Travel + Leisure Co
420 hedge funds and large institutions have $4.01B invested in Travel + Leisure Co in 2019 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 107 increasing their positions, 145 reducing their positions, and 40 closing their positions.
217% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $5.9M
93% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 40
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
7% more funds holding
Funds holding: 392 → 420 (+28)
6% more capital invested
Capital invested by funds: $3.78B → $4.01B (+$233M)
3.22% less ownership
Funds ownership: 88.72% → 85.5% (-3.2%)
26% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 145
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$22.2M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$21.7M |
| 3 |
Squarepoint
New York
|
+$15.4M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$12.6M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$118M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$73.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$31.8M |
| 4 |
JP Morgan Chase
New York
|
-$15.7M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$12.7M |
TNL Hedge Fund Activity: Q4 2019 in Review
420 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2019, worth a combined $4.01B — up 6.2% from $3.78B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new TNL positions and 40 closed out — a net gain of 37 holders — while 107 added to existing stakes and 145 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $22.2M. The largest seller was Iridian Asset Management, cutting an estimated $118M.
- 420 institutional investors held Travel + Leisure Co (TNL) as of Q4 2019, up from 392 in Q3 2019.
- Funds reported $4.01B of Travel + Leisure Co stock for Q4 2019, up 6.2% quarter-over-quarter.
- 77 funds opened new Travel + Leisure Co positions in Q4 2019 and 40 closed out, a net change of +37 holders.
- The largest Travel + Leisure Co buyer in Q4 2019 was LSV Asset Management, an estimated $22.2M added.
- The largest Travel + Leisure Co seller in Q4 2019 was Iridian Asset Management, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2019.