- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Broomfield Today
By the People, for the People
Confluence Investment Management Trims Stake in Vail Resorts
Hedge fund reduces position in ski resort operator by 24.2% in Q4
Mar. 21, 2026 at 8:20am
Got story updates? Submit your updates here. ›
Confluence Investment Management LLC, a financial services firm, has trimmed its stake in Vail Resorts, Inc. (NYSE: MTN) by 24.2% in the fourth quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 41,355 shares of the company's stock, down from 54,555 shares previously.
Why it matters
Vail Resorts is one of the largest ski resort operators in the United States, owning and operating a portfolio of premier mountain destinations. Changes in institutional ownership of the company's stock can provide insights into investor sentiment and market expectations around the company's performance.
The details
According to the 13F filing, Confluence Investment Management sold 13,200 shares of Vail Resorts during the fourth quarter, reducing its total position to 41,355 shares. This represents approximately 0.12% of the company's outstanding shares. The firm cited unspecified reasons for the reduction in its Vail Resorts position.
- Confluence Investment Management filed its 13F report for the fourth quarter of 2025 on March 21, 2026.
The players
Confluence Investment Management LLC
A financial services firm that provides investment management services to institutional and individual clients.
Vail Resorts, Inc.
A leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants, and retail outlets, including the iconic Vail ski resort.
The takeaway
The reduction in Confluence Investment Management's stake in Vail Resorts suggests a potential shift in investor sentiment towards the company, though the specific reasons behind the decision are not clear. As a major player in the ski resort industry, changes in Vail Resorts' ownership structure can provide valuable insights into the broader market dynamics and outlook for the company.


