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Trip.com Group

185 hedge funds and large institutions have $5.43B invested in Trip.com Group in 2014 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 72 increasing their positions, 54 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 54

17% more call options, than puts

Call options by funds: $344M | Put options by funds: $294M

12% less funds holding

Funds holding: 210185 (-25)

19% less capital invested

Capital invested by funds: $6.71B → $5.43B (-$1.28B)

29% less funds holding in top 10

Funds holding in top 10: 1712 (-5)

34% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 65

Holders
185
Holders Change
-25
Holders Change %
-11.9%
% of All Funds
4.93%
Holding in Top 10
12
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-29.41%
% of All Funds
0.32%
New
43
Increased
72
Reduced
54
Closed
65
Calls
$344M
Puts
$294M
Net Calls
+$50M
Net Calls Change
+$134M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
51
Deutsche Bank
Germany
$17.4M -$23.3M -888,596 -54%
NA
52
Newport Asia
California
$16M -$60.1M -2,295,800 -77%
UBS AM
53
UBS AM
Illinois
$15.8M -$21.9M -837,508 -55%
Massachusetts Financial Services
54
Massachusetts Financial Services
Massachusetts
$15.7M +$18.1M +691,538 New
Macquarie Group
55
Macquarie Group
Australia
$15.4M -$110K -4,200 -0.6%
Bank of Montreal
56
Bank of Montreal
Ontario, Canada
$14.8M -$20M -765,270 -54%
FAM
57
Fred Alger Management
New York
$13.8M -$21.6M -825,022 -58%
UBS Group
58
UBS Group
Switzerland
$12.7M +$14.6M +557,816 New
Parallax Volatility Advisers
59
Parallax Volatility Advisers
California
$11.6M +$13.4M +510,176 New
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$11.6M +$3.61M +137,938 +37%
State Street
61
State Street
Massachusetts
$10.8M -$151K -5,766 -1%
SCP
62
Sandhill Capital Partners
New York
$10.5M +$8.02K +306 +0.1%
ST
63
Spot Trading
Illinois
$9.39M +$9.7M +370,446 +871%
IMS
64
Index Management Solutions
Pennsylvania
$9.01M +$2.65M +101,046 +34%
TD Asset Management
65
TD Asset Management
Ontario, Canada
$8.86M -$2.32M -88,600 -19%
OAM
66
Oxford Asset Management
United Kingdom
$8.23M -$5.38M -205,282 -36%
Canada Pension Plan Investment Board
67
Canada Pension Plan Investment Board
Ontario, Canada
$8.12M -$2.06M -78,600 -18%
SPC
68
Standard Pacific Capital
California
$8M +$9.21M +351,594 New
ERSOT
69
Employees Retirement System of Texas
Texas
$7.37M +$1.26M +48,000 +17%
HCM
70
Hitchwood Capital Management
New York
$7.28M +$8.38M +320,000 New
CII
71
Capital International Inc
California
$7.17M -$304K -11,600 -4%
KCM
72
Keywise Capital Management
Cayman Islands
$7.17M -$36.9M -1,409,400 -82%
Northern Trust
73
Northern Trust
Illinois
$7.02M -$1.68K -64 -0%
D.E. Shaw & Co
74
D.E. Shaw & Co
New York
$6.78M -$56.8M -2,168,510 -88%
WA
75
WFM Asia
British Virgin Islands
$6.03M +$6.94M +265,000 New

TCOM Hedge Fund Activity: Q4 2014 in Review

185 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q4 2014, worth a combined $5.43B — down 19% from $6.71B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of TCOM and 43 opened new positions — a net loss of 22 holders — while 54 trimmed existing stakes and 72 added.

The largest buyer was Morgan Stanley, adding an estimated $279M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $268M sold.

  • 185 institutional investors held Trip.com Group (TCOM) as of Q4 2014, down from 210 in Q3 2014.
  • Funds reported $5.43B of Trip.com Group stock for Q4 2014, down 19% quarter-over-quarter.
  • 43 funds opened new Trip.com Group positions in Q4 2014 and 65 closed out, a net change of -22 holders.
  • The largest Trip.com Group buyer in Q4 2014 was Morgan Stanley, an estimated $279M added.
  • The largest Trip.com Group seller in Q4 2014 was OppenheimerFunds, an estimated $268M sold.

Based on aggregated 13F filings for Q4 2014.