Victory Capital Management Reduces Stake in Marriott Vacations Worldwide

Institutional investor sells over 37,000 shares of timeshare company

Published on Mar. 8, 2026

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Victory Capital Management Inc., an institutional investor, reduced its stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 5.3% in the third quarter of 2025. The firm now owns approximately 665,982 shares, or 1.92% of the company's stock, valued at $44.3 million.

Why it matters

Marriott Vacations Worldwide is a major player in the timeshare industry, operating a portfolio of branded resorts and a loyalty program. Victory Capital Management's decision to reduce its position in the company could signal broader market trends or concerns about the company's performance.

The details

According to the 13F filing, Victory Capital Management sold 37,494 shares of Marriott Vacations Worldwide during the third quarter. The institutional investor now owns approximately 665,982 shares, or 1.92% of the company's outstanding stock, valued at $44.3 million.

  • Victory Capital Management reduced its stake in the third quarter of 2025.

The players

Victory Capital Management Inc.

An institutional investor that manages over $150 billion in assets for clients.

Marriott Vacations Worldwide Corporation

A leading provider of vacation ownership and related products, headquartered in Orlando, Florida.

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The takeaway

Victory Capital Management's decision to reduce its position in Marriott Vacations Worldwide could signal broader market trends or concerns about the company's performance in the timeshare industry. Investors will be closely watching to see if other institutional investors follow suit or if Marriott Vacations Worldwide can maintain its market share and profitability.