VAIL RESORTS INC MTN
COM · Common Stock · CUSIP 91879Q109 · ISIN US91879Q1094
American ski resort operator
- SectorConsumer discretionary
- IndustryServices-Miscellaneous Amusement & Recreation
- HeadquartersBroomfield, CO
- Founded1962
- Websitevailresorts.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 ($11.6m this quarter). Holder counts are more reliable. Shares outstanding: 35.6m as of 2026-06-03, 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 ≈ $136.11. Options: 17 managers hold calls ($91.1m notional), 11 hold puts ($128.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 476 |
| Q4 2022 | 512 |
| Q1 2023 | 488 |
| Q2 2023 | 488 |
| Q3 2023 | 505 |
| Q4 2023 | 511 |
| Q1 2024 | 499 |
| Q2 2024 | 478 |
| Q3 2024 | 469 |
| Q4 2024 | 477 |
| Q1 2025 | 453 |
| Q2 2025 | 456 |
| Q3 2025 | 472 |
| Q4 2025 | 462 |
| Q1 2026 | 444 |
| Q2 2026 | 439 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 243 | 228 |
| Q4 2024 | 219 | 233 |
| Q1 2025 | 225 | 252 |
| Q2 2025 | 250 | 220 |
| Q3 2025 | 246 | 180 |
| Q4 2025 | 194 | 270 |
| Q1 2026 | 238 | 208 |
| Q2 2026 | 223 | 212 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $209.6m | $138.8m | 0.66 |
| Q4 2025 | $89.1m | $118.6m | 1.33 |
| Q1 2026 | $179.6m | $109.8m | 0.61 |
| Q2 2026 | $91.1m | $128.4m | 1.41 |
Biggest buyers
| BAMCO INC /NY/ | Added | +1.5m |
| UBS Group AG | Added | +784.9k |
| GOLDMAN SACHS GROUP INC | Added | +301.1k |
| Oasis Management Co Ltd. | Added | +240.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +181.9k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +168.0k |
| Gotham Asset Management, LLC | Added | +142.3k |
| HighTower Advisors, LLC | Added | +131.9k |
| First Pacific Advisors, LP | Added | +128.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +106.8k |
Biggest sellers
| EMINENCE CAPITAL, LP | Sold out | -714.1k |
| NOMURA HOLDINGS INC | Sold out | -279.4k |
| MORGAN STANLEY | Reduced | -276.2k |
| Capital International Investors | Reduced | -193.0k |
| D. E. Shaw & Co., Inc. | Reduced | -145.2k |
| Artisan Partners Limited Partnership | Reduced | -113.7k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | Reduced | -97.6k |
| Clearline Capital LP | Reduced | -89.5k |
| Michelson Medical Research Foundation, Inc. | Sold out | -86.0k |
| NORDEA INVESTMENT MANAGEMENT AB | Sold out | -77.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $26.8m196.7k shares |
| JANE STREET GROUP, LLC | Added | $19.6m144.1k shares |
| CITADEL ADVISORS LLC | Reduced | $9.2m67.9k shares |
| IMC-Chicago, LLC | Added | $7.8m57.5k shares |
| D. E. Shaw & Co., Inc. | New | $6.2m45.9k shares |
| DRW Securities, LLC | New | $4.3m31.4k shares |
| Caption Management, LLC | Unchanged | $4.2m31.0k shares |
| Schonfeld Strategic Advisors LLC | New | $2.7m20.0k shares |
| SIMPLEX TRADING, LLC | Added | $2.3m17.1k shares |
| Squarepoint Ops LLC | Added | $1.9m14.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $74.1m544.3k shares |
| CITADEL ADVISORS LLC | Reduced | $16.8m123.5k shares |
| IMC-Chicago, LLC | New | $9.2m67.4k shares |
| GROUP ONE TRADING LLC | New | $7.8m57.4k shares |
| JANE STREET GROUP, LLC | Reduced | $7.5m55.4k shares |
| Walleye Trading LLC | Unchanged | $4.3m31.8k shares |
| SIMPLEX TRADING, LLC | New | $3.3m24.4k shares |
| Hudson Bay Capital Management LP | New | $2.4m17.5k shares |
| HRT FINANCIAL LP | New | $1.2m8.8k shares |
| Walleye Capital LLC | Added | $1.2m8.7k 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 |
|---|---|
| BAMCO INC /NY/ 13G · institution +4.2 pts · filed 2026-08-14 | 18.3% |
| Capital World Investors 13G · institution +3.7 pts · filed 2026-02-06 | 12.1% |
| Capital International Investors 13G · institution -2.0 pts · filed 2026-05-14 | 11.4% |
| Oasis Management Co Ltd. 13D · may seek influence +1.6 pts · filed 2026-09-29 | 9.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 1 | $28.6k | 3 | $2.1m | — |
| Q1 2025 | 1 | $29.6k | 0 | — | — |
| Q2 2025 | 1 | $31.4k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $32.5k | 0 | — | — |
| Q1 2026 | 2 | $5.0m | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BAMCO INC /NY/ 1.34% of their portfolio | 6.5m $890.0m | Added +1.5m |
| Capital World Investors 0.07% of their portfolio | 4.4m $593.1m | Reduced -70.2k |
| Capital International Investors 0.11% of their portfolio | 3.8m $520.1m | Reduced -193.0k |
| BlackRock, Inc. 0.01% of their portfolio | 3.4m $464.7m | Added +36.8k |
| Oasis Management Co Ltd. 34.23% of their portfolio | 2.3m $317.1m | Added +240.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $236.1m | Added +44.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 1.7m $231.4m | Added +8.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.6m $218.3m | Reduced -2.1k |
| UBS Group AG 0.03% of their portfolio | 1.5m $205.1m | Added +784.9k |
| First Pacific Advisors, LP 2.20% of their portfolio | 1.3m $177.7m | Added +128.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.3m $177.0m | Added +106.8k |
| FMR LLC 0.01% of their portfolio | 1.2m $160.9m | Reduced -18.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $157.3m | Added +33.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 965.2k $131.4m | Reduced -11.5k |
| HARRIS ASSOCIATES L P 0.14% of their portfolio | 764.4k $104.1m | Added +18.8k |
| HighTower Advisors, LLC 0.09% of their portfolio | 712.4k $97.0m | Added +131.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 666.8k $90.8m | Added +17.8k |
| MORGAN STANLEY 0.00% of their portfolio | 495.2k $67.4m | Reduced -276.2k |
| River Road Asset Management, LLC 0.75% of their portfolio | 494.4k $67.3m | Reduced -9.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 479.0k $65.2m | Added +58.0k |
| Corient Private Wealth LP 0.08% of their portfolio | 407.0k $55.4m | Reduced -4.9k |
| Epoch Investment Partners, Inc. 0.31% of their portfolio | 398.2k $54.2m | Added +10.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 365.4k $49.7m | Reduced -1.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 351.2k $47.8m | Added +301.1k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.88% of their portfolio | 271.8k $37.0m | Added +68.9k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 229.4k $31.2m | Added +2.7k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 215.6k $29.4m | Added +181.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 212.5k $28.9m | Added +20.2k |
| Gotham Asset Management, LLC 0.05% of their portfolio | 168.5k $22.9m | Added +142.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 168.0k $22.9m | New |
| SEI INVESTMENTS CO 0.02% of their portfolio | 165.2k $22.5m | Reduced -21.4k |
| Aperture Investors, LLC 2.33% of their portfolio | 160.9k $21.9m | Added +48.0k |
| Artisan Partners Limited Partnership 0.03% of their portfolio | 156.2k $21.3m | Reduced -113.7k |
| NORGES BANK 0.00% of their portfolio | 155.4k $21.2m | Not comparable |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.03% of their portfolio | 147.2k $20.0m | Reduced -12.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 140.9k $19.2m | Reduced -9.7k |
| HRT FINANCIAL LP 0.04% of their portfolio | 128.2k $17.5m | Added +29.6k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.78% of their portfolio | 117.1k $15.9m | Added +292 |
| LONDON CO OF VIRGINIA 0.09% of their portfolio | 111.5k $15.2m | Reduced -6.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 110.7k $15.1m | Added +4.3k |
| ALPS ADVISORS INC 0.07% of their portfolio | 110.4k $15.0m | Added +9.2k |
| WESTWOOD HOLDINGS GROUP INC 0.11% of their portfolio | 109.7k $14.9m | Reduced -6.2k |
| ARIEL INVESTMENTS, LLC 0.15% of their portfolio | 109.1k $14.9m | Reduced -3.2k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 3.65% of their portfolio | 109.0k $14.8m | Reduced -97.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 108.9k $14.8m | Reduced -18.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 106.0k $14.4m | Reduced -21.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 105.7k $14.4m | Reduced -1.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 104.7k $14.3m | Added +7.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 104.5k $14.2m | Reduced -1.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 94.7k $12.9m | Reduced -18.3k |
| Marathon Asset Management Ltd 0.51% of their portfolio | 91.7k $12.7m | Reduced -25.6k |
| Lodge Hill Capital, LLC 2.05% of their portfolio | 90.0k $12.3m | New |
| Eldred Rock Partners, LLC 2.57% of their portfolio | 87.7k $11.9m | Added +5.9k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.35% of their portfolio | 84.5k $11.5m | Added +25.5k |
| IAT REINSURANCE CO LTD. 4.09% of their portfolio | 84.0k $6.8m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 80.6k $11.0m | Added +148 |
| Ceredex Value Advisors LLC 0.30% of their portfolio | 77.4k $10.5m | Added +29.1k |
| PERRY CREEK CAPITAL LP 4.75% of their portfolio | 76.2k $10.4m | Unchanged |
| Capital International, Inc./CA/ 0.07% of their portfolio | 75.9k $10.3m | Reduced -138 |
| Invenomic Capital Management LP 0.61% of their portfolio | 75.2k $10.2m | Reduced -35.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 73.9k $10.1m | Added +25.3k |
| Swiss National Bank 0.01% of their portfolio | 71.5k $9.7m | Added +700 |
| Nuveen, LLC 0.00% of their portfolio | 70.2k $9.6m | Added +10.9k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 69.5k $9.5m | Added +52.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 69.4k $9.5m | Added +2.4k |
| Invesco Ltd. 0.00% of their portfolio | 69.4k $9.4m | Added +1.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 69.0k $9.6m | Reduced -5.5k |
| South Dakota Investment Council 0.16% of their portfolio | 68.0k $9.3m | Reduced -1.5k |
| FIRETRAIL INVESTMENTS PTY LTD 2.53% of their portfolio | 66.3k $9.0m | Reduced -1.6k |
| California Public Employees Retirement System 0.00% of their portfolio | 58.1k $7.9m | Reduced -5.8k |
| Orvieto Partners, L.P. 5.95% of their portfolio | 58.0k $7.9m | Added +18.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 57.4k $7.7m | Added +524 |
| HUNTINGTON NATIONAL BANK 0.04% of their portfolio | 57.0k $7.8m | Reduced -1.8k |
| Legal & General Group Plc 0.00% of their portfolio | 54.5k $7.4m | Added +633 |
| BRADLEY FOSTER & SARGENT INC/CT 0.10% of their portfolio | 52.1k $7.1m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 48.6k $6.2m | Reduced -3.4k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 47.5k $6.5m | Added +23.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 45.3k $6.2m | Added +754 |
| Empowered Funds, LLC 0.03% of their portfolio | 44.4k $6.0m | Added +6.5k |
| CITIGROUP INC 0.00% of their portfolio | 44.3k $6.0m | Added +7.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 43.6k $5.9m | Reduced -64.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 43.4k $5.9m | Reduced -33.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 41.4k $5.6m | Added +7.7k |
| TD Asset Management Inc 0.00% of their portfolio | 41.2k $5.6m | Reduced -12.5k |
| Tenere Capital LLC 4.40% of their portfolio | 40.7k $5.5m | New |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 40.6k $5.5m | Added +4.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 40.5k $5.5m | Reduced -1.6k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.02% of their portfolio | 39.4k $5.4m | Added +37.9k |
| Retirement Systems of Alabama 0.02% of their portfolio | 36.9k $5.0m | Reduced -7.0k |
| Clearline Capital LP 0.31% of their portfolio | 35.0k $4.8m | Reduced -89.5k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 34.3k $4.7m | Added +2.5k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 34.1k $4.6m | Reduced -3.1k |
| MAC Alpha Capital Management, LP 2.12% of their portfolio | 33.7k $4.6m | Added +8.8k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.89% of their portfolio | 32.0k $4.4m | Unchanged |
| Slagle Financial, LLC 1.26% of their portfolio | 30.8k $4.2m | New |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 30.7k $4.2m | Added +2.5k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 29.8k $4.1m | Added +4.7k |
| Quadrature Capital Ltd 0.03% of their portfolio | 29.7k $4.0m | New |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 28.5k $3.9m | Reduced -327 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 28.3k $3.8m | Added +680 |