HLT ranks #316 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
HLT is a top-conviction position for Foxhaven Asset Management, LP — at 8.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in HLT belongs to BlackRock, Inc., but the position matters far more to Foxhaven Asset Management, LP, who has 8.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Fisher Funds Management LTD has added to its HLT position for two straight quarters, increasing it by $1.8M to reach $6.7M today.
PineStone Asset Management Inc. has trimmed its HLT position for two straight quarters, cutting it by $30.7M while still holding $193.3M.
HLT is up 0.6% today, and institutions have been net buyers of $23.8B this quarter — today's price move and the underlying institutional flow are pointing the same direction.