Travel + Leisure Co
351 hedge funds and large institutions have $2.54B invested in Travel + Leisure Co in 2023 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 111 increasing their positions, 118 reducing their positions, and 33 closing their positions.
85% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 33
19% more call options, than puts
Call options by funds: $3.96M | Put options by funds: $3.32M
8% more capital invested
Capital invested by funds: $2.36B → $2.54B (+$185M)
6% more funds holding
Funds holding: 330 → 351 (+21)
3% more ownership
Funds ownership: 86.78% → 89.78% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$20.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$14.7M |
| 4 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
+$13.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$54.8M |
| 2 |
SM
Senvest Management
New York
|
-$17.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$16.2M |
| 4 |
JP Morgan Chase
New York
|
-$11.7M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$11M |
TNL Hedge Fund Activity: Q4 2023 in Review
351 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Travel + Leisure Co (TNL) for Q4 2023, worth a combined $2.54B — up 7.8% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new TNL positions and 33 closed out — a net gain of 28 holders — while 111 added to existing stakes and 118 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $20.6M. The largest seller was BlackRock, cutting an estimated $54.8M.
- 351 institutional investors held Travel + Leisure Co (TNL) as of Q4 2023, up from 330 in Q3 2023.
- Funds reported $2.54B of Travel + Leisure Co stock for Q4 2023, up 7.8% quarter-over-quarter.
- 61 funds opened new Travel + Leisure Co positions in Q4 2023 and 33 closed out, a net change of +28 holders.
- The largest Travel + Leisure Co buyer in Q4 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $20.6M added.
- The largest Travel + Leisure Co seller in Q4 2023 was BlackRock, an estimated $54.8M sold.
Based on aggregated 13F filings for Q4 2023.