United Parks & Resorts Sees Trimmed Position by Simcoe Capital

Hedge fund reduces stake in theme park operator by 28% in Q3

Mar. 14, 2026 at 10:06am

Simcoe Capital Management LLC, a hedge fund, reduced its position in United Parks & Resorts Inc. (NYSE:PRKS) by 28% during the third quarter of 2025, according to a recent 13F filing. The firm now owns around 1.56 million shares, or about 2.83% of the theme park operator.

Why it matters

United Parks & Resorts, which owns and operates popular theme parks like SeaWorld and Busch Gardens, has seen its stock price fluctuate in recent quarters as the company navigates industry challenges. The reduced stake by Simcoe Capital, a notable institutional investor, could signal broader concerns about the company's performance or outlook.

The details

According to the 13F filing, Simcoe Capital sold 605,777 shares of United Parks & Resorts during Q3 2025, trimming its total position to 1,558,193 shares. The hedge fund remains a top-10 shareholder, with the stock accounting for around 11.7% of its overall portfolio.

  • Simcoe Capital filed its 13F report for Q3 2025 on March 14, 2026.

The players

Simcoe Capital Management LLC

A hedge fund that has been a significant institutional investor in United Parks & Resorts.

United Parks & Resorts Inc.

A holding company that owns and operates theme parks such as SeaWorld and Busch Gardens.

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The takeaway

The reduced stake by Simcoe Capital in United Parks & Resorts could signal broader concerns about the company's performance and outlook, as the theme park industry continues to face challenges. Investors will be watching closely to see if other major institutional holders follow suit or maintain their positions.