Travel + Leisure Co
330 hedge funds and large institutions have $2.36B invested in Travel + Leisure Co in 2023 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 124 reducing their positions, and 42 closing their positions.
56% more call options, than puts
Call options by funds: $3.16M | Put options by funds: $2.02M
0.47% more ownership
Funds ownership: 86.32% → 86.78% (+0.47%)
0% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 42
1% less funds holding
Funds holding: 333 → 330 (-3)
11% less capital invested
Capital invested by funds: $2.66B → $2.36B (-$299M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
23% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$17.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.9M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$9.89M |
| 4 |
Two Sigma Investments
New York
|
+$8.12M |
| 5 |
LPC
Long Pond Capital
New York
|
+$8.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$22.3M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$18.1M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$14.9M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$13.4M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$12.8M |
TNL Hedge Fund Activity: Q3 2023 in Review
330 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q3 2023, worth a combined $2.36B — down 11% from $2.66B a quarter earlier.
Fund positioning in TNL was balanced in Q3 2023: 42 funds opened new positions, 42 closed out, 96 added to existing stakes and 124 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $17.9M. The largest seller was Invesco, cutting an estimated $22.3M.
- 330 institutional investors held Travel + Leisure Co (TNL) as of Q3 2023, down from 333 in Q2 2023.
- Funds reported $2.36B of Travel + Leisure Co stock for Q3 2023, down 11% quarter-over-quarter.
- 42 funds opened new Travel + Leisure Co positions in Q3 2023 and 42 closed out, a net change of 0 holders.
- The largest Travel + Leisure Co buyer in Q3 2023 was AQR Capital Management, an estimated $17.9M added.
- The largest Travel + Leisure Co seller in Q3 2023 was Invesco, an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2023.