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Trip.com Group

199 hedge funds and large institutions have $5.9B invested in Trip.com Group in 2014 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 75 increasing their positions, 52 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

266% more call options, than puts

Call options by funds: $1.12B | Put options by funds: $305M

44% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 52

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

6% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 54

3% less funds holding

Funds holding: 205199 (-6)

13% less capital invested

Capital invested by funds: $6.8B → $5.9B (-$899M)

Holders
199
Holders Change
-6
Holders Change %
-2.93%
% of All Funds
5.75%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.52%
New
51
Increased
75
Reduced
52
Closed
54
Calls
$1.12B
Puts
$305M
Net Calls
+$811M
Net Calls Change
-$71.7M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
26
Altimeter Capital Management
Massachusetts
$39.6M
SFM
27
Soros Fund Management
New York
$39.5M +$36M +1,568,800 New
CCM
28
Chautauqua Capital Management
Colorado
$36M +$12.7M +555,408 +64%
Millennium Management
29
Millennium Management
New York
$35M +$20.1M +874,572 +170%
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$34.4M +$9.39M +409,362 +43%
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$34.4M +$2.71M +118,258 +10%
Goldman Sachs
32
Goldman Sachs
New York
$33.5M +$29.8M +1,300,992 +4,694%
TCP
33
Tourbillon Capital Partners
New York
$33M +$11.7M +510,000 +64%
PPA
34
Parametric Portfolio Associates
Washington
$31.8M -$98.3K -4,286 -0.3%
EGA
35
Emerging Global Advisors
New York
$31.6M -$1.11M -48,568 -4%
RFS
36
Rockefeller Financial Services
New York
$30.6M +$6.87M +299,680 +33%
PI
37
Putnam Investments
Massachusetts
$29.6M -$45.9M -2,003,222 -63%
RFC
38
Russell Frank Company
Washington
$28.7M +$10.9M +474,734 +61%
JP Morgan Chase
39
JP Morgan Chase
New York
$27.7M -$13.7M -596,160 -35%
TAA
40
TB Alternative Assets
Cayman Islands
$27.5M +$6.47M +282,052 +35%
BA
41
BlackRock Advisors
Delaware
$25M +$22.7M +989,800 New
PAMU
42
Pictet Asset Management (UK)
United Kingdom
$23.9M +$18.3M +797,030 +533%
HL
43
Harding Loevner
New Jersey
$22.4M +$1.68M +73,366 +9%
BACM
44
Blue Arrow Capital Management
New York
$21.9M +$3.63M +158,100 +22%
DSA
45
Davis Selected Advisers
Arizona
$21.3M +$1.97M +85,680 +11%
Mitsubishi UFJ Trust & Banking
46
Mitsubishi UFJ Trust & Banking
Japan
$21.2M +$7.61M +331,800 +65%
TCIM
47
TIAA CREF Investment Management
New York
$20.8M -$12.8M -556,860 -40%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$20.6M -$197K -8,600 -1%
CS
49
Credit Suisse
Switzerland
$20.3M +$10.7M +466,940 +138%
QF
50
QVT Financial
New York
$20.1M +$18.3M +798,000 New

TCOM Hedge Fund Activity: Q1 2014 in Review

199 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q1 2014, worth a combined $5.9B — down 13% from $6.8B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of TCOM and 51 opened new positions — a net loss of 3 holders — while 52 trimmed existing stakes and 75 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $212M. The largest seller was OppenheimerFunds, cutting an estimated $209M.

  • 199 institutional investors held Trip.com Group (TCOM) as of Q1 2014, down from 205 in Q4 2013.
  • Funds reported $5.9B of Trip.com Group stock for Q1 2014, down 13% quarter-over-quarter.
  • 51 funds opened new Trip.com Group positions in Q1 2014 and 54 closed out, a net change of -3 holders.
  • The largest Trip.com Group buyer in Q1 2014 was T. Rowe Price Associates, an estimated $212M added.
  • The largest Trip.com Group seller in Q1 2014 was OppenheimerFunds, an estimated $209M sold.

Based on aggregated 13F filings for Q1 2014.