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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
MLICM
151
Metropolitan Life Insurance Company (MetLife)
New York
$7.34M -$275K -2,985 -4%
DCM
152
Driehaus Capital Management
Illinois
$6.45M +$3.17M +34,453 +138%
BT
153
Beacon Trust
New Jersey
$6.44M -$688K -7,481 -11%
CCM
154
Century Capital Management
Massachusetts
$6.24M -$354K -3,849 -6%
Barclays
155
Barclays
United Kingdom
$6.21M -$3.57M -38,788 -40%
HS
156
HighVista Strategies
Massachusetts
$6.2M +$814K +8,852 +18%
Canada Life
157
Canada Life
Manitoba, Canada
$6.19M -$253K -2,748 -5%
TG
158
TCW Group
California
$6.06M +$55.2K +600 +1%
SPM
159
Symmetry Peak Management
Pennsylvania
$5.96M +$5.05M +54,889 New
Royal Bank of Canada
160
Royal Bank of Canada
Ontario, Canada
$5.94M -$2.26M -24,590 -31%
Citadel Advisors
161
Citadel Advisors
Florida
$5.45M +$505K +5,489 +12%
AIG
162
American International Group
New York
$5.32M +$149K +1,617 +3%
Balyasny Asset Management
163
Balyasny Asset Management
Illinois
$5.1M -$3.78M -41,118 -47%
TPSF
164
Texas Permanent School Fund
Texas
$5.04M -$212K -2,300 -5%
Korea Investment Corp
165
Korea Investment Corp
South Korea
$4.99M +$2.1M +22,800 +99%
SOMRS
166
State of Michigan Retirement System
Michigan
$4.96M +$36.8K +400 +0.9%
Allianz Asset Management
167
Allianz Asset Management
Germany
$4.9M -$14.1M -153,124 -77%
ProShare Advisors
168
ProShare Advisors
Maryland
$4.79M -$530K -5,757 -12%
ARTA
169
A.R.T. Advisors
New York
$4.65M -$1.79M -19,460 -31%
Public Sector Pension Investment Board (PSP Investments)
170
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.56M +$122K +1,331 +3%
Aviva
171
Aviva
United Kingdom
$4.5M -$34K -370 -0.9%
BNP Paribas Asset Management
172
BNP Paribas Asset Management
France
$4.37M
TSU
173
TD Securities (USA)
New York
$4.23M +$229K +2,491 +7%
KBC Group
174
KBC Group
Belgium
$4.09M -$3.89M -42,276 -53%
Mitsubishi UFJ Asset Management
175
Mitsubishi UFJ Asset Management
Japan
$4.08M -$244K -2,656 -7%

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.