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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
Royal Bank of Canada
101
Royal Bank of Canada
Ontario, Canada
$10.4M +$7.16M +87,473 +229%
Swiss National Bank
102
Swiss National Bank
Switzerland
$10.3M -$229K -2,800 -2%
Adage Capital Partners
103
Adage Capital Partners
Massachusetts
$10.1M +$3.68M +45,000 +58%
Lord, Abbett & Co
104
Lord, Abbett & Co
New Jersey
$10.1M +$9.96M +121,750 New
PPA
105
Parametric Portfolio Associates
Washington
$9.39M +$557K +6,813 +6%
RG
106
Rathbones Group
United Kingdom
$9.29M +$8.84M +108,000 +2,602%
KBC Group
107
KBC Group
Belgium
$8.61M +$3.16M +38,641 +59%
JCMLC
108
JAT Capital Management LP (Connecticut)
Connecticut
$8.28M +$8.18M +100,000 New
TD Asset Management
109
TD Asset Management
Ontario, Canada
$8.09M -$4.4M -53,800 -36%
JCM
110
Jag Capital Management
Missouri
$8.06M +$3.79M +46,347 +91%
TI
111
Turner Investments
Pennsylvania
$7.9M +$2.3M +28,112 +42%
OAM
112
Oxford Asset Management
United Kingdom
$7.74M +$4.21M +51,446 +123%
VOYA Investment Management
113
VOYA Investment Management
Georgia
$7.5M -$56K -684 -0.7%
CA
114
Commerzbank Aktiengesellschaft
Germany
$7.34M +$3.64M +44,495 +88%
BCIM
115
British Columbia Investment Management
British Columbia, Canada
$7.24M +$176K +2,155 +3%
TRSOTSOK
116
Teachers Retirement System of the State of Kentucky
Kentucky
$6.79M
AQR Capital Management
117
AQR Capital Management
Connecticut
$6.75M +$3.65M +44,622 +121%
BLM
118
Bennett Lawrence Management
New York
$6.69M -$980K -11,975 -13%
Chevy Chase Trust
119
Chevy Chase Trust
Maryland
$6.68M +$217K +2,647 +3%
State of Wisconsin Investment Board
120
State of Wisconsin Investment Board
Wisconsin
$6.62M -$199K -2,430 -3%
CBOA
121
Commonwealth Bank of Australia
Australia
$6.5M -$295K -3,600 -4%
GIP
122
Granite Investment Partners
California
$6.34M -$156K -1,903 -2%
GCP
123
GSA Capital Partners
United Kingdom
$6.24M +$5.67M +69,292 +1,142%
WCM
124
Winton Capital Management
United Kingdom
$6.22M +$4.96M +60,637 +418%
APG Asset Management
125
APG Asset Management
Netherlands
$6.19M +$2.1M +25,700 +52%

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.