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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
RFC
126
Russell Frank Company
Washington
$10.3M -$14.7M -159,848 -60%
TD Asset Management
127
TD Asset Management
Ontario, Canada
$10.1M +$248K +2,700 +3%
BLM
128
Bennett Lawrence Management
New York
$10.1M -$755K -8,210 -8%
USAA
129
United Services Automobile Association
Texas
$9.91M +$1.98M +21,561 +31%
VOYA Investment Management
130
VOYA Investment Management
Georgia
$9.86M +$13.3K +145 +0.2%
NFA
131
Nationwide Fund Advisors
Ohio
$9.82M +$1.24M +13,533 +18%
3NC
132
300 North Capital
California
$9.76M +$1.95M +21,152 +31%
MCG
133
Meru Capital Group
New York
$9.56M +$4.39M +47,700 +118%
CA
134
Commerzbank Aktiengesellschaft
Germany
$9.39M +$102K +1,104 +1%
IG
135
Ithaka Group
Virginia
$9.25M +$983K +10,683 +14%
VRS
136
Virginia Retirement Systems
Virginia
$9.08M +$6.55M +71,216 +576%
GIP
137
Granite Investment Partners
California
$8.89M -$204K -2,213 -3%
State of Wisconsin Investment Board
138
State of Wisconsin Investment Board
Wisconsin
$8.84M +$117K +1,270 +2%
Chevy Chase Trust
139
Chevy Chase Trust
Maryland
$8.63M +$52.6K +572 +0.7%
State of Tennessee, Department of Treasury
140
State of Tennessee, Department of Treasury
Tennessee
$8.56M -$7.93M -86,235 -52%
DKCM
141
Davidson Kempner Capital Management
New York
$8.15M +$6.9M +75,000 New
TRSOTSOK
142
Teachers Retirement System of the State of Kentucky
Kentucky
$8.14M -$21.6K -235 -0.3%
WG
143
Winton Group
United Kingdom
$8.11M +$6.87M +74,659 New
JHIU
144
Janus Henderson Investors US
Colorado
$7.96M -$101M -1,097,166 -94%
BNP Paribas Financial Markets
145
BNP Paribas Financial Markets
France
$7.82M -$5.23M -56,813 -44%
ACMM
146
Arbor Capital Management (Minnesota)
Minnesota
$7.54M +$1.79M +19,507 +39%
BCIM
147
British Columbia Investment Management
British Columbia, Canada
$7.45M -$1.64M -17,806 -21%
Retirement Systems of Alabama
148
Retirement Systems of Alabama
Alabama
$7.4M +$126K +1,370 +2%
FAM
149
Foxhaven Asset Management
Virginia
$7.4M +$6.26M +68,115 New
PFU
150
Parus Finance (UK)
United Kingdom
$7.38M +$3.48M +37,839 +126%

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.