Sandler Capital Management’s TripAdvisor TRIP Stock Holding History

Sandler 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
2016 Q2	–	Sell	-16,960	Closed	-$1.13M	–	144
2016 Q1	$1.13M	Sell	16,960 -17,040	-50%	-$1.13M	0.14%	95
2015 Q4	$2.9M	Buy	+34,000	New	+$2.74M	0.28%	100
2014 Q3	–	Sell	-124,700	Closed	-$12.3M	–	228
2014 Q2	$13.6M	Buy	124,700 +54,800	+78%	+$5.04M	0.57%	66
2014 Q1	$6.33M	Sell	69,900 -568,400	-89%	-$51.8M	0.22%	144
2013 Q4	$52.9M	Buy	+638,300	New	+$52.2M	1.71%	7
2013 Q3	–	Sell	-160,380	Closed	-$9.76M	–	217
2013 Q2	$9.76M	Buy	+160,380	New	+$9.19M	0.37%	112

Other funds holding TRIP

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

JSP

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

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

Brown Advisory Baltimore, Maryland $64.6B AUM 18.98% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $4.03B AUM 35.05% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Sandler Capital Management's TRIP Position: Q2 2016 in Review

Sandler Capital Management sold out of TripAdvisor (TRIP) in Q2 2016, closing a stake of 16,960 shares — an estimated $1.13M sold.

Sandler Capital Management first reported a position in TRIP in Q2 2013 and held it in 6 quarters. The position peaked at $52.9M in Q4 2013. 394 funds tracked by Wall St. Rank hold TRIP as of Q2 2016.

Sandler Capital Management reported no remaining TripAdvisor position as of Q2 2016 after selling out during the quarter.
Sandler Capital Management sold 16,960 TripAdvisor shares in Q2 2016, an estimated $1.13M.
Sandler Capital Management first reported a position in TripAdvisor in Q2 2013 and held it in 6 quarters.
Sandler Capital Management's TripAdvisor position peaked at $52.9M in Q4 2013.
394 funds tracked by Wall St. Rank held TripAdvisor as of Q2 2016.

Based on Sandler Capital Management's 13F filing for Q2 2016, filed 15 Aug 2016.