13FPulse
中
TN

TNL TRAVEL + LEISURE CO

2026Q2 · CUSIP 894164102 · Sector: Consumer

Funds left

Funds are exiting, but the price is holding

Funds that own it
466
Institutions that reported holding it to the SEC
Net decrease in holders
8
Last quarter 474 → now 466
How unusual is that
Bottom 20%
Stronger than only 15% of US stocks
What the filings say, in one paragraph

466 funds held TNL at the end of 2026Q2, down 8 from the quarter before. Buying has faded, though the price is holding up. On the business itself, revenue over the last 12 months was $4.1B(YoY +4.5%), the P/E is 18.2x. TNL has had 4 buying rushes in its history, and the price moved +4.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Consumer sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2018Q3: holders=1 2018Q4: holders=1 2019Q1: holders=1 2019Q3: holders=1 2019Q4: holders=1 2020Q1: holders=1 2020Q2: holders=1 2020Q3: holders=1 2020Q4: holders=3 2021Q1: holders=347 2021Q2: holders=355 2021Q3: holders=350 2021Q4: holders=368 2022Q1: holders=368 2022Q2: holders=351 2022Q3: holders=354 2022Q4: holders=344 2023Q1: holders=334 2023Q2: holders=332 2023Q3: holders=330 2023Q4: holders=352 2024Q1: holders=354 2024Q2: holders=370 2024Q3: holders=369 2024Q4: holders=391 2025Q1: holders=400 2025Q2: holders=416 2025Q3: holders=426 2025Q4: holders=444 2026Q1: holders=474 2026Q2: holders=466 -344 -172 +0 +172 +344 0249498 18Q319Q320Q221Q121Q422Q323Q224Q124Q425Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 4 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 20% +23.5% —
2025Q2 Top 20% +1.0% +6.0%
2024Q2 Top 20% +8.9% +26.9%
2021Q1 Top 1% in the market -5.8% -20.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
190
Change in large funds
+7
Total value they hold
$4.8B
Funds buying for the first time
59
Funds that sold out entirely
67
Price change that quarter
+8.3%
Funds holding puts (bearish)
6
Funds holding calls (bullish)
7

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
18.2
EPS (TTM)
$3.69
EPS YoY
-36.2%
Revenue (TTM)
$4.1B
Revenue YoY
+4.5%
Net margin
5.8%
ROE
—
Debt ratio
114.8%
FCF (TTM)
$442M
Dividend (TTM)
$2.32
Quarterly Revenue & EPS
2022-09-30: EPS 1.38 2022-12-31: EPS 1.11 2023-03-31: EPS 0.81 2023-06-30: EPS 1.25 2023-09-30: EPS 1.49 2023-12-31: EPS 1.73 2024-03-31: EPS 0.92 2024-06-30: EPS 1.81 2024-09-30: EPS 1.39 2024-12-31: EPS 1.70 2025-03-31: EPS 1.07 2025-06-30: EPS 1.62 2025-09-30: EPS 1.67 2025-12-31: EPS -0.92 2026-03-31: EPS 1.22 2026-06-30: EPS 1.72 0B 0.6B 1.1B $B -1.01 0.49 1.99 2019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 9 6 14 22 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-40M169M378M 20162017201820192020202120222023202420252026
Latest quarter $19M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.