TNL US Equity

Travel & Leisure Co.

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Consumer Discretionary · Hotels & Motels · CIK 1361658 · FYE 1231

$77.71

-0.74 (-0.94%)

USD · as of 2026-07-29 · marketstack

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Institutional ownership· 13F filers holding TNL · 2026-Q1 methodology → sources →

472 holders

% of shares outstanding held

97.2%

Shares held (13F)

59,504,437

Reporting holders

472

Top holders

largest 100 of 472 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	7,147,7377.1M	$495M	11.68%	ADD 14%
2	VANGUARD PORTFOLIO MANAGEMENT LLC	6,006,0166.0M	$416M	9.81%	NEW†
3	VANGUARD CAPITAL MANAGEMENT LLC	2,698,5092.7M	$187M	4.41%	NEW†
4	Invesco Ltd.	2,359,2662.4M	$163M	3.85%	TRIM -35%
5	STATE STREET CORP	2,150,1312.2M	$149M	3.51%	ADD 2%
6	AQR CAPITAL MANAGEMENT LLC	1,851,0861.9M	$127M	3.02%	TRIM -15%
7	LSV ASSET MANAGEMENT	1,638,9371.6M	$113M	2.68%	—
8	GEODE CAPITAL MANAGEMENT, LLC	1,638,1631.6M	$113M	2.68%	ADD 36%
9	Nuveen, LLC	1,319,0541.3M	$91M	2.16%	ADD 4%
10	Quantinno Capital Management LP	1,305,5151.3M	$90M	2.13%	ADD 22%
11	DIMENSIONAL FUND ADVISORS LP	1,280,1141.3M	$89M	2.09%	—
12	GMT Capital Corp	1,224,8411.2M	$85M	2.00%	TRIM -12%
13	CITADEL ADVISORS LLC	1,053,0761.1M	$73M	1.72%	ADD 50%
14	Copeland Capital Management, LLC	1,016,9131.0M	$70M	1.66%	TRIM -9%
15	MORGAN STANLEY	975,625975,625	$68M	1.59%	ADD 8%
16	NORTHERN TRUST CORP	922,231922,231	$64M	1.51%	TRIM -5%
17	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	823,450823,450	$57M	1.35%	—
18	TRUIST FINANCIAL CORP	801,713801,713	$55M	1.31%	ADD 9%
19	Swedbank AB	774,499774,499	$54M	1.27%	—
20	Bank of New York Mellon Corp	762,079762,079	$53M	1.25%	—
21	ENVESTNET ASSET MANAGEMENT INC	761,537761,537	$53M	1.24%	ADD 6%
22	Gotham Asset Management, LLC	682,896682,896	$47M	1.12%	ADD 8%
23	JPMORGAN CHASE & CO	660,669660,669	$44M	1.08%	ADD 93%
24	Driehaus Capital Management LLC	638,965638,965	$44M	1.04%	TRIM -25%
25	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	633,486633,486	$44M	1.04%	TRIM -4%
26	Ranmore Fund Management Ltd	590,849590,849	$41M	0.97%	—
27	PRICE T ROWE ASSOCIATES INC /MD/	572,654572,654	$40M	0.94%	TRIM -35%
28	Solel Partners LP	552,617552,617	$38M	0.90%	—
29	ACADIAN ASSET MANAGEMENT LLC	508,020508,020	$35M	0.83%	ADD 58%
30	GOLDMAN SACHS GROUP INC	502,696502,696	$35M	0.82%	TRIM -11%
31	JUPITER ASSET MANAGEMENT LTD	473,281473,281	$33M	0.77%	—
32	AMERIPRISE FINANCIAL INC	430,871430,871	$30M	0.70%	TRIM -2%
33	Advisors Capital Management, LLC	404,349404,349	$28M	0.66%	—
34	VANGUARD FIDUCIARY TRUST CO	399,334399,334	$28M	0.65%	NEW
35	FIRST TRUST ADVISORS LP	395,478395,478	$27M	0.65%	TRIM -3%
36	SEI INVESTMENTS CO	389,506389,506	$27M	0.64%	ADD 40%
37	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	385,162385,162	$27M	0.63%	ADD 21%
38	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	352,272352,272	$24M	0.58%	ADD 6%
39	FRANKLIN RESOURCES INC	303,194303,194	$21M	0.50%	ADD 576%
40	FMR LLC	285,198285,198	$20M	0.47%	TRIM -19%
41	STIFEL FINANCIAL CORP	264,405264,405	$18M	0.43%	ADD 8%
42	MILLENNIUM MANAGEMENT LLC	242,916242,916	$17M	0.40%	ADD 221%
43	LOS ANGELES CAPITAL MANAGEMENT LLC	240,353240,353	$17M	0.39%	ADD 7212%
44	NEUBERGER BERMAN GROUP LLC	223,557223,557	$15M	0.37%	—
45	UBS Group AG	218,016218,016	$15M	0.36%	TRIM -22%
46	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	208,082208,082	$14M	0.34%	TRIM -3%
47	Crossmark Global Holdings, Inc.	205,794205,794	$14M	0.34%	ADD 273%
48	BANK OF AMERICA CORP /DE/	204,503204,503	$14M	0.33%	ADD 5%
49	Retirement Systems of Alabama	202,200202,200	$14M	0.33%	TRIM -20%
50	IRIDIAN ASSET MANAGEMENT LLC/CT	196,953196,953	$14M	0.32%	TRIM -6%
51	VOYA INVESTMENT MANAGEMENT LLC	196,656196,656	$14M	0.32%	TRIM -8%
52	RHUMBLINE ADVISERS	194,546194,546	$13M	0.32%	—
53	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	190,803190,803	$13M	0.31%	TRIM -13%
54	Hudson Bay Capital Management LP	187,227187,227	$13M	0.31%	ADD 9%
55	FOSTER & MOTLEY INC	185,895185,895	$13M	0.30%	ADD 6%
56	Russell Investments Group, Ltd.	184,255184,255	$13M	0.30%	ADD 10%
57	SCHRODER INVESTMENT MANAGEMENT GROUP	186,488186,488	$13M	0.30%	—
58	Universal- Beteiligungs- und Servicegesellschaft mbH	177,934177,934	$12M	0.29%	TRIM -11%
59	California Public Employees Retirement System	156,580156,580	$11M	0.26%	ADD 11%
60	Engineers Gate Manager LP	155,226155,226	$11M	0.25%	ADD 25%
61	THOMPSON SIEGEL & WALMSLEY LLC	152,500152,500	$11M	0.25%	—
62	SG Americas Securities, LLC	151,236151,236	$10M	0.25%	TRIM -8%
63	PRINCIPAL FINANCIAL GROUP INC	143,985143,985	$10M	0.24%	ADD 4%
64	Cambria Investment Management, L.P.	140,120140,120	$10M	0.23%	ADD 5%
65	ALGERT GLOBAL LLC	140,077140,077	$10M	0.23%	ADD 107%
66	Corient Private Wealth LLC	138,545138,545	$10M	0.23%	TRIM -31%
67	Edgestream Partners, L.P.	135,102135,102	$9M	0.22%	ADD 31%
68	DEUTSCHE BANK AG\	134,853134,853	$9M	0.22%	TRIM -4%
69	STATE OF WISCONSIN INVESTMENT BOARD	130,151130,151	$9M	0.21%	TRIM -12%
70	Swiss National Bank	127,500127,500	$9M	0.21%	—
71	Baker Avenue Asset Management, LP	122,839122,839	$8M	0.20%	—
72	BARCLAYS PLC	121,779121,779	$8M	0.20%	ADD 22%
73	ROBOTTI ROBERT	121,689121,689	$8M	0.20%	—
74	Bridgewater Associates, LP	121,085121,085	$8M	0.20%	TRIM -41%
75	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	116,989116,989	$8M	0.19%	TRIM -36%
76	Trexquant Investment LP	110,639110,639	$8M	0.18%	ADD 22%
77	TCW GROUP INC	105,877105,877	$7M	0.17%	TRIM -3%
78	Calydon Capital	105,527105,527	$7M	0.17%	TRIM -4%
79	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	101,335101,335	$7M	0.17%	—
80	ALLIANCEBERNSTEIN L.P.	96,67696,676	$7M	0.16%	TRIM -2%
81	WINTON GROUP Ltd	95,65895,658	$7M	0.16%	NEW
82	WELLS FARGO & COMPANY/MN	91,12091,120	$6M	0.15%	ADD 11%
83	Holocene Advisors, LP	90,43390,433	$6M	0.15%	NEW
84	VISTA INVESTMENT PARTNERS LLC	89,74489,744	$6M	0.15%	—
85	IEQ CAPITAL, LLC	88,28888,288	$6M	0.14%	TRIM -26%
86	Factorial Partners, LLC	87,00087,000	$6M	0.14%	—
87	JANE STREET GROUP, LLC	85,16685,166	$6M	0.14%	NEW
88	Legal & General Group Plc	84,70084,700	$6M	0.14%	TRIM -14%
89	PRUDENTIAL FINANCIAL INC	77,46077,460	$5M	0.13%	TRIM -63%
90	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	75,81975,819	$5M	0.12%	ADD 25%
91	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	75,43875,438	$5M	0.12%	—
92	CastleKnight Management LP	73,70073,700	$5M	0.12%	—
93	Squarepoint Ops LLC	71,48771,487	$5M	0.12%	NEW
94	D. E. Shaw & Co., Inc.	67,87067,870	$5M	0.11%	NEW
95	Cerity Partners LLC	61,42061,420	$4M	0.10%	ADD 3%
96	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	62,31062,310	$4M	0.10%	TRIM -4%
97	VANGUARD ASSET MANAGEMENT, Ltd	59,12859,128	$4M	0.10%	NEW
98	RITHOLTZ WEALTH MANAGEMENT	58,56158,561	$4M	0.10%	ADD 9%
99	VISTA INVESTMENT PARTNERS II, LLC	58,55658,556	$4M	0.10%	—
100	HANCOCK WHITNEY CORP	61,07861,078	$4M	0.10%	ADD 7%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

7.0M

6.8M

6.4M

6.2M

6.3M

7.1M

$495M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

6.0M

$416M

VANGUARD CAPITAL MANAGEMENT LLC

—

2.7M

$187M

Invesco Ltd.

3.5M

3.4M

3.2M

3.5M

3.6M

2.4M

$163M

STATE STREET CORP

2.2M

2.1M

2.2M

$149M

AQR CAPITAL MANAGEMENT LLC

1.4M

1.8M

2.7M

2.4M

2.2M

1.9M

$127M

LSV ASSET MANAGEMENT

695K

956K

1.6M

$113M

GEODE CAPITAL MANAGEMENT, LLC

1.1M

1.2M

1.6M

$113M

Nuveen, LLC

—

888K

856K

1.4M

1.3M

$91M

Quantinno Capital Management LP

74K

246K

488K

805K

1.1M

1.3M

$90M

DIMENSIONAL FUND ADVISORS LP

1.4M

1.3M

$89M

GMT Capital Corp

2.7M

2.5M

2.4M

1.7M

1.4M

1.2M

$85M

CITADEL ADVISORS LLC

1.2M

1.4M

723K

653K

701K

1.1M

$73M

Copeland Capital Management, LLC

1.6M

1.5M

1.4M

1.2M

1.1M

1.0M

$70M

MORGAN STANLEY

803K

853K

812K

829K

906K

976K

$68M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	472	59,504,437	97.2%	$4.1B
2025-Q4	441	60,236,089	98.4%	$4.2B
2025-Q3	423	58,986,340	96.4%	$3.5B
2025-Q2	410	59,365,878	97.0%	$3.1B
2025-Q1	398	57,386,580	93.8%	$2.7B
2024-Q4	388	56,781,256	92.8%	$2.9B
2024-Q3	369	59,192,662	96.7%	$2.7B
2024-Q2	366	60,567,501	99.0%	$2.7B
2024-Q1	353	63,396,699	103.6%	$3.1B
2023-Q4	349	64,234,149	105.0%	$2.5B

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Activists & large holders· Schedule 13D/G beneficial owners · TNL

Large holders — 13G, passive (top 5 of 6 by % of class)

Holder

% of class

Type

As of

VANGUARD PORTFOLIO MANAGEMENT LLC

9.68%

QII

2026-03-31

SEC →

BlackRock, Inc.

9.2%

QII

2025-06-30

SEC →

VANGUARD CAPITAL MANAGEMENT LLC

5.11%

QII

2026-03-31

SEC →

GMT CAPITAL CORP

3.89%

QII

2024-12-31

SEC →

Invesco Ltd.

3.8%

QII

Institutional ownership· 13F filers holding TNL · 2026-Q1 methodology → sources →

472 holders

% of shares outstanding held

97.2%

Shares held (13F)

59,504,437

Reporting holders

472

Top holders

largest 100 of 472 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	7,147,7377.1M	$495M	11.68%	ADD 14%
2	VANGUARD PORTFOLIO MANAGEMENT LLC	6,006,0166.0M	$416M	9.81%	NEW†
3	VANGUARD CAPITAL MANAGEMENT LLC	2,698,5092.7M	$187M	4.41%	NEW†
4	Invesco Ltd.	2,359,2662.4M	$163M	3.85%	TRIM -35%
5	STATE STREET CORP	2,150,1312.2M	$149M	3.51%	ADD 2%
6	AQR CAPITAL MANAGEMENT LLC	1,851,0861.9M	$127M	3.02%	TRIM -15%
7	LSV ASSET MANAGEMENT	1,638,9371.6M	$113M	2.68%	—
8	GEODE CAPITAL MANAGEMENT, LLC	1,638,1631.6M	$113M	2.68%	ADD 36%
9	Nuveen, LLC	1,319,0541.3M	$91M	2.16%	ADD 4%
10	Quantinno Capital Management LP	1,305,5151.3M	$90M	2.13%	ADD 22%
11	DIMENSIONAL FUND ADVISORS LP	1,280,1141.3M	$89M	2.09%	—
12	GMT Capital Corp	1,224,8411.2M	$85M	2.00%	TRIM -12%
13	CITADEL ADVISORS LLC	1,053,0761.1M	$73M	1.72%	ADD 50%
14	Copeland Capital Management, LLC	1,016,9131.0M	$70M	1.66%	TRIM -9%
15	MORGAN STANLEY	975,625975,625	$68M	1.59%	ADD 8%
16	NORTHERN TRUST CORP	922,231922,231	$64M	1.51%	TRIM -5%
17	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	823,450823,450	$57M	1.35%	—
18	TRUIST FINANCIAL CORP	801,713801,713	$55M	1.31%	ADD 9%
19	Swedbank AB	774,499774,499	$54M	1.27%	—
20	Bank of New York Mellon Corp	762,079762,079	$53M	1.25%	—
21	ENVESTNET ASSET MANAGEMENT INC	761,537761,537	$53M	1.24%	ADD 6%
22	Gotham Asset Management, LLC	682,896682,896	$47M	1.12%	ADD 8%
23	JPMORGAN CHASE & CO	660,669660,669	$44M	1.08%	ADD 93%
24	Driehaus Capital Management LLC	638,965638,965	$44M	1.04%	TRIM -25%
25	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	633,486633,486	$44M	1.04%	TRIM -4%
26	Ranmore Fund Management Ltd	590,849590,849	$41M	0.97%	—
27	PRICE T ROWE ASSOCIATES INC /MD/	572,654572,654	$40M	0.94%	TRIM -35%
28	Solel Partners LP	552,617552,617	$38M	0.90%	—
29	ACADIAN ASSET MANAGEMENT LLC	508,020508,020	$35M	0.83%	ADD 58%
30	GOLDMAN SACHS GROUP INC	502,696502,696	$35M	0.82%	TRIM -11%
31	JUPITER ASSET MANAGEMENT LTD	473,281473,281	$33M	0.77%	—
32	AMERIPRISE FINANCIAL INC	430,871430,871	$30M	0.70%	TRIM -2%
33	Advisors Capital Management, LLC	404,349404,349	$28M	0.66%	—
34	VANGUARD FIDUCIARY TRUST CO	399,334399,334	$28M	0.65%	NEW
35	FIRST TRUST ADVISORS LP	395,478395,478	$27M	0.65%	TRIM -3%
36	SEI INVESTMENTS CO	389,506389,506	$27M	0.64%	ADD 40%
37	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	385,162385,162	$27M	0.63%	ADD 21%
38	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	352,272352,272	$24M	0.58%	ADD 6%
39	FRANKLIN RESOURCES INC	303,194303,194	$21M	0.50%	ADD 576%
40	FMR LLC	285,198285,198	$20M	0.47%	TRIM -19%
41	STIFEL FINANCIAL CORP	264,405264,405	$18M	0.43%	ADD 8%
42	MILLENNIUM MANAGEMENT LLC	242,916242,916	$17M	0.40%	ADD 221%
43	LOS ANGELES CAPITAL MANAGEMENT LLC	240,353240,353	$17M	0.39%	ADD 7212%
44	NEUBERGER BERMAN GROUP LLC	223,557223,557	$15M	0.37%	—
45	UBS Group AG	218,016218,016	$15M	0.36%	TRIM -22%
46	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	208,082208,082	$14M	0.34%	TRIM -3%
47	Crossmark Global Holdings, Inc.	205,794205,794	$14M	0.34%	ADD 273%
48	BANK OF AMERICA CORP /DE/	204,503204,503	$14M	0.33%	ADD 5%
49	Retirement Systems of Alabama	202,200202,200	$14M	0.33%	TRIM -20%
50	IRIDIAN ASSET MANAGEMENT LLC/CT	196,953196,953	$14M	0.32%	TRIM -6%
51	VOYA INVESTMENT MANAGEMENT LLC	196,656196,656	$14M	0.32%	TRIM -8%
52	RHUMBLINE ADVISERS	194,546194,546	$13M	0.32%	—
53	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	190,803190,803	$13M	0.31%	TRIM -13%
54	Hudson Bay Capital Management LP	187,227187,227	$13M	0.31%	ADD 9%
55	FOSTER & MOTLEY INC	185,895185,895	$13M	0.30%	ADD 6%
56	Russell Investments Group, Ltd.	184,255184,255	$13M	0.30%	ADD 10%
57	SCHRODER INVESTMENT MANAGEMENT GROUP	186,488186,488	$13M	0.30%	—
58	Universal- Beteiligungs- und Servicegesellschaft mbH	177,934177,934	$12M	0.29%	TRIM -11%
59	California Public Employees Retirement System	156,580156,580	$11M	0.26%	ADD 11%
60	Engineers Gate Manager LP	155,226155,226	$11M	0.25%	ADD 25%
61	THOMPSON SIEGEL & WALMSLEY LLC	152,500152,500	$11M	0.25%	—
62	SG Americas Securities, LLC	151,236151,236	$10M	0.25%	TRIM -8%
63	PRINCIPAL FINANCIAL GROUP INC	143,985143,985	$10M	0.24%	ADD 4%
64	Cambria Investment Management, L.P.	140,120140,120	$10M	0.23%	ADD 5%
65	ALGERT GLOBAL LLC	140,077140,077	$10M	0.23%	ADD 107%
66	Corient Private Wealth LLC	138,545138,545	$10M	0.23%	TRIM -31%
67	Edgestream Partners, L.P.	135,102135,102	$9M	0.22%	ADD 31%
68	DEUTSCHE BANK AG\	134,853134,853	$9M	0.22%	TRIM -4%
69	STATE OF WISCONSIN INVESTMENT BOARD	130,151130,151	$9M	0.21%	TRIM -12%
70	Swiss National Bank	127,500127,500	$9M	0.21%	—
71	Baker Avenue Asset Management, LP	122,839122,839	$8M	0.20%	—
72	BARCLAYS PLC	121,779121,779	$8M	0.20%	ADD 22%
73	ROBOTTI ROBERT	121,689121,689	$8M	0.20%	—
74	Bridgewater Associates, LP	121,085121,085	$8M	0.20%	TRIM -41%
75	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	116,989116,989	$8M	0.19%	TRIM -36%
76	Trexquant Investment LP	110,639110,639	$8M	0.18%	ADD 22%
77	TCW GROUP INC	105,877105,877	$7M	0.17%	TRIM -3%
78	Calydon Capital	105,527105,527	$7M	0.17%	TRIM -4%
79	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	101,335101,335	$7M	0.17%	—
80	ALLIANCEBERNSTEIN L.P.	96,67696,676	$7M	0.16%	TRIM -2%
81	WINTON GROUP Ltd	95,65895,658	$7M	0.16%	NEW
82	WELLS FARGO & COMPANY/MN	91,12091,120	$6M	0.15%	ADD 11%
83	Holocene Advisors, LP	90,43390,433	$6M	0.15%	NEW
84	VISTA INVESTMENT PARTNERS LLC	89,74489,744	$6M	0.15%	—
85	IEQ CAPITAL, LLC	88,28888,288	$6M	0.14%	TRIM -26%
86	Factorial Partners, LLC	87,00087,000	$6M	0.14%	—
87	JANE STREET GROUP, LLC	85,16685,166	$6M	0.14%	NEW
88	Legal & General Group Plc	84,70084,700	$6M	0.14%	TRIM -14%
89	PRUDENTIAL FINANCIAL INC	77,46077,460	$5M	0.13%	TRIM -63%
90	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	75,81975,819	$5M	0.12%	ADD 25%
91	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	75,43875,438	$5M	0.12%	—
92	CastleKnight Management LP	73,70073,700	$5M	0.12%	—
93	Squarepoint Ops LLC	71,48771,487	$5M	0.12%	NEW
94	D. E. Shaw & Co., Inc.	67,87067,870	$5M	0.11%	NEW
95	Cerity Partners LLC	61,42061,420	$4M	0.10%	ADD 3%
96	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	62,31062,310	$4M	0.10%	TRIM -4%
97	VANGUARD ASSET MANAGEMENT, Ltd	59,12859,128	$4M	0.10%	NEW
98	RITHOLTZ WEALTH MANAGEMENT	58,56158,561	$4M	0.10%	ADD 9%
99	VISTA INVESTMENT PARTNERS II, LLC	58,55658,556	$4M	0.10%	—
100	HANCOCK WHITNEY CORP	61,07861,078	$4M	0.10%	ADD 7%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

7.0M

6.8M

6.4M

6.2M

6.3M

7.1M

$495M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

6.0M

$416M

VANGUARD CAPITAL MANAGEMENT LLC

—

2.7M

$187M

Invesco Ltd.

3.5M

3.4M

3.2M

3.5M

3.6M

2.4M

$163M

STATE STREET CORP

2.2M

2.1M

2.2M

$149M

AQR CAPITAL MANAGEMENT LLC

1.4M

1.8M

2.7M

2.4M

2.2M

1.9M

$127M

LSV ASSET MANAGEMENT

695K

956K

1.6M

$113M

GEODE CAPITAL MANAGEMENT, LLC

1.1M

1.2M

1.6M

$113M

Nuveen, LLC

—

888K

856K

1.4M

1.3M

$91M

Quantinno Capital Management LP

74K

246K

488K

805K

1.1M

1.3M

$90M

DIMENSIONAL FUND ADVISORS LP

1.4M

1.3M

$89M

GMT Capital Corp

2.7M

2.5M

2.4M

1.7M

1.4M

1.2M

$85M

CITADEL ADVISORS LLC

1.2M

1.4M

723K

653K

701K

1.1M

$73M

Copeland Capital Management, LLC

1.6M

1.5M

1.4M

1.2M

1.1M

1.0M

$70M

MORGAN STANLEY

803K

853K

812K

829K

906K

976K

$68M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	472	59,504,437	97.2%	$4.1B
2025-Q4	441	60,236,089	98.4%	$4.2B
2025-Q3	423	58,986,340	96.4%	$3.5B
2025-Q2	410	59,365,878	97.0%	$3.1B
2025-Q1	398	57,386,580	93.8%	$2.7B
2024-Q4	388	56,781,256	92.8%	$2.9B
2024-Q3	369	59,192,662	96.7%	$2.7B
2024-Q2	366	60,567,501	99.0%	$2.7B
2024-Q1	353	63,396,699	103.6%	$3.1B
2023-Q4	349	64,234,149	105.0%	$2.5B

Short interest has its own tab now — open SI →

Activists & large holders· Schedule 13D/G beneficial owners · TNL

Large holders — 13G, passive (top 5 of 6 by % of class)

Holder

% of class

Type

As of

VANGUARD PORTFOLIO MANAGEMENT LLC

9.68%

QII

2026-03-31

SEC →

BlackRock, Inc.

9.2%

QII

2025-06-30

SEC →

VANGUARD CAPITAL MANAGEMENT LLC

5.11%

QII

2026-03-31

SEC →

GMT CAPITAL CORP

3.89%

QII

2024-12-31

SEC →

Invesco Ltd.

3.8%

QII

TNL US Equity☆

Institutional ownership· 13F filers holding TNL · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · TNL

Institutional ownership· 13F filers holding TNL · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · TNL

TNL US Equity