Travel + Leisure Co
477 hedge funds and large institutions have $4.06B invested in Travel + Leisure Co in 2018 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 51 increasing their positions, 366 reducing their positions, and 164 closing their positions.
92.05% more ownership
Funds ownership: 0% → 92.05% (+92%)
84% more call options, than puts
Call options by funds: $49.4M | Put options by funds: $26.9M
19% less funds holding
Funds holding: 586 → 477 (-109)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
61% less capital invested
Capital invested by funds: $10.4B → $4.06B (-$6.32B)
63% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 164
86% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 366
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$329M |
| 2 |
GCM
Gates Capital Management
New York
|
+$91.1M |
| 3 |
BC
Bodenholm Capital
Stockholm,
Sweden
|
+$31.2M |
| 4 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
+$19.4M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$645M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$492M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$455M |
| 4 |
State Street
Boston,
Massachusetts
|
-$319M |
| 5 |
BlackRock
New York
|
-$241M |
TNL Hedge Fund Activity: Q2 2018 in Review
477 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q2 2018, worth a combined $4.06B — down 61% from $10.4B a quarter earlier.
Sellers outnumbered buyers: 164 funds closed out of TNL and 60 opened new positions — a net loss of 104 holders — while 366 trimmed existing stakes and 51 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $329M. The largest seller was Vanguard Group, cutting an estimated $645M.
- 477 institutional investors held Travel + Leisure Co (TNL) as of Q2 2018, down from 586 in Q1 2018.
- Funds reported $4.06B of Travel + Leisure Co stock for Q2 2018, down 61% quarter-over-quarter.
- 60 funds opened new Travel + Leisure Co positions in Q2 2018 and 164 closed out, a net change of -104 holders.
- The largest Travel + Leisure Co buyer in Q2 2018 was Boston Partners, an estimated $329M added.
- The largest Travel + Leisure Co seller in Q2 2018 was Vanguard Group, an estimated $645M sold.
Based on aggregated 13F filings for Q2 2018.