Trip.com Group
TCOM
205 hedge funds and large institutions have $6.8B invested in Trip.com Group in 2013 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 62 increasing their positions, 60 reducing their positions, and 41 closing their positions.
393% more call options, than puts
Call options by funds: $1.11B | Put options by funds: $225M
59% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 41
12% more funds holding
Funds holding: 183 → 205 (+22)
3% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 60
9% less capital invested
Capital invested by funds: $7.47B → $6.8B (-$670M)
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
+$117M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$93.2M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$77.5M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$71.5M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$69.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$636M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$189M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$106M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$96.7M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$86M |
TCOM Hedge Fund Activity: Q4 2013 in Review
205 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q4 2013, worth a combined $6.8B — down 9% from $7.47B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new TCOM positions and 41 closed out — a net gain of 24 holders — while 62 added to existing stakes and 60 trimmed.
The largest buyer was Slate Path Capital, adding an estimated $117M. The largest seller was OppenheimerFunds, cutting an estimated $636M.
- 205 institutional investors held Trip.com Group (TCOM) as of Q4 2013, up from 183 in Q3 2013.
- Funds reported $6.8B of Trip.com Group stock for Q4 2013, down 9% quarter-over-quarter.
- 65 funds opened new Trip.com Group positions in Q4 2013 and 41 closed out, a net change of +24 holders.
- The largest Trip.com Group buyer in Q4 2013 was Slate Path Capital, an estimated $117M added.
- The largest Trip.com Group seller in Q4 2013 was OppenheimerFunds, an estimated $636M sold.
Based on aggregated 13F filings for Q4 2013.