Travel + Leisure Co
517 hedge funds and large institutions have $8.27B invested in Travel + Leisure Co in 2017 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 165 increasing their positions, 194 reducing their positions, and 42 closing their positions.
172% more call options, than puts
Call options by funds: $27.6M | Put options by funds: $10.2M
98% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 42
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more capital invested
Capital invested by funds: $7.58B → $8.27B (+$696M)
6% more funds holding
Funds holding: 486 → 517 (+31)
15% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$511M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.1M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$57.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$46M |
| 5 |
Goldman Sachs
New York
|
+$37.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$224M |
| 2 |
First Eagle Investment Management
New York
|
-$54M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$35.8M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$34.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.2M |
TNL Hedge Fund Activity: Q1 2017 in Review
517 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q1 2017, worth a combined $8.27B — up 9.2% from $7.58B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new TNL positions and 42 closed out — a net gain of 41 holders — while 165 added to existing stakes and 194 trimmed.
The largest buyer was BlackRock, adding an estimated $511M. The largest seller was Iridian Asset Management, cutting an estimated $224M.
- 517 institutional investors held Travel + Leisure Co (TNL) as of Q1 2017, up from 486 in Q4 2016.
- Funds reported $8.27B of Travel + Leisure Co stock for Q1 2017, up 9.2% quarter-over-quarter.
- 83 funds opened new Travel + Leisure Co positions in Q1 2017 and 42 closed out, a net change of +41 holders.
- The largest Travel + Leisure Co buyer in Q1 2017 was BlackRock, an estimated $511M added.
- The largest Travel + Leisure Co seller in Q1 2017 was Iridian Asset Management, an estimated $224M sold.
Based on aggregated 13F filings for Q1 2017.