Thornburg Investment Management’s Trip.com Group TCOM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-176,758	Closed	-$12.7M	–	189
2025 Q4	$12.7M	Sell	176,758 -5,155	-3%	-$369K	0.16%	77
2025 Q3	$13.7M	Buy	181,913 +48,674	+37%	+$3.25M	0.18%	76
2025 Q2	$7.81M	Sell	133,239 -7,586	-5%	-$456K	0.1%	102
2025 Q1	$89.5M	Sell	140,825 -3,804	-3%	-$249K	0.13%	95
2024 Q4	$9.93M	Sell	144,629 -14,710	-9%	-$972K	0.13%	99
2024 Q3	$9.47M	Sell	159,339 -116,595	-42%	-$5.39M	0.12%	108
2024 Q2	$13M	Buy	275,934 +52,252	+23%	+$2.66M	0.18%	84
2024 Q1	$9.86M	Buy	+223,682	New	+$9.09M	0.14%	115
2020 Q2	–	Sell	-197,330	Closed	-$4.63M	–	175
2020 Q1	$4.63M	Sell	197,330 -1,229,700	-86%	-$38.3M	0.07%	123
2019 Q4	$47.9M	Buy	+1,427,030	New	+$46M	0.46%	56
2019 Q1	–	Sell	-274,457	Closed	-$7.43M	–	193
2018 Q4	$7.43M	Sell	274,457 -1,487,374	-84%	-$45.3M	0.07%	135
2018 Q3	$65.5M	Sell	1,761,831 -305,606	-15%	-$12.4M	0.55%	48
2018 Q2	$98.5M	Sell	2,067,437 -594,581	-22%	-$26.9M	0.75%	34
2018 Q1	$124M	Sell	2,662,018 -2,125,231	-44%	-$99.7M	0.94%	32
2017 Q4	$211M	Buy	4,787,249 +199,199	+4%	+$9.52M	1.47%	19
2017 Q3	$242M	Sell	4,588,050 -52,958	-1%	-$2.88M	1.73%	13
2017 Q2	$250M	Buy	4,641,008 +69,212	+2%	+$3.67M	1.9%	12
2017 Q1	$225M	Buy	4,571,796 +50,096	+1%	+$2.3M	1.83%	11
2016 Q4	$181M	Sell	4,521,700 -52,074	-1%	-$2.28M	1.4%	17
2016 Q3	$213M	Buy	4,573,774 +808,092	+21%	+$36M	1.62%	15
2016 Q2	$155M	Sell	3,765,682 -645,626	-15%	-$28.2M	1.2%	27
2016 Q1	$195M	Buy	4,411,308 +617,041	+16%	+$25.8M	1.3%	20
2015 Q4	$176M	Sell	3,794,267 -1,094,535	-22%	-$50.1M	1.12%	26
2015 Q3	$154M	Buy	4,888,802 +4,526,656	+1,250%	+$157M	0.97%	28
2015 Q2	$13.1M	Buy	+362,146	New	+$12.6M	0.08%	204