Highfields Capital Management’s TripAdvisor TRIP Stock Holding History

Highfields Capital Management’s Portfolio TRIP Stock Details TRIP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-2,555,542	Closed	-$119M	–	85
2016 Q4	$119M	Buy	2,555,542 +1,000,000	+64%	+$55M	0.98%	29
2016 Q3	$98.3M	Sell	1,555,542 -943,081	-38%	-$60.6M	0.92%	32
2016 Q2	$161M	Sell	2,498,623 -1,563,769	-38%	-$101M	1.4%	27
2016 Q1	$270M	Buy	4,062,392 +852,812	+27%	+$56.5M	2.52%	17
2015 Q4	$274M	Buy	3,209,580 +1,174,080	+58%	+$94.8M	2.36%	15
2015 Q3	$128M	Buy	+2,035,500	New	+$154M	1.13%	29

Other funds holding TRIP

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

JSP

Jackson Square Partners Larkspur, California $247M AUM 20.29% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

Carmignac Gestion Paris, France $6.51B AUM 19.13% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Highfields Capital Management's TRIP Position: Q1 2017 in Review

Highfields Capital Management sold out of TripAdvisor (TRIP) in Q1 2017, closing a stake of 2,555,542 shares — an estimated $119M sold.

Highfields Capital Management first reported a position in TRIP in Q3 2015 and held it in 6 quarters. The position peaked at $274M in Q4 2015. 363 funds tracked by Wall St. Rank hold TRIP as of Q1 2017.

Highfields Capital Management reported no remaining TripAdvisor position as of Q1 2017 after selling out during the quarter.
Highfields Capital Management sold 2,555,542 TripAdvisor shares in Q1 2017, an estimated $119M.
Highfields Capital Management first reported a position in TripAdvisor in Q3 2015 and held it in 6 quarters.
Highfields Capital Management's TripAdvisor position peaked at $274M in Q4 2015.
363 funds tracked by Wall St. Rank held TripAdvisor as of Q1 2017.

Based on Highfields Capital Management's 13F filing for Q1 2017, filed 15 May 2017.