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TripAdvisor

399 hedge funds and large institutions have $13.4B invested in TripAdvisor in 2014 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 131 increasing their positions, 144 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more funds holding in top 10

Funds holding in top 10: 1117 (+6)

23% more capital invested

Capital invested by funds: $10.9B → $13.4B (+$2.48B)

21% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 53

2% more funds holding

Funds holding: 391399 (+8)

9% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 144

29% less call options, than puts

Call options by funds: $183M | Put options by funds: $257M

Holders
399
Holders Change
+8
Holders Change %
+2.05%
% of All Funds
11.47%
Holding in Top 10
17
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+54.55%
% of All Funds
0.49%
New
64
Increased
131
Reduced
144
Closed
53
Calls
$183M
Puts
$257M
Net Calls
-$73.5M
Net Calls Change
-$61.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
251
Corsair Capital Management
New York
$1.34M
LC
252
Lourd Capital
California
$1.31M +$460 +5 +0%
SMDAM
253
Sumitomo Mitsui DS Asset Management
Japan
$1.29M +$920 +10 +0.1%
MOACM
254
Mutual of America Capital Management
New York
$1.29M -$44.1K -479 -4%
PNC Financial Services Group
255
PNC Financial Services Group
Pennsylvania
$1.26M +$253K +2,755 +31%
PI
256
Placemark Investments
Illinois
$1.25M +$51.9K +564 +5%
GL
257
GLG LLC
New York
$1.21M
MAM
258
Mizuho Asset Management
Japan
$1.16M -$4.72M -51,300 -83%
SAM
259
Securian Asset Management
Minnesota
$1.08M +$9.2K +100 +1%
RCM
260
Reynolds Capital Management
Nevada
$1.08M +$36.8K +400 +4%
B
261
Baird
Wisconsin
$1.04M -$440K -4,781 -33%
FC
262
FIC Capital
New York
$1.01M -$895K -9,731 -51%
TMAM
263
Tokio Marine Asset Management
Japan
$1.01M
Canada Pension Plan Investment Board
264
Canada Pension Plan Investment Board
Ontario, Canada
$1.01M
SIMG
265
Stephens Investment Management Group
Texas
$1M +$851K +9,250 New
N
266
Natixis
France
$978K -$1.1M -11,942 -57%
LSERS
267
Louisiana State Employees Retirement System
Louisiana
$945K -$9.2K -100 -1%
Zurich Cantonal Bank
268
Zurich Cantonal Bank
Switzerland
$888K +$26.1K +284 +4%
GF
269
Gabelli Funds
New York
$869K
M&T Bank
270
M&T Bank
New York
$861K +$166K +1,802 +29%
GIG
271
Goodnow Investment Group
Connecticut
$860K +$3.68K +40 +0.5%
BCM
272
Bluefin Capital Management
New York
$800K +$653K +7,100 New
SI
273
Standard Investments
New York
$789K +$668K +7,261 New
Stifel Financial
274
Stifel Financial
Missouri
$770K -$65.3K -710 -9%
TAM
275
Tocqueville Asset Management
New York
$766K +$308K +3,350 +91%

TRIP Hedge Fund Activity: Q2 2014 in Review

399 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2014, worth a combined $13.4B — up 23% from $10.9B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new TRIP positions and 53 closed out — a net gain of 11 holders — while 131 added to existing stakes and 144 trimmed.

The largest buyer was Steadfast Capital Management, adding an estimated $144M. The largest seller was Fidelity Investments, cutting an estimated $160M.

  • 399 institutional investors held TripAdvisor (TRIP) as of Q2 2014, up from 391 in Q1 2014.
  • Funds reported $13.4B of TripAdvisor stock for Q2 2014, up 23% quarter-over-quarter.
  • 64 funds opened new TripAdvisor positions in Q2 2014 and 53 closed out, a net change of +11 holders.
  • The largest TripAdvisor buyer in Q2 2014 was Steadfast Capital Management, an estimated $144M added.
  • The largest TripAdvisor seller in Q2 2014 was Fidelity Investments, an estimated $160M sold.

Based on aggregated 13F filings for Q2 2014.