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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
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$881M -$155M -5,927,560 -13%
Capital World Investors
2
Capital World Investors
California
$532M +$19.6M +750,000 +3%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$519M +$7.07M +270,022 +1%
Morgan Stanley
4
Morgan Stanley
New York
$368M +$279M +10,669,360 +194%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$293M +$40M +1,527,768 +13%
JCMLC
6
JAT Capital Management LP (Connecticut)
Connecticut
$266M +$88.2M +3,368,600 +41%
HIM
7
Hillhouse Investment Management
Cayman Islands
$171M
SC
8
Sculptor Capital
New York
$126M +$83.1M +3,171,776 +134%
JHIU
9
Janus Henderson Investors US
Colorado
$123M -$31.5M -1,201,942 -18%
TCP
10
Tourbillon Capital Partners
New York
$102M +$37.2M +1,420,000 +46%
Fisher Asset Management
11
Fisher Asset Management
Washington
$101M +$113M +4,301,848 +3,428%
Wells Fargo
12
Wells Fargo
California
$93M -$12.2M -467,360 -10%
CCM
13
Conatus Capital Management
Connecticut
$84.6M +$17.2M +655,560 +21%
EC
14
Eminence Capital
New York
$75.1M +$51.1M +1,950,052 +144%
Viking Global Investors
15
Viking Global Investors
Connecticut
$74.9M +$86.3M +3,293,450 New
Capital International Investors
16
Capital International Investors
California
$74.1M +$85.3M +3,256,000 New
HP
17
Hound Partners
New York
$69.7M +$29.3M +1,117,632 +57%
GH
18
GAM Holding
Switzerland
$61M +$1.91M +72,946 +3%
HL
19
Harding Loevner
New Jersey
$57.2M +$34.9M +1,332,036 +113%
Citadel Advisors
20
Citadel Advisors
Florida
$55.1M +$47.6M +1,819,134 +301%
PI
21
Putnam Investments
Massachusetts
$51.1M +$38.2M +1,456,564 +184%
KM
22
Kylin Management
New York
$49.6M +$22.2M +847,210 +63%
JP Morgan Chase
23
JP Morgan Chase
New York
$44.6M +$20.5M +783,816 +67%
ACM
24
Altimeter Capital Management
Massachusetts
$40.3M
SFM
25
Soros Fund Management
New York
$40.2M +$5.24M +200,000 +13%

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.