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TripAdvisor

341 hedge funds and large institutions have $9.25B invested in TripAdvisor in 2013 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 137 increasing their positions, 103 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 32

33% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 103

23% more capital invested

Capital invested by funds: $7.55B → $9.25B (+$1.7B)

8% more funds holding

Funds holding: 316341 (+25)

0% more funds holding in top 10

Funds holding in top 10: 1414 (0)

1% less call options, than puts

Call options by funds: $133M | Put options by funds: $134M

Holders
341
Holders Change
+25
Holders Change %
+7.91%
% of All Funds
11.06%
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.45%
New
58
Increased
137
Reduced
103
Closed
32
Calls
$133M
Puts
$134M
Net Calls
-$980K
Net Calls Change
-$22.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
101
Millennium Management
New York
$8.22M -$15.3M -215,756 -67%
PPA
102
Parametric Portfolio Associates
Washington
$8.08M +$550K +7,764 +8%
SG Americas Securities
103
SG Americas Securities
New York
$7.75M +$1.48M +20,857 +26%
FAM
104
Fred Alger Management
New York
$7.38M +$6.89M +97,221 +64,814%
BLM
105
Bennett Lawrence Management
New York
$7.04M -$2.45M -34,525 -27%
VOYA Investment Management
106
VOYA Investment Management
Georgia
$6.92M -$213K -3,006 -3%
Caisse de Depot et Placement du Quebec (CDPQ)
107
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$6.82M -$893K -12,600 -12%
BCIM
108
British Columbia Investment Management
British Columbia, Canada
$6.47M +$237K +3,339 +4%
State of Wisconsin Investment Board
109
State of Wisconsin Investment Board
Wisconsin
$6.25M -$453K -6,390 -7%
CBOA
110
Commonwealth Bank of Australia
Australia
$6.22M -$574K -8,102 -9%
TRSOTSOK
111
Teachers Retirement System of the State of Kentucky
Kentucky
$6.22M -$425K -6,000 -7%
BA
112
BlackRock Advisors
Delaware
$6.07M +$648K +9,150 +13%
GIP
113
Granite Investment Partners
California
$5.95M -$143K -2,012 -2%
Chevy Chase Trust
114
Chevy Chase Trust
Maryland
$5.92M +$189K +2,665 +4%
Adage Capital Partners
115
Adage Capital Partners
Massachusetts
$5.84M +$5.46M +77,000 New
MLICM
116
Metropolitan Life Insurance Company (MetLife)
New York
$5.56M +$6.02K +85 +0.1%
Korea Investment Corp
117
Korea Investment Corp
South Korea
$5.36M +$3.93M +55,500 +365%
Mitsubishi UFJ Asset Management
118
Mitsubishi UFJ Asset Management
Japan
$5.2M +$230K +3,243 +5%
Citigroup
119
Citigroup
New York
$5.12M +$1.05M +14,775 +28%
GH
120
GAM Holding
Switzerland
$5.12M +$2.97M +41,949 +164%
TI
121
Turner Investments
Pennsylvania
$5.1M -$1.11M -15,693 -19%
3NC
122
300 North Capital
California
$5.1M +$3.34M +47,077 +234%
Retirement Systems of Alabama
123
Retirement Systems of Alabama
Alabama
$5.03M +$94.6K +1,335 +2%
KBC Group
124
KBC Group
Belgium
$4.95M +$4.29M +60,614 +1,291%
BT
125
Beacon Trust
New Jersey
$4.9M +$105K +1,485 +2%

TRIP Hedge Fund Activity: Q3 2013 in Review

341 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2013, worth a combined $9.25B — up 23% from $7.55B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new TRIP positions and 32 closed out — a net gain of 26 holders — while 137 added to existing stakes and 103 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $150M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $121M sold.

  • 341 institutional investors held TripAdvisor (TRIP) as of Q3 2013, up from 316 in Q2 2013.
  • Funds reported $9.25B of TripAdvisor stock for Q3 2013, up 23% quarter-over-quarter.
  • 58 funds opened new TripAdvisor positions in Q3 2013 and 32 closed out, a net change of +26 holders.
  • The largest TripAdvisor buyer in Q3 2013 was Fidelity Investments, an estimated $150M added.
  • The largest TripAdvisor seller in Q3 2013 was Lone Pine Capital, an estimated $121M sold.

Based on aggregated 13F filings for Q3 2013.