Travelers Companies
1,262 hedge funds and large institutions have $32.2B invested in Travelers Companies in 2023 Q1 according to their latest regulatory filings, with 113 funds opening new positions, 401 increasing their positions, 490 reducing their positions, and 118 closing their positions.
1.36% more ownership
Funds ownership: 80.6% → 81.95% (+1.4%)
4% more call options, than puts
Call options by funds: $166M | Put options by funds: $159M
4% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 118
3% less funds holding
Funds holding: 1,298 → 1,262 (-36)
9% less capital invested
Capital invested by funds: $35.4B → $32.2B (-$3.15B)
18% less repeat investments, than reductions
Existing positions increased: 401 | Existing positions reduced: 490
42% less funds holding in top 10
Funds holding in top 10: 19 → 11 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$399M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$222M |
| 3 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$126M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$122M |
| 5 |
JP Morgan Chase
New York
|
+$110M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$377M |
| 2 |
First Eagle Investment Management
New York
|
-$282M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$216M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$215M |
| 5 |
State Street
Boston,
Massachusetts
|
-$157M |
TRV Hedge Fund Activity: Q1 2023 in Review
1,262 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Travelers Companies (TRV) for Q1 2023, worth a combined $32.2B — down 8.9% from $35.4B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of TRV and 113 opened new positions — a net loss of 5 holders — while 490 trimmed existing stakes and 401 added.
The largest buyer was Envestnet Asset Management, adding an estimated $399M. The largest seller was Fidelity Investments, cutting an estimated $377M.
- 1,262 institutional investors held Travelers Companies (TRV) as of Q1 2023, down from 1,298 in Q4 2022.
- Funds reported $32.2B of Travelers Companies stock for Q1 2023, down 8.9% quarter-over-quarter.
- 113 funds opened new Travelers Companies positions in Q1 2023 and 118 closed out, a net change of -5 holders.
- The largest Travelers Companies buyer in Q1 2023 was Envestnet Asset Management, an estimated $399M added.
- The largest Travelers Companies seller in Q1 2023 was Fidelity Investments, an estimated $377M sold.
Based on aggregated 13F filings for Q1 2023.