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TripAdvisor

341 hedge funds and large institutions have $9.25B invested in TripAdvisor in 2013 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 137 increasing their positions, 103 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 32

33% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 103

23% more capital invested

Capital invested by funds: $7.55B → $9.25B (+$1.7B)

8% more funds holding

Funds holding: 316341 (+25)

0% more funds holding in top 10

Funds holding in top 10: 1414 (0)

1% less call options, than puts

Call options by funds: $133M | Put options by funds: $134M

Holders
341
Holders Change
+25
Holders Change %
+7.91%
% of All Funds
11.06%
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.45%
New
58
Increased
137
Reduced
103
Closed
32
Calls
$133M
Puts
$134M
Net Calls
-$980K
Net Calls Change
-$22.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity International
51
Fidelity International
Bermuda
$32.5M +$9.05M +127,692 +42%
GIG
52
Goodnow Investment Group
Connecticut
$31.6M +$1.27M +17,954 +5%
CCI
53
Columbus Circle Investors
$31M -$1.79M -25,235 -6%
CS
54
Credit Suisse
Switzerland
$30.3M -$7.07M -99,848 -20%
JC
55
Joho Capital
New York
$24.6M
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$24.5M -$1.6M -22,650 -7%
Sumitomo Mitsui Trust Group
57
Sumitomo Mitsui Trust Group
Japan
$24.3M +$1.48M +20,869 +7%
WRCM
58
Whale Rock Capital Management
Massachusetts
$24.1M -$3.28M -46,280 -13%
UBS AM
59
UBS AM
Illinois
$23.5M +$1.62M +22,883 +8%
Two Sigma Investments
60
Two Sigma Investments
New York
$23.2M +$21.7M +306,159 New
AH
61
Allen Holding
New York
$22.8M
Robeco Institutional Asset Management
62
Robeco Institutional Asset Management
Netherlands
$22M -$708K -10,000 -3%
California Public Employees Retirement System
63
California Public Employees Retirement System
California
$21.4M +$107K +1,504 +0.5%
PAMU
64
Pictet Asset Management (UK)
United Kingdom
$20.9M +$9.24M +130,483 +90%
Tiger Global Management
65
Tiger Global Management
New York
$20.5M +$19.1M +270,000 New
N
66
Nuveen
North Carolina
$19.4M +$17.6M +247,772 +2,959%
Allianz Asset Management
67
Allianz Asset Management
Germany
$19.1M -$689K -9,730 -4%
New York State Teachers Retirement System (NYSTRS)
68
New York State Teachers Retirement System (NYSTRS)
New York
$19.1M +$118K +1,664 +0.7%
JMH
69
J.M. Hartwell
New York
$18.5M -$514K -7,250 -3%
BM
70
Bridger Management
New York
$18.2M -$37.9M -535,000 -69%
Calamos Advisors
71
Calamos Advisors
Illinois
$17.7M -$1.53M -21,568 -8%
CII
72
CR Intrinsic Investors
Connecticut
$17.5M -$4.96M -70,000 -23%
BlackRock
73
BlackRock
New York
$17M -$1.06M -14,954 -6%
Charles Schwab
74
Charles Schwab
California
$16.9M -$1.41M -19,908 -8%
AllianceBernstein
75
AllianceBernstein
Tennessee
$16.3M +$401K +5,654 +3%

TRIP Hedge Fund Activity: Q3 2013 in Review

341 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2013, worth a combined $9.25B — up 23% from $7.55B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new TRIP positions and 32 closed out — a net gain of 26 holders — while 137 added to existing stakes and 103 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $150M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $121M sold.

  • 341 institutional investors held TripAdvisor (TRIP) as of Q3 2013, up from 316 in Q2 2013.
  • Funds reported $9.25B of TripAdvisor stock for Q3 2013, up 23% quarter-over-quarter.
  • 58 funds opened new TripAdvisor positions in Q3 2013 and 32 closed out, a net change of +26 holders.
  • The largest TripAdvisor buyer in Q3 2013 was Fidelity Investments, an estimated $150M added.
  • The largest TripAdvisor seller in Q3 2013 was Lone Pine Capital, an estimated $121M sold.

Based on aggregated 13F filings for Q3 2013.