Trip.com Group
TCOM
186 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, 73 increasing their positions, 54 reducing their positions, and 65 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 73 | 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: 211 → 186 (-25)
19% less capital invested
Capital invested by funds: $6.71B → $5.43B (-$1.29B)
29% less funds holding in top 10
Funds holding in top 10: 17 → 12 (-5)
34% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$279M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$113M |
| 3 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$88.2M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$86.3M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$85.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$268M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$155M |
| 3 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$121M |
| 4 |
NA
Newport Asia
San Francisco,
California
|
-$60.1M |
| 5 |
AWG
Alpha Wave Global
New York
|
-$58M |
TCOM Hedge Fund Activity: Q4 2014 in Review
186 of the 3,765 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 73 added.
The largest buyer was Morgan Stanley, adding an estimated $279M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $268M sold.
- 186 institutional investors held Trip.com Group (TCOM) as of Q4 2014, down from 211 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.