Trip.com Group
TCOM
339 hedge funds and large institutions have $11.9B invested in Trip.com Group in 2016 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 156 increasing their positions, 102 reducing their positions, and 67 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 102
4% less capital invested
Capital invested by funds: $12.4B → $11.9B (-$555M)
6% less funds holding
Funds holding: 361 → 339 (-22)
23% less funds holding in top 10
Funds holding in top 10: 35 → 27 (-8)
27% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 67
84% less call options, than puts
Call options by funds: $556M | Put options by funds: $3.51B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$116M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$102M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$102M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$92.2M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$88.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$134M |
| 2 |
Millennium Management
New York
|
-$82.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$73.6M |
| 4 |
Alkeon Capital Management
New York
|
-$62.8M |
| 5 |
SC
Sculptor Capital
New York
|
-$60.1M |
TCOM Hedge Fund Activity: Q2 2016 in Review
339 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q2 2016, worth a combined $11.9B — down 4.5% from $12.4B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of TCOM and 49 opened new positions — a net loss of 18 holders — while 102 trimmed existing stakes and 156 added.
The largest buyer was State Street, adding an estimated $116M. The largest seller was Greenwoods Asset Management, cutting an estimated $134M.
- 339 institutional investors held Trip.com Group (TCOM) as of Q2 2016, down from 361 in Q1 2016.
- Funds reported $11.9B of Trip.com Group stock for Q2 2016, down 4.5% quarter-over-quarter.
- 49 funds opened new Trip.com Group positions in Q2 2016 and 67 closed out, a net change of -18 holders.
- The largest Trip.com Group buyer in Q2 2016 was State Street, an estimated $116M added.
- The largest Trip.com Group seller in Q2 2016 was Greenwoods Asset Management, an estimated $134M sold.
Based on aggregated 13F filings for Q2 2016.