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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
CWAM
26
Columbia Wanger Asset Management
Illinois
$95.3M -$14.3M -175,000 -13%
SI
27
Scout Investments
Missouri
$92.8M -$30.8M -376,630 -25%
Mitsubishi UFJ Trust & Banking
28
Mitsubishi UFJ Trust & Banking
Japan
$90.9M -$38.8M -474,892 -30%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$90M -$5.1M -62,321 -5%
MCMC
30
Matrix Capital Management Company
New Hampshire
$87.8M
American Century Companies
31
American Century Companies
Missouri
$87.4M +$24.8M +302,959 +40%
O
32
OppenheimerFunds
New York
$87.2M -$5.04M -61,640 -6%
TCIM
33
TIAA CREF Investment Management
New York
$84.9M +$19.7M +241,352 +31%
Norges Bank
34
Norges Bank
Norway
$74M -$5.39M -65,920 -7%
First Trust Advisors
35
First Trust Advisors
Illinois
$73.4M +$9.22M +112,717 +15%
GC
36
Guggenheim Capital
Illinois
$72.2M +$22.3M +272,068 +45%
CS
37
Credit Suisse
Switzerland
$70.7M +$37.2M +454,299 +114%
JP Morgan Chase
38
JP Morgan Chase
New York
$69.7M -$32.2M -394,091 -32%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$67.3M +$2M +24,484 +3%
LBG
40
Lloyds Banking Group
United Kingdom
$65.5M +$3.39M +41,459 +6%
BG
41
BlackRock Group
United Kingdom
$63.6M +$508K +6,211 +0.8%
1832 Asset Management
42
1832 Asset Management
Ontario, Canada
$62.2M +$61.8M +755,600 New
SCM
43
Sandler Capital Management
New York
$52.9M +$52.2M +638,300 New
Renaissance Technologies
44
Renaissance Technologies
New York
$51.5M +$49.5M +604,500 +3,535%
CCI
45
Columbus Circle Investors
$51.3M +$17.3M +211,041 +52%
Janus Henderson Group
46
Janus Henderson Group
United Kingdom
$44.4M -$13.1M -159,823 -23%
Wells Fargo
47
Wells Fargo
California
$41.7M -$18.2M -222,334 -31%
BM
48
Bridger Management
New York
$40.2M +$20M +245,000 +102%
SG Americas Securities
49
SG Americas Securities
New York
$39.6M +$30.8M +376,192 +368%
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$39.5M -$12.9M -158,232 -25%

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.