 2.0m $26.1m | Added +44.3k |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $26.0m | Added +32.4k |
| PRIVATE MANAGEMENT GROUP INC 1.03% of their portfolio | 1.9m $24.3m | Added +70.3k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 1.9m $23.8m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.7m $18.7m | Added +346.2k |
| Legal & General Group Plc 0.01% of their portfolio | 1.7m $21.5m | Reduced -143.6k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 4.24% of their portfolio | 1.7m $21.4m | Added +886.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 1.6m $21.0m | Added +70.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.6m $20.2m | Reduced -152.6k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 1.5m $19.2m | Reduced -425.2k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 0.76% of their portfolio | 1.5m $19.1m | Reduced -32.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.4m $17.4m | Unchanged |
| Heitman Real Estate Securities LLC 0.92% of their portfolio | 1.3m $16.6m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.3m $16.2m | Added +192.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.3m $16.0m | Reduced -79.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio | 1.1m $14.0m | Added +69.3k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 1.1m $13.9m | Reduced -1.4m |
| Epoch Investment Partners, Inc. 0.08% of their portfolio | 1.0m $13.4m | Added +1.8k |
| Invesco Ltd. 0.00% of their portfolio | 1.0m $13.4m | Reduced -59.4k |
| Alyeska Investment Group, L.P. 0.10% of their portfolio | 1.0m $13.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 985.1k $12.6m | Added +11.2k |
| Matthew 25 Management Corp 4.64% of their portfolio | 980.0k $12.6m | Reduced -75.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 968.9k $12.4m | New |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 885.2k $11.3m | Added +109.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 878.8k $11.3m | Added +30.6k |
| STRS OHIO 0.05% of their portfolio | 873.6k $11.2m | Reduced -2.5m |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 847.7k $10.9m | Reduced -330.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 772.9k $9.9m | Reduced -560.2k |
| FMR LLC 0.00% of their portfolio | 748.4k $9.6m | Reduced -411.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 737.6k $9.5m | Reduced -24.9k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 698.5k $9.0m | New |
| ING GROEP NV 0.06% of their portfolio | 616.6k $7.9m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 559.6k $7.2m | Added +291.4k |
| Sound Income Strategies, LLC 0.73% of their portfolio | 551.4k $7.1m | Added +72.6k |
| APG Asset Management US Inc. 0.05% of their portfolio | 509.2k $6.5m | Reduced -593.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 489.8k $6.3m | Reduced -425.8k |
| Swiss National Bank 0.00% of their portfolio | 483.1k $6.2m | Reduced -2.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 404.9k $5.2m | Added +39.4k |
| California Public Employees Retirement System 0.00% of their portfolio | 392.1k $5.0m | Reduced -40.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 385.8k $4.9m | Reduced -25.8k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 376.1k $4.8m | Reduced -73.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 369.7k $4.7m | Added +66.9k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 366.8k $4.9m | Added +216.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 359.4k $4.6m | Reduced -96.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 339.7k $4.4m | Reduced -32.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 325.5k $4.2m | Reduced -66.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 325.3k $4.2m | Reduced -21.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 323.6k $4.1m | Added +57.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 308.7k $4.0m | Added +15.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 307.9k $3.9m | Reduced -174.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 300.0k $3.8m | New |
| Coombe, Bender & Co LLC 2.76% of their portfolio | 295.5k $3.8m | Added +22.8k |
| Retirement Systems of Alabama 0.02% of their portfolio | 277.9k $3.6m | Reduced -15.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 273.1k $3.5m | Reduced -2.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 272.4k $3.5m | Reduced -11.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 258.0k $3.3m | Reduced -42.9k |
| Sculptor Capital LP 0.08% of their portfolio | 250.9k $3.2m | Unchanged |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 246.3k $3.2m | Reduced -5.1k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 242.5k $3.1m | New |
| CastleKnight Management LP 0.63% of their portfolio | 239.0k $3.1m | Reduced -50.1k |
| Blue Zone Wealth Advisors, LLC 1.40% of their portfolio | 236.4k $3.0m | Added +3.4k |
| NATIXIS 0.02% of their portfolio | 225.2k $2.9m | Reduced -179.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 221.3k $2.8m | Added +142.7k |
| BARCLAYS PLC 0.00% of their portfolio | 218.6k $2.8m | Reduced -46.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 216.3k $2.8m | Reduced -496.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 200.3k $2.6m | Reduced -26.9k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 198.2k $2.5m | Reduced -351.1k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio | 197.1k $2.5m | New |
| GSI Capital Advisors LLC 1.52% of their portfolio | 194.5k $2.5m | New |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 191.7k $2.5m | Reduced -63.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 189.4k $2.4m | Reduced -11.9k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 188.1k $2.4m | Added +128.7k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 185.1k $2.4m | Added +15.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 177.8k $2.3m | Reduced -271.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 176.1k $2.3m | Reduced -12.8k |
| Employees Retirement System of Texas 0.03% of their portfolio | 175.0k $2.2m | Reduced -90.0k |
| Amundi 0.00% of their portfolio | 169.4k $2.3m | Added +7.6k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 157.6k $2.0m | Reduced -23.5k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 156.6k $2.0m | New |
| South Dakota Investment Council 0.04% of their portfolio | 151.3k $1.9m | Unchanged |