Vail Resorts (MTN): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
6 concentrated managers hold it (−1 vs last quarter); combined they have held more shares for 2 quarters in a row (2 added, 1 trimmed). Its median weight in those portfolios is 2.1%.
Who owns Vail Resorts?
Holders reporting more than 5% of the shares to the SEC (Schedules 13D/13G): Bamco, 18.3% (13G/A filed Aug 14, 2026), Capital World Investors, 12.1% (13G/A filed Feb 6, 2026), Capital International Investors, 11.4% (13G/A filed May 14, 2026), Oasis Management, 9.6% (13D/A filed Nov 3, 2026) and Vanguard Capital Management, 5.3% (13G filed Apr 30, 2026). As of Jun 30, 2026, the largest holders reported on Form 13F were Bamco (18.3% of the shares), Capital World Investors (12.2%) and Capital International Investors (10.7%).
Which institutions hold the most Vail Resorts shares?
Per Form 13F filings as of Jun 30, 2026, as a share of all shares outstanding:
- 1. Bamco: 18.3%
- 2. Capital World Investors: 12.2%
- 3. Capital International Investors: 10.7%
- 4. BlackRock: 9.6%
- 5. Oasis Management: 6.5%
- 6. Geode Capital Management: 4.9%
- 7. Vanguard Portfolio Management: 4.8%
- 8. Vanguard Capital Management: 4.5%
- 9. UBS Group: 4.2%
- 10. First Pacific Advisors: 3.7%
Sources:13G/A by Bamco (Aug 14, 2026) ↗13G/A by Capital World Investors (Feb 6, 2026) ↗13G/A by Capital International Investors (May 14, 2026) ↗13D/A by Oasis Management (Nov 3, 2026) ↗13G by Vanguard Capital Management (Apr 30, 2026) ↗All of the company's proxy statements on EDGAR ↗
13F percentages divide the shares each institution reports by the shares outstanding on the cover of the company's latest report before the quarter end (Jun 3, 2026). Entities of the same group file separately and are not added up. We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Vail Resorts revenue
Vail Resorts reported annual revenue of $2.84 billion for fiscal year 2026 (year ended July 31, 2026), according to its Form 10-K filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Change in managers (7 → 6): 1 opened · 2 exited = −1
Net flow in the quarter: +$23.1M (+169 K shares) · bought $30.6M and sold $7.5MShares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
Accumulation: combined they have held more shares for 2 quarters in a row (2 added, 1 trimmed). It is the combined share count of those still holding it: one large buyer can outweigh many who trimmed.
The set of concentrated managers changed between quarters: with the set as it was then, 8 held it last quarter (the chart point); with today's set, 7 (the base for the change).
Concentrated managers holding it
- First Pacific AdvisorsIncreased$178M2.2%+0.2 pp
- Lodge Hill CapitalNew$12.3M2.1%+2.1 pp
- Eldred Rock PartnersIncreased$11.9M2.6%+0.2 pp
- Firetrail Investments PTYReduced$9.0M2.5%−0.1 pp
- California First Leasing$3.2M0.7%
- Whetstone Capital Advisors$242K0.1%
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Largest holders of MTN (all 13F filers)
- Bamco6.5 MInvestment firm · 18.34% of the company+1.5 M
- Capital World Investors4.4 MInvestment firm · 12.22% of the company−70 K
- Capital International Investors3.8 MInvestment firm · 10.72% of the company−193 K
- BlackRock3.4 MIndex manager · 9.58% of the company+37 K
- Oasis Management2.3 MType not verified · 6.54% of the company+241 K
- Geode Capital Management1.7 MIndex manager · 4.86% of the company+45 K
- Vanguard Portfolio Management1.7 MIndex manager · 4.77% of the company+8,395
- Vanguard Capital Management1.6 MIndex manager · 4.50% of the company−2,093
- UBS Group1.5 MBank or trading desk · 4.23% of the company+785 K
- First Pacific Advisorsconcentrated1.3 MInvestment firm · 3.66% of the company+129 K
- Shares
- 6.5 M
- Change
- +1.5 M
- % of the company
- 18.34%
See more
- Type
- Investment firm
- Value
- $890M
- Shares
- 4.4 M
- Change
- −70 K
- % of the company
- 12.22%
See more
- Type
- Investment firm
- Value
- $593M
- Shares
- 3.8 M
- Change
- −193 K
- % of the company
- 10.72%
See more
- Type
- Investment firm
- Value
- $520M
- Shares
- 3.4 M
- Change
- +37 K
- % of the company
- 9.58%
See more
- Type
- Index manager
- Value
- $465M
- Oasis Management
- Shares
- 2.3 M
- Change
- +241 K
- % of the company
- 6.54%
See more
- Type
- Type not verified
- Value
- $317M
- Shares
- 1.7 M
- Change
- +45 K
- % of the company
- 4.86%
See more
- Type
- Index manager
- Value
- $236M
- Shares
- 1.7 M
- Change
- +8,395
- % of the company
- 4.77%
See more
- Type
- Index manager
- Value
- $231M
- Shares
- 1.6 M
- Change
- −2,093
- % of the company
- 4.50%
See more
- Type
- Index manager
- Value
- $218M
- Shares
- 1.5 M
- Change
- +785 K
- % of the company
- 4.23%
See more
- Type
- Bank or trading desk
- Value
- $205M
- First Pacific Advisorsconcentrated
- Shares
- 1.3 M
- Change
- +129 K
- % of the company
- 3.66%
See more
- Type
- Investment firm
- Value
- $178M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Held by institutions (13F)
Institutions (13F): 130.0% of the shares: above 100% (securities lending or double reporting) · top 10: 79.4% · in index firms: 27.2% of the institutional total
Q2 2026: 130.0%
Shares reported by the 441 13F filers as of Jun 30, 2026 (not counting 1 position with implausible figures), divided by the shares outstanding on the cover of the company's latest report (Jun 3, 2026). It is not all institutional ownership: only managers above $100M file a 13F, and it excludes short positions. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. We only publish it where the figure is credible: not for ADRs, companies with more than one share class or stale shares-outstanding data.
Fundamentals
12-month figures to Jul 31, 2026 · balance sheet as of Jul 31, 2026.
- Operating margin
- 14.8%
- Net margin
- 5.2%
- ROE
- 61.3%
- Revenue (TTM)
- $2.8 bn
- Revenue growth
- -4.3%
- Net income (TTM)
- $148M
- Net debt / EBITDA
- 4.0x
- Free cash flow (TTM)
- $248M
- Quality vs sector
- 44/100
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2026: 35.8 M
- 1 year
- −3.8%
- 3 years
- −10.0%
- 5 years
- −12.3%
- Buybacks (FY 2026)
- $45.0M
- Share issuance
- no data
- Stock-based compensation
- $28.2M1.0% of revenue
- Dividends paid
- $317M
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- 3.25
- Interest coverage (operating income ÷ interest)
- 2.1 timesfiscal 2026
- Debt due within 12 months
- $83.9M0.31 times cash and investments
- Year 1$82.6M
- Year 2$71.6M
- Year 3$71.4M
- Year 4$1.7 bn
- Year 5$7.4M
- Later$1.2 bn
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
Flagged material events (8-K)
Change in directors or officers (Item 5.02)
«Vail Resorts Announces Sue Decker Will Transition Off of Board After Eleven Years of Service»
Change in directors or officers (Item 5.02)
«Bill Hornbuckle Appointed to Vail Resorts Board of Directors»
Change in directors or officers (Item 5.02)
«Vail Resorts Appoints Celeste Burgoyne as Chief Revenue Officer»
Alert items the company itself flagged in its 8-K filings with the SEC, most serious first. It is the form's label, with no interpretation from us: Item 5.02 covers routine appointments as well as a chief executive's departure; open the filing. The quoted headline is the original press release's.
All material events (8-K)
Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.
Other Consumer Discretionary stocks in managers' portfolios
Same sector and a similar number of concentrated managers holding them. It is a list to keep exploring, not a recommendation.
- BorgwarnerBWA · 6 managers
- AptivAPTV · 6 managers
- Advance Auto PartsAAP · 7 managers
- Six Flags EntertainmentFUN · 8 managers
- Warby ParkerWRBY · 8 managers
- Norwegian Cruise Line HoldingsNCLH · 8 managers