TRAVELERS COMPANIES INC TRV
COM · Common Stock · CUSIP 89417E109 · ISIN US89417E1091
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersSaint Paul, MN
- Founded1853
- Websitetravelers.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($173.3m this quarter). Holder counts are more reliable. Shares outstanding: 226.7m as of 2025-02-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $240.73. Options: 23 managers hold calls ($109.0m notional), 22 hold puts ($101.3m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,202 |
| Q4 2022 | 1,297 |
| Q1 2023 | 1,264 |
| Q2 2023 | 1,286 |
| Q3 2023 | 1,261 |
| Q4 2023 | 1,331 |
| Q1 2024 | 1,446 |
| Q2 2024 | 1,409 |
| Q3 2024 | 1,468 |
| Q4 2024 | 1,583 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 501 | 603 |
| Q2 2023 | 561 | 552 |
| Q3 2023 | 531 | 594 |
| Q4 2023 | 555 | 568 |
| Q1 2024 | 636 | 585 |
| Q2 2024 | 597 | 616 |
| Q3 2024 | 616 | 612 |
| Q4 2024 | 629 | 640 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $182.7m | $197.1m | 1.08 |
| Q2 2024 | $110.9m | $183.4m | 1.65 |
| Q3 2024 | $172.5m | $143.6m | 0.83 |
| Q4 2024 | $109.0m | $101.3m | 0.93 |
Biggest buyers
| Balyasny Asset Management L.P. | Added | +907.3k |
| VIKING GLOBAL INVESTORS LP | New | +671.8k |
| Qube Research & Technologies Ltd | Added | +588.3k |
| BlackRock, Inc. | Added | +503.6k |
| Allianz Asset Management GmbH | Added | +433.7k |
| NORTHERN TRUST CORP | Added | +364.4k |
| MACKENZIE FINANCIAL CORP | Added | +359.8k |
| CITADEL ADVISORS LLC | Added | +302.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +291.5k |
| MORGAN STANLEY | Added | +264.2k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -15.9m |
| Lido Advisors, LLC | Reduced | -918.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -736.6k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -518.2k |
| MACQUARIE GROUP LTD | Reduced | -447.6k |
| Amundi | Reduced | -325.4k |
| NORGES BANK | Reduced | -321.7k |
| BANK OF MONTREAL /CAN/ | Reduced | -264.9k |
| Caisse de depot et placement du Quebec | Reduced | -255.6k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -239.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $30.4m126.1k shares |
| IMC-Chicago, LLC | Added | $16.2m67.1k shares |
| SIMPLEX TRADING, LLC | Added | $13.1m54.5k shares |
| Cubist Systematic Strategies, LLC | Added | $11.4m47.4k shares |
| CITADEL ADVISORS LLC | Reduced | $5.6m23.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $5.4m22.4k shares |
| JANE STREET GROUP, LLC | Reduced | $5.2m21.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.9m20.4k shares |
| Delta Accumulation, LLC | New | $2.7m2.8k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $2.5m10.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $35.8m148.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.7m56.8k shares |
| WOLVERINE TRADING, LLC | Added | $13.2m55.0k shares |
| IMC-Chicago, LLC | Reduced | $6.3m26.0k shares |
| Cubist Systematic Strategies, LLC | Added | $5.2m21.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $2.8m11.8k shares |
| Walleye Capital LLC | Added | $2.8m11.5k shares |
| Delta Accumulation, LLC | New | $2.7m2.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $2.7m11.1k shares |
| Walleye Trading LLC | Reduced | $2.1m8.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| FMR LLC 13G · institution -1.1 pts · filed 2026-05-06 | 5.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 8 | $41.3m | — |
| Q2 2023 | 0 | — | 3 | $10.6m | — |
| Q3 2023 | 0 | — | 1 | $1.8m | — |
| Q4 2023 | 0 | — | 3 | $2.0m | — |
| Q1 2024 | 0 | — | 13 | $63.8m | — |
| Q2 2024 | 0 | — | 4 | $6.0m | — |
| Q3 2024 | 0 | — | 5 | $10.0m | — |
| Q4 2024 | 0 | — | 8 | $34.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-29 | HEYMAN WILLIAM H Vice Chairman | Sold | $269.0k1.0k shares |
| 2024-11-27 | HEYMAN WILLIAM H Vice Chairman | Sold | $535.0k2.0k shares |
| 2024-11-26 | Rowland David Donnay EVP & Co-Chief Invest. Officer | Sold | $1.1m4.0k shares |
| 2024-11-25 | HEYMAN WILLIAM H Vice Chairman | Sold | $990.4k3.7k shares |
| 2024-11-18 | OLIVO MARIA EVP, Strat Dev & Pres Intl | Sold | $2.7m10.4k shares |
| 2024-11-18 | HEYMAN WILLIAM H Vice Chairman | Sold | $262.0k1.0k shares |
| 2024-11-15 | HEYMAN WILLIAM H Vice Chairman | Sold | $1.3m5.0k shares |
| 2024-11-11 | HEYMAN WILLIAM H Vice Chairman | Sold | $1.8m7.0k shares |
| 2024-11-08 | HEYMAN WILLIAM H Vice Chairman | Sold | $768.0k3.0k shares |
| 2024-11-06 | HEYMAN WILLIAM H Vice Chairman | Sold | $510.4k2.0k shares |
| 2024-10-28 | BESSETTE ANDY F EVP and Chief Admin Officer | Sold | $1.1m4.5k shares |
| 2024-10-24 | HEYMAN WILLIAM H Vice Chairman | Sold | $523.6k2.0k shares |
| 2024-10-23 | Klein Michael Frederick EVP & President, Personal Ins. | Sold | $2.6m10.0k shares |
| 2024-10-22 | HEYMAN WILLIAM H Vice Chairman | Sold | $781.6k3.0k shares |
| 2024-10-21 | Schnitzer Alan D Chairman and CEO, director | Sold | $10.3m39.7k shares |
| 2024-10-21 | Lefebvre Mojgan M EVP & Chief Tech & Ops Officer | Sold | $5.5m21.0k shares |
| 2024-10-21 | Schnitzer Alan D Chairman and CEO, director | Sold | $2.6m10.0k shares |
| 2024-10-21 | Kurtzman Diane EVP & Chief HR Officer | Sold | $1.0m3.9k shares |
| 2024-10-21 | Schnitzer Alan D Chairman and CEO, director | Sold | $212.4k800 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 21.6m $5.2bn | Added +117.1k |
| BlackRock, Inc. 0.10% of their portfolio | 19.8m $4.8bn | Added +503.6k |
| STATE STREET CORP 0.15% of their portfolio | 15.8m $3.8bn | Added +197.1k |
| FMR LLC 0.21% of their portfolio | 14.3m $3.4bn | Added +229.2k |
| JPMORGAN CHASE & CO 0.14% of their portfolio | 7.4m $1.8bn | Reduced -15.9m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.46% of their portfolio | 6.0m $1.5bn | Reduced -736.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 5.3m $1.3bn | Added +182.3k |
| MORGAN STANLEY 0.08% of their portfolio | 4.4m $1.1bn | Added +264.2k |
| Clearbridge Investments, LLC 0.80% of their portfolio | 4.1m $992.3m | Reduced -98.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio | 3.8m $903.9m | Added +70.0k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 3.5m $844.9m | Reduced -109.7k |
| DIMENSIONAL FUND ADVISORS LP 0.20% of their portfolio | 3.4m $813.7m | Added +243.5k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 3.3m $802.0m | Added +364.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 2.7m $653.4m | Added +291.5k |
| NORGES BANK 0.07% of their portfolio | 2.3m $560.9m | Reduced -321.7k |
| Bank of New York Mellon Corp 0.08% of their portfolio | 1.8m $425.7m | Reduced -228.8k |
| Legal & General Group Plc 0.11% of their portfolio | 1.8m $421.8m | Reduced -78.3k |
| UBS Group AG 0.09% of their portfolio | 1.7m $415.3m | Added +25.7k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 1.5m $372.1m | Added +186.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 1.5m $366.8m | Added +26.1k |
| Balyasny Asset Management L.P. 0.84% of their portfolio | 1.5m $360.7m | Added +907.3k |
| Invesco Ltd. 0.06% of their portfolio | 1.4m $345.9m | Added +104.3k |
| BARCLAYS PLC 0.15% of their portfolio | 1.2m $300.0m | Added +42.5k |
| Boston Partners 0.36% of their portfolio | 1.2m $297.3m | Reduced -6.9k |
| Nuveen Asset Management, LLC 0.08% of their portfolio | 1.2m $294.4m | Reduced -54.1k |
| Bahl & Gaynor LLC 1.51% of their portfolio | 1.2m $286.5m | Added +51.6k |
| AQR CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 1.2m $277.9m | Reduced -26.1k |
| MACQUARIE GROUP LTD 0.33% of their portfolio | 1.1m $272.9m | Reduced -447.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.93% of their portfolio | 1.1m $263.6m | Added +8.8k |
| California Public Employees Retirement System 0.16% of their portfolio | 1.0m $245.5m | Reduced -1.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.18% of their portfolio | 945.8k $227.8m | Added +82.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 884.6k $213.1m | Reduced -6.3k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 869.5k $209.3m | Reduced -90.7k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 846.8k $204.0m | Added +3.0k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 822.0k $198.0m | Added +145.0k |
| Allianz Asset Management GmbH 0.28% of their portfolio | 788.5k $189.9m | Added +433.7k |
| Amundi 0.07% of their portfolio | 780.3k $189.4m | Reduced -325.4k |
| Qube Research & Technologies Ltd 0.29% of their portfolio | 724.9k $174.6m | Added +588.3k |
| FEDERATED HERMES, INC. 0.38% of their portfolio | 716.9k $172.7m | Reduced -103.0k |
| Cullen Capital Management, LLC 1.98% of their portfolio | 706.8k $170.3m | Reduced -36.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 694.8k $167.4m | Added +11.0k |
| VIKING GLOBAL INVESTORS LP 0.52% of their portfolio | 671.8k $161.8m | New |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 645.6k $155.0m | Added +86.9k |
| Swiss National Bank 0.10% of their portfolio | 643.9k $155.1m | Reduced -35.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.44% of their portfolio | 636.4k $153.3m | Reduced -74.8k |
| MACKENZIE FINANCIAL CORP 0.06% of their portfolio | 594.4k $140.7m | Added +359.8k |
| Russell Investments Group, Ltd. 0.20% of their portfolio | 589.3k $141.9m | Added +4.8k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 575.4k $138.6m | First filing |
| US BANCORP \DE\ 0.17% of their portfolio | 543.0k $130.8m | Reduced -3.7k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 524.6k $126.4m | Reduced -91.6k |
| Polar Capital Holdings Plc 0.69% of their portfolio | 510.0k $122.9m | Reduced -10.0k |
| National Pension Service 0.12% of their portfolio | 505.5k $121.8m | Reduced -169.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.11% of their portfolio | 477.0k $115.6m | Added +29.3k |
| Verition Fund Management LLC 0.54% of their portfolio | 444.4k $107.0m | Added +163.6k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 440.8k $106.2m | Reduced -264.9k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 431.1k $103.8m | Reduced -8.8k |
| Robeco Institutional Asset Management B.V. 0.19% of their portfolio | 422.4k $101.8m | Added +56.1k |
| PNC Financial Services Group, Inc. 0.07% of their portfolio | 404.0k $97.3m | Added +10.6k |
| EQUITY INVESTMENT CORP 2.24% of their portfolio | 396.8k $95.6m | Reduced -5.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 383.4k $92.4m | Reduced -77.8k |
| NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio | 383.0k $92.3m | Reduced -14.9k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 377.5k $90.9m | Added +21.2k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 366.0k $88.2m | Added +302.8k |
| Aberdeen Group plc 0.16% of their portfolio | 364.3k $87.2m | Reduced -14.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 360.9k $86.9m | Reduced -14.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 352.5k $84.9m | Reduced -239.8k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 346.6k $83.5m | Reduced -29.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.21% of their portfolio | 343.6k $82.8m | Added +107.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.29% of their portfolio | 334.1k $80.5m | Added +199.3k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 331.3k $79.8m | Reduced -8.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 315.3k $76.0m | Reduced -2.0k |
| DekaBank Deutsche Girozentrale 0.14% of their portfolio | 314.1k $74.9m | Unchanged |
| BANK OF NOVA SCOTIA 0.13% of their portfolio | 307.1k $74.0m | Added +220.5k |
| TD Asset Management Inc 0.06% of their portfolio | 290.5k $70.0m | Added +20.1k |
| PANAGORA ASSET MANAGEMENT INC 0.32% of their portfolio | 290.5k $70.0m | Reduced -66.3k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 289.3k $69.7m | Reduced -76.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 279.0k $67.2m | Reduced -2.4k |
| Lansforsakringar Fondforvaltning AB (publ) 0.25% of their portfolio | 277.7k $66.9m | First filing |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.13% of their portfolio | 276.0k $66.5m | First filing |
| PRUDENTIAL FINANCIAL INC 0.09% of their portfolio | 270.0k $65.0m | Added +114.1k |
| CANADA LIFE ASSURANCE Co 0.11% of their portfolio | 267.5k $64.4m | Reduced -35.4k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 262.1k $63.1m | Reduced -6.2k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 257.5k $62.0m | Reduced -101.0k |
| Assenagon Asset Management S.A. 0.11% of their portfolio | 257.0k $61.9m | Added +172.0k |
| Woodline Partners LP 0.41% of their portfolio | 251.8k $60.7m | New |
| STOREBRAND ASSET MANAGEMENT AS 0.18% of their portfolio | 251.3k $60.5m | Added +317 |
| CITIGROUP INC 0.06% of their portfolio | 245.7k $59.2m | Reduced -11.5k |
| Cornerstone Investment Partners, LLC 2.94% of their portfolio | 245.2k $59.1m | Reduced -31.1k |
| Sumitomo Mitsui DS Asset Management Company, Ltd 0.60% of their portfolio | 243.7k $58.7m | Reduced -5.1k |
| Junto Capital Management LP 1.14% of their portfolio | 237.5k $57.2m | New |
| Brandywine Global Investment Management, LLC 0.39% of their portfolio | 223.4k $53.8m | Reduced -16.9k |
| Paralel Advisors LLC 2.26% of their portfolio | 220.0k $53.0m | Unchanged |
| Systematic Alpha Investments, LLC 1.91% of their portfolio | 215.2k $51.8m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio | 214.5k $51.7m | Reduced -22.9k |
| NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio | 209.4k $50.4m | Reduced -71.8k |
| GREAT LAKES ADVISORS, LLC 0.43% of their portfolio | 207.9k $50.1m | Reduced -2.0k |
| Janney Montgomery Scott LLC 0.14% of their portfolio | 204.1k $49.2m | Added +4.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 199.0k $47.9m | Reduced -4.3k |
| ProShare Advisors LLC 0.11% of their portfolio | 198.9k $47.9m | Added +53.5k |
| LPL Financial LLC 0.02% of their portfolio | 197.8k $47.6m | Added +1.5k |