Headwater Capital’s Trip.com Group TCOM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$23.5M	Sell	400,000 -100,000	-20%	-$5.86M	8.14%	4
2025 Q1	$31.8M	Buy	500,000 +300,000	+150%	+$19.1M	14.29%	3
2024 Q4	$13.7M	Buy	+200,000	New	+$13.7M	7.32%	7