SCHEDULE 13D

Hilton Grand Vacations Inc.

Class I common shares of beneficial interest, par value $0.01 per share · CUSIP: 34966T107

Event date: 2025-08-20

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• APO Corp.Reported CIK 0002012136

  Shares: 7,207,424.40 · Class: 23.6%

• AP Fresco Aggregator, L.P.

  Shares: 6,606,805.70 · Class: 21.6%

• AP Fresco Aggregator GP, LLC

  Shares: 6,606,805.70 · Class: 21.6%

• Apollo Principal Holdings B, L.P.Reported CIK 0001968376

  Shares: 6,606,805.70 · Class: 21.6%

• Apollo Principal Holdings B GP, LLCReported CIK 0002011937

  Shares: 6,606,805.70 · Class: 21.6%

• MAPS Equity Holdings, LLC

  Shares: 600,618.70 · Class: 2.0%

• MAPS TopCo Holdings, LLC

  Shares: 600,618.70 · Class: 2.0%

• MAPS Borrower, LLC

  Shares: 600,618.70 · Class: 2.0%

• Apollo S3 Private Markets FundReported CIK 0001978024

  Shares: 600,618.70 · Class: 2.0%

• Apollo S3 RIC Management, L.P.Reported CIK 0002027334

  Shares: 600,618.70 · Class: 2.0%

• Sliders Management GP, LLC

  Shares: 600,618.70 · Class: 2.0%

• Apollo Capital Management, L.P.Reported CIK 0001456421

  Shares: 600,618.70 · Class: 2.0%

• Apollo Capital Management GP, LLCReported CIK 0001456419

  Shares: 600,618.70 · Class: 2.0%

• Apollo Management Holdings, L.P.Reported CIK 0001449434

  Shares: 600,618.70 · Class: 2.0%

• Apollo Management Holdings GP, LLCReported CIK 0001449433

  Shares: 600,618.70 · Class: 2.0%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.