Travel + Leisure Co
473 hedge funds and large institutions have $9.63B invested in Travel + Leisure Co in 2014 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 151 increasing their positions, 178 reducing their positions, and 40 closing their positions.
65% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 40
56% more call options, than puts
Call options by funds: $111M | Put options by funds: $70.9M
6% more capital invested
Capital invested by funds: $9.08B → $9.63B (+$558M)
4% more funds holding
Funds holding: 455 → 473 (+18)
15% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 178
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$174M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$107M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.7M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$57.7M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$49.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$166M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$71.8M |
| 3 |
VM
Valinor Management
New York
|
-$63.4M |
| 4 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
-$35.2M |
| 5 |
TI
Tyrian Investments
New York
|
-$32.5M |
TNL Hedge Fund Activity: Q4 2014 in Review
473 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2014, worth a combined $9.63B — up 6.2% from $9.08B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new TNL positions and 40 closed out — a net gain of 26 holders — while 151 added to existing stakes and 178 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $174M. The largest seller was Wellington Management Group, cutting an estimated $166M.
- 473 institutional investors held Travel + Leisure Co (TNL) as of Q4 2014, up from 455 in Q3 2014.
- Funds reported $9.63B of Travel + Leisure Co stock for Q4 2014, up 6.2% quarter-over-quarter.
- 66 funds opened new Travel + Leisure Co positions in Q4 2014 and 40 closed out, a net change of +26 holders.
- The largest Travel + Leisure Co buyer in Q4 2014 was Capital Research Global Investors, an estimated $174M added.
- The largest Travel + Leisure Co seller in Q4 2014 was Wellington Management Group, an estimated $166M sold.
Based on aggregated 13F filings for Q4 2014.