Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Travel Plus Leisure Co (TNL)

465 + Investors. Track Smart Money conviction in TNL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — TNL

Based on 474 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TNL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
474 hedge funds hold TNL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+62 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 44% buying

202 buying257 selling
Last quarter: 257 funds reduced or exited vs 202 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-23 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 62 → 75 → 83 → 60. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 24% medium ■ 21% new
260 out of 474 hedge funds have held TNL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~60 new funds/quarter

64 → 62 → 75 → 83 → 60 new funds/Q
New funds entering each quarter: 62 → 75 → 83 → 60. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 60% veterans vs 26% newcomers

■ 60% veterans ■ 14% 1-2yr ■ 26% new
Entry-cohort mix of 484 holders: 288 (60%) are 2+ year veterans, 68 entered 1–2 years ago, and 128 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
56 of 470 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in TNL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TNL

In 2026 Q2, 202 hedge funds were net buyers of TNL (60 opened a new position, 142 added to an existing one), while 257 reduced or exited (195 trimmed, 62 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 57% of total institutional value in TNL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 474.

Hedge Fund Ownership: TNL

How many hedge funds hold TNL — quarterly history vs. share price
Quarterly hedge fund ownership of TNL vs. share price

Market Analysis: TNL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TNL

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: TNL
465 + Investors

Track Smart Money conviction in TNL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 465 476 -2.31%
13F Shares 63M 61M 4.24%
Total Value $4.50B $3.92B 14.55%
New Positions 58 83 -25
Increased Positions 139 181 -42
Closed Positions 65 49 +16
Reduced Positions 190 137 +53
Total Calls 7 7 -
Total Puts 6 7 -14.29%
PUT/CALL Ratio 0.86 1.0 Neutral

Statistics: TNL

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Institutional Holders (2026 Q2)

465 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TNL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TNL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Solel Partners LP 6.67% 513,418 $39.2M
2 Iridian Asset Management LLC/Ct 5.15% 196,202 $15.0M
3 Gmt Capital Corp 3.42% 859,241 $65.7M
4 GRS Advisors, LLC 3.40% 526,334 $40.2M
5 Vista Investment Partners II, LLC 1.74% 58,052 $4.4M
6 Vista Investment Partners LLC 1.68% 87,301 $6.7M
7 Copeland Capital Management, LLC 1.52% 969,930 $74.1M
8 Sidoxia Capital Management, LLC 1.51% 26,928 $2.1M
9 Robotti Robert 1.51% 122,039 $9.3M
10 R.m.sincerbeaux Capital Management LLC 1.33% 32,600 $2.5M
11 Taylor Securities Services, Inc. 1.20% 38,500 $2.9M
12 Calydon Capital 1.18% 105,163 $8.0M
13 Landmark Investment Partners, L.P. 1.06% 57,034 $4.2M
14 Point Nemo Capital, LLC 0.71% 18,413 $1.4M
15 Everstar Asset Management, LLC 0.59% 16,066 $1.2M
16 Kendall Capital Management 0.57% 44,600 $3.4M
17 Cambria Investment Management, L.P. 0.51% 136,048 $10.4M
18 Ionic Capital Management LLC 0.51% 46,089 $3.5M
19 Keeler Thomas Management LLC 0.45% 16,522 $1.3M
20 SummitTX Capital, L.P. 0.40% 204,546 $15.6M
21 Savoir Faire Capital Management, L.P. 0.40% 8,474 $648K
22 Teza Capital Management LLC 0.40% 2,714 $207K
23 Altar Rock LLC 0.38% 4,529 $319K
24 nVerses Capital, LLC 0.31% 2,678 $205K
25 Oliver Luxxe Assets LLC 0.27% 23,761 $1.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Travel Plus Leisure Co (TNL)

What does the Smart Money Trend signal show for TNL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TNL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TNL?

More sellers than buyers — 44% buying: Last quarter: 257 funds reduced or exited vs 202 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for TNL holders?

Elite ownership — 57% AUM from top-100 funds: 56 of 470 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in TNL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TNL?

55% of holders stayed for 2+ years: 260 out of 474 hedge funds have held TNL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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