Travel + Leisure Co
409 hedge funds and large institutions have $3.64B invested in Travel + Leisure Co in 2019 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 113 increasing their positions, 143 reducing their positions, and 58 closing their positions.
35% more call options, than puts
Call options by funds: $7.28M | Put options by funds: $5.38M
7% more capital invested
Capital invested by funds: $3.41B → $3.64B (+$225M)
0.68% less ownership
Funds ownership: 89.1% → 88.42% (-0.68%)
7% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 58
2% less funds holding
Funds holding: 418 → 409 (-9)
21% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 143
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$24.4M |
| 2 |
BlackRock
New York
|
+$15.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.4M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$13M |
| 5 |
Man Group
London,
United Kingdom
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$48.8M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$24.3M |
| 3 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$23.2M |
| 4 |
Millennium Management
New York
|
-$18.6M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$14.1M |
TNL Hedge Fund Activity: Q2 2019 in Review
409 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q2 2019, worth a combined $3.64B — up 6.6% from $3.41B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of TNL and 54 opened new positions — a net loss of 4 holders — while 143 trimmed existing stakes and 113 added.
The largest buyer was Nuveen, opening a new position worth an estimated $24.4M. The largest seller was Iridian Asset Management, cutting an estimated $48.8M.
- 409 institutional investors held Travel + Leisure Co (TNL) as of Q2 2019, down from 418 in Q1 2019.
- Funds reported $3.64B of Travel + Leisure Co stock for Q2 2019, up 6.6% quarter-over-quarter.
- 54 funds opened new Travel + Leisure Co positions in Q2 2019 and 58 closed out, a net change of -4 holders.
- The largest Travel + Leisure Co buyer in Q2 2019 was Nuveen, an estimated $24.4M added.
- The largest Travel + Leisure Co seller in Q2 2019 was Iridian Asset Management, an estimated $48.8M sold.
Based on aggregated 13F filings for Q2 2019.