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TripAdvisor

375 hedge funds and large institutions have $5.6B invested in TripAdvisor in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 123 increasing their positions, 139 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.15% less ownership

Funds ownership: 97.11%95.96% (-1.2%)

7% less funds holding

Funds holding: 404375 (-29)

11% less capital invested

Capital invested by funds: $6.27B → $5.6B (-$661M)

12% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 139

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

28% less call options, than puts

Call options by funds: $91.7M | Put options by funds: $128M

31% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 72

Holders
375
Holders Change
-29
Holders Change %
-7.18%
% of All Funds
8.15%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.13%
New
50
Increased
123
Reduced
139
Closed
72
Calls
$91.7M
Puts
$128M
Net Calls
-$36.5M
Net Calls Change
+$13.8M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
51
UBS Group
Switzerland
$13.8M +$3.94M +80,902 +37%
KBC Group
52
KBC Group
Belgium
$13.1M +$1.6M +32,745 +13%
Nomura Holdings
53
Nomura Holdings
Japan
$12.5M +$6.58K +135 +0.1%
JP Morgan Chase
54
JP Morgan Chase
New York
$12.5M -$10.1M -206,280 -44%
Canada Pension Plan Investment Board
55
Canada Pension Plan Investment Board
Ontario, Canada
$11.2M -$11.1M -226,928 -48%
PI
56
Putnam Investments
Massachusetts
$10.9M +$181K +3,704 +2%
Man Group
57
Man Group
United Kingdom
$10.8M +$6.25M +128,244 +122%
Marshall Wace
58
Marshall Wace
United Kingdom
$10.8M +$11.3M +232,626 New
PCM
59
PenderFund Capital Management
British Columbia, Canada
$10.8M +$1.36M +27,840 +14%
ACI
60
AMP Capital Investors
Australia
$10.6M -$395K -8,108 -3%
Teacher Retirement System of Texas
61
Teacher Retirement System of Texas
Texas
$10.5M +$3.43M +70,425 +45%
AllianceBernstein
62
AllianceBernstein
Tennessee
$10.2M -$483K -9,909 -4%
PCM
63
Penserra Capital Management
California
$9.05M +$2.04M +41,868 +27%
Aberdeen Group
64
Aberdeen Group
United Kingdom
$9.02M -$43.4K -891 -0.5%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$8.84M +$605K +12,406 +7%
Citigroup
66
Citigroup
New York
$8.75M +$4.41M +90,531 +92%
PAM
67
Panagora Asset Management
Massachusetts
$8.7M -$168K -3,443 -2%
GLA
68
Great Lakes Advisors
Illinois
$8.54M -$5.1M -104,646 -36%
MSL
69
Mackay Shields LLC
New York
$8.54M -$264K -5,408 -3%
Canada Life
70
Canada Life
Manitoba, Canada
$8.45M +$1.08M +22,072 +14%
Lazard Asset Management
71
Lazard Asset Management
New York
$8.44M +$5.28M +108,254 +146%
USAA
72
United Services Automobile Association
Texas
$8.42M -$3.13M -64,133 -26%
AH
73
Allen Holding
New York
$8.42M
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$8.09M +$223K +4,573 +3%
RPI
75
Railway Pension Investments
United Kingdom
$7.99M +$848K +17,405 +11%

TRIP Hedge Fund Activity: Q2 2019 in Review

375 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2019, worth a combined $5.6B — down 11% from $6.27B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of TRIP and 50 opened new positions — a net loss of 22 holders — while 139 trimmed existing stakes and 123 added.

The largest buyer was AQR Capital Management, adding an estimated $74.4M. The largest seller was Fidelity Investments, cutting an estimated $70.2M.

  • 375 institutional investors held TripAdvisor (TRIP) as of Q2 2019, down from 404 in Q1 2019.
  • Funds reported $5.6B of TripAdvisor stock for Q2 2019, down 11% quarter-over-quarter.
  • 50 funds opened new TripAdvisor positions in Q2 2019 and 72 closed out, a net change of -22 holders.
  • The largest TripAdvisor buyer in Q2 2019 was AQR Capital Management, an estimated $74.4M added.
  • The largest TripAdvisor seller in Q2 2019 was Fidelity Investments, an estimated $70.2M sold.

Based on aggregated 13F filings for Q2 2019.