Travel + Leisure Co
447 hedge funds and large institutions have $8.57B invested in Travel + Leisure Co in 2014 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 164 increasing their positions, 158 reducing their positions, and 39 closing their positions.
31% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 39
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
2% more funds holding
Funds holding: 439 → 447 (+8)
4% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 158
2% more capital invested
Capital invested by funds: $8.43B → $8.57B (+$146M)
46% less call options, than puts
Call options by funds: $41.9M | Put options by funds: $78.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$74.6M |
| 2 |
USSCPF
United States Steel & Carnegie Pension Fund
New York
|
+$36.4M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$35.3M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$34.4M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$357M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$92.4M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$50.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.9M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$30M |
TNL Hedge Fund Activity: Q2 2014 in Review
447 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q2 2014, worth a combined $8.57B — up 1.7% from $8.43B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new TNL positions and 39 closed out — a net gain of 12 holders — while 164 added to existing stakes and 158 trimmed.
The largest buyer was Norges Bank, adding an estimated $74.6M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $357M sold.
- 447 institutional investors held Travel + Leisure Co (TNL) as of Q2 2014, up from 439 in Q1 2014.
- Funds reported $8.57B of Travel + Leisure Co stock for Q2 2014, up 1.7% quarter-over-quarter.
- 51 funds opened new Travel + Leisure Co positions in Q2 2014 and 39 closed out, a net change of +12 holders.
- The largest Travel + Leisure Co buyer in Q2 2014 was Norges Bank, an estimated $74.6M added.
- The largest Travel + Leisure Co seller in Q2 2014 was Lone Pine Capital, an estimated $357M sold.
Based on aggregated 13F filings for Q2 2014.