Deroy & Devereaux Reduces Stake in United Parks & Resorts

Investment firm lowers position in theme park operator by 4.2% in Q4 2025

Apr. 19, 2026 at 11:18am

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An extreme close-up of the gears, pulleys, and mechanical components of a large theme park ride, captured in high contrast black and white photography to convey the industrial scale and precision underlying the theme park experience.The intricate machinery powering United Parks & Resorts' expansive theme park empire reflects the industry's capital-intensive nature and operational complexities.Today in Orlando

Deroy & Devereaux Private Investment Counsel Inc. lowered its stake in shares of United Parks & Resorts Inc. (NYSE:PRKS) by 4.2% during the 4th quarter, according to a recent SEC filing. The firm now owns 525,724 shares of the company's stock, valued at $19.08 million.

Why it matters

This news reflects shifting investment strategies and portfolio adjustments by major institutional investors in the theme park industry, which has faced challenges from the pandemic but is showing signs of recovery. United Parks & Resorts operates popular attractions like SeaWorld, Busch Gardens, and Aquatica.

The details

Deroy & Devereaux sold 23,052 shares of United Parks & Resorts during the fourth quarter, reducing its total position to 525,724 shares. Several other large investors, including Nomura Holdings Inc. and CIBC Bancorp USA Inc., have also made significant moves in PRKS stock recently, reflecting the volatility and uncertainty in the theme park sector.

  • Deroy & Devereaux lowered its stake in Q4 2025.
  • United Parks & Resorts stock traded between a 52-week low of $28.77 and a 52-week high of $56.95 during the period.

The players

Deroy & Devereaux Private Investment Counsel Inc.

An investment management firm that lowered its stake in United Parks & Resorts by 4.2% in Q4 2025.

United Parks & Resorts Inc.

A holding company that owns and operates theme parks including SeaWorld, Busch Gardens, and Aquatica.

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What’s next

United Parks & Resorts is scheduled to report its Q1 2026 earnings in early May, which will provide more insight into the company's performance and outlook.

The takeaway

This move by Deroy & Devereaux reflects the ongoing volatility and uncertainty in the theme park industry, as investors carefully monitor factors like attendance, pricing, and the pace of recovery from the pandemic's impact.