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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
DC
176
Davenport & Co
Virginia
$1M +$95K +1,950 +10%
DILIC
177
Dai-ichi Life Insurance Company
Japan
$1M
Nomura Asset Management
178
Nomura Asset Management
Japan
$989K +$5.46K +112 +0.5%
Wealth Enhancement Advisory Services
179
Wealth Enhancement Advisory Services
Minnesota
$986K +$1.06M +21,749 New
LPL Financial
180
LPL Financial
California
$958K +$523K +10,730 +108%
MLICM
181
Metropolitan Life Insurance Company (MetLife)
New York
$954K +$51K +1,047 +5%
AWP
182
Ascent Wealth Partners
New York
$953K +$62.7K +1,286 +7%
FCM
183
Flinton Capital Management
Pennsylvania
$950K +$191K +3,920 +24%
BOH
184
Bank of Hawaii
Hawaii
$947K
HI
185
Horizon Investments
North Carolina
$941K +$529K +10,856 +115%
WBC
186
Westpac Banking Corp
Australia
$936K +$291K +5,968 +42%
TPSF
187
Texas Permanent School Fund
Texas
$924K -$1.61K -33 -0.2%
Comerica Bank
188
Comerica Bank
Texas
$920K +$35.5K +729 +4%
URS
189
Utah Retirement Systems
Utah
$918K +$13.2K +271 +1%
ASRS
190
Arizona State Retirement System
Arizona
$911K -$2.39K -49 -0.2%
GKFF
191
George Kaiser Family Foundation
Oklahoma
$881K +$182K +3,725 +24%
CIA
192
CSat Investment Advisory
Michigan
$860K +$854K +17,516 +1,617%
Parallax Volatility Advisers
193
Parallax Volatility Advisers
California
$848K +$893K +18,330 New
Bank of Nova Scotia
194
Bank of Nova Scotia
Ontario, Canada
$843K +$72.2K +1,482 +9%
Mitsubishi UFJ Asset Management
195
Mitsubishi UFJ Asset Management
Japan
$829K +$142K +2,922 +20%
YIA
196
YHB Investment Advisors
Connecticut
$820K -$338K -6,935 -28%
AA
197
ALPS Advisors
Colorado
$812K +$59.1K +1,212 +7%
Jane Street
198
Jane Street
New York
$807K -$2.88M -58,987 -77%
First Manhattan
199
First Manhattan
New York
$801K -$199K -4,080 -19%
BBHC
200
Brown Brothers Harriman & Co
New York
$780K -$289K -5,925 -26%

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.