Travel + Leisure Co
482 hedge funds and large institutions have $7.72B invested in Travel + Leisure Co in 2016 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 182 increasing their positions, 175 reducing their positions, and 50 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
18% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 50
4% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 175
0% more funds holding
Funds holding: 480 → 482 (+2)
9% less call options, than puts
Call options by funds: $88.8M | Put options by funds: $98M
8% less capital invested
Capital invested by funds: $8.43B → $7.72B (-$702M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$192M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$96.4M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$42.9M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$30.5M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$214M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$176M |
| 3 |
Royal London Asset Management
United Kingdom
|
-$156M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$51.8M |
TNL Hedge Fund Activity: Q2 2016 in Review
482 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q2 2016, worth a combined $7.72B — down 8.3% from $8.43B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new TNL positions and 50 closed out — a net gain of 9 holders — while 182 added to existing stakes and 175 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $192M. The largest seller was Wellington Management Group, cutting an estimated $214M.
- 482 institutional investors held Travel + Leisure Co (TNL) as of Q2 2016, up from 480 in Q1 2016.
- Funds reported $7.72B of Travel + Leisure Co stock for Q2 2016, down 8.3% quarter-over-quarter.
- 59 funds opened new Travel + Leisure Co positions in Q2 2016 and 50 closed out, a net change of +9 holders.
- The largest Travel + Leisure Co buyer in Q2 2016 was LSV Asset Management, an estimated $192M added.
- The largest Travel + Leisure Co seller in Q2 2016 was Wellington Management Group, an estimated $214M sold.
Based on aggregated 13F filings for Q2 2016.