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Travel + Leisure Co

482 hedge funds and large institutions have $7.72B invested in Travel + Leisure Co in 2016 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 182 increasing their positions, 175 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

18% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 50

4% more repeat investments, than reductions

Existing positions increased: 182 | Existing positions reduced: 175

0% more funds holding

Funds holding: 480482 (+2)

9% less call options, than puts

Call options by funds: $88.8M | Put options by funds: $98M

8% less capital invested

Capital invested by funds: $8.43B → $7.72B (-$702M)

Holders
482
Holders Change
+2
Holders Change %
+0.42%
% of All Funds
12.86%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.19%
New
59
Increased
182
Reduced
175
Closed
50
Calls
$88.8M
Puts
$98M
Net Calls
-$9.21M
Net Calls Change
-$28M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$710M +$2.27M +70,953 +0.3%
Capital Research Global Investors
2
Capital Research Global Investors
California
$675M +$96.4M +3,013,406 +17%
IAM
3
Iridian Asset Management
Connecticut
$445M -$30.8M -963,702 -7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$421M -$55.2M -1,725,190 -12%
State Street
5
State Street
Massachusetts
$327M -$11.6M -362,624 -3%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$280M -$214M -6,702,949 -43%
AllianceBernstein
7
AllianceBernstein
Tennessee
$260M -$176M -5,498,142 -41%
BIT
8
BlackRock Institutional Trust
California
$212M +$5.86M +183,097 +3%
LSV Asset Management
9
LSV Asset Management
Illinois
$210M +$192M +6,005,250 +1,165%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$151M -$6.38M -199,456 -4%
WCM
11
Wedge Capital Management
North Carolina
$146M +$4.62M +144,418 +3%
First Eagle Investment Management
12
First Eagle Investment Management
New York
$145M -$12.2M -380,105 -8%
JP Morgan Chase
13
JP Morgan Chase
New York
$141M -$12.2M -382,167 -8%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$127M -$4M -125,090 -3%
BFA
15
BlackRock Fund Advisors
California
$124M +$1.95M +60,964 +2%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$120M +$14.5M +452,513 +14%
Prudential Financial
17
Prudential Financial
New Jersey
$116M +$6.15M +192,355 +6%
Bessemer Group
18
Bessemer Group
New Jersey
$108M +$6.99M +218,299 +7%
Northern Trust
19
Northern Trust
Illinois
$88.6M -$872K -27,243 -1%
Nordea Investment Management
20
Nordea Investment Management
Sweden
$84.1M +$13.6M +425,025 +19%
TCM
21
TimesSquare Capital Management
New York
$79.2M +$2.1M +65,730 +3%
BG
22
BlackRock Group
United Kingdom
$73.9M +$3.18M +99,514 +5%
Norges Bank
23
Norges Bank
Norway
$71M -$5.02M -156,886 -7%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$64.4M -$1.44M -45,133 -2%
AQR Capital Management
25
AQR Capital Management
Connecticut
$62.6M +$9.29M +290,261 +18%

TNL Hedge Fund Activity: Q2 2016 in Review

482 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q2 2016, worth a combined $7.72B — down 8.3% from $8.43B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new TNL positions and 50 closed out — a net gain of 9 holders — while 182 added to existing stakes and 175 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $192M. The largest seller was Wellington Management Group, cutting an estimated $214M.

  • 482 institutional investors held Travel + Leisure Co (TNL) as of Q2 2016, up from 480 in Q1 2016.
  • Funds reported $7.72B of Travel + Leisure Co stock for Q2 2016, down 8.3% quarter-over-quarter.
  • 59 funds opened new Travel + Leisure Co positions in Q2 2016 and 50 closed out, a net change of +9 holders.
  • The largest Travel + Leisure Co buyer in Q2 2016 was LSV Asset Management, an estimated $192M added.
  • The largest Travel + Leisure Co seller in Q2 2016 was Wellington Management Group, an estimated $214M sold.

Based on aggregated 13F filings for Q2 2016.