Travel + Leisure Co
TNL
480 hedge funds and large institutions have $8.43B invested in Travel + Leisure Co in 2016 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 155 increasing their positions, 194 reducing their positions, and 54 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more call options, than puts
Call options by funds: $107M | Put options by funds: $87.8M
13% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 54
1% more funds holding
Funds holding: 475 → 480 (+5)
0% more capital invested
Capital invested by funds: $8.39B → $8.43B (+$37M)
20% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$159M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$154M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$87.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$51.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$242M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$92.8M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$54.1M |
| 4 |
Axa
Paris,
France
|
-$50.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$32.6M |
TNL Hedge Fund Activity: Q1 2016 in Review
480 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q1 2016, worth a combined $8.43B — up 0.44% from $8.39B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new TNL positions and 54 closed out — a net gain of 7 holders — while 155 added to existing stakes and 194 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $159M. The largest seller was AllianceBernstein, cutting an estimated $242M.
- 480 institutional investors held Travel + Leisure Co (TNL) as of Q1 2016, up from 475 in Q4 2015.
- Funds reported $8.43B of Travel + Leisure Co stock for Q1 2016, up 0.44% quarter-over-quarter.
- 61 funds opened new Travel + Leisure Co positions in Q1 2016 and 54 closed out, a net change of +7 holders.
- The largest Travel + Leisure Co buyer in Q1 2016 was Capital Research Global Investors, an estimated $159M added.
- The largest Travel + Leisure Co seller in Q1 2016 was AllianceBernstein, an estimated $242M sold.
Based on aggregated 13F filings for Q1 2016.