Trip.com Group
TCOM
210 hedge funds and large institutions have $6.71B invested in Trip.com Group in 2014 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 66 increasing their positions, 63 reducing their positions, and 36 closing their positions.
33% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 36
6% more funds holding
Funds holding: 199 → 210 (+11)
5% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 63
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
11% less capital invested
Capital invested by funds: $7.54B → $6.71B (-$830M)
30% less call options, than puts
Call options by funds: $196M | Put options by funds: $281M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$207M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$75.9M |
| 3 |
SC
Sculptor Capital
New York
|
+$62.8M |
| 4 |
HP
Hound Partners
New York
|
+$61.8M |
| 5 |
KM
Kylin Management
New York
|
+$42.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$157M |
| 2 |
O
OppenheimerFunds
New York
|
-$118M |
| 3 |
SPC
Slate Path Capital
New York
|
-$93.8M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$75.5M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$74.2M |
TCOM Hedge Fund Activity: Q3 2014 in Review
210 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q3 2014, worth a combined $6.71B — down 11% from $7.54B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new TCOM positions and 36 closed out — a net gain of 12 holders — while 66 added to existing stakes and 63 trimmed.
The largest buyer was JAT Capital Management LP (Connecticut), adding an estimated $207M. The largest seller was Bank of America, cutting an estimated $157M.
- 210 institutional investors held Trip.com Group (TCOM) as of Q3 2014, up from 199 in Q2 2014.
- Funds reported $6.71B of Trip.com Group stock for Q3 2014, down 11% quarter-over-quarter.
- 48 funds opened new Trip.com Group positions in Q3 2014 and 36 closed out, a net change of +12 holders.
- The largest Trip.com Group buyer in Q3 2014 was JAT Capital Management LP (Connecticut), an estimated $207M added.
- The largest Trip.com Group seller in Q3 2014 was Bank of America, an estimated $157M sold.
Based on aggregated 13F filings for Q3 2014.