TripAdvisor
TRIP
236 hedge funds and large institutions have $1.83B invested in TripAdvisor in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 96 reducing their positions, and 54 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% more capital invested
Capital invested by funds: $1.78B → $1.83B (+$52.6M)
0.41% less ownership
Funds ownership: 77.4% → 76.99% (-0.41%)
12% less funds holding
Funds holding: 267 → 236 (-31)
32% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 96
49% less call options, than puts
Call options by funds: $106M | Put options by funds: $210M
52% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$122M |
| 2 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$21M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$16.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.7M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$38M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$28.6M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$21.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.6M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$18.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
276
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$20K | -1,029 | Closed |
|
|
CAN
277
Cetera Advisor Networks
El Segundo,
California
| – | -$11K | -592 | Closed |
|
|
RA
278
Rational Advisors
Huntington,
New York
| – | -$10K | -504 | Closed |
|
279
Rockefeller Capital Management
New York
| – | -$7K | -376 | Closed |
|
280
ClearBridge Investments
New York
| – | -$6K | -312 | Closed |
|
|
KWM
281
Keebeck Wealth Management
Chicago,
Illinois
| – | -$5K | -280 | Closed |
|
282
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -175 | Closed |
|
|
HNB
283
Huntington National Bank
Columbus,
Ohio
| – | -$3K | -164 | Closed |
|
|
SF
284
Synovus Financial
Columbus,
Georgia
| – | -$2K | -99 | Closed |
|
|
WPA
285
West Paces Advisors
Atlanta,
Georgia
| – | -$1.05K | -55 | Closed |
|
|
SCA
286
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$1K | -50 | Closed |
|
|
PIMG
287
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$475 | -25 | Closed |
|
|
GWS
288
Glassman Wealth Services
Vienna,
Virginia
| – | +$147 | +7 | +39% |
|
TRIP Hedge Fund Activity: Q3 2020 in Review
236 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2020, worth a combined $1.83B — up 3% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of TRIP and 26 opened new positions — a net loss of 28 holders — while 96 trimmed existing stakes and 65 added.
The largest buyer was PAR Capital Management, adding an estimated $122M. The largest seller was D.E. Shaw & Co, cutting an estimated $38M.
- 236 institutional investors held TripAdvisor (TRIP) as of Q3 2020, down from 267 in Q2 2020.
- Funds reported $1.83B of TripAdvisor stock for Q3 2020, up 3% quarter-over-quarter.
- 26 funds opened new TripAdvisor positions in Q3 2020 and 54 closed out, a net change of -28 holders.
- The largest TripAdvisor buyer in Q3 2020 was PAR Capital Management, an estimated $122M added.
- The largest TripAdvisor seller in Q3 2020 was D.E. Shaw & Co, an estimated $38M sold.
Based on aggregated 13F filings for Q3 2020.