Trip.com Group
TCOM
326 hedge funds and large institutions have $8.95B invested in Trip.com Group in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 95 increasing their positions, 148 reducing their positions, and 61 closing their positions.
8% more capital invested
Capital invested by funds: $8.26B → $8.95B (+$685M)
2.46% more ownership
Funds ownership: 34.95% → 37.41% (+2.5%)
7% less funds holding
Funds holding: 351 → 326 (-25)
10% less call options, than puts
Call options by funds: $80.2M | Put options by funds: $89.5M
17% less funds holding in top 10
Funds holding in top 10: 23 → 19 (-4)
33% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 61
36% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$911M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$376M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$328M |
| 4 |
MAM
Maytree Asset Management
Hong Kong
|
+$82.9M |
| 5 |
Man Group
London,
United Kingdom
|
+$77.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$120M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$120M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$102M |
| 4 |
FAM
Fred Alger Management
New York
|
-$101M |
| 5 |
Select Equity Group
New York
|
-$84.9M |
TCOM Hedge Fund Activity: Q4 2023 in Review
326 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q4 2023, worth a combined $8.95B — up 8.3% from $8.26B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TCOM and 41 opened new positions — a net loss of 20 holders — while 148 trimmed existing stakes and 95 added.
The largest buyer was Morgan Stanley, adding an estimated $911M. The largest seller was Fidelity International, cutting an estimated $120M.
- 326 institutional investors held Trip.com Group (TCOM) as of Q4 2023, down from 351 in Q3 2023.
- Funds reported $8.95B of Trip.com Group stock for Q4 2023, up 8.3% quarter-over-quarter.
- 41 funds opened new Trip.com Group positions in Q4 2023 and 61 closed out, a net change of -20 holders.
- The largest Trip.com Group buyer in Q4 2023 was Morgan Stanley, an estimated $911M added.
- The largest Trip.com Group seller in Q4 2023 was Fidelity International, an estimated $120M sold.
Based on aggregated 13F filings for Q4 2023.