Travel + Leisure Co
485 hedge funds and large institutions have $7.56B invested in Travel + Leisure Co in 2016 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 159 increasing their positions, 186 reducing their positions, and 51 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
59% more call options, than puts
Call options by funds: $97M | Put options by funds: $61M
41% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 51
8% more capital invested
Capital invested by funds: $6.97B → $7.56B (+$589M)
3% more funds holding
Funds holding: 473 → 485 (+12)
15% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 186
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$91.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$26.3M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$23.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$21.4M |
| 5 |
Morgan Stanley
New York
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$137M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$125M |
| 3 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$35.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19.3M |
TNL Hedge Fund Activity: Q4 2016 in Review
485 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2016, worth a combined $7.56B — up 8.5% from $6.97B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new TNL positions and 51 closed out — a net gain of 21 holders — while 159 added to existing stakes and 186 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $91.6M. The largest seller was AllianceBernstein, cutting an estimated $137M.
- 485 institutional investors held Travel + Leisure Co (TNL) as of Q4 2016, up from 473 in Q3 2016.
- Funds reported $7.56B of Travel + Leisure Co stock for Q4 2016, up 8.5% quarter-over-quarter.
- 72 funds opened new Travel + Leisure Co positions in Q4 2016 and 51 closed out, a net change of +21 holders.
- The largest Travel + Leisure Co buyer in Q4 2016 was Bank of New York Mellon, an estimated $91.6M added.
- The largest Travel + Leisure Co seller in Q4 2016 was AllianceBernstein, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2016.