TripAdvisor
TRIP
399 hedge funds and large institutions have $13.4B invested in TripAdvisor in 2014 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 131 increasing their positions, 144 reducing their positions, and 53 closing their positions.
55% more funds holding in top 10
Funds holding in top 10: 11 → 17 (+6)
23% more capital invested
Capital invested by funds: $10.9B → $13.4B (+$2.48B)
21% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 53
2% more funds holding
Funds holding: 391 → 399 (+8)
9% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 144
29% less call options, than puts
Call options by funds: $183M | Put options by funds: $257M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$144M |
| 2 |
JP Morgan Chase
New York
|
+$109M |
| 3 |
Jennison Associates
New York
|
+$108M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$101M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$97.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$160M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$121M |
| 3 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$112M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$101M |
| 5 |
Renaissance Technologies
New York
|
-$86.8M |
TRIP Hedge Fund Activity: Q2 2014 in Review
399 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2014, worth a combined $13.4B — up 23% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new TRIP positions and 53 closed out — a net gain of 11 holders — while 131 added to existing stakes and 144 trimmed.
The largest buyer was Steadfast Capital Management, adding an estimated $144M. The largest seller was Fidelity Investments, cutting an estimated $160M.
- 399 institutional investors held TripAdvisor (TRIP) as of Q2 2014, up from 391 in Q1 2014.
- Funds reported $13.4B of TripAdvisor stock for Q2 2014, up 23% quarter-over-quarter.
- 64 funds opened new TripAdvisor positions in Q2 2014 and 53 closed out, a net change of +11 holders.
- The largest TripAdvisor buyer in Q2 2014 was Steadfast Capital Management, an estimated $144M added.
- The largest TripAdvisor seller in Q2 2014 was Fidelity Investments, an estimated $160M sold.
Based on aggregated 13F filings for Q2 2014.