TripAdvisor
TRIP
267 hedge funds and large institutions have $1.78B invested in TripAdvisor in 2020 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 68 increasing their positions, 114 reducing their positions, and 74 closing their positions.
4% more capital invested
Capital invested by funds: $1.71B → $1.78B (+$62.7M)
4% more call options, than puts
Call options by funds: $142M | Put options by funds: $137M
2.41% less ownership
Funds ownership: 79.81% → 77.4% (-2.4%)
11% less funds holding
Funds holding: 299 → 267 (-32)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 114
42% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 74
Top Buyers
| 1 |
PC
Polar Capital
London,
United Kingdom
|
+$74.3M |
| 2 |
Renaissance Technologies
New York
|
+$29.9M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$27.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$12.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.6M |
Top Sellers
| 1 |
BlackRock
New York
|
-$48.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$26.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$23.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$22M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.3M |
TRIP Hedge Fund Activity: Q2 2020 in Review
267 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2020, worth a combined $1.78B — up 3.7% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of TRIP and 43 opened new positions — a net loss of 31 holders — while 114 trimmed existing stakes and 68 added.
The largest buyer was Polar Capital, opening a new position worth an estimated $74.3M. The largest seller was BlackRock, cutting an estimated $48.6M.
- 267 institutional investors held TripAdvisor (TRIP) as of Q2 2020, down from 299 in Q1 2020.
- Funds reported $1.78B of TripAdvisor stock for Q2 2020, up 3.7% quarter-over-quarter.
- 43 funds opened new TripAdvisor positions in Q2 2020 and 74 closed out, a net change of -31 holders.
- The largest TripAdvisor buyer in Q2 2020 was Polar Capital, an estimated $74.3M added.
- The largest TripAdvisor seller in Q2 2020 was BlackRock, an estimated $48.6M sold.
Based on aggregated 13F filings for Q2 2020.