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TripAdvisor

376 hedge funds and large institutions have $10.3B invested in TripAdvisor in 2013 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 132 increasing their positions, 131 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 34

43% more call options, than puts

Call options by funds: $197M | Put options by funds: $138M

11% more capital invested

Capital invested by funds: $9.25B → $10.3B (+$1B)

10% more funds holding

Funds holding: 341376 (+35)

1% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 131

7% less funds holding in top 10

Funds holding in top 10: 1413 (-1)

Holders
376
Holders Change
+35
Holders Change %
+10.26%
% of All Funds
10.91%
Holding in Top 10
13
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.14%
% of All Funds
0.38%
New
71
Increased
132
Reduced
131
Closed
34
Calls
$197M
Puts
$138M
Net Calls
+$59M
Net Calls Change
+$60M
Name Holding Trade Value Shares
Change
Change in
Stake
CFA
351
Carroll Financial Associates
North Carolina
$32K +$573 +7 +2%
TIM
352
Tortoise Investment Management
New York
$25K
TCOV
353
Trust Company of Vermont
Vermont
$25K
Manulife (Manufacturers Life Insurance)
354
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$24.5K +$541K +6,608 +2%
WTC
355
WhitTier Trust Company
Nevada
$24K
TRCT
356
Tower Research Capital (TRC)
New York
$22K -$131K -1,602 -86%
CGT
357
Capital Guardian Trust
California
$16K
MCM
358
Manchester Capital Management
Vermont
$15K
HNB
359
Huntington National Bank
Ohio
$14K +$2.04K +25 +18%
FAM
360
Fred Alger Management
New York
$12K -$7.95M -97,221 -100%
MWP
361
MYCIO Wealth Partners
Pennsylvania
$12K
WA
362
WFG Advisors
Texas
$11K
DIA
363
Denver Investment Advisors
Colorado
$10.3K +$5.7M +69,730 +128%
EU
364
Emory University
Georgia
$8K
FWM
365
Focused Wealth Management
New York
$8K
WEC
366
Winslow Evans & Crocker
Massachusetts
$8K +$8.18K +100 New
NES
367
New England Securities
New York
$7K
GI
368
Gradient Investments
Minnesota
$4K
RIA
369
Regal Investment Advisors
Michigan
$4K
WA
370
WealthTrust-Arizona
Arizona
$4K +$3.76K +46 New
FAM
371
Fortaleza Asset Management
Illinois
$3K
OIA
372
Optimum Investment Advisors
Illinois
$3K
TWA
373
TCI Wealth Advisors
Arizona
$3K
CAW
374
Cornerstone Advisors (Washington)
Washington
$2K
TFO
375
Tarbox Family Office
California
$2K +$2.29K +28 New

TRIP Hedge Fund Activity: Q4 2013 in Review

376 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2013, worth a combined $10.3B — up 11% from $9.25B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new TRIP positions and 34 closed out — a net gain of 37 holders — while 132 added to existing stakes and 131 trimmed.

The largest buyer was Jennison Associates, opening a new position worth an estimated $303M. The largest seller was T. Rowe Price Associates, cutting an estimated $308M.

  • 376 institutional investors held TripAdvisor (TRIP) as of Q4 2013, up from 341 in Q3 2013.
  • Funds reported $10.3B of TripAdvisor stock for Q4 2013, up 11% quarter-over-quarter.
  • 71 funds opened new TripAdvisor positions in Q4 2013 and 34 closed out, a net change of +37 holders.
  • The largest TripAdvisor buyer in Q4 2013 was Jennison Associates, an estimated $303M added.
  • The largest TripAdvisor seller in Q4 2013 was T. Rowe Price Associates, an estimated $308M sold.

Based on aggregated 13F filings for Q4 2013.