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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
T
51
TOBAM
France
$14.8M -$1.86M -39,252 -10%
MFWM
52
Motley Fool Wealth Management
Virginia
$14.7M +$448K +9,455 +3%
EAM
53
EastBay Asset Management
New York
$14.3M -$8.1M -170,868 -34%
Sumitomo Mitsui Trust Group
54
Sumitomo Mitsui Trust Group
Japan
$13.9M +$174K +3,674 +1%
Wells Fargo
55
Wells Fargo
California
$13.8M +$2.83M +59,748 +23%
CFM
56
Coronation Fund Managers
South Africa
$13.7M +$578K +12,183 +4%
UBS AM
57
UBS AM
Illinois
$13.7M +$1.52M +32,039 +11%
Dimensional Fund Advisors
58
Dimensional Fund Advisors
Texas
$12.3M -$69.9K -1,475 -0.5%
Royal Bank of Canada
59
Royal Bank of Canada
Ontario, Canada
$12M -$2.41M -50,754 -15%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$11.9M +$237K +5,001 +2%
Deutsche Bank
61
Deutsche Bank
Germany
$11.8M -$4.21M -88,809 -25%
Nomura Holdings
62
Nomura Holdings
Japan
$11.1M +$382K +8,052 +3%
AVC
63
Arlington Value Capital
Utah
$11.1M +$12.1M +256,195 New
SFM
64
Soros Fund Management
New York
$10.8M +$11M +231,074 +1,269%
SCA
65
Signpost Capital Advisors
New York
$10.4M +$2.75M +57,929 +32%
BNP Paribas Financial Markets
66
BNP Paribas Financial Markets
France
$10.2M +$6.99M +147,374 +164%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$9.77M -$493K -10,400 -4%
CA
68
Commerzbank Aktiengesellschaft
Germany
$9.55M -$6.18M -130,238 -37%
WCM Investment Management
69
WCM Investment Management
California
$9.38M -$9.8M -206,770 -49%
KBC Group
70
KBC Group
Belgium
$9.36M +$3.4M +71,614 +49%
Barclays
71
Barclays
United Kingdom
$9.13M +$224K +4,728 +2%
RhumbLine Advisers
72
RhumbLine Advisers
Massachusetts
$8.9M +$62.8K +1,324 +0.6%
SM
73
Sunriver Management
Connecticut
$8.64M +$9.49M +200,130 New
PPC
74
Park Presidio Capital
California
$8.63M +$9.48M +200,000 New
Susquehanna International Group
75
Susquehanna International Group
Pennsylvania
$8.63M +$5.51M +116,184 +139%

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.