Travel + Leisure Co
423 hedge funds and large institutions have $3.49B invested in Travel + Leisure Co in 2025 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 137 increasing their positions, 144 reducing their positions, and 43 closing their positions.
2,131% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $1.14M
44% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 43
14% more capital invested
Capital invested by funds: $3.05B → $3.49B (+$437M)
3% more funds holding
Funds holding: 410 → 423 (+13)
1.31% more ownership
Funds ownership: 89.02% → 90.33% (+1.3%)
5% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 144
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$39.3M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$33.4M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$31M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$29.9M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$42.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$19.7M |
| 4 |
LIP
Landmark Investment Partners
West Palm Beach,
Florida
|
-$15.2M |
| 5 |
Goldman Sachs
New York
|
-$13.5M |
TNL Hedge Fund Activity: Q3 2025 in Review
423 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2025, worth a combined $3.49B — up 14% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TNL positions and 43 closed out — a net gain of 19 holders — while 137 added to existing stakes and 144 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $39.3M. The largest seller was GMT Capital, cutting an estimated $42.7M.
- 423 institutional investors held Travel + Leisure Co (TNL) as of Q3 2025, up from 410 in Q2 2025.
- Funds reported $3.49B of Travel + Leisure Co stock for Q3 2025, up 14% quarter-over-quarter.
- 62 funds opened new Travel + Leisure Co positions in Q3 2025 and 43 closed out, a net change of +19 holders.
- The largest Travel + Leisure Co buyer in Q3 2025 was Truist Financial, an estimated $39.3M added.
- The largest Travel + Leisure Co seller in Q3 2025 was GMT Capital, an estimated $42.7M sold.
Based on aggregated 13F filings for Q3 2025.