Trip.com Group
TCOM
362 hedge funds and large institutions have $11.6B invested in Trip.com Group in 2023 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 131 increasing their positions, 128 reducing their positions, and 38 closing their positions.
87% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 38
9% more funds holding
Funds holding: 333 → 362 (+29)
5% more capital invested
Capital invested by funds: $11B → $11.6B (+$578M)
2% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 128
2.3% less ownership
Funds ownership: 50.18% → 47.87% (-2.3%)
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
17% less call options, than puts
Call options by funds: $75.1M | Put options by funds: $90.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$166M |
| 2 |
TA
Trivest Advisors
Hong Kong
|
+$152M |
| 3 |
BlackRock
New York
|
+$105M |
| 4 |
FAM
Fred Alger Management
New York
|
+$96M |
| 5 |
WAM
WT Asset Management
Hong Kong
|
+$78.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$589M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$224M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$182M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$106M |
| 5 |
SG Americas Securities
New York
|
-$81.9M |
TCOM Hedge Fund Activity: Q1 2023 in Review
362 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q1 2023, worth a combined $11.6B — up 5.3% from $11B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new TCOM positions and 38 closed out — a net gain of 33 holders — while 131 added to existing stakes and 128 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $166M. The largest seller was Vanguard Group, cutting an estimated $589M.
- 362 institutional investors held Trip.com Group (TCOM) as of Q1 2023, up from 333 in Q4 2022.
- Funds reported $11.6B of Trip.com Group stock for Q1 2023, up 5.3% quarter-over-quarter.
- 71 funds opened new Trip.com Group positions in Q1 2023 and 38 closed out, a net change of +33 holders.
- The largest Trip.com Group buyer in Q1 2023 was Select Equity Group, an estimated $166M added.
- The largest Trip.com Group seller in Q1 2023 was Vanguard Group, an estimated $589M sold.
Based on aggregated 13F filings for Q1 2023.