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Travelers Companies

993 hedge funds and large institutions have $27.2B invested in Travelers Companies in 2016 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 314 increasing their positions, 403 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 78

19% more funds holding in top 10

Funds holding in top 10: 1619 (+3)

6% more capital invested

Capital invested by funds: $25.7B → $27.2B (+$1.52B)

3% more funds holding

Funds holding: 965993 (+28)

8% more call options, than puts

Call options by funds: $201M | Put options by funds: $187M

0.02% less ownership

Funds ownership: 78.43%78.42% (-0.02%)

22% less repeat investments, than reductions

Existing positions increased: 314 | Existing positions reduced: 403

Holders
993
Holders Change
+28
Holders Change %
+2.9%
% of All Funds
24.82%
Holding in Top 10
19
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+18.75%
% of All Funds
0.47%
New
121
Increased
314
Reduced
403
Closed
78
Calls
$201M
Puts
$187M
Net Calls
+$14.3M
Net Calls Change
+$4.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.56B -$28.4M -249,143 -1%
State Street
2
State Street
Massachusetts
$2.28B +$182M +1,597,047 +9%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$1.57B -$31.9M -279,047 -2%
BIT
4
BlackRock Institutional Trust
California
$1.04B -$67.5M -591,533 -6%
JP Morgan Chase
5
JP Morgan Chase
New York
$955M +$14.1M +123,650 +2%
ClearBridge Investments
6
ClearBridge Investments
New York
$717M +$1.76M +15,397 +0.3%
Bank of America
7
Bank of America
North Carolina
$626M +$9.54M +83,566 +2%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$568M +$69.8M +611,076 +15%
BFA
9
BlackRock Fund Advisors
California
$564M +$30.3M +265,325 +6%
LSV Asset Management
10
LSV Asset Management
Illinois
$521M -$35.6M -312,099 -7%
BG
11
BlackRock Group
United Kingdom
$479M +$14.5M +126,575 +3%
Northern Trust
12
Northern Trust
Illinois
$474M -$8.44M -73,908 -2%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$461M +$68M +595,290 +19%
Allianz Asset Management
14
Allianz Asset Management
Germany
$378M -$129M -1,134,229 -27%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$346M +$5.13M +44,944 +2%
AQR Capital Management
16
AQR Capital Management
Connecticut
$339M +$11.6M +101,889 +4%
Invesco
17
Invesco
Georgia
$313M -$12.2M -106,620 -4%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$312M -$60.1M -526,006 -17%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$305M +$8.39M +73,482 +3%
AL
20
AJO LP
Pennsylvania
$303M -$32.4M -283,800 -10%
APG Asset Management
21
APG Asset Management
Netherlands
$286M +$39.8M +348,400 +16%
Norges Bank
22
Norges Bank
Norway
$262M +$204M +1,785,017 +501%
Morgan Stanley
23
Morgan Stanley
New York
$255M +$41M +358,693 +21%
Hotchkis & Wiley Capital Management
24
Hotchkis & Wiley Capital Management
California
$252M +$235M +2,055,100 New
Goldman Sachs
25
Goldman Sachs
New York
$250M -$53.2M -465,624 -19%

TRV Hedge Fund Activity: Q4 2016 in Review

993 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Travelers Companies (TRV) for Q4 2016, worth a combined $27.2B — up 5.9% from $25.7B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new TRV positions and 78 closed out — a net gain of 43 holders — while 314 added to existing stakes and 403 trimmed.

The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $235M. The largest seller was Bank of Montreal, cutting an estimated $150M.

  • 993 institutional investors held Travelers Companies (TRV) as of Q4 2016, up from 965 in Q3 2016.
  • Funds reported $27.2B of Travelers Companies stock for Q4 2016, up 5.9% quarter-over-quarter.
  • 121 funds opened new Travelers Companies positions in Q4 2016 and 78 closed out, a net change of +43 holders.
  • The largest Travelers Companies buyer in Q4 2016 was Hotchkis & Wiley Capital Management, an estimated $235M added.
  • The largest Travelers Companies seller in Q4 2016 was Bank of Montreal, an estimated $150M sold.

Based on aggregated 13F filings for Q4 2016.