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TripAdvisor

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.

New
Increased
Maintained
Reduced
Closed

55% more funds holding in top 10

Funds holding in top 10: 1117 (+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: 391399 (+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

Holders
399
Holders Change
+8
Holders Change %
+2.05%
% of All Funds
11.47%
Holding in Top 10
17
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+54.55%
% of All Funds
0.49%
New
64
Increased
131
Reduced
144
Closed
53
Calls
$183M
Puts
$257M
Net Calls
-$73.5M
Net Calls Change
-$61.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BM
51
Bridger Management
New York
$62.5M +$14.7M +160,000 +39%
TCM
52
Tybourne Capital Management
Hong Kong
$56.5M -$57.9M -629,368 -55%
Goldman Sachs
53
Goldman Sachs
New York
$53.8M -$8.92M -96,938 -16%
HSBC Holdings
54
HSBC Holdings
United Kingdom
$53.4M -$1.93M -20,956 -4%
CCI
55
Columbus Circle Investors
$50.4M +$6.7M +72,829 +19%
Legal & General Group
56
Legal & General Group
United Kingdom
$46M -$1.05M -11,365 -3%
CAM
57
Contour Asset Management
New York
$44.1M +$37.3M +405,662 New
MCM
58
Marsico Capital Management
Colorado
$43.9M +$7.17M +77,927 +24%
EC
59
EMS Capital
New York
$42.4M +$8.28M +90,000 +30%
WRCM
60
Whale Rock Capital Management
Massachusetts
$41M -$70.5K -766 -0.2%
BlackRock
61
BlackRock
New York
$40.8M -$10.9M -118,460 -24%
UBS AM
62
UBS AM
Illinois
$40.1M +$1.74M +18,920 +5%
California Public Employees Retirement System
63
California Public Employees Retirement System
California
$39.5M -$659K -7,170 -2%
LSCM
64
Light Street Capital Management
California
$39.1M +$33.1M +360,000 New
PC
65
Polar Capital
United Kingdom
$34.6M +$6.25M +67,934 +27%
Nomura Holdings
66
Nomura Holdings
Japan
$34.5M -$7.69M -83,626 -21%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$34.5M
TA
68
Teachers Advisors
New York
$34.3M +$11.7M +126,724 +67%
Susquehanna International Group
69
Susquehanna International Group
Pennsylvania
$31.4M +$12.2M +132,606 +85%
Sumitomo Mitsui Trust Group
70
Sumitomo Mitsui Trust Group
Japan
$30.8M -$1.52M -16,513 -6%
ACM
71
Andor Capital Management
New York
$29.9M -$20.7M -225,000 -45%
EAM
72
Eagle Asset Management
Florida
$29.5M -$698K -7,589 -3%
Bank of America
73
Bank of America
North Carolina
$29.1M -$121M -1,314,066 -83%
AllianceBernstein
74
AllianceBernstein
Tennessee
$28.2M -$853K -9,277 -3%
PAM
75
Panagora Asset Management
Massachusetts
$28.2M -$741K -8,058 -3%

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.