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Travel + Leisure Co

480 hedge funds and large institutions have $8.43B invested in Travel + Leisure Co in 2016 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 155 increasing their positions, 194 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

21% more call options, than puts

Call options by funds: $107M | Put options by funds: $87.8M

13% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 54

1% more funds holding

Funds holding: 475480 (+5)

0% more capital invested

Capital invested by funds: $8.39B → $8.43B (+$37M)

20% less repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 194

Holders
480
Holders Change
+5
Holders Change %
+1.05%
% of All Funds
12.79%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
61
Increased
155
Reduced
194
Closed
54
Calls
$107M
Puts
$87.8M
Net Calls
+$18.8M
Net Calls Change
-$59.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$760M -$3.47M -109,525 -0.5%
Capital Research Global Investors
2
Capital Research Global Investors
California
$620M +$159M +5,002,356 +39%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$532M -$2.11M -66,658 -0.4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$512M -$92.8M -2,927,193 -16%
IAM
5
Iridian Asset Management
Connecticut
$511M -$13.9M -439,357 -3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$468M -$242M -7,624,903 -36%
State Street
7
State Street
Massachusetts
$364M -$11.9M -374,803 -3%
BIT
8
BlackRock Institutional Trust
California
$221M -$5.83M -183,954 -3%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$169M +$2.09M +65,854 +1%
First Eagle Investment Management
10
First Eagle Investment Management
New York
$169M
JP Morgan Chase
11
JP Morgan Chase
New York
$165M -$10.9M -344,922 -7%
WCM
12
Wedge Capital Management
North Carolina
$151M +$4.39M +138,489 +3%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$141M -$9.06M -285,666 -7%
BFA
14
BlackRock Fund Advisors
California
$131M -$9.6M -302,762 -7%
Prudential Financial
15
Prudential Financial
New Jersey
$117M +$87.5M +2,758,450 +427%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$113M +$51.8M +1,633,656 +99%
Bessemer Group
17
Bessemer Group
New Jersey
$109M -$6.46M -203,669 -6%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$105M +$4.78M +150,826 +5%
Northern Trust
19
Northern Trust
Illinois
$95.8M -$3.84M -120,972 -4%
TCM
20
TimesSquare Capital Management
New York
$82.7M +$4.86M +153,444 +7%
Norges Bank
21
Norges Bank
Norway
$81.6M +$461K +14,554 +0.6%
Goldman Sachs
22
Goldman Sachs
New York
$76.7M -$3.14M -99,090 -4%
BG
23
BlackRock Group
United Kingdom
$75.9M -$154K -4,847 -0.2%
Nordea Investment Management
24
Nordea Investment Management
Sweden
$75.6M +$3.96M +124,922 +6%
Bank of America
25
Bank of America
North Carolina
$68.8M +$22.1M +695,913 +54%

TNL Hedge Fund Activity: Q1 2016 in Review

480 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q1 2016, worth a combined $8.43B — up 0.44% from $8.39B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new TNL positions and 54 closed out — a net gain of 7 holders — while 155 added to existing stakes and 194 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $159M. The largest seller was AllianceBernstein, cutting an estimated $242M.

  • 480 institutional investors held Travel + Leisure Co (TNL) as of Q1 2016, up from 475 in Q4 2015.
  • Funds reported $8.43B of Travel + Leisure Co stock for Q1 2016, up 0.44% quarter-over-quarter.
  • 61 funds opened new Travel + Leisure Co positions in Q1 2016 and 54 closed out, a net change of +7 holders.
  • The largest Travel + Leisure Co buyer in Q1 2016 was Capital Research Global Investors, an estimated $159M added.
  • The largest Travel + Leisure Co seller in Q1 2016 was AllianceBernstein, an estimated $242M sold.

Based on aggregated 13F filings for Q1 2016.