Travel + Leisure Co
387 hedge funds and large institutions have $7.31B invested in Travel + Leisure Co in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 124 increasing their positions, 160 reducing their positions, and 43 closing their positions.
5% more capital invested
Capital invested by funds: $6.94B → $7.31B (+$371M)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
2% less funds holding
Funds holding: 393 → 387 (-6)
23% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 160
34% less call options, than puts
Call options by funds: $44.8M | Put options by funds: $67.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$60.7M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$58.2M |
| 3 |
AC
Ascend Capital
Orinda,
California
|
+$34.5M |
| 4 |
KCA
KKR Credit Advisors
San Francisco,
California
|
+$28.5M |
| 5 |
VM
Valinor Management
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$59.1M |
| 2 |
AC
Axon Capital
New York
|
-$55.2M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$54.9M |
| 4 |
PC
PointState Capital
New York
|
-$47.7M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$23.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHB
426
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$7K | -266 | Closed |
|
427
Bessemer Group
Woodbridge,
New Jersey
| – | -$5K | -179 | Closed |
|
428
Financial Engines Advisors
Santa Clara,
California
| – | -$4K | -164 | Closed |
|
|
LNB
429
Ledyard National Bank
| – | -$4K | -140 | Closed |
|
|
ST
430
Stifel Trust
St. Louis,
Missouri
| – | -$2K | -66 | Closed |
|
|
PTC
431
Private Trust Company
Cleveland,
Ohio
| – | -$2K | -62 | Closed |
|
TNL Hedge Fund Activity: Q3 2013 in Review
387 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2013, worth a combined $7.31B — up 5.3% from $6.94B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TNL and 41 opened new positions — a net loss of 2 holders — while 160 trimmed existing stakes and 124 added.
The largest buyer was Wellington Management Group, adding an estimated $60.7M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $59.1M sold.
- 387 institutional investors held Travel + Leisure Co (TNL) as of Q3 2013, down from 393 in Q2 2013.
- Funds reported $7.31B of Travel + Leisure Co stock for Q3 2013, up 5.3% quarter-over-quarter.
- 41 funds opened new Travel + Leisure Co positions in Q3 2013 and 43 closed out, a net change of -2 holders.
- The largest Travel + Leisure Co buyer in Q3 2013 was Wellington Management Group, an estimated $60.7M added.
- The largest Travel + Leisure Co seller in Q3 2013 was 1832 Asset Management, an estimated $59.1M sold.
Based on aggregated 13F filings for Q3 2013.