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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
AH
76
Allen Holding
New York
$27.2M
Prudential Financial
77
Prudential Financial
New Jersey
$27M +$8.52M +92,627 +60%
Manulife (Manufacturers Life Insurance)
78
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$26.9M +$3.38M +36,742 +17%
Charles Schwab
79
Charles Schwab
California
$26.8M +$416K +4,518 +2%
MNA
80
Manning & Napier Advisors
New York
$25.1M +$7.49M +81,480 +55%
JMH
81
J.M. Hartwell
New York
$24.9M -$1.84K -20 -0%
N
82
Nuveen
North Carolina
$24.1M -$502K -5,455 -2%
Lord, Abbett & Co
83
Lord, Abbett & Co
New Jersey
$24.1M +$9.41M +102,305 +86%
New York State Teachers Retirement System (NYSTRS)
84
New York State Teachers Retirement System (NYSTRS)
New York
$23.9M -$2.02M -21,957 -9%
MAA
85
Managed Account Advisors
New Jersey
$22.6M +$9.01M +97,911 +89%
Dimensional Fund Advisors
86
Dimensional Fund Advisors
Texas
$22.5M +$222K +2,417 +1%
California State Teachers Retirement System (CalSTRS)
87
California State Teachers Retirement System (CalSTRS)
California
$22.1M -$46K -500 -0.2%
Wells Fargo
88
Wells Fargo
California
$22M -$27.6M -299,670 -60%
Fidelity International
89
Fidelity International
Bermuda
$21.7M -$1.16M -12,558 -6%
Franklin Resources
90
Franklin Resources
California
$21.7M
RIM
91
Rainier Investment Management
Washington
$20.9M -$14.2M -154,000 -44%
NCA
92
Newbrook Capital Advisors
New York
$20.9M +$17.7M +192,414 New
Kayne Anderson Rudnick Investment Management
93
Kayne Anderson Rudnick Investment Management
California
$20.8M -$312K -3,394 -2%
AAM
94
Aberdeen Asset Management
United Kingdom
$20.4M +$16.3M +177,148 +1,619%
PAMU
95
Pictet Asset Management (UK)
United Kingdom
$19.7M -$5.84M -63,485 -26%
State Board of Administration of Florida Retirement System
96
State Board of Administration of Florida Retirement System
Florida
$19.2M +$648K +7,049 +4%
MCM
97
Moore Capital Management
New York
$19M +$16.1M +175,000 New
RCM
98
Raging Capital Management
New Jersey
$18.7M +$15.8M +172,200 New
RhumbLine Advisers
99
RhumbLine Advisers
Massachusetts
$18.5M -$335K -3,640 -2%
Adage Capital Partners
100
Adage Capital Partners
Massachusetts
$18.3M +$7.22M +78,500 +87%

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.