Travel + Leisure Co
391 hedge funds and large institutions have $3.77B invested in Travel + Leisure Co in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 111 increasing their positions, 156 reducing their positions, and 51 closing their positions.
155% more call options, than puts
Call options by funds: $18.1M | Put options by funds: $7.09M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
4% more capital invested
Capital invested by funds: $3.63B → $3.77B (+$140M)
0.33% more ownership
Funds ownership: 88.39% → 88.72% (+0.33%)
4% less funds holding
Funds holding: 409 → 391 (-18)
29% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 156
33% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$29.8M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$28.4M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$26.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.9M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$29.9M |
| 2 |
BlackRock
New York
|
-$23.6M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$20.7M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$14.8M |
| 5 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$13.4M |
TNL Hedge Fund Activity: Q3 2019 in Review
391 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2019, worth a combined $3.77B — up 3.9% from $3.63B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of TNL and 34 opened new positions — a net loss of 17 holders — while 156 trimmed existing stakes and 111 added.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $29.8M. The largest seller was Boston Partners, cutting an estimated $29.9M.
- 391 institutional investors held Travel + Leisure Co (TNL) as of Q3 2019, down from 409 in Q2 2019.
- Funds reported $3.77B of Travel + Leisure Co stock for Q3 2019, up 3.9% quarter-over-quarter.
- 34 funds opened new Travel + Leisure Co positions in Q3 2019 and 51 closed out, a net change of -17 holders.
- The largest Travel + Leisure Co buyer in Q3 2019 was Zimmer Partners, an estimated $29.8M added.
- The largest Travel + Leisure Co seller in Q3 2019 was Boston Partners, an estimated $29.9M sold.
Based on aggregated 13F filings for Q3 2019.