The cluster is small in dollar terms relative to MTN's $5.5B market cap. The selling by Alps Advisors ($10.6M) dominates the buying. Without insider buying or larger active managers participating, this cluster offers limited directional signal. Monitor next 10-Q for any fundamental catalyst.
How similar events traded
Executive Summary
Institutional 13F cluster for Vail Resorts shows 5 small asset managers adding positions (net +$1.8M) while 2 sellers reduced holdings by $10.6M, led by Alps Advisors trimming $10.6M. The net conviction is bullish among buyers, but the aggregate dollar flow is negative (-$8.8M) and the cluster is dominated by small advisors with no insider buying corroboration.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$8.8M
▲ Buyers (5)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Creative Planning | ADD | +80.3% | $2.0M | $921.0K |
| Commonwealth Equity Services | ADD | +40.5% | $1.2M | $359.0K |
| Farther Finance Advisors | DOUBLED | +221.6% | $460.0K | $318.0K |
| Wealth Enhancement Advisory Services | ADD | +38% | $635.0K | $162.0K |
| Assetmark | DOUBLED | +111.6% | $40.0K | $21.0K |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Strs Ohio | TRIM | -34.9% | $101.0K | -$35.0K |
| Alps Advisors | TRIM | -70.5% | $15.0M | -$10.6M |
Key Facts
- 5 buyers added $1.8M in aggregate; 2 sellers reduced $10.6M
- Alps Advisors trimmed 70.5% of its position, selling $10.6M worth
- Largest buyer was Creative Planning, adding $921K (+80.3% shares)
- No open-market insider buying in the window; 13F × Form 4 confluence score 31/100 (institutions only)
- All participants are asset managers; no activist, hedge fund, or sovereign wealth fund involvement
Financial Impact
Aggregate institutional net selling of $8.8M (buyers added $1.8M, sellers removed $10.6M). The largest single move was Alps Advisors reducing $10.6M.
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound
- All participants are small asset managers; no high-conviction activist or hedge fund involvement
- Net dollar flow is negative despite bullish conviction label among buyers
- No insider buying corroboration weakens the bullish signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-MTN-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 3, 2026 today | SC 13D/A | $154.00 | awaiting T+5 | awaiting T+5 | No price |
Nov 3, 2026 1d ago | DEFA14A | $154.76 | awaiting T+5 | awaiting T+5 | No price |
Nov 3, 2026 1d ago | Institutional Cluster | $154.00 | awaiting T+5 | awaiting T+5 | No price |
Nov 2, 2026 1d ago | DFAN14A | $154.82 | awaiting T+5 | awaiting T+5 | No price |
Nov 2, 2026 1d ago | DEFA14A | $154.82 | awaiting T+5 | awaiting T+5 | No price |
Nov 2, 2026 1d ago | DEFA14A | $154.82 | awaiting T+5 | awaiting T+5 | No price |
Oct 30, 2026 4d ago | DEFA14A | $154.82 | awaiting T+5 | awaiting T+5 | No price |
Oct 30, 2026 4d ago | DEFA14A | $154.82 | awaiting T+5 | awaiting T+5 | No price |
Oct 30, 2026 5d ago | PREC14A | $151.83 | awaiting T+5 | awaiting T+5 | No price |
Oct 19, 2026 16d ago | 8-K | $150.54 $151.46 | ▲ +0.61% | ▲ +0.53% | No price |
US Market Status
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