Vail Resorts

MTN • NYSE

Vail Resorts is a gambling, resorts & casinos company in the consumer cyclical sector on NYSE, led by Kirsten A. Lynch, with a market cap of $5.1B. As of Q3 2025, 118% of shares are held by 463 institutional investors, with BAMCO INC /NY/ as the largest holder at 15.89%.

Chief Executive OfficerKirsten A. Lynch

Market Cap$5.1B

Gambling, Resorts & Casinos

Consumer Cyclical

Employees56.4K

Websitevailresorts.com

Country

United States of America

Overview

Overview of institutional ownership in MTN as of Q3 2025 with a market cap of $5.4B

All Institutions

Institutions: 463
Value Held: $6.3B
Shares Held: 42.4M
Avg Position: $13.7M
Median Position: $682.6K

Hedge Funds

Hedge Funds: 47
Value Held: $310.3M
Shares Held: 2.1M
Avg Position: $6.6M
Median Position: $2.2M

Ownership Breakdown

Institutional (non-HF)

112.32%

$6.0B

Hedge Funds

5.78%

$310.3M

Retail & Other

Based on market cap of $5.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MTN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BAMCO INC /NY/ Long Only Manager	Ronald Stephen Baron CEO	$853.0M 2.26% of portfolio	15.89% 5.7M shares	≤ Q2 2013 Held for 12y 5m+	$37.7B
C Capital International Investors Institution	-	$748.2M 0.12% of portfolio	13.94% 5.0M shares	Q4 2018 Held for 6y 11m	$615.90B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$541.5M 0.01% of portfolio	10.09% 3.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$527.3M 0.01% of portfolio	9.82% 3.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
C Capital World Investors Institution	-	$450.7M 0.06% of portfolio	8.40% 3.0M shares	Q4 2024 Held for 11 months	$730.00B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$218.0M 0.04% of portfolio	4.06% 1.5M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$168.7M 0.01% of portfolio	3.14% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
O Oasis Management Co Ltd. Institution	-	$152.2M 33.59% of portfolio	2.84% 1.0M shares	Q2 2025 Held for 5 months	$453.2M
F First Pacific Advisors, LLC Long Only Manager	Steven Todd Romick CEO	$151.5M 2.13% of portfolio	2.82% 1.0M shares	Q2 2024 Held for 1y 5m	$7.1B
HARRIS ASSOCIATES L P Long Only Manager	David Gregory Herro Chairman	$134.7M 0.22% of portfolio	2.51% 900.3K shares	Q1 2023 Held for 2y 8m	$62.4B

Net Capital Flow

Institutional buying and selling activity for MTN in Q3 2025

Net Flow: +$159.2M
Buyers: 190
Sellers: 183
Total Bought: +$623.0M
Total Sold: −$463.8M
Avg Position: $13.5M

Biggest Buyers

Institution	Net Bought	Current Position
C Capital World Investors Institution	+$180.8M +1.2M shares	$450.7M 3.0M shares
C CI Private Wealth, LLC RIA/Wealth	+$63.0M +421.3K shares	$63.9M 427.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$40.8M +273.0K shares	$46.5M 311.0K shares
BAMCO INC /NY/ Long Only Manager	+$34.0M +227.1K shares	$853.0M 5.7M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$24.2M +161.6K shares	$82.9M 554.3K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$20.4M +136.5K shares	$218.0M 1.5M shares
UBS Group AG Institution	+$19.5M +130.5K shares	$106.7M 713.5K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$16.1M +107.9K shares	$17.0M 114.0K shares
MORGAN STANLEY RIA/Wealth	+$15.6M +104.4K shares	$102.7M 686.5K shares
Marshall Wace LLP Institution	+$14.8M +98.7K shares	$16.8M 112.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
PRINCIPAL FINANCIAL GROUP INC Institution	−$234.8M −1.6M shares	$12.7M 84.9K shares
BANK OF AMERICA CORP /DE/ Institution	−$24.5M −163.7K shares	$33.4M 223.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$21.5M −143.5K shares	$6.4M 43.1K shares
E EMINENCE CAPITAL LLC Hedge Fund•Long/Short	−$14.3M −90.8K shares	Sold Off 0 shares
WELLS FARGO & COMPANY/MN Institution	−$11.9M −79.3K shares	$10.4M 69.5K shares
HARRIS ASSOCIATES L P Long Only Manager	−$10.8M −72.2K shares	$134.7M 900.3K shares
B BlackRock, Inc. Institution	−$10.1M −67.5K shares	$527.3M 3.5M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$9.7M −64.6K shares	$5.5M 36.5K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$9.6M −64.2K shares	$17.2M 115.3K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	−$8.5M −53.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MTN in Q3 2025

New Positions: 29
New Value: $37.2M
Exited Positions: 57
Exited Value: $65.7M

New Positions

Institution	Position Value
E Eldred Rock Partners, LLC Long Only Manager	$13.6M 90.7K shares
CONFLUENCE INVESTMENT MANAGEMENT LLC Long Only Manager	$8.2M 54.6K shares
KING LUTHER CAPITAL MANAGEMENT CORP Long Only Manager	$4.4M 29.7K shares
O Orvieto Partners, L.P. Hedge Fund•Value	$3.7M 25.0K shares
K Kazazian Asset Management, LLC Hedge Fund•Long/Short	$1.3M 8.7K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$1.2M 7.9K shares
Pensionmark Financial Group, LLC Pension/Endowment	$1.1M 7.5K shares
P Permanent Capital Management, LP RIA/Wealth	$1.1M 7.3K shares
Vestmark Advisory Solutions, Inc. Fund of Funds	$504.9K 3.4K shares
Icon Wealth Advisors, LLC RIA/Wealth	$444.7K 3.0K shares

Exited Positions

Institution	Previous Position
E EMINENCE CAPITAL LLC Hedge Fund•Long/Short	$14.3M 90.8K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$8.5M 53.8K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.7M 23.5K shares
H HRT FINANCIAL LLC Institution	$3.6M 23.1K shares
W Winton Capital Group Ltd Institution	$3.2M 20.4K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$2.6M 16.6K shares
B BRADLEY FOSTER & SARGENT INC/CT RIA/Wealth	$2.6M 16.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$2.4M 15.4K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$2.2M 14.1K shares
NGAM ADVISORS, L.P. Long Only Manager	$2.2M 13.8K shares

Options Activity

Institutions with the largest Call and Put options positions in MTN as of Q3 2025

Call Positions: 17
Call Value: $89.2M
Put Positions: 14
Put Value: $138.8M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$23.1M 1.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$14.8M 988.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$7.4M 492.0 contracts
J JANE STREET GROUP, LLC Institution	$6.2M 412.0 contracts
Walleye Trading LLC RIA/Wealth	$5.5M 365.0 contracts
S Symmetry Investments LP Institution	$4.5M 300.0 contracts
Quinn Opportunity Partners LLC Hedge Fund•Event Driven	$4.5M 300.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.4M 294.0 contracts
W WOLVERINE TRADING, LLC Institution	$3.8M 254.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$3.6M 242.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$62.8M 4.2K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$35.7M 2.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$10.6M 712.0 contracts
S Symmetry Investments LP Institution	$6.6M 440.0 contracts
W WOLVERINE TRADING, LLC Institution	$6.4M 435.0 contracts
J JANE STREET GROUP, LLC Institution	$6.2M 414.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$3.8M 253.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.8M 120.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.8M 118.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$1.5M 103.0 contracts

Most Committed Institutions

Institutions with MTN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
O Oasis Management Co Ltd. Institution	-	33.59% $152.2M	2.84% 1.0M shares	Q2 2025 Held for 5 months	$453.2M
M Michelson Medical Research Foundation, Inc. Institution	-	11.18% $12.9M	0.24% 86.0K shares	Q3 2024 Held for 1y 2m	$115.0M
S Soapstone Management L.P. Hedge Fund•Long/Short	Jed Franco Nussdorf Managing Partner	8.43% $12.4M	0.23% 83.0K shares	Q2 2024 Held for 1y 5m	$147.3M
PERRY CREEK CAPITAL LP Hedge Fund•Event Driven	Adeel Ali Qalbani CEO	6.66% $11.4M	0.21% 76.2K shares	Q2 2025 Held for 5 months	$171.4M
GRS Advisors, LLC Real Assets	Michael Jacob Geller CIO	6.33% $67.6M	1.26% 452.1K shares	Q2 2025 Held for 5 months	$1.1B
Aperture Investors, LLC Hedge Fund•Multi-Strategy	Peter Steven Kraus CEO	3.47% $25.0M	0.47% 166.9K shares	Q2 2025 Held for 5 months	$719.9M
E Eldred Rock Partners, LLC Long Only Manager	Stefan Friederich Grater Managing Partner	3.38% $13.6M	0.25% 90.7K shares	Q3 2025 Held for 2 months	$401.0M
F FIRETRAIL INVESTMENTS PTY LTD Institution	-	3.26% $13.0M	0.24% 87.8K shares	Q2 2025 Held for 5 months	$399.3M
I IAT REINSURANCE CO LTD. Institution	-	3.23% $12.6M	0.23% 84.0K shares	Q4 2014 Held for 10y 11m	$388.9M
O Orvieto Partners, L.P. Hedge Fund•Value	Michael James Tucker Partner	3.17% $3.7M	0.07% 25.0K shares	Q3 2025 Held for 2 months	$118.0M

Hedge Fund Spotlight

Discover hedge funds investing in MTN

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in Vail Resorts

Market Value: $221.4K
Shares Held: 1.5K
Portfolio Weight: 0.02%
Owned Since: 2024-Q1

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