TripAdvisor
TRIP
396 hedge funds and large institutions have $6.79B invested in TripAdvisor in 2018 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 122 increasing their positions, 131 reducing their positions, and 37 closing their positions.
122% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 37
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
30% more capital invested
Capital invested by funds: $5.24B → $6.79B (+$1.55B)
12% more funds holding
Funds holding: 353 → 396 (+43)
7% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 131
3.82% less ownership
Funds ownership: 101.64% → 97.82% (-3.8%)
27% less call options, than puts
Call options by funds: $197M | Put options by funds: $270M
Top Buyers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$129M |
| 2 |
Select Equity Group
New York
|
+$47.5M |
| 3 |
D.E. Shaw & Co
New York
|
+$43M |
| 4 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$25.9M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$24.9M |
Top Sellers
| 1 |
BlackRock
New York
|
-$166M |
| 2 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$58M |
| 3 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$47.5M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$47.1M |
| 5 |
Morgan Stanley
New York
|
-$43.7M |
TRIP Hedge Fund Activity: Q2 2018 in Review
396 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2018, worth a combined $6.79B — up 30% from $5.24B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new TRIP positions and 37 closed out — a net gain of 45 holders — while 122 added to existing stakes and 131 trimmed.
The largest buyer was Fidelity International, adding an estimated $129M. The largest seller was BlackRock, cutting an estimated $166M.
- 396 institutional investors held TripAdvisor (TRIP) as of Q2 2018, up from 353 in Q1 2018.
- Funds reported $6.79B of TripAdvisor stock for Q2 2018, up 30% quarter-over-quarter.
- 82 funds opened new TripAdvisor positions in Q2 2018 and 37 closed out, a net change of +45 holders.
- The largest TripAdvisor buyer in Q2 2018 was Fidelity International, an estimated $129M added.
- The largest TripAdvisor seller in Q2 2018 was BlackRock, an estimated $166M sold.
Based on aggregated 13F filings for Q2 2018.