5 Stocks to Invest In According to Bart Baum’s Ionic Capital

4. Travel + Leisure Co. (NYSE:TNL)

Ionic Capital Stake Value: $15,361,000
Percentage of Ionic Capital’s 13F Portfolio: 1.95%
Number of Hedge Fund Holders: 34

With approximately 20 resorts, travel clubs, and lifestyle travel brands under its belt, Travel + Leisure Co. (NYSE:TNL) is a membership and leisure travel organization. Travel + Leisure Co. (NYSE:TNL) features online and print travel content, online book stores, and subscription travel brands, providing vacation experiences and travel inspiration to owners, members, and subscribers through its products and services.

Travel + Leisure Co. (NYSE:TNL) accounts for about 1.95% of Bart Baum’s Ionic Capital portfolio, as the hedge fund owns a $15.36 million stake in the company. Overall, hedge funds are loading up on Travel + Leisure Co. (NYSE:TNL), as 34 out of the 924 funds tracked by Insider Monkey held stakes in the company in Q4, up from 33 funds a quarter earlier.