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TripAdvisor

375 hedge funds and large institutions have $5.6B invested in TripAdvisor in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 123 increasing their positions, 139 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.15% less ownership

Funds ownership: 97.11%95.96% (-1.2%)

7% less funds holding

Funds holding: 404375 (-29)

11% less capital invested

Capital invested by funds: $6.27B → $5.6B (-$661M)

12% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 139

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

28% less call options, than puts

Call options by funds: $91.7M | Put options by funds: $128M

31% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 72

Holders
375
Holders Change
-29
Holders Change %
-7.18%
% of All Funds
8.15%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.13%
New
50
Increased
123
Reduced
139
Closed
72
Calls
$91.7M
Puts
$128M
Net Calls
-$36.5M
Net Calls Change
+$13.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
101
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.38M -$646K -13,254 -12%
Assenagon Asset Management
102
Assenagon Asset Management
Luxembourg
$4.37M +$3.53M +72,411 +331%
Ameriprise
103
Ameriprise
Minnesota
$4.35M -$240K -4,931 -5%
HSBC Holdings
104
HSBC Holdings
United Kingdom
$4.34M +$1.1M +22,646 +32%
PI
105
PineBridge Investments
New York
$4.31M +$2.93M +60,103 +182%
TRSOTSOK
106
Teachers Retirement System of the State of Kentucky
Kentucky
$4.06M +$182K +3,736 +4%
SCM
107
Stevens Capital Management
Pennsylvania
$3.99M +$3.06M +62,679 +267%
Chevy Chase Trust
108
Chevy Chase Trust
Maryland
$3.9M +$32.6K +669 +0.8%
Mitsubishi UFJ Trust & Banking
109
Mitsubishi UFJ Trust & Banking
Japan
$3.88M +$116K +2,386 +3%
CA
110
Commerzbank Aktiengesellschaft
Germany
$3.86M -$78.1K -1,603 -2%
Baird Financial Group
111
Baird Financial Group
Wisconsin
$3.73M +$308K +6,329 +9%
Millennium Management
112
Millennium Management
New York
$3.65M +$3.84M +78,885 New
Federated Hermes
113
Federated Hermes
Pennsylvania
$3.57M +$3.54M +72,682 +1,642%
Ohio Public Employees Retirement System (OPERS)
114
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.52M +$110K +2,249 +3%
AAMU
115
Amundi Asset Management US
Massachusetts
$3.48M -$25.7K -527 -0.7%
Toronto Dominion Bank
116
Toronto Dominion Bank
Ontario, Canada
$3.42M +$3.31M +67,818 +85%
Zurich Cantonal Bank
117
Zurich Cantonal Bank
Switzerland
$3.35M +$415K +8,514 +13%
PA
118
Profund Advisors
Maryland
$3.2M +$230K +4,723 +7%
BNP Paribas Financial Markets
119
BNP Paribas Financial Markets
France
$3.15M -$833K -17,099 -20%
Janus Henderson Group
120
Janus Henderson Group
United Kingdom
$3.01M -$13.7M -280,868 -81%
MCC
121
Malaga Cove Capital
California
$2.94M -$59.7K -1,224 -2%
BNP Paribas Asset Management
122
BNP Paribas Asset Management
France
$2.83M -$3.44M -70,484 -54%
GTP
123
Global Thematic Partners
New York
$2.78M -$771K -15,824 -21%
DTL
124
Dynamic Technology Lab
Singapore
$2.76M +$2.9M +59,528 New
VOYA Investment Management
125
VOYA Investment Management
Georgia
$2.66M +$63.4K +1,300 +2%

TRIP Hedge Fund Activity: Q2 2019 in Review

375 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2019, worth a combined $5.6B — down 11% from $6.27B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of TRIP and 50 opened new positions — a net loss of 22 holders — while 139 trimmed existing stakes and 123 added.

The largest buyer was AQR Capital Management, adding an estimated $74.4M. The largest seller was Fidelity Investments, cutting an estimated $70.2M.

  • 375 institutional investors held TripAdvisor (TRIP) as of Q2 2019, down from 404 in Q1 2019.
  • Funds reported $5.6B of TripAdvisor stock for Q2 2019, down 11% quarter-over-quarter.
  • 50 funds opened new TripAdvisor positions in Q2 2019 and 72 closed out, a net change of -22 holders.
  • The largest TripAdvisor buyer in Q2 2019 was AQR Capital Management, an estimated $74.4M added.
  • The largest TripAdvisor seller in Q2 2019 was Fidelity Investments, an estimated $70.2M sold.

Based on aggregated 13F filings for Q2 2019.