Travel + Leisure Co
417 hedge funds and large institutions have $3.41B invested in Travel + Leisure Co in 2019 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 115 increasing their positions, 150 reducing their positions, and 52 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 52
7% more capital invested
Capital invested by funds: $3.18B → $3.41B (+$225M)
1% more funds holding
Funds holding: 414 → 417 (+3)
2.31% less ownership
Funds ownership: 91.29% → 88.98% (-2.3%)
15% less call options, than puts
Call options by funds: $4.69M | Put options by funds: $5.51M
23% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 150
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
+$20.6M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$16.9M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$11.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.9M |
| 5 |
Two Sigma Investments
New York
|
+$9.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.1M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$39.4M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$37.3M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$33.6M |
| 5 |
Bank of New York Mellon
New York
|
-$15.6M |
TNL Hedge Fund Activity: Q1 2019 in Review
417 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q1 2019, worth a combined $3.41B — up 7.1% from $3.18B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new TNL positions and 52 closed out — a net gain of 7 holders — while 115 added to existing stakes and 150 trimmed.
The largest buyer was Ranger Global Real Estate Advisors, adding an estimated $20.6M. The largest seller was Fidelity Investments, cutting an estimated $63.1M.
- 417 institutional investors held Travel + Leisure Co (TNL) as of Q1 2019, up from 414 in Q4 2018.
- Funds reported $3.41B of Travel + Leisure Co stock for Q1 2019, up 7.1% quarter-over-quarter.
- 59 funds opened new Travel + Leisure Co positions in Q1 2019 and 52 closed out, a net change of +7 holders.
- The largest Travel + Leisure Co buyer in Q1 2019 was Ranger Global Real Estate Advisors, an estimated $20.6M added.
- The largest Travel + Leisure Co seller in Q1 2019 was Fidelity Investments, an estimated $63.1M sold.
Based on aggregated 13F filings for Q1 2019.