Travel + Leisure Co
475 hedge funds and large institutions have $8.39B invested in Travel + Leisure Co in 2015 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 156 increasing their positions, 190 reducing their positions, and 49 closing their positions.
217% more call options, than puts
Call options by funds: $115M | Put options by funds: $36.2M
3% more capital invested
Capital invested by funds: $8.18B → $8.39B (+$208M)
2% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 49
0% less funds holding
Funds holding: 477 → 475 (-2)
18% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 190
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$179M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$100M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$91.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$66.4M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$165M |
| 2 |
JP Morgan Chase
New York
|
-$49M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$27.9M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$26.8M |
| 5 |
WJA
Williams Jones & Associates
New York
|
-$18.6M |
TNL Hedge Fund Activity: Q4 2015 in Review
475 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2015, worth a combined $8.39B — up 2.5% from $8.18B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new TNL positions and 49 closed out — a net gain of 1 holder — while 156 added to existing stakes and 190 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $179M. The largest seller was Fidelity Investments, cutting an estimated $165M.
- 475 institutional investors held Travel + Leisure Co (TNL) as of Q4 2015, down from 477 in Q3 2015.
- Funds reported $8.39B of Travel + Leisure Co stock for Q4 2015, up 2.5% quarter-over-quarter.
- 50 funds opened new Travel + Leisure Co positions in Q4 2015 and 49 closed out, a net change of +1 holder.
- The largest Travel + Leisure Co buyer in Q4 2015 was AllianceBernstein, an estimated $179M added.
- The largest Travel + Leisure Co seller in Q4 2015 was Fidelity Investments, an estimated $165M sold.
Based on aggregated 13F filings for Q4 2015.