In a quarterly filing that discloses positions held as of June 30, 2026, Clifford Sosin's CAS Investment Partners has revealed a new position in Marriott Vacations Worldwide Corp. The firm acquired 400,000 shares valued at $40.75 million, which constitutes a 2.16% weight in its reported portfolio. The investment was made public on August 14, 2026, due to the delayed reporting requirements for institutional investment managers.
Marriott Vacations Worldwide is a leading global company focused on vacation ownership (timeshares), operating a portfolio of brands that includes Marriott Vacation Club, Sheraton Vacation Club, and Westin Vacation Club. The company also manages exchange networks and rental services for its approximately 120 resorts. This move marks a new bet for CAS, a firm known for its concentrated, value-oriented investment strategy.