TripAdvisor
TRIP
385 hedge funds and large institutions have $8.11B invested in TripAdvisor in 2016 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 148 increasing their positions, 124 reducing their positions, and 47 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 124
10% more call options, than puts
Call options by funds: $131M | Put options by funds: $119M
9% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 47
2% less funds holding
Funds holding: 393 → 385 (-8)
5% less capital invested
Capital invested by funds: $8.55B → $8.11B (-$431M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$149M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
+$116M |
| 3 |
TP
Thunderbird Partners
London,
United Kingdom
|
+$87.3M |
| 4 |
IC
Immersion Capital
London,
United Kingdom
|
+$63.8M |
| 5 |
Morgan Stanley
New York
|
+$57.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$178M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$93.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$72.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.9M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$60.6M |
TRIP Hedge Fund Activity: Q3 2016 in Review
385 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2016, worth a combined $8.11B — down 5% from $8.55B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of TRIP and 43 opened new positions — a net loss of 4 holders — while 124 trimmed existing stakes and 148 added.
The largest buyer was Wellington Management Group, adding an estimated $149M. The largest seller was Macquarie Group, cutting an estimated $178M.
- 385 institutional investors held TripAdvisor (TRIP) as of Q3 2016, down from 393 in Q2 2016.
- Funds reported $8.11B of TripAdvisor stock for Q3 2016, down 5% quarter-over-quarter.
- 43 funds opened new TripAdvisor positions in Q3 2016 and 47 closed out, a net change of -4 holders.
- The largest TripAdvisor buyer in Q3 2016 was Wellington Management Group, an estimated $149M added.
- The largest TripAdvisor seller in Q3 2016 was Macquarie Group, an estimated $178M sold.
Based on aggregated 13F filings for Q3 2016.