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TripAdvisor

376 hedge funds and large institutions have $10.3B invested in TripAdvisor in 2013 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 132 increasing their positions, 131 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 34

43% more call options, than puts

Call options by funds: $197M | Put options by funds: $138M

11% more capital invested

Capital invested by funds: $9.25B → $10.3B (+$1B)

10% more funds holding

Funds holding: 341376 (+35)

1% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 131

7% less funds holding in top 10

Funds holding in top 10: 1413 (-1)

Holders
376
Holders Change
+35
Holders Change %
+10.26%
% of All Funds
10.91%
Holding in Top 10
13
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.14%
% of All Funds
0.38%
New
71
Increased
132
Reduced
131
Closed
34
Calls
$197M
Puts
$138M
Net Calls
+$59M
Net Calls Change
+$60M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
76
AllianceBernstein
Tennessee
$19.5M +$1.63M +19,958 +9%
JMH
77
J.M. Hartwell
New York
$19.3M -$897K -10,960 -4%
PAMU
78
Pictet Asset Management (UK)
United Kingdom
$19M -$3.75M -45,828 -17%
Charles Schwab
79
Charles Schwab
California
$18.3M +$436K +5,332 +2%
PC
80
Polar Capital
United Kingdom
$17.9M +$3.28M +40,150 +23%
CII
81
CR Intrinsic Investors
Connecticut
$17.9M -$1.23M -15,000 -6%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$16.8M +$115K +1,400 +0.7%
Dimensional Fund Advisors
83
Dimensional Fund Advisors
Texas
$16.6M +$665K +8,127 +4%
Allianz Asset Management
84
Allianz Asset Management
Germany
$16.5M -$4.29M -52,484 -21%
T
85
TOBAM
France
$16.2M -$38.1M -465,996 -70%
BIM
86
BlackRock Investment Management
Delaware
$16.1M -$745K -9,106 -4%
ACI
87
AMP Capital Investors
Australia
$15.9M +$1.63M +19,881 +11%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$15.3M -$165K -2,021 -1%
EC
89
EMS Capital
New York
$14.9M
RhumbLine Advisers
90
RhumbLine Advisers
Massachusetts
$14.9M -$1.84M -22,495 -11%
Principal Financial Group
91
Principal Financial Group
Iowa
$13.9M +$46.4K +567 +0.3%
CCM
92
Century Capital Management
Massachusetts
$13.7M +$9.31M +113,853 +222%
MTB
93
Mizuho Trust & Banking
Japan
$13.3M +$276K +3,373 +2%
TA
94
Teachers Advisors
New York
$13.2M +$903K +11,035 +7%
EGM
95
Espalier Global Management
New York
$12.4M +$12.3M +150,000 New
Barclays
96
Barclays
United Kingdom
$12.3M +$2.51M +30,743 +26%
BJ
97
BlackRock Japan
Japan
$11.9M +$486K +5,937 +4%
CCM
98
Criterion Capital Management
California
$11.6M +$1.17M +14,300 +11%
Prudential Financial
99
Prudential Financial
New Jersey
$11.2M -$264K -3,230 -2%
VCAM
100
Valentine Capital Asset Management
California
$10.8M -$112K -1,375 -1%

TRIP Hedge Fund Activity: Q4 2013 in Review

376 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2013, worth a combined $10.3B — up 11% from $9.25B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new TRIP positions and 34 closed out — a net gain of 37 holders — while 132 added to existing stakes and 131 trimmed.

The largest buyer was Jennison Associates, opening a new position worth an estimated $303M. The largest seller was T. Rowe Price Associates, cutting an estimated $308M.

  • 376 institutional investors held TripAdvisor (TRIP) as of Q4 2013, up from 341 in Q3 2013.
  • Funds reported $10.3B of TripAdvisor stock for Q4 2013, up 11% quarter-over-quarter.
  • 71 funds opened new TripAdvisor positions in Q4 2013 and 34 closed out, a net change of +37 holders.
  • The largest TripAdvisor buyer in Q4 2013 was Jennison Associates, an estimated $303M added.
  • The largest TripAdvisor seller in Q4 2013 was T. Rowe Price Associates, an estimated $308M sold.

Based on aggregated 13F filings for Q4 2013.