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Travel + Leisure Co

525 hedge funds and large institutions have $10.1B invested in Travel + Leisure Co in 2017 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 167 increasing their positions, 220 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

137% more call options, than puts

Call options by funds: $218M | Put options by funds: $92M

37% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 38

2% more funds holding

Funds holding: 517525 (+8)

3% more capital invested

Capital invested by funds: $9.83B → $10.1B (+$255M)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

24% less repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 220

Holders
525
Holders Change
+8
Holders Change %
+1.55%
% of All Funds
13.09%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.15%
New
52
Increased
167
Reduced
220
Closed
38
Calls
$218M
Puts
$92M
Net Calls
+$126M
Net Calls Change
+$27.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.06B -$42.3M -926,915 -4%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$848M -$146M -3,190,218 -15%
Capital Research Global Investors
3
Capital Research Global Investors
California
$698M -$91 -2 -0%
BlackRock
4
BlackRock
New York
$690M -$4.12M -90,366 -0.6%
State Street
5
State Street
Massachusetts
$471M -$16.5M -360,981 -4%
LSV Asset Management
6
LSV Asset Management
Illinois
$341M +$3.45M +75,534 +1%
IAM
7
Iridian Asset Management
Connecticut
$231M +$63.8M +1,399,100 +41%
JP Morgan Chase
8
JP Morgan Chase
New York
$213M +$70.2M +1,539,686 +52%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$188M -$50.2M -1,100,345 -22%
Bessemer Group
10
Bessemer Group
New Jersey
$178M -$9.48M -207,803 -5%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$169M -$73M -1,599,438 -31%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$165M -$5.55M -121,570 -3%
Northern Trust
13
Northern Trust
Illinois
$139M +$10.5M +230,850 +9%
WCM
14
Wedge Capital Management
North Carolina
$130M -$13.4M -294,362 -10%
MCM
15
Melvin Capital Management
New York
$125M +$22.6M +495,050 +23%
CS
16
Credit Suisse
Switzerland
$118M -$43.6M -955,783 -28%
Norges Bank
17
Norges Bank
Norway
$112M +$4.28M +93,721 +4%
Goldman Sachs
18
Goldman Sachs
New York
$110M +$11.7M +256,283 +12%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$109M +$1.82M +39,876 +2%
GT
20
Glenmede Trust
Pennsylvania
$103M +$2.65M +57,997 +3%
Nordea Investment Management
21
Nordea Investment Management
Sweden
$99.2M -$4.21M -92,175 -4%
OSAM
22
O'Shaughnessy Asset Management
Connecticut
$92.8M -$2.32M -50,921 -3%
EM
23
Elliott Management
New York
$84.3M
Bank of America
24
Bank of America
North Carolina
$82.5M +$31.5M +691,040 +66%
First Eagle Investment Management
25
First Eagle Investment Management
New York
$77.1M -$11.8M -258,070 -14%

TNL Hedge Fund Activity: Q3 2017 in Review

525 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2017, worth a combined $10.1B — up 2.6% from $9.83B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new TNL positions and 38 closed out — a net gain of 14 holders — while 167 added to existing stakes and 220 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $70.2M. The largest seller was Fidelity Investments, cutting an estimated $146M.

  • 525 institutional investors held Travel + Leisure Co (TNL) as of Q3 2017, up from 517 in Q2 2017.
  • Funds reported $10.1B of Travel + Leisure Co stock for Q3 2017, up 2.6% quarter-over-quarter.
  • 52 funds opened new Travel + Leisure Co positions in Q3 2017 and 38 closed out, a net change of +14 holders.
  • The largest Travel + Leisure Co buyer in Q3 2017 was JP Morgan Chase, an estimated $70.2M added.
  • The largest Travel + Leisure Co seller in Q3 2017 was Fidelity Investments, an estimated $146M sold.

Based on aggregated 13F filings for Q3 2017.