Travel + Leisure Co
TNL
344 hedge funds and large institutions have $2.56B invested in Travel + Leisure Co in 2022 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 93 increasing their positions, 139 reducing their positions, and 51 closing their positions.
3,055% more call options, than puts
Call options by funds: $40M | Put options by funds: $1.27M
2% more capital invested
Capital invested by funds: $2.52B → $2.56B (+$40.6M)
0.3% less ownership
Funds ownership: 88.22% → 87.92% (-0.3%)
8% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 51
3% less funds holding
Funds holding: 354 → 344 (-10)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
33% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$37.5M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$36.1M |
| 3 |
Millennium Management
New York
|
+$33.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.9M |
| 5 |
LPC
Long Pond Capital
New York
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$57.9M |
| 2 |
ZP
Zimmer Partners
New York
|
-$39.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$22.5M |
| 4 |
Goldman Sachs
New York
|
-$22.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$14.3M |
TNL Hedge Fund Activity: Q4 2022 in Review
344 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2022, worth a combined $2.56B — up 1.6% from $2.52B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of TNL and 47 opened new positions — a net loss of 4 holders — while 139 trimmed existing stakes and 93 added.
The largest buyer was Miller Value Partners, opening a new position worth an estimated $37.5M. The largest seller was Principal Financial Group, cutting an estimated $57.9M.
- 344 institutional investors held Travel + Leisure Co (TNL) as of Q4 2022, down from 354 in Q3 2022.
- Funds reported $2.56B of Travel + Leisure Co stock for Q4 2022, up 1.6% quarter-over-quarter.
- 47 funds opened new Travel + Leisure Co positions in Q4 2022 and 51 closed out, a net change of -4 holders.
- The largest Travel + Leisure Co buyer in Q4 2022 was Miller Value Partners, an estimated $37.5M added.
- The largest Travel + Leisure Co seller in Q4 2022 was Principal Financial Group, an estimated $57.9M sold.
Based on aggregated 13F filings for Q4 2022.