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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
FQ
101
First Quadrant
California
$18.1M
Principal Financial Group
102
Principal Financial Group
Iowa
$17.2M -$431K -4,688 -3%
MTB
103
Mizuho Trust & Banking
Japan
$16.4M -$336K -3,650 -2%
SRFM
104
Shannon River Fund Management
New York
$16.3M +$13.8M +150,000 New
ACPU
105
Arrowgrass Capital Partners (US)
Delaware
$16.1M +$13.7M +148,424 New
PPA
106
Parametric Portfolio Associates
Washington
$15.4M +$2.21M +24,059 +21%
GA
107
Geneva Advisors
Illinois
$15M -$60.5M -658,259 -83%
APG Asset Management
108
APG Asset Management
Netherlands
$14.8M +$3.89M +42,258 +45%
SG Americas Securities
109
SG Americas Securities
New York
$14.3M -$26.4M -286,566 -69%
WCM Investment Management
110
WCM Investment Management
California
$14.3M +$12.1M +131,472 New
EAM
111
EverPoint Asset Management
Connecticut
$13.7M +$11.6M +126,000 New
SCM
112
Sandler Capital Management
New York
$13.6M +$5.04M +54,800 +78%
ERSOT
113
Employees Retirement System of Texas
Texas
$13.1M +$5.52M +60,000 +98%
BJ
114
BlackRock Japan
Japan
$12.9M -$7.59M -82,519 -41%
LCM
115
Logan Capital Management
Pennsylvania
$12.7M +$9.73M +105,772 +917%
JCM
116
Jag Capital Management
Missouri
$12.7M +$1.85M +20,158 +21%
Swiss National Bank
117
Swiss National Bank
Switzerland
$12.3M +$73.6K +800 +0.7%
TIM
118
Thornburg Investment Management
New Mexico
$12.1M +$10.2M +111,216 New
STC
119
SEI Trust Company
Pennsylvania
$11.9M +$2.74M +29,740 +37%
AQR Capital Management
120
AQR Capital Management
Connecticut
$11.8M -$269K -2,925 -3%
SA
121
Steadfast Advisors
New York
$11.8M +$6.77M +73,619 +213%
JCMLC
122
JAT Capital Management LP (Connecticut)
Connecticut
$11.5M +$9.7M +105,489 New
TI
123
Turner Investments
Pennsylvania
$11.2M -$7.64M -83,083 -45%
FA
124
Friess Associates
Delaware
$11.2M +$9.45M +102,775 New
NCGI
125
Next Century Growth Investors
Minnesota
$10.5M +$3.02M +32,857 +52%

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.