Travel + Leisure Co
387 hedge funds and large institutions have $7.32B invested in Travel + Leisure Co in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 124 increasing their positions, 160 reducing their positions, and 43 closing their positions.
0.14% more ownership
Funds ownership: 90.18% → 90.33% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
2% less funds holding
Funds holding: 393 → 387 (-6)
20% less capital inflows, than outflows
Capital inflows: $526M | Capital outflows: $656M
23% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 160
34% less call options, than puts
Call options by funds: $44.7M | Put options by funds: $67.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$60.7M |
| 2 |
Lone Pine Capital
Greenwich,
Connecticut
|
+$58.2M |
| 3 |
Ascend Capital
Orinda,
California
|
+$34.5M |
| 4 |
KKR Credit Advisors
San Francisco,
California
|
+$28.5M |
| 5 |
VM
Valinor Management
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$59.1M |
| 2 |
Axon Capital
New York
|
-$55.2M |
| 3 |
Clough Capital Partners
Boston,
Massachusetts
|
-$54.9M |
| 4 |
PointState Capital
New York
|
-$47.7M |
| 5 |
Carlson Capital
Dallas,
Texas
|
-$23.4M |
TNL Hedge Fund Activity: Q3 2013 in Review
387 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2013, worth a combined $7.32B — up 4.4% from $7.01B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TNL and 41 opened new positions — a net loss of 2 holders — while 160 trimmed existing stakes and 124 added.
The largest buyer was Wellington Management Group, adding an estimated $60.7M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $59.1M sold.
- 387 institutional investors held Travel + Leisure Co (TNL) as of Q3 2013, down from 393 in Q2 2013.
- Funds reported $7.32B of Travel + Leisure Co stock for Q3 2013, up 4.4% quarter-over-quarter.
- 41 funds opened new Travel + Leisure Co positions in Q3 2013 and 43 closed out, a net change of -2 holders.
- The largest Travel + Leisure Co buyer in Q3 2013 was Wellington Management Group, an estimated $60.7M added.
- The largest Travel + Leisure Co seller in Q3 2013 was 1832 Asset Management, an estimated $59.1M sold.
Based on aggregated 13F filings for Q3 2013.