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TripAdvisor

341 hedge funds and large institutions have $9.25B invested in TripAdvisor in 2013 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 137 increasing their positions, 103 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 32

33% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 103

23% more capital invested

Capital invested by funds: $7.55B → $9.25B (+$1.7B)

8% more funds holding

Funds holding: 316341 (+25)

0% more funds holding in top 10

Funds holding in top 10: 1414 (0)

1% less call options, than puts

Call options by funds: $133M | Put options by funds: $134M

Holders
341
Holders Change
+25
Holders Change %
+7.91%
% of All Funds
11.06%
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.45%
New
58
Increased
137
Reduced
103
Closed
32
Calls
$133M
Puts
$134M
Net Calls
-$980K
Net Calls Change
-$22.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.21B +$150M +2,121,164 +15%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$766M +$28.8M +405,915 +4%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$685M -$47.2M -666,841 -7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$554M -$4.79M -67,659 -0.9%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$459M +$35.4M +499,467 +9%
State Street
6
State Street
Massachusetts
$342M +$4.28M +60,370 +1%
Coatue Management
7
Coatue Management
New York
$284M +$30.7M +432,886 +13%
BIT
8
BlackRock Institutional Trust
California
$219M -$926K -13,067 -0.5%
GGHC
9
Gilder Gagnon Howe & Co
New York
$203M -$2.01M -28,432 -1%
PCM
10
Pennant Capital Management
New Jersey
$196M -$60.1M -847,644 -25%
PCM
11
PAR Capital Management
Massachusetts
$176M -$62M -875,000 -27%
JHIU
12
Janus Henderson Investors US
Colorado
$129M +$103M +1,452,766 +601%
Morgan Stanley
13
Morgan Stanley
New York
$127M -$105M -1,481,389 -47%
Mitsubishi UFJ Trust & Banking
14
Mitsubishi UFJ Trust & Banking
Japan
$119M -$3.13M -44,164 -3%
Artisan Partners
15
Artisan Partners
Wisconsin
$118M +$17.7M +249,797 +19%
SI
16
Scout Investments
Missouri
$114M +$76.4M +1,078,929 +258%
Northern Trust
17
Northern Trust
Illinois
$109M -$828K -11,680 -0.8%
CWAM
18
Columbia Wanger Asset Management
Illinois
$100M
BFA
19
BlackRock Fund Advisors
California
$97.6M +$3.07M +43,395 +3%
OTPPB
20
Ontario Teachers' Pension Plan Board
Ontario, Canada
$96.4M +$22.5K +317 +0%
JP Morgan Chase
21
JP Morgan Chase
New York
$93.7M -$52.2M -737,205 -37%
Bank of America
22
Bank of America
North Carolina
$91.1M +$15.7M +222,241 +23%
TCM
23
Tybourne Capital Management
Hong Kong
$88.8M +$23.5M +331,448 +40%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$87.1M +$3.96M +55,923 +5%
1WCM
25
12 West Capital Management
New York
$87M +$10.4M +146,688 +15%

TRIP Hedge Fund Activity: Q3 2013 in Review

341 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2013, worth a combined $9.25B — up 23% from $7.55B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new TRIP positions and 32 closed out — a net gain of 26 holders — while 137 added to existing stakes and 103 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $150M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $121M sold.

  • 341 institutional investors held TripAdvisor (TRIP) as of Q3 2013, up from 316 in Q2 2013.
  • Funds reported $9.25B of TripAdvisor stock for Q3 2013, up 23% quarter-over-quarter.
  • 58 funds opened new TripAdvisor positions in Q3 2013 and 32 closed out, a net change of +26 holders.
  • The largest TripAdvisor buyer in Q3 2013 was Fidelity Investments, an estimated $150M added.
  • The largest TripAdvisor seller in Q3 2013 was Lone Pine Capital, an estimated $121M sold.

Based on aggregated 13F filings for Q3 2013.