Lionstone Capital Management’s Travel + Leisure Co TNL Stock Holding History

Lionstone Capital Management’s Portfolio TNL Stock Details TNL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-144,130	Closed	-$4.73M	–	14
2015 Q4	$4.73M	Sell	144,130 -144,130	-50%	-$4.97M	2.52%	13
2015 Q3	$9.36M	Hold	288,260	–	–	4.9%	11
2015 Q2	$10.7M	Hold	288,260	–	–	4.95%	12
2015 Q1	$11.8M	Sell	288,260 -78,544	-21%	-$3.13M	5.5%	11
2014 Q4	$14.2M	Hold	366,804	–	–	6.95%	9
2014 Q3	$13.5M	Hold	366,804	–	–	7.28%	9
2014 Q2	$12.5M	Sell	366,804 -98,125	-21%	-$3.22M	6.24%	7
2014 Q1	$15.4M	Hold	464,929	–	–	7.54%	5
2013 Q4	$15.5M	Hold	464,929	–	–	7.47%	6
2013 Q3	$12.8M	Hold	464,929	–	–	7.45%	5
2013 Q2	$12M	Buy	+464,929	New	+$12.8M	7.41%	5

Other funds holding TNL

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

IAM

Iridian Asset Management Westport, Connecticut $291M AUM 49.45% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Lionstone Capital Management's TNL Position: Q1 2016 in Review

Lionstone Capital Management sold out of Travel + Leisure Co (TNL) in Q1 2016, closing a stake of 144,130 shares — an estimated $4.73M sold.

Lionstone Capital Management first reported a position in TNL in Q2 2013 and held it in 11 quarters. The position peaked at $15.5M in Q4 2013. 480 funds tracked by Wall St. Rank hold TNL as of Q1 2016.

Lionstone Capital Management reported no remaining Travel + Leisure Co position as of Q1 2016 after selling out during the quarter.
Lionstone Capital Management sold 144,130 Travel + Leisure Co shares in Q1 2016, an estimated $4.73M.
Lionstone Capital Management first reported a position in Travel + Leisure Co in Q2 2013 and held it in 11 quarters.
Lionstone Capital Management's Travel + Leisure Co position peaked at $15.5M in Q4 2013.
480 funds tracked by Wall St. Rank held Travel + Leisure Co as of Q1 2016.

Based on Lionstone Capital Management's 13F filing for Q1 2016, filed 13 May 2016.