Who owns TLN (TLN)
Which tracked institutional funds hold TLN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TLN company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
119 tracked funds added or opened TLN while 262 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TLN’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes TLN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in TLN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 579 tracked filers holding TLN, 333 increased or opened the position and 285 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TLN between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 47
- VANGUARD PORTFOLIO MANAGEMENT LLC$669M
- VANGUARD CAPITAL MANAGEMENT LLC$653M
- VANGUARD FIDUCIARY TRUST CO$91M
- Holocene Advisors, LP$40M
- DENDUR CAPITAL LP$40M
- Blackstone Inc.$38M
Full exits 60
- VANGUARD GROUP INC$1.6B
- Newbrook Capital Advisors LP$53M
- PointState Capital LP$51M
- TCW GROUP INC$45M
- Qube Research & Technologies Ltd$41M
- MAPLELANE CAPITAL, LLC$41M
Largest adds
- MILLENNIUM MANAGEMENT LLC$120M
- Sachem Head Capital Management LP$119M
- Attestor Capital Ltd$99M
- LONE PINE CAPITAL LLC$96M
- HRT FINANCIAL LP$57M
- GOLDMAN SACHS GROUP INC$54M
Largest trims
- FRED ALGER MANAGEMENT, LLC$298M
- BlackRock, Inc.$283M
- Invesco Ltd.$244M
- Rubric Capital Management LP$200M
- MFN Partners Management, LP$167M
- Point72 Asset Management, L.P.$133M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 3,809,366 | $1.2B | 7.6% | 2026-Q1 |
| Rubric Capital Management LP | 3,602,171 | $1.1B | 7.2% | 2026-Q1 |
| MFN Partners Management, LP | 3,000,000 | $958M | 6.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,096,199 | $669M | 4.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,046,365 | $653M | 4.1% | 2026-Q1 |
| LONE PINE CAPITAL LLC added | 1,817,947 | $580M | 3.6% | 2026-Q1 |
| Sachem Head Capital Management LP added | 1,547,500 | $494M | 3.1% | 2026-Q1 |
| REAVES W H & CO INC trimmed | 1,510,697 | $482M | 3.0% | 2026-Q1 |
| STATE STREET CORP added | 1,343,015 | $429M | 2.7% | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC trimmed | 1,185,953 | $379M | 2.4% | 2026-Q1 |
| Invesco Ltd. trimmed | 929,110 | $297M | 1.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 909,910 | $291M | 1.8% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 787,161 | $251M | 1.6% | 2026-Q1 |
| Capital World Investors | 774,999 | $247M | 1.5% | 2026-Q1 |
| CARRONADE CAPITAL MANAGEMENT, LP added | 644,484 | $206M | 1.3% | 2026-Q1 |
| Two Seas Capital LP added | 579,129 | $185M | 1.2% | 2026-Q1 |
| FMR LLC trimmed | 539,618 | $172M | 1.1% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 525,214 | $168M | 1.0% | 2026-Q1 |
| Attestor Capital Ltd added | 479,936 | $153M | 1.0% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 443,821 | $142M | 0.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 406,498 | $130M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 396,057 | $126M | 0.8% | 2026-Q1 |
| NORGES BANK added | 619,998 | $124M | 0.8% | 2026-Q1 |
| YACKTMAN ASSET MANAGEMENT LP trimmed | 359,900 | $115M | 0.7% | 2026-Q1 |
| Pictet Asset Management Holding SA added | 334,391 | $107M | 0.7% | 2026-Q1 |
| OAKTREE CAPITAL MANAGEMENT LP | 331,117 | $106M | 0.7% | 2026-Q1 |
| Capital Research Global Investors trimmed | 322,497 | $103M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 318,975 | $102M | 0.6% | 2026-Q1 |
| Deltroit Asset Management (UK) LLP added | 310,380 | $99M | 0.6% | 2026-Q1 |
| UBS Group AG added | 308,744 | $99M | 0.6% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 301,964 | $96M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp added | 300,578 | $96M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 284,008 | $91M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 279,069 | $89M | 0.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 275,105 | $88M | 0.5% | 2026-Q1 |
| Bridgewater Associates, LP added | 266,099 | $85M | 0.5% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 257,438 | $84M | 0.5% | 2026-Q1 |
| Glendon Capital Management LP trimmed | 257,024 | $82M | 0.5% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 253,851 | $81M | 0.5% | 2026-Q1 |
| BROWN ADVISORY INC added | 249,555 | $80M | 0.5% | 2026-Q1 |
| Atalan Capital Partners, LP trimmed | 229,600 | $73M | 0.5% | 2026-Q1 |
| Two Creeks Capital Management, LP added | 224,779 | $72M | 0.4% | 2026-Q1 |
| JENNISON ASSOCIATES LLC trimmed | 220,613 | $70M | 0.4% | 2026-Q1 |
| Blue Grotto Capital, LLC added | 220,000 | $70M | 0.4% | 2026-Q1 |
| Bornite Capital Management LP added | 208,800 | $67M | 0.4% | 2026-Q1 |
| Artemis Investment Management LLP added | 191,333 | $61M | 0.4% | 2026-Q1 |
| HRT FINANCIAL LP added | 186,900 | $60M | 0.4% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 184,399 | $59M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 182,995 | $58M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 172,291 | $55M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 160,393 | $51M | 0.3% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 158,714 | $51M | 0.3% | 2026-Q1 |
| TREMBLANT CAPITAL GROUP added | 157,560 | $50M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 157,293 | $49M | 0.3% | 2026-Q1 |
| Assenagon Asset Management S.A. trimmed | 153,437 | $49M | 0.3% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 153,413 | $49M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 147,394 | $47M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 145,451 | $46M | 0.3% | 2026-Q1 |
| TORTOISE CAPITAL ADVISORS, L.L.C. added | 139,041 | $44M | 0.3% | 2026-Q1 |
| BARCLAYS PLC added | 137,933 | $44M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 137,868 | $44M | 0.3% | 2026-Q1 |
| US BANCORP \DE\ added | 131,729 | $42M | 0.3% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 131,461 | $42M | 0.3% | 2026-Q1 |
| FIL Ltd trimmed | 130,675 | $42M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 130,321 | $42M | 0.3% | 2026-Q1 |
| Holocene Advisors, LP added | 125,940 | $40M | 0.3% | 2026-Q1 |
| DENDUR CAPITAL LP new | 124,000 | $40M | 0.2% | 2026-Q1 |
| GILDER GAGNON HOWE & CO LLC trimmed | 120,181 | $38M | 0.2% | 2026-Q1 |
| Blackstone Inc. trimmed | 117,539 | $38M | 0.2% | 2026-Q1 |
| EVENTIDE ASSET MANAGEMENT, LLC trimmed | 117,183 | $37M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 115,856 | $37M | 0.2% | 2026-Q1 |
| Clearline Capital LP trimmed | 113,196 | $36M | 0.2% | 2026-Q1 |
| DG Capital Management, LLC added | 112,144 | $36M | 0.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 110,025 | $35M | 0.2% | 2026-Q1 |
| Charter Oak Advisors LP added | 109,931 | $35M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 101,953 | $33M | 0.2% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 101,566 | $32M | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 90,995 | $29M | 0.2% | 2026-Q1 |
| TRAN CAPITAL MANAGEMENT, L.P. trimmed | 90,712 | $29M | 0.2% | 2026-Q1 |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT trimmed | 89,300 | $29M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 87,150 | $28M | 0.2% | 2026-Q1 |
| Amundi added | 85,720 | $27M | 0.2% | 2026-Q1 |
| Portolan Capital Management, LLC added | 81,574 | $26M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,400,956 | $1.6B | 10.3% | 2025-Q4 stale |
| Castle Hook Partners LP added | 935,376 | $398M | 2.5% | 2025-Q3 stale |
| Third Point LLC trimmed | 350,000 | $149M | 0.9% | 2025-Q3 stale |
| Gimbel Daniel Scott trimmed | 500,607 | $146M | 0.9% | 2025-Q2 stale |
| Palestra Capital Management LLC new | 191,560 | $81M | 0.5% | 2025-Q3 stale |
| Fortress Investment Group LLC trimmed | 388,159 | $78M | 0.5% | 2025-Q1 stale |
| TOMS Capital Investment Management LP new | 327,000 | $65M | 0.4% | 2025-Q1 stale |
| Zurich Insurance Group Ltd/FI added | 132,807 | $56M | 0.4% | 2025-Q3 stale |
| Newbrook Capital Advisors LP trimmed | 140,991 | $53M | 0.3% | 2025-Q4 stale |
| PointState Capital LP trimmed | 135,870 | $51M | 0.3% | 2025-Q4 stale |
| TCW GROUP INC added | 120,225 | $45M | 0.3% | 2025-Q4 stale |
| Maple Rock Capital Partners Inc. trimmed | 98,175 | $42M | 0.3% | 2025-Q3 stale |
| Qube Research & Technologies Ltd added | 109,456 | $41M | 0.3% | 2025-Q4 stale |
| MAPLELANE CAPITAL, LLC trimmed | 109,000 | $41M | 0.3% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP trimmed | 93,400 | $40M | 0.2% | 2025-Q3 stale |
| Progeny 3, Inc. | 86,500 | $32M | 0.2% | 2025-Q4 stale |
| Situational Awareness LP added | 148,395 | $30M | 0.2% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.