Travel + Leisure Co
347 hedge funds and large institutions have $3.46B invested in Travel + Leisure Co in 2020 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 92 increasing their positions, 123 reducing their positions, and 30 closing their positions.
117% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 30
94% more call options, than puts
Call options by funds: $25M | Put options by funds: $12.8M
51% more capital invested
Capital invested by funds: $2.29B → $3.46B (+$1.17B)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
11% more funds holding
Funds holding: 312 → 347 (+35)
0.24% less ownership
Funds ownership: 87.57% → 87.33% (-0.24%)
25% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 123
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$43.9M |
| 2 |
Goldman Sachs
New York
|
+$30.4M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$25.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.5M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$17.4M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$15.9M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$14.2M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$13.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$13.3M |
TNL Hedge Fund Activity: Q4 2020 in Review
347 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2020, worth a combined $3.46B — up 51% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new TNL positions and 30 closed out — a net gain of 35 holders — while 92 added to existing stakes and 123 trimmed.
The largest buyer was Invesco, adding an estimated $43.9M. The largest seller was Tremblant Capital Group, exiting entirely with an estimated $17.4M sold.
- 347 institutional investors held Travel + Leisure Co (TNL) as of Q4 2020, up from 312 in Q3 2020.
- Funds reported $3.46B of Travel + Leisure Co stock for Q4 2020, up 51% quarter-over-quarter.
- 65 funds opened new Travel + Leisure Co positions in Q4 2020 and 30 closed out, a net change of +35 holders.
- The largest Travel + Leisure Co buyer in Q4 2020 was Invesco, an estimated $43.9M added.
- The largest Travel + Leisure Co seller in Q4 2020 was Tremblant Capital Group, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2020.