TripAdvisor
TRIP
386 hedge funds and large institutions have $7.83B invested in TripAdvisor in 2015 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 160 increasing their positions, 114 reducing their positions, and 60 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 114
8% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 60
2% less funds holding
Funds holding: 394 → 386 (-8)
17% less call options, than puts
Call options by funds: $92.9M | Put options by funds: $112M
28% less capital invested
Capital invested by funds: $10.9B → $7.83B (-$3.08B)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$154M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$117M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$110M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$79.6M |
| 5 |
Bank of New York Mellon
New York
|
+$77.7M |
Top Sellers
| 1 |
Jennison Associates
New York
|
-$222M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$180M |
| 3 |
FAM
Fred Alger Management
New York
|
-$161M |
| 4 |
Tiger Global Management
New York
|
-$107M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$101M |
TRIP Hedge Fund Activity: Q3 2015 in Review
386 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2015, worth a combined $7.83B — down 28% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of TRIP and 55 opened new positions — a net loss of 5 holders — while 114 trimmed existing stakes and 160 added.
The largest buyer was Highfields Capital Management, opening a new position worth an estimated $154M. The largest seller was Jennison Associates, cutting an estimated $222M.
- 386 institutional investors held TripAdvisor (TRIP) as of Q3 2015, down from 394 in Q2 2015.
- Funds reported $7.83B of TripAdvisor stock for Q3 2015, down 28% quarter-over-quarter.
- 55 funds opened new TripAdvisor positions in Q3 2015 and 60 closed out, a net change of -5 holders.
- The largest TripAdvisor buyer in Q3 2015 was Highfields Capital Management, an estimated $154M added.
- The largest TripAdvisor seller in Q3 2015 was Jennison Associates, an estimated $222M sold.
Based on aggregated 13F filings for Q3 2015.