Trip.com Group
TCOM
335 hedge funds and large institutions have $12.3B invested in Trip.com Group in 2019 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 137 increasing their positions, 106 reducing their positions, and 69 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 106
8% more capital invested
Capital invested by funds: $11.3B → $12.3B (+$916M)
6% less funds holding
Funds holding: 357 → 335 (-22)
8.75% less ownership
Funds ownership: 502.63% → 493.88% (-8.8%)
20% less funds holding in top 10
Funds holding in top 10: 20 → 16 (-4)
22% less call options, than puts
Call options by funds: $139M | Put options by funds: $177M
28% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$114M |
| 2 |
Morgan Stanley
New York
|
+$78.6M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$76.3M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$63.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$175M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$79.8M |
| 3 |
Goldman Sachs
New York
|
-$76.2M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$62.2M |
| 5 |
Jane Street
New York
|
-$47.9M |
TCOM Hedge Fund Activity: Q4 2019 in Review
335 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q4 2019, worth a combined $12.3B — up 8.1% from $11.3B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of TCOM and 50 opened new positions — a net loss of 19 holders — while 106 trimmed existing stakes and 137 added.
The largest buyer was Harris Associates, opening a new position worth an estimated $114M. The largest seller was Invesco, cutting an estimated $175M.
- 335 institutional investors held Trip.com Group (TCOM) as of Q4 2019, down from 357 in Q3 2019.
- Funds reported $12.3B of Trip.com Group stock for Q4 2019, up 8.1% quarter-over-quarter.
- 50 funds opened new Trip.com Group positions in Q4 2019 and 69 closed out, a net change of -19 holders.
- The largest Trip.com Group buyer in Q4 2019 was Harris Associates, an estimated $114M added.
- The largest Trip.com Group seller in Q4 2019 was Invesco, an estimated $175M sold.
Based on aggregated 13F filings for Q4 2019.