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TripAdvisor

353 hedge funds and large institutions have $5.24B invested in TripAdvisor in 2018 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 112 increasing their positions, 125 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $164M | Put options by funds: $117M

23% more capital invested

Capital invested by funds: $4.28B → $5.24B (+$966M)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

10% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 50

3.17% more ownership

Funds ownership: 98.47%101.64% (+3.2%)

1% more funds holding

Funds holding: 350353 (+3)

10% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 125

Holders
353
Holders Change
+3
Holders Change %
+0.86%
% of All Funds
8.09%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.14%
New
55
Increased
112
Reduced
125
Closed
50
Calls
$164M
Puts
$117M
Net Calls
+$46.9M
Net Calls Change
+$160M
Name Holding Trade Value Shares
Change
Change in
Stake
MAMU
51
Marathon Asset Management (UK)
United Kingdom
$14.6M +$544K +13,905 +4%
UBS AM
52
UBS AM
Illinois
$14.3M +$1.36M +34,801 +11%
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$13.3M +$155K +3,955 +1%
Prudential Financial
54
Prudential Financial
New Jersey
$12.6M +$6.26M +160,142 +107%
ICP
55
Ironvine Capital Partners
Nebraska
$12.1M +$3M +76,791 +35%
California Public Employees Retirement System
56
California Public Employees Retirement System
California
$12M +$2.68M +68,594 +31%
Barclays
57
Barclays
United Kingdom
$11.8M -$834K -21,329 -7%
Deutsche Bank
58
Deutsche Bank
Germany
$11.5M +$3.93M +100,547 +56%
GF
59
Greenhouse Funds
Maryland
$10.7M -$3.63M -92,810 -26%
Citadel Advisors
60
Citadel Advisors
Florida
$10.6M +$2.27M +58,105 +29%
JGC
61
J. Goldman & Co
New York
$10.6M +$10.1M +258,924 New
PCM
62
PenderFund Capital Management
British Columbia, Canada
$10.2M -$2.15M -54,900 -19%
Mitsubishi UFJ Trust & Banking
63
Mitsubishi UFJ Trust & Banking
Japan
$10.1M -$35.8K -916 -0.4%
AQR Capital Management
64
AQR Capital Management
Connecticut
$10.1M -$20.2M -517,776 -68%
FAM
65
Foundation Asset Management
New York
$9.59M +$9.17M +234,477 New
Wells Fargo
66
Wells Fargo
California
$9.53M +$1.85M +47,443 +26%
Russell Investments Group
67
Russell Investments Group
United Kingdom
$9.49M -$4.44M -113,550 -33%
HP
68
Hosking Partners
United Kingdom
$9.15M +$394K +10,082 +5%
CS
69
Credit Suisse
Switzerland
$9.08M -$4.63M -118,423 -35%
GTP
70
Global Thematic Partners
New York
$8.33M -$26.9M -687,206 -77%
PCM
71
Penserra Capital Management
California
$8.27M +$2.59M +66,297 +49%
SEC
72
Seven Eight Capital
New York
$8.23M +$7.87M +201,381 New
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$7.82M -$33.3K -852 -0.4%
T. Rowe Price Associates
74
T. Rowe Price Associates
Maryland
$7.81M -$169M -4,315,737 -96%
Retirement Systems of Alabama
75
Retirement Systems of Alabama
Alabama
$7.66M +$5.27M +134,859 +257%

TRIP Hedge Fund Activity: Q1 2018 in Review

353 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2018, worth a combined $5.24B — up 23% from $4.28B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new TRIP positions and 50 closed out — a net gain of 5 holders — while 112 added to existing stakes and 125 trimmed.

The largest buyer was Bares Capital Management, opening a new position worth an estimated $166M. The largest seller was T. Rowe Price Associates, cutting an estimated $169M.

  • 353 institutional investors held TripAdvisor (TRIP) as of Q1 2018, up from 350 in Q4 2017.
  • Funds reported $5.24B of TripAdvisor stock for Q1 2018, up 23% quarter-over-quarter.
  • 55 funds opened new TripAdvisor positions in Q1 2018 and 50 closed out, a net change of +5 holders.
  • The largest TripAdvisor buyer in Q1 2018 was Bares Capital Management, an estimated $166M added.
  • The largest TripAdvisor seller in Q1 2018 was T. Rowe Price Associates, an estimated $169M sold.

Based on aggregated 13F filings for Q1 2018.