Trip.com Group
TCOM
327 hedge funds and large institutions have $12.3B invested in Trip.com Group in 2020 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 114 increasing their positions, 114 reducing their positions, and 33 closing their positions.
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
19% more capital invested
Capital invested by funds: $10.4B → $12.3B (+$1.96B)
4% more funds holding
Funds holding: 314 → 327 (+13)
0% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 114
4.59% less ownership
Funds ownership: 538.42% → 533.83% (-4.6%)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
33% less call options, than puts
Call options by funds: $121M | Put options by funds: $181M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$110M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$77.7M |
| 3 |
Morgan Stanley
New York
|
+$69.7M |
| 4 |
Holocene Advisors
New York
|
+$68.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$378M |
| 2 |
JP Morgan Chase
New York
|
-$100M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$62.3M |
| 4 |
Renaissance Technologies
New York
|
-$53.1M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$45.3M |
TCOM Hedge Fund Activity: Q3 2020 in Review
327 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q3 2020, worth a combined $12.3B — up 19% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new TCOM positions and 33 closed out — a net gain of 16 holders — while 114 added to existing stakes and 114 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $110M. The largest seller was Baillie Gifford & Co, cutting an estimated $378M.
- 327 institutional investors held Trip.com Group (TCOM) as of Q3 2020, up from 314 in Q2 2020.
- Funds reported $12.3B of Trip.com Group stock for Q3 2020, up 19% quarter-over-quarter.
- 49 funds opened new Trip.com Group positions in Q3 2020 and 33 closed out, a net change of +16 holders.
- The largest Trip.com Group buyer in Q3 2020 was Pzena Investment Management, an estimated $110M added.
- The largest Trip.com Group seller in Q3 2020 was Baillie Gifford & Co, an estimated $378M sold.
Based on aggregated 13F filings for Q3 2020.