Apollo Affiliates Update 13D After Selling $250M in Secondary Offering
HGV sits 32% above its 52-week low of $36.79.
Summary
Apollo affiliates have updated their Schedule 13D to reflect the sale of 5 million shares for $250 million, reducing their beneficial ownership to 16.9%.
Key Events · Ownership and Investor Activity · HGV
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Apollo Reduces Stake
Apollo affiliates sold 5,000,000 shares of common stock at $50.00 per share on June 4, 2026, totaling $250 million.
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Updated Beneficial Ownership
Following the sale, Apollo's aggregate beneficial ownership in Hilton Grand Vacations Inc. has decreased to 16.9% of the outstanding common stock.
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Follows Prior Disclosures
This Schedule 13D/A formally updates Apollo's ownership after a secondary offering that was previously announced on June 2nd and June 4th.
Analysis · HGV · Real Estate & Construction
Apollo affiliates have formally updated their Schedule 13D to reflect the sale of 5 million shares for $250 million in a secondary offering. This transaction, which was previously announced, significantly reduces Apollo's beneficial ownership to 16.9% of the outstanding common stock. While the sale itself was disclosed earlier, this filing provides the definitive post-transaction ownership stake.
At the time of this filing, HGV was trading at $48.56 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $36.79 to $53.82. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.