TripAdvisor
TRIP
391 hedge funds and large institutions have $10.9B invested in TripAdvisor in 2014 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 150 increasing their positions, 137 reducing their positions, and 38 closing their positions.
53% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 38
6% more capital invested
Capital invested by funds: $10.3B → $10.9B (+$629M)
4% more funds holding
Funds holding: 376 → 391 (+15)
9% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 137
7% less call options, than puts
Call options by funds: $167M | Put options by funds: $180M
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
Top Buyers
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$341M |
| 2 |
Coatue Management
New York
|
-$301M |
| 3 |
Tiger Global Management
New York
|
-$123M |
| 4 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$116M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.3M |
TRIP Hedge Fund Activity: Q1 2014 in Review
391 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2014, worth a combined $10.9B — up 6.1% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TRIP positions and 38 closed out — a net gain of 20 holders — while 150 added to existing stakes and 137 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $113M. The largest seller was T. Rowe Price Associates, cutting an estimated $341M.
- 391 institutional investors held TripAdvisor (TRIP) as of Q1 2014, up from 376 in Q4 2013.
- Funds reported $10.9B of TripAdvisor stock for Q1 2014, up 6.1% quarter-over-quarter.
- 58 funds opened new TripAdvisor positions in Q1 2014 and 38 closed out, a net change of +20 holders.
- The largest TripAdvisor buyer in Q1 2014 was Winslow Capital Management, an estimated $113M added.
- The largest TripAdvisor seller in Q1 2014 was T. Rowe Price Associates, an estimated $341M sold.
Based on aggregated 13F filings for Q1 2014.