TripAdvisor
TRIP
285 hedge funds and large institutions have $2.81B invested in TripAdvisor in 2020 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 63 increasing their positions, 92 reducing their positions, and 29 closing their positions.
179% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 29
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
53% more capital invested
Capital invested by funds: $1.83B → $2.81B (+$975M)
21% more funds holding
Funds holding: 236 → 285 (+49)
3.23% more ownership
Funds ownership: 76.99% → 80.21% (+3.2%)
8% more call options, than puts
Call options by funds: $338M | Put options by funds: $312M
32% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$130M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$79.1M |
| 3 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$48.1M |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$19.3M |
| 5 |
HAM
Honeycomb Asset Management
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Capital Management (New York)
New York
|
-$185M |
| 2 |
Renaissance Technologies
New York
|
-$39.9M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$29.4M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$26.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$18.4M |
TRIP Hedge Fund Activity: Q4 2020 in Review
285 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2020, worth a combined $2.81B — up 53% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new TRIP positions and 29 closed out — a net gain of 52 holders — while 63 added to existing stakes and 92 trimmed.
The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $130M. The largest seller was Eagle Capital Management (New York), cutting an estimated $185M.
- 285 institutional investors held TripAdvisor (TRIP) as of Q4 2020, up from 236 in Q3 2020.
- Funds reported $2.81B of TripAdvisor stock for Q4 2020, up 53% quarter-over-quarter.
- 81 funds opened new TripAdvisor positions in Q4 2020 and 29 closed out, a net change of +52 holders.
- The largest TripAdvisor buyer in Q4 2020 was Whale Rock Capital Management, an estimated $130M added.
- The largest TripAdvisor seller in Q4 2020 was Eagle Capital Management (New York), an estimated $185M sold.
Based on aggregated 13F filings for Q4 2020.