TNLNYSEHotels & MotelsFiscal year ends December 31
Travel & Leisure Co.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 22, 2026
$65.23+0.64 (+0.99%)
Close on Oct 19, 2026
- Market cap
- $4.14B
- P/E (TTM)
- 17.6
- Dividend yield
- 3.43%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
63M of 61M shares
Institutional holders
474
58 new, 51 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
1 buys · 35 sales
Net sold $38.95M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 6,114,617 | 9.20% | 13G (passive) amendment | Jun 30, 2025 |
| Vanguard Portfolio Management | 6,044,722 | 9.68% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 3,189,461 | 5.11% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TNL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,117,065 | 11.63% | $543.96M | −30,672 | 0.01% |
| Vanguard Portfolio Management LLC | 6,062,734 | 9.91% | $463.37M | +56,718 | 0.02% |
| Vanguard Capital Management LLC | 2,702,459 | 4.42% | $206.55M | +3,950 | 0.00% |
| Invesco Ltd. | 2,467,886 | 4.03% | $188.62M | +108,620 | 0.01% |
| State Street Corp | 2,157,772 | 3.53% | $164.92M | +7,641 | 0.00% |
| Lsv Asset Management | 1,786,791 | 2.92% | $136.56K | +147,854 | 0.25% |
| Geode Capital Management, LLC | 1,674,667 | 2.74% | $128.02M | +36,504 | 0.01% |
| Citadel Advisors LLC | 1,525,786 | 2.49% | $116.62M | +472,710 | 0.01% |
| Quantinno Capital Management LP | 1,407,293 | 2.30% | $107.56M | +101,778 | 0.13% |
| Morgan Stanley | 1,358,752 | 2.22% | $103.85M | +383,127 | 0.01% |
| Millennium Management LLC | 1,347,554 | 2.20% | $102.99M | +1,104,638 | 0.04% |
| Aqr Capital Management LLC | 1,307,339 | 2.14% | $99.92M | −543,747 | 0.03% |
| Dimensional Fund Advisors LP | 1,292,391 | 2.11% | $98.78M | +12,277 | 0.02% |
| Norges Bank | 1,184,463 | 1.94% | $90.53M | New | 0.01% |
| Price T Rowe Associates Inc /Md/ | 1,154,826 | 1.89% | $88.26K | +582,172 | 0.01% |
| Copeland Capital Management, LLC | 969,930 | 1.58% | $74.13M | −46,983 | 1.52% |
| Gotham Asset Management, LLC | 954,387 | 1.56% | $72.94M | +271,491 | 0.17% |
| Northern Trust Corp | 897,369 | 1.47% | $68.59M | −24,862 | 0.01% |
| Truist Financial Corp | 878,688 | 1.44% | $67.16M | +76,975 | 0.08% |
| Gmt Capital Corp | 859,241 | 1.40% | $65.67M | −365,600 | 3.42% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 474 | 63M | 100.0% | 58 / 139 | 197 / 51 | 9M | 6M |
| Q1 2026 | 475 | 60M | 97.3% | 84 / 180 | 135 / 44 | 15M | 6M |
| Q4 2025 | 443 | 61M | 99.9% | 74 / 157 | 146 / 49 | 6M | 5M |
| Q3 2025 | 424 | 61M | 98.9% | 62 / 138 | 144 / 43 | 6M | 7M |
| Q2 2025 | 411 | 61M | 100.0% | 59 / 141 | 150 / 45 | 6M | 4M |
| Q1 2025 | 399 | 59M | 96.9% | 59 / 136 | 132 / 44 | 5M | 3M |
| Q4 2024 | 389 | 59M | 95.9% | 67 / 139 | 118 / 44 | 3M | 5M |
| Q3 2024 | 370 | 61M | 99.8% | 53 / 125 | 118 / 48 | 11M | 5M |
| Q2 2024 | 368 | 62M | 100.0% | 56 / 113 | 130 / 40 | 5M | 8M |
| Q1 2024 | 355 | 65M | 100.0% | 48 / 115 | 113 / 41 | 4M | 5M |
| Q4 2023 | 351 | 66M | 100.0% | 61 / 113 | 118 / 33 | 8M | 6M |
| Q3 2023 | 330 | 64M | 100.0% | 42 / 94 | 127 / 42 | 3M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TNL | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 2,134,194 | 3.49% | $163.12M | 0.13% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,881,745 | 3.07% | $143.82M | 0.01% | Jun 30, 2026 |
| Vanguard Equity Income Fund | 1,802,460 | 2.94% | $137.76M | 0.21% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,360,177 | 2.22% | $103.96M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 861,503 | 1.41% | $65.84M | 0.10% | Jun 30, 2026 |
| Invesco Small Cap Value Fund | 748,310 | 1.22% | $56.89M | 0.51% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 714,860 | 1.17% | $54.64M | 0.06% | Jun 30, 2026 |
| Vanguard Strategic Equity Fund | 649,941 | 1.06% | $49.67M | 0.41% | Jun 30, 2026 |
| Vanguard Explorer Fund | 549,459 | 0.90% | $41.77M | 0.19% | Jul 31, 2026 |
| Strategic Advisers U.S. Total Stock Fund | 449,505 | 0.73% | $30.57M | 0.03% | May 31, 2026 |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 421,675 | 0.69% | $32.23M | 0.33% | Jun 30, 2026 |
| iShares S&P Mid-Cap 400 Growth ETF | 374,127 | 0.61% | $28.59M | 0.25% | Jun 30, 2026 |
| Nuveen Mid Cap Value Fund | 356,935 | 0.58% | $27.13M | 1.61% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 328,870 | 0.54% | $22.36M | 0.05% | May 31, 2026 |
| Invesco S&P MidCap Momentum ETF | 317,836 | 0.52% | $24.16M | 0.34% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael Dean Brown | See Remarks, Director | 487,503 | 0.80% | Aug 10, 2026 |
| Thomas Michael Duncan | SVP, Chief Accounting Officer | 5,307 | 0.01% | Aug 27, 2026 |
| Amandine Robin-Caplan | See remarks | 6,645 | 0.01% | Aug 27, 2026 |
| Sy Esfahani | Chief Technology Officer | 0 | – | Aug 6, 2026 |
| Jeffrey Myers | See Remarks | 67,787 | 0.11% | Aug 6, 2026 |
| Geoffrey Richards | See Remarks | 88,121 | 0.14% | Jul 28, 2026 |
| Kimberly Marshall | Chief Human Resources Officer | 0 | – | Jul 24, 2026 |
| Erik D. Hoag | Chief Financial Officer | 25,541 | 0.04% | May 27, 2026 |
| James J. Savina | See Remarks | 0 | – | Mar 19, 2026 |
| Michael Hug | Chief Financial Officer | 181,107 | 0.30% | Mar 18, 2025 |
| George Herrera | Director | 1,353 | 0.00% | Jun 17, 2026 |
| Denny Marie Post | Director | 1,977 | 0.00% | May 15, 2026 |
| Louise F. Brady | Director | 90,222 | 0.15% | Apr 2, 2026 |
| Stephen P. Holmes | Director | 57,604 | 0.09% | Apr 2, 2026 |
| James E. Buckman | Director | 134,870 | 0.22% | Apr 2, 2026 |
| Michael H. Wargotz | Director | 135,521 | 0.22% | Apr 2, 2026 |
| Ronald L. Rickles | Director | 53,558 | 0.09% | Apr 2, 2026 |
| Lucinda Martinez | Director | 3,047 | 0.00% | Apr 2, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Thomas Michael Duncan SVP, Chief Accounting Officer | Aug 26, 2026 | Sale | −20,000 | $74.16 | $1.48M | 5,307 |
| Amandine Robin-Caplan See remarks | Aug 25, 2026 | Tax withholding | −1,689 | $73.67 | $124.43K | 6,645 |
| Amandine Robin-Caplan See remarks | Aug 25, 2026 | Award | +4,291 | – | – | 8,334 |
| Michael Dean Brown See Remarks, Director | Aug 6, 2026 | Option exercise | +200 | $44.38 | $8.88K | 487,503 |
| Michael Dean Brown See Remarks, Director | Aug 6, 2026 | Sale(10b5-1 plan) | −200 | $79.00 | $15.80K | 487,303 |
| Michael Dean Brown See Remarks, Director | Aug 5, 2026 | Option exercise | +4,150 | $44.38 | $184.18K | 491,453 |
| Michael Dean Brown See Remarks, Director | Aug 5, 2026 | Sale(10b5-1 plan) | −4,150 | $79.24 | $328.85K | 487,303 |
| Jeffrey Myers See Remarks | Aug 4, 2026 | Sale | −34,000 | $77.76 | $2.64M | 67,787 |
| Sy Esfahani Chief Technology Officer | Aug 4, 2026 | Sale | −52,617 | $78.00 | $4.10M | 0 |
| Geoffrey Richards See Remarks | Jul 27, 2026 | Sale | −33,744 | $75.65 | $2.55M | 1,600 |
| Kimberly Marshall Chief Human Resources Officer | Jul 23, 2026 | Sale | −32,691 | $75.00 | $2.45M | 0 |
| George Herrera Director | Jun 16, 2026 | Sale | −500 | $75.16 | $37.58K | 1,353 |
| Kimberly Marshall Chief Human Resources Officer | Jun 4, 2026 | Sale | −28,000 | $70.17 | $1.96M | 33,191 |
| Erik D. Hoag Chief Financial Officer | May 25, 2026 | Award | +24,541 | – | – | 25,541 |
| Erik D. Hoag Chief Financial Officer | May 25, 2026 | Tax withholding | −9,658 | $65.12 | $628.93K | 15,883 |
| Denny Marie Post Director | May 14, 2026 | Sale | −2,500 | $63.83 | $159.58K | 1,977 |
| Erik D. Hoag Chief Financial Officer | Apr 23, 2026 | Buy | +1,000 | $65.67 | $65.67K | 1,000 |
| Michael Dean Brown See Remarks, Director | Apr 17, 2026 | Option exercise | +9,443 | $44.38 | $419.08K | 496,746 |
| Michael Dean Brown See Remarks, Director | Apr 17, 2026 | Sale(10b5-1 plan) | −9,443 | $79.11 | $747.04K | 487,303 |
| Michael Dean Brown See Remarks, Director | Apr 16, 2026 | Sale(10b5-1 plan) | −1,109 | $79.13 | $87.76K | 487,303 |
| Michael Dean Brown See Remarks, Director | Apr 16, 2026 | Option exercise | +1,109 | $44.38 | $49.22K | 488,412 |
| Michael Dean Brown See Remarks, Director | Apr 15, 2026 | Sale(10b5-1 plan) | −2,612 | $79.00 | $206.35K | 487,303 |
| Michael Dean Brown See Remarks, Director | Apr 15, 2026 | Option exercise | +2,612 | $44.38 | $115.92K | 489,915 |
| Michael Dean Brown See Remarks, Director | Apr 14, 2026 | Sale(10b5-1 plan) | −8,910 | $79.02 | $704.07K | 487,303 |
| Michael Dean Brown See Remarks, Director | Apr 14, 2026 | Option exercise | +8,910 | $44.38 | $395.43K | 496,213 |
| Louise F. Brady Director | Mar 31, 2026 | Award | +802 | – | – | 90,222 |
| Michael H. Wargotz Director | Mar 31, 2026 | Award | +1,193 | – | – | 135,521 |
| George Herrera Director | Mar 31, 2026 | Award | +402 | – | – | 46,735 |
| Denny Marie Post Director | Mar 31, 2026 | Award | +399 | – | – | 43,157 |
| Lucinda Martinez Director | Mar 31, 2026 | Award | +40 | – | – | 3,047 |
| Ronald L. Rickles Director | Mar 31, 2026 | Award | +488 | – | – | 53,558 |
| James E. Buckman Director | Mar 31, 2026 | Award | +1,188 | – | – | 134,870 |
| Stephen P. Holmes Director | Mar 31, 2026 | Award | +494 | – | – | 54,211 |
| George Herrera Director | Mar 18, 2026 | Sale | −1,748 | $70.31 | $122.90K | 1,853 |
| James J. Savina See Remarks | Mar 17, 2026 | Sale | −31,596 | $70.38 | $2.22M | 0 |
| George Herrera Director | Mar 17, 2026 | Sale | −1,214 | $70.48 | $85.56K | 3,601 |
| Kimberly Marshall Chief Human Resources Officer | Mar 15, 2026 | Tax withholding | −2,266 | $68.53 | $155.29K | 61,191 |
| Kimberly Marshall Chief Human Resources Officer | Mar 15, 2026 | Award | +5,757 | – | – | 63,457 |
| Jeffrey Myers See Remarks | Mar 15, 2026 | Tax withholding | −5,225 | $68.53 | $358.07K | 101,787 |
| Jeffrey Myers See Remarks | Mar 15, 2026 | Award | +13,277 | – | – | 107,012 |
| Amandine Robin-Caplan See Remarks | Mar 15, 2026 | Tax withholding | −1,143 | $68.53 | $78.33K | 4,043 |
| Amandine Robin-Caplan See Remarks | Mar 15, 2026 | Award | +2,904 | – | – | 5,186 |
| Thomas Michael Duncan SVP, Chief Accounting Officer | Mar 15, 2026 | Tax withholding | −253 | $68.53 | $17.34K | 26,091 |
| Thomas Michael Duncan SVP, Chief Accounting Officer | Mar 15, 2026 | Award | +1,037 | – | – | 26,344 |
| Sy Esfahani Chief Technology Officer | Mar 15, 2026 | Award | +4,979 | – | – | 54,577 |
| Sy Esfahani Chief Technology Officer | Mar 15, 2026 | Tax withholding | −1,960 | $68.53 | $134.32K | 52,617 |
| James J. Savina See Remarks | Mar 15, 2026 | Tax withholding | −2,939 | $68.53 | $201.41K | 31,596 |
| James J. Savina See Remarks | Mar 15, 2026 | Award | +7,468 | – | – | 34,535 |
| Geoffrey Richards See Remarks | Mar 15, 2026 | Tax withholding | −5,225 | $68.53 | $358.07K | 37,998 |
| Geoffrey Richards See Remarks | Mar 15, 2026 | Award | +13,277 | – | – | 43,223 |
| Michael Dean Brown See Remarks, Director | Mar 15, 2026 | Award | +29,044 | – | – | 498,732 |
| Michael Dean Brown See Remarks, Director | Mar 15, 2026 | Tax withholding | −11,429 | $68.53 | $783.23K | 487,303 |
| Denny Marie Post Director | Mar 11, 2026 | Award | +3,478 | – | – | 42,758 |
| Kimberly Marshall Chief Human Resources Officer | Mar 11, 2026 | Award | +20,979 | – | – | 48,304 |
| Amandine Robin-Caplan See remarks | Mar 11, 2026 | Award | +12,062 | – | – | 40,649 |
| Louise F. Brady Director | Mar 11, 2026 | Award | +5,524 | – | – | 89,420 |
| Thomas Michael Duncan SVP, Chief Accounting Officer | Mar 11, 2026 | Award | +2,622 | – | – | 35,707 |
| Stephen P. Holmes Director | Mar 11, 2026 | Award | +4,125 | – | – | 53,717 |
| George Herrera Director | Mar 11, 2026 | Award | +3,601 | – | – | 4,815 |
| James E. Buckman Director | Mar 11, 2026 | Award | +3,880 | – | – | 133,682 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Michael Duncan Thomas officer | Aug 26, 2026 | 20,000 | $1.48M | Aug 26, 2026 | RSU |
| Michael Dean Brown Officer, Director | Aug 6, 2026 | 200 | $15.80K | Aug 6, 2026 | Stock Option Exercise |
| Michael Dean Brown Officer, Director | Aug 5, 2026 | 4,150 | $328.83K | Aug 5, 2026 | Stock Option Exercise |
| Myers Jeffrey Officer | Aug 4, 2026 | 34,000 | $2.64M | Aug 4, 2026 | RSU |
| Sy Esfahani Officer | Aug 4, 2026 | 52,617 | $4.10M | Aug 4, 2026 | Restricted Stock Vesting |
| Richards Geoffrey Officer | Jul 27, 2026 | 33,744 | $2.55M | Jul 27, 2026 | RSU Vesting |
| Kimberly Marshall Officer | Jul 23, 2026 | 20,955 | $1.57M | Jul 23, 2026 | Restricted Stock Vesting |
| Marshall Kimberly Officer | Jul 23, 2026 | 11,736 | $350.56K | Jul 23, 2026 | RSU |
| George Herrera Director | Jun 16, 2026 | 500 | $37.58K | Jun 16, 2026 | Restricted Stock Vesting |
| Marshall Kimberly officer | Jun 4, 2026 | 28,000 | $1.96M | Jun 4, 2026 | Stock Option |
| Post Denny Director | May 14, 2026 | 2,500 | $157.83K | May 14, 2026 | stock bonus |
| Michael Dean Brown Officer, Director | Apr 17, 2026 | 9,443 | $746.99K | Apr 17, 2026 | Option Granted - 03/07/2019 |
| Michael Dean Brown Officer, Director | Apr 16, 2026 | 1,109 | $87.76K | Apr 16, 2026 | Option Granted - 03/07/2019 |
| Michael Dean Brown Officer, Director | Apr 15, 2026 | 2,612 | $206.36K | Apr 15, 2026 | Option Granted 03/07/2019 |
| Michael Dean Brown Officer, Director | Apr 14, 2026 | 8,910 | $704.07K | Apr 14, 2026 | Options Granted - 03/07/2019 |