Travel + Leisure Co
455 hedge funds and large institutions have $9.08B invested in Travel + Leisure Co in 2014 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 169 increasing their positions, 177 reducing their positions, and 33 closing their positions.
39% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 33
6% more capital invested
Capital invested by funds: $8.57B → $9.08B (+$500M)
2% more funds holding
Funds holding: 447 → 455 (+8)
5% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 177
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
53% less call options, than puts
Call options by funds: $37.4M | Put options by funds: $78.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$83.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.2M |
| 3 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$34.2M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$30.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$80.9M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$62.6M |
| 3 |
VM
Valinor Management
New York
|
-$50.1M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$38.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.5M |
TNL Hedge Fund Activity: Q3 2014 in Review
455 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2014, worth a combined $9.08B — up 5.8% from $8.57B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TNL positions and 33 closed out — a net gain of 13 holders — while 169 added to existing stakes and 177 trimmed.
The largest buyer was Ameriprise, adding an estimated $83.4M. The largest seller was Norges Bank, cutting an estimated $80.9M.
- 455 institutional investors held Travel + Leisure Co (TNL) as of Q3 2014, up from 447 in Q2 2014.
- Funds reported $9.08B of Travel + Leisure Co stock for Q3 2014, up 5.8% quarter-over-quarter.
- 46 funds opened new Travel + Leisure Co positions in Q3 2014 and 33 closed out, a net change of +13 holders.
- The largest Travel + Leisure Co buyer in Q3 2014 was Ameriprise, an estimated $83.4M added.
- The largest Travel + Leisure Co seller in Q3 2014 was Norges Bank, an estimated $80.9M sold.
Based on aggregated 13F filings for Q3 2014.