TripAdvisor
TRIP
375 hedge funds and large institutions have $5.6B invested in TripAdvisor in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 123 increasing their positions, 139 reducing their positions, and 72 closing their positions.
1.15% less ownership
Funds ownership: 97.11% → 95.96% (-1.2%)
7% less funds holding
Funds holding: 404 → 375 (-29)
11% less capital invested
Capital invested by funds: $6.27B → $5.6B (-$661M)
12% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 139
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
28% less call options, than puts
Call options by funds: $91.7M | Put options by funds: $128M
31% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$74.4M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$73M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$53.7M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$33M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.2M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$38.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.4M |
| 4 |
D.E. Shaw & Co
New York
|
-$37.2M |
| 5 |
Renaissance Technologies
New York
|
-$28.1M |
TRIP Hedge Fund Activity: Q2 2019 in Review
375 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2019, worth a combined $5.6B — down 11% from $6.27B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of TRIP and 50 opened new positions — a net loss of 22 holders — while 139 trimmed existing stakes and 123 added.
The largest buyer was AQR Capital Management, adding an estimated $74.4M. The largest seller was Fidelity Investments, cutting an estimated $70.2M.
- 375 institutional investors held TripAdvisor (TRIP) as of Q2 2019, down from 404 in Q1 2019.
- Funds reported $5.6B of TripAdvisor stock for Q2 2019, down 11% quarter-over-quarter.
- 50 funds opened new TripAdvisor positions in Q2 2019 and 72 closed out, a net change of -22 holders.
- The largest TripAdvisor buyer in Q2 2019 was AQR Capital Management, an estimated $74.4M added.
- The largest TripAdvisor seller in Q2 2019 was Fidelity Investments, an estimated $70.2M sold.
Based on aggregated 13F filings for Q2 2019.