Travel + Leisure Co
473 hedge funds and large institutions have $4.78B invested in Travel + Leisure Co in 2026 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 139 increasing their positions, 196 reducing their positions, and 52 closing their positions.
16% more capital invested
Capital invested by funds: $4.12B → $4.78B (+$660M)
12% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 52
4.71% more ownership
Funds ownership: 95.39% → 100.1% (+4.7%)
0% less funds holding
Funds holding: 475 → 473 (-2)
19% less call options, than puts
Call options by funds: $48.2M | Put options by funds: $59.7M
29% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 196
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$77.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$40.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$39.4M |
| 4 |
GA
GRS Advisors
Chicago,
Illinois
|
+$37M |
| 5 |
D.E. Shaw & Co
New York
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$44.2M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$43.8M |
| 3 |
RFM
Ranmore Fund Management
Cobham,
United Kingdom
|
-$40.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$38.2M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$25.7M |
TNL Hedge Fund Activity: Q2 2026 in Review
473 institutional investors reported a position in Travel + Leisure Co (TNL) for Q2 2026, worth a combined $4.78B — up 16% from $4.12B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TNL positions and 52 closed out — a net gain of 6 holders — while 139 added to existing stakes and 196 trimmed.
The largest buyer was Millennium Management, adding an estimated $77.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $44.2M sold.
- 473 institutional investors held Travel + Leisure Co (TNL) as of Q2 2026, down from 475 in Q1 2026.
- Funds reported $4.78B of Travel + Leisure Co stock for Q2 2026, up 16% quarter-over-quarter.
- 58 funds opened new Travel + Leisure Co positions in Q2 2026 and 52 closed out, a net change of +6 holders.
- The largest Travel + Leisure Co buyer in Q2 2026 was Millennium Management, an estimated $77.6M added.
- The largest Travel + Leisure Co seller in Q2 2026 was Driehaus Capital Management, an estimated $44.2M sold.
Based on aggregated 13F filings for Q2 2026.