Trip.com Group
TCOM
348 hedge funds and large institutions have $12.3B invested in Trip.com Group in 2025 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 123 increasing their positions, 121 reducing their positions, and 58 closing their positions.
21% more capital invested
Capital invested by funds: $10.2B → $12.3B (+$2.15B)
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
5% more call options, than puts
Call options by funds: $195M | Put options by funds: $185M
2% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 121
7% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 58
1.48% less ownership
Funds ownership: 26.55% → 25.07% (-1.5%)
3% less funds holding
Funds holding: 357 → 348 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$312M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$128M |
| 3 |
ClearBridge Investments
New York
|
+$76.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$53.7M |
| 5 |
Sanders Capital
West Palm Beach,
Florida
|
+$44.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$205M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$150M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$144M |
| 4 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
-$94.5M |
| 5 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$87.5M |
TCOM Hedge Fund Activity: Q3 2025 in Review
348 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Trip.com Group (TCOM) for Q3 2025, worth a combined $12.3B — up 21% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of TCOM and 54 opened new positions — a net loss of 4 holders — while 121 trimmed existing stakes and 123 added.
The largest buyer was Wellington Management Group, adding an estimated $312M. The largest seller was Fidelity Investments, cutting an estimated $205M.
- 348 institutional investors held Trip.com Group (TCOM) as of Q3 2025, down from 357 in Q2 2025.
- Funds reported $12.3B of Trip.com Group stock for Q3 2025, up 21% quarter-over-quarter.
- 54 funds opened new Trip.com Group positions in Q3 2025 and 58 closed out, a net change of -4 holders.
- The largest Trip.com Group buyer in Q3 2025 was Wellington Management Group, an estimated $312M added.
- The largest Trip.com Group seller in Q3 2025 was Fidelity Investments, an estimated $205M sold.
Based on aggregated 13F filings for Q3 2025.