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TripAdvisor

363 hedge funds and large institutions have $5.44B invested in TripAdvisor in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 150 increasing their positions, 106 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 106

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

5% more ownership

Funds ownership: 90.93%95.93% (+5%)

3% less capital invested

Capital invested by funds: $5.6B → $5.44B (-$163M)

5% less funds holding

Funds holding: 381363 (-18)

16% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 58

48% less call options, than puts

Call options by funds: $88.4M | Put options by funds: $170M

Holders
363
Holders Change
-18
Holders Change %
-4.72%
% of All Funds
9.04%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.22%
New
49
Increased
150
Reduced
106
Closed
58
Calls
$88.4M
Puts
$170M
Net Calls
-$81.6M
Net Calls Change
-$63.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity International
26
Fidelity International
Bermuda
$49.8M +$5.72M +120,645 +12%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$48.9M +$3.73M +78,636 +7%
CS
28
Credit Suisse
Switzerland
$40.3M -$3.79M -79,976 -8%
Two Sigma Investments
29
Two Sigma Investments
New York
$37.9M +$34.3M +722,489 +462%
Morgan Stanley
30
Morgan Stanley
New York
$37.6M +$627K +13,215 +2%
DC
31
Davenport & Co
Virginia
$37.4M +$5.52M +116,455 +16%
Mitsubishi UFJ Trust & Banking
32
Mitsubishi UFJ Trust & Banking
Japan
$36.1M -$14M -294,368 -26%
GC
33
Guggenheim Capital
Illinois
$29.2M +$5.28M +111,355 +20%
ESCM
34
Echo Street Capital Management
New York
$26.4M +$11.8M +248,565 +69%
Norges Bank
35
Norges Bank
Norway
$24.4M +$8.23M +173,547 +44%
PAMU
36
Pictet Asset Management (UK)
United Kingdom
$22.7M +$1.53M +32,198 +7%
JP Morgan Chase
37
JP Morgan Chase
New York
$22.6M -$19.5M -410,803 -44%
DGI
38
Disciplined Growth Investors
Minnesota
$20.7M -$45.2K -953 -0.2%
Legal & General Group
39
Legal & General Group
United Kingdom
$20.4M +$941K +19,842 +4%
SEI Investments
40
SEI Investments
Pennsylvania
$18.9M +$2.26M +47,766 +12%
YCMGA
41
York Capital Management Global Advisors
New York
$18.6M +$20.5M +431,874 New
Swiss National Bank
42
Swiss National Bank
Switzerland
$18.3M +$4.42M +93,200 +28%
Russell Investments Group
43
Russell Investments Group
United Kingdom
$17.7M +$451K +9,509 +2%
Kayne Anderson Rudnick Investment Management
44
Kayne Anderson Rudnick Investment Management
California
$17.3M -$11.3M -238,976 -37%
GTP
45
Global Thematic Partners
New York
$17.3M +$19M +400,506 New
OCM
46
Oakview Capital Management
Texas
$16.5M +$18.1M +381,260 New
DnB Asset Management
47
DnB Asset Management
Norway
$15.6M +$17.2M +362,492 New
GF
48
Greenhouse Funds
Maryland
$15.6M +$4.36M +92,000 +34%
Charles Schwab
49
Charles Schwab
California
$15.5M -$113K -2,392 -0.7%
TCIM
50
TIAA CREF Investment Management
New York
$15.3M -$470K -9,916 -3%

TRIP Hedge Fund Activity: Q1 2017 in Review

363 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2017, worth a combined $5.44B — down 2.9% from $5.6B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of TRIP and 49 opened new positions — a net loss of 9 holders — while 106 trimmed existing stakes and 150 added.

The largest buyer was BlackRock, adding an estimated $323M. The largest seller was Highfields Capital Management, exiting entirely with an estimated $119M sold.

  • 363 institutional investors held TripAdvisor (TRIP) as of Q1 2017, down from 381 in Q4 2016.
  • Funds reported $5.44B of TripAdvisor stock for Q1 2017, down 2.9% quarter-over-quarter.
  • 49 funds opened new TripAdvisor positions in Q1 2017 and 58 closed out, a net change of -9 holders.
  • The largest TripAdvisor buyer in Q1 2017 was BlackRock, an estimated $323M added.
  • The largest TripAdvisor seller in Q1 2017 was Highfields Capital Management, an estimated $119M sold.

Based on aggregated 13F filings for Q1 2017.