Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
460 institutional managers reported holding TNL for the quarter ended Mar 31, 2026. Together they hold about 91% of shares outstanding; the top 10 hold 47%. 74 opened new positions; 50 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Vanguard Group | 9.25M | 14.36% | $639.5M | trimmed -3% | 2021 Q1 |
| BlackRock | 7.15M | 11.10% | $494.3M | added +13.7% | 2021 Q1 |
| Invesco | 2.36M | 3.66% | $163.2M | trimmed -35.1% | 2021 Q1 |
| State Street | 2.15M | 3.34% | $148.7M | added +2.1% | 2021 Q1 |
| AQR Capital | 1.85M | 2.87% | $128.0M | trimmed -15.2% | 2021 Q1 |
| LSV Asset Management | 1.64M | 2.54% | $113.3M | added +1.6% | 2021 Q1 |
| Geode Capital | 1.64M | 2.54% | $113.3M | added +35.5% | 2021 Q1 |
| Nuveen | 1.32M | 2.05% | $91.2M | added +3.9% | 2021 Q1 |
| Quantinno Capital Management LP | 1.31M | 2.03% | $90.3M | added +21.7% | 2022 Q4 |
| Dimensional Fund Advisors | 1.28M | 1.99% | $88.5M | unchanged | 2021 Q1 |
| GMT Capital CORP | 1.22M | 1.90% | $84.7M | trimmed -12.2% | 2022 Q2 |
| Citadel Advisors | 1.05M | 1.64% | $72.8M | added +50.2% | 2021 Q1 |
| Copeland Capital Management, LLC | 1.02M | 1.58% | $70.3M | trimmed -8.9% | 2022 Q1 |
| Morgan Stanley | 975.6k | 1.51% | $67.5M | added +7.7% | 2021 Q1 |
| Northern Trust | 922.2k | 1.43% | $63.8M | trimmed -4.7% | 2021 Q1 |
| Charles Schwab Investment Management | 823.5k | 1.28% | $56.9M | added +0.8% | 2021 Q1 |
| Truist Financial CORP | 801.7k | 1.25% | $55.4M | added +8.6% | 2025 Q3 |
| Swedbank Robur | 774.5k | 1.20% | $53.6M | unchanged | 2021 Q1 |
| BNY Mellon | 762.1k | 1.18% | $52.7M | unchanged | 2021 Q1 |
| Envestnet Asset Management INC | 761.5k | 1.18% | $52.7M | added +5.7% | 2021 Q1 |
| Gotham Asset Management | 682.9k | 1.06% | $47.2M | added +8.2% | 2022 Q3 |
| Driehaus Capital Management LLC | 639.0k | 0.99% | $44.2M | trimmed -24.6% | 2025 Q3 |
| Arrowstreet Capital | 633.5k | 0.98% | $43.8M | trimmed -4.4% | 2021 Q1 |
| Ranmore Fund Management LTD (focused) | 590.8k | 0.92% | $40.9M | unchanged | 2024 Q4 |
| T. Rowe Price | 572.7k | 0.89% | $39.6M | trimmed -35.3% | 2021 Q1 |
| Solel Partners LP (focused) | 552.6k | 0.86% | $38.2M | unchanged | 2021 Q1 |
| Acadian Asset Management | 508.0k | 0.79% | $35.1M | added +57.8% | 2021 Q4 |
| Goldman Sachs | 502.7k | 0.78% | $34.8M | trimmed -11.4% | 2021 Q1 |
| Jupiter Asset Management LTD | 473.3k | 0.73% | $32.7M | unchanged | 2025 Q2 |
| Ameriprise Financial INC | 430.9k | 0.67% | $29.8M | trimmed -2.4% | 2021 Q1 |
| UBS | 426.1k | 0.66% | $29.5M | trimmed -14% | 2021 Q1 |
| Advisors Capital Management, LLC | 404.3k | 0.63% | $28.0M | unchanged | 2022 Q2 |
| First Trust Advisors LP | 395.5k | 0.61% | $27.4M | trimmed -3.3% | 2021 Q1 |
| SEI Investments CO | 389.5k | 0.60% | $26.9M | added +39.7% | 2021 Q1 |
| Nomura Asset Management International INC. | 385.2k | 0.60% | $26.6M | added +21.4% | 2024 Q4 |
| BNP Paribas Financial Markets | 371.0k | 0.58% | $25.7M | added +8.8% | 2022 Q3 |
| Franklin Resources | 303.2k | 0.47% | $21.0M | added +575.7% | 2023 Q2 |
| FMR (Fidelity) | 285.2k | 0.44% | $19.7M | trimmed -19.4% | 2021 Q1 |
| Stifel Financial CORP | 264.4k | 0.41% | $18.3M | added +8% | 2021 Q1 |
| Millennium Management | 242.9k | 0.38% | $16.8M | added +221.5% | 2021 Q1 |
| LOS Angeles Capital Management LLC | 240.4k | 0.37% | $16.6M | added +7212.2% | 2025 Q3 |
| Neuberger Berman Group LLC | 223.6k | 0.35% | $15.5M | added +1.2% | 2021 Q1 |
| Crossmark Global Holdings, INC. | 205.8k | 0.32% | $14.2M | added +273.1% | 2021 Q1 |
| Bank OF America CORP /DE/ | 204.5k | 0.32% | $14.1M | added +4.7% | 2021 Q1 |
| Retirement Systems of Alabama | 202.2k | 0.31% | $14.0M | trimmed -20.1% | 2021 Q1 |
| Iridian Asset Management LLC/CT (focused) | 197.0k | 0.31% | $13.6M | trimmed -6.1% | 2021 Q1 |
| Voya Investment Management LLC | 196.7k | 0.30% | $13.6M | trimmed -7.9% | 2021 Q1 |
| Rhumbline Advisers | 194.5k | 0.30% | $13.5M | added +1.9% | 2021 Q1 |
| Hotchkis & Wiley Capital Management LLC | 190.8k | 0.30% | $13.2M | trimmed -12.5% | 2021 Q1 |
| Hudson Bay Capital | 187.2k | 0.29% | $12.9M | added +9.5% | 2025 Q4 |
Largest 50 of 460 shown; the full ranked, searchable register is at boothcheck.com/holders/TNL. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.