Travel + Leisure Co
313 hedge funds and large institutions have $2.29B invested in Travel + Leisure Co in 2020 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 90 increasing their positions, 106 reducing their positions, and 62 closing their positions.
243% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $4.87M
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
8% more capital invested
Capital invested by funds: $2.13B → $2.29B (+$163M)
1.11% less ownership
Funds ownership: 88.68% → 87.57% (-1.1%)
7% less funds holding
Funds holding: 336 → 313 (-23)
15% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 106
37% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$48.1M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$15.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$13.2M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$13M |
| 5 |
BlackRock
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$32.6M |
| 2 |
First Eagle Investment Management
New York
|
-$24.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$14.5M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$11.6M |
TNL Hedge Fund Activity: Q3 2020 in Review
313 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2020, worth a combined $2.29B — up 7.7% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of TNL and 39 opened new positions — a net loss of 23 holders — while 106 trimmed existing stakes and 90 added.
The largest buyer was Invesco, adding an estimated $48.1M. The largest seller was Senvest Management, cutting an estimated $32.6M.
- 313 institutional investors held Travel + Leisure Co (TNL) as of Q3 2020, down from 336 in Q2 2020.
- Funds reported $2.29B of Travel + Leisure Co stock for Q3 2020, up 7.7% quarter-over-quarter.
- 39 funds opened new Travel + Leisure Co positions in Q3 2020 and 62 closed out, a net change of -23 holders.
- The largest Travel + Leisure Co buyer in Q3 2020 was Invesco, an estimated $48.1M added.
- The largest Travel + Leisure Co seller in Q3 2020 was Senvest Management, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2020.