Travel + Leisure Co
472 hedge funds and large institutions have $6.93B invested in Travel + Leisure Co in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 167 increasing their positions, 190 reducing their positions, and 47 closing their positions.
2% less funds holding
Funds holding: 482 → 472 (-10)
10% less capital invested
Capital invested by funds: $7.72B → $6.93B (-$794M)
11% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 47
12% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 190
41% less call options, than puts
Call options by funds: $40.9M | Put options by funds: $69.4M
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$162M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$27.5M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$26.7M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$23M |
| 5 |
Blackstone Inc
New York
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$227M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$99.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$73.8M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$70.5M |
| 5 |
Bank of New York Mellon
New York
|
-$35.1M |
TNL Hedge Fund Activity: Q3 2016 in Review
472 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2016, worth a combined $6.93B — down 10% from $7.72B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of TNL and 42 opened new positions — a net loss of 5 holders — while 190 trimmed existing stakes and 167 added.
The largest buyer was Capital Research Global Investors, adding an estimated $162M. The largest seller was Wellington Management Group, cutting an estimated $227M.
- 472 institutional investors held Travel + Leisure Co (TNL) as of Q3 2016, down from 482 in Q2 2016.
- Funds reported $6.93B of Travel + Leisure Co stock for Q3 2016, down 10% quarter-over-quarter.
- 42 funds opened new Travel + Leisure Co positions in Q3 2016 and 47 closed out, a net change of -5 holders.
- The largest Travel + Leisure Co buyer in Q3 2016 was Capital Research Global Investors, an estimated $162M added.
- The largest Travel + Leisure Co seller in Q3 2016 was Wellington Management Group, an estimated $227M sold.
Based on aggregated 13F filings for Q3 2016.