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Travel + Leisure Co

473 hedge funds and large institutions have $9.63B invested in Travel + Leisure Co in 2014 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 151 increasing their positions, 178 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 40

56% more call options, than puts

Call options by funds: $111M | Put options by funds: $70.9M

6% more capital invested

Capital invested by funds: $9.08B → $9.63B (+$558M)

4% more funds holding

Funds holding: 455473 (+18)

15% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 178

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
473
Holders Change
+18
Holders Change %
+3.96%
% of All Funds
12.62%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.16%
New
66
Increased
151
Reduced
178
Closed
40
Calls
$111M
Puts
$70.9M
Net Calls
+$39.8M
Net Calls Change
+$81.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$825M +$13M +360,133 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$685M +$60.7M +1,677,732 +10%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$523M -$166M -4,596,526 -25%
State Street
4
State Street
Massachusetts
$489M +$15M +415,494 +3%
AllianceBernstein
5
AllianceBernstein
Tennessee
$382M +$107M +2,964,753 +43%
IAM
6
Iridian Asset Management
Connecticut
$361M +$1.91M +52,706 +0.6%
BIT
7
BlackRock Institutional Trust
California
$305M -$5.41M -149,617 -2%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$190M +$2.63M +72,785 +2%
Capital Research Global Investors
9
Capital Research Global Investors
California
$186M +$174M +4,810,818 New
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$182M +$3.31M +91,467 +2%
First Eagle Investment Management
11
First Eagle Investment Management
New York
$153M -$9.61M -265,645 -6%
JP Morgan Chase
12
JP Morgan Chase
New York
$151M +$17.4M +480,712 +14%
BFA
13
BlackRock Fund Advisors
California
$148M +$9.01M +249,085 +7%
Bessemer Group
14
Bessemer Group
New Jersey
$148M +$210K +5,815 +0.2%
Ameriprise
15
Ameriprise
Minnesota
$139M +$9.68M +267,519 +8%
Northern Trust
16
Northern Trust
Illinois
$132M -$2.87M -79,384 -2%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$130M -$10.4M -288,085 -8%
Principal Financial Group
18
Principal Financial Group
Iowa
$124M +$504K +13,937 +0.4%
WCM
19
Wedge Capital Management
North Carolina
$112M -$3.12M -86,164 -3%
Loomis, Sayles & Company
20
Loomis, Sayles & Company
Massachusetts
$106M +$842K +23,286 +0.9%
PI
21
Putnam Investments
Massachusetts
$94.4M +$3.93M +108,686 +5%
TCM
22
TimesSquare Capital Management
New York
$92.7M -$20.6M -568,690 -19%
Invesco
23
Invesco
Georgia
$91.6M +$5.78M +159,847 +7%
Norges Bank
24
Norges Bank
Norway
$88M
BG
25
BlackRock Group
United Kingdom
$85.8M +$384K +10,610 +0.5%

TNL Hedge Fund Activity: Q4 2014 in Review

473 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2014, worth a combined $9.63B — up 6.2% from $9.08B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new TNL positions and 40 closed out — a net gain of 26 holders — while 151 added to existing stakes and 178 trimmed.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $174M. The largest seller was Wellington Management Group, cutting an estimated $166M.

  • 473 institutional investors held Travel + Leisure Co (TNL) as of Q4 2014, up from 455 in Q3 2014.
  • Funds reported $9.63B of Travel + Leisure Co stock for Q4 2014, up 6.2% quarter-over-quarter.
  • 66 funds opened new Travel + Leisure Co positions in Q4 2014 and 40 closed out, a net change of +26 holders.
  • The largest Travel + Leisure Co buyer in Q4 2014 was Capital Research Global Investors, an estimated $174M added.
  • The largest Travel + Leisure Co seller in Q4 2014 was Wellington Management Group, an estimated $166M sold.

Based on aggregated 13F filings for Q4 2014.