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TripAdvisor

363 hedge funds and large institutions have $5.44B invested in TripAdvisor in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 150 increasing their positions, 106 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 106

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

5% more ownership

Funds ownership: 90.93%95.93% (+5%)

3% less capital invested

Capital invested by funds: $5.6B → $5.44B (-$163M)

5% less funds holding

Funds holding: 381363 (-18)

16% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 58

48% less call options, than puts

Call options by funds: $88.4M | Put options by funds: $170M

Holders
363
Holders Change
-18
Holders Change %
-4.72%
% of All Funds
9.04%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.22%
New
49
Increased
150
Reduced
106
Closed
58
Calls
$88.4M
Puts
$170M
Net Calls
-$81.6M
Net Calls Change
-$63.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
151
Prelude Capital Management
New York
$1.48M +$1.63M +34,290 New
ZIG
152
Zurich Insurance Group
Switzerland
$1.46M -$306K -6,453 -16%
FPA
153
First Pacific Advisors
California
$1.43M +$1.57M +33,100 New
TPSF
154
Texas Permanent School Fund
Texas
$1.42M -$58.8K -1,241 -4%
US Bancorp
155
US Bancorp
Minnesota
$1.42M +$80.4K +1,696 +5%
Stifel Financial
156
Stifel Financial
Missouri
$1.41M +$252K +5,315 +20%
NFA
157
Nationwide Fund Advisors
Ohio
$1.37M
State of Tennessee, Department of Treasury
158
State of Tennessee, Department of Treasury
Tennessee
$1.33M -$1.15M -24,252 -44%
Toronto Dominion Bank
159
Toronto Dominion Bank
Ontario, Canada
$1.32M +$512K +10,791 +55%
FA
160
FDx Advisors
Illinois
$1.3M -$24.6K -518 -2%
GH
161
GAM Holding
Switzerland
$1.28M
LCM
162
Logan Capital Management
Pennsylvania
$1.27M +$111K +2,336 +9%
Group One Trading
163
Group One Trading
Illinois
$1.25M +$1.32M +27,742 +2,436%
TI
164
Trexquant Investment
Connecticut
$1.23M +$1.35M +28,400 New
LMIM
165
Lockheed Martin Investment Management
Maryland
$1.21M +$237K +5,000 +22%
ASRS
166
Arizona State Retirement System
Arizona
$1.21M -$14.2K -300 -1%
Rafferty Asset Management
167
Rafferty Asset Management
New York
$1.15M +$252K +5,318 +25%
ONB
168
Old National Bancorp
Indiana
$1.12M +$48.7K +1,027 +4%
FAF
169
Fjarde Ap-fonden
Sweden
$1.11M -$52.7K -1,111 -4%
HIMCH
170
Hartford Investment Management Co (HIMCO)
Connecticut
$1.1M -$110K -2,322 -8%
Public Sector Pension Investment Board (PSP Investments)
171
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.08M
EIM
172
ExxonMobil Investment Management
Texas
$1.08M -$65.3K -1,378 -5%
QAM
173
Quantres Asset Management
Cayman Islands
$1.07M +$204K +4,300 +21%
OAMG
174
Odey Asset Management Group
United Kingdom
$1.06M +$616K +13,000 +113%
Zurich Cantonal Bank
175
Zurich Cantonal Bank
Switzerland
$1.05M

TRIP Hedge Fund Activity: Q1 2017 in Review

363 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2017, worth a combined $5.44B — down 2.9% from $5.6B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of TRIP and 49 opened new positions — a net loss of 9 holders — while 106 trimmed existing stakes and 150 added.

The largest buyer was BlackRock, adding an estimated $323M. The largest seller was Highfields Capital Management, exiting entirely with an estimated $119M sold.

  • 363 institutional investors held TripAdvisor (TRIP) as of Q1 2017, down from 381 in Q4 2016.
  • Funds reported $5.44B of TripAdvisor stock for Q1 2017, down 2.9% quarter-over-quarter.
  • 49 funds opened new TripAdvisor positions in Q1 2017 and 58 closed out, a net change of -9 holders.
  • The largest TripAdvisor buyer in Q1 2017 was BlackRock, an estimated $323M added.
  • The largest TripAdvisor seller in Q1 2017 was Highfields Capital Management, an estimated $119M sold.

Based on aggregated 13F filings for Q1 2017.