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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
California Public Employees Retirement System
76
California Public Employees Retirement System
California
$8.51M -$403K -8,500 -4%
HP
77
Hosking Partners
United Kingdom
$8.4M +$844K +17,796 +10%
AllianceBernstein
78
AllianceBernstein
Tennessee
$8.34M -$109K -2,295 -1%
APG Asset Management
79
APG Asset Management
Netherlands
$8.06M -$1.08M -22,800 -11%
New York State Teachers Retirement System (NYSTRS)
80
New York State Teachers Retirement System (NYSTRS)
New York
$8.04M -$3.98K -84 -0%
Asset Management One
81
Asset Management One
Japan
$7.99M -$732K -15,447 -8%
AH
82
Allen Holding
New York
$7.85M
HAM
83
Harber Asset Management
North Carolina
$7.79M +$4.86M +102,537 +132%
FHAM
84
Folger Hill Asset Management
New York
$7.55M +$8.3M +175,000 New
OAM
85
Oxford Asset Management
United Kingdom
$7.15M +$1.03M +21,825 +15%
Retirement Systems of Alabama
86
Retirement Systems of Alabama
Alabama
$7.14M +$994K +20,959 +15%
AQR Capital Management
87
AQR Capital Management
Connecticut
$7.03M -$4.66M -98,268 -38%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$7.02M +$32.3K +682 +0.4%
Adage Capital Partners
89
Adage Capital Partners
Massachusetts
$6.92M -$109K -2,300 -1%
Principal Financial Group
90
Principal Financial Group
Iowa
$6.77M -$323K -6,807 -4%
PPA
91
Parametric Portfolio Associates
Washington
$6.77M -$26.1M -550,447 -78%
Prudential Financial
92
Prudential Financial
New Jersey
$6.62M -$192K -4,040 -3%
Bank of America
93
Bank of America
North Carolina
$6.61M -$5.49M -115,772 -43%
MNA
94
Manning & Napier Advisors
New York
$6.29M -$3.84M -80,945 -36%
PG
95
PEAK6 Group
Illinois
$6.22M +$3.24M +68,279 +90%
TA
96
Teachers Advisors
New York
$5.71M +$324K +6,830 +5%
FP
97
FDO Partners
Massachusetts
$5.44M +$3.74M +78,876 +167%
MRCP
98
Maple Rock Capital Partners
Ontario, Canada
$5.39M +$5.93M +125,000 New
UOC
99
UBS O'Connor
Illinois
$5.39M +$5.93M +125,000 New
MAMU
100
Marathon Asset Management (UK)
United Kingdom
$5.35M -$184K -3,890 -3%

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.