Trip.com Group
TCOM
387 hedge funds and large institutions have $13.2B invested in Trip.com Group in 2018 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 157 increasing their positions, 110 reducing their positions, and 60 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 110
2% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 60
1% less funds holding
Funds holding: 392 → 387 (-5)
14.03% less ownership
Funds ownership: 536.5% → 522.47% (-14%)
24% less capital invested
Capital invested by funds: $17.3B → $13.2B (-$4.15B)
33% less funds holding in top 10
Funds holding in top 10: 30 → 20 (-10)
54% less call options, than puts
Call options by funds: $178M | Put options by funds: $389M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$204M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$178M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$153M |
| 4 |
Goldman Sachs
New York
|
+$81.4M |
| 5 |
TCM
Tybourne Capital Management
Hong Kong
|
+$67.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$937M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$133M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$118M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$105M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$91.2M |
TCOM Hedge Fund Activity: Q3 2018 in Review
387 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q3 2018, worth a combined $13.2B — down 24% from $17.3B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of TCOM and 59 opened new positions — a net loss of 1 holder — while 110 trimmed existing stakes and 157 added.
The largest buyer was PAR Capital Management, adding an estimated $204M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $937M sold.
- 387 institutional investors held Trip.com Group (TCOM) as of Q3 2018, down from 392 in Q2 2018.
- Funds reported $13.2B of Trip.com Group stock for Q3 2018, down 24% quarter-over-quarter.
- 59 funds opened new Trip.com Group positions in Q3 2018 and 60 closed out, a net change of -1 holder.
- The largest Trip.com Group buyer in Q3 2018 was PAR Capital Management, an estimated $204M added.
- The largest Trip.com Group seller in Q3 2018 was OppenheimerFunds, an estimated $937M sold.
Based on aggregated 13F filings for Q3 2018.