Travel + Leisure Co
354 hedge funds and large institutions have $4.71B invested in Travel + Leisure Co in 2021 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 79 increasing their positions, 137 reducing their positions, and 55 closing their positions.
36% more capital invested
Capital invested by funds: $3.46B → $4.71B (+$1.25B)
20% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 55
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
2.48% more ownership
Funds ownership: 87.33% → 89.81% (+2.5%)
2% more funds holding
Funds holding: 347 → 354 (+7)
23% less call options, than puts
Call options by funds: $32.1M | Put options by funds: $41.9M
42% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$63.7M |
| 2 |
Swedbank
Stockholm,
Sweden
|
+$62.5M |
| 3 |
JP Morgan Chase
New York
|
+$62.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$41.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$66.6M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$65.3M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$42.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$20M |
| 5 |
Neuberger Berman Group
New York
|
-$18.5M |
TNL Hedge Fund Activity: Q1 2021 in Review
354 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q1 2021, worth a combined $4.71B — up 36% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new TNL positions and 55 closed out — a net gain of 11 holders — while 79 added to existing stakes and 137 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $63.7M. The largest seller was Iridian Asset Management, cutting an estimated $66.6M.
- 354 institutional investors held Travel + Leisure Co (TNL) as of Q1 2021, up from 347 in Q4 2020.
- Funds reported $4.71B of Travel + Leisure Co stock for Q1 2021, up 36% quarter-over-quarter.
- 66 funds opened new Travel + Leisure Co positions in Q1 2021 and 55 closed out, a net change of +11 holders.
- The largest Travel + Leisure Co buyer in Q1 2021 was Principal Financial Group, an estimated $63.7M added.
- The largest Travel + Leisure Co seller in Q1 2021 was Iridian Asset Management, an estimated $66.6M sold.
Based on aggregated 13F filings for Q1 2021.