TripAdvisor
TRIP
341 hedge funds and large institutions have $9.37B 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.
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
8% more funds holding
Funds holding: 316 → 341 (+25)
3% more capital inflows, than outflows
Capital inflows: $1.07B | Capital outflows: $1.04B
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
0.33% less ownership
Funds ownership: 93.28% → 92.95% (-0.33%)
1% less call options, than puts
Call options by funds: $133M | Put options by funds: $134M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OppenheimerFunds
New York
|
+$158M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$150M |
| 3 |
Janus Henderson Investors US
Denver,
Colorado
|
+$103M |
| 4 |
Scout Investments
Kansas City,
Missouri
|
+$76.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lone Pine Capital
Greenwich,
Connecticut
|
-$121M |
| 2 |
Morgan Stanley
New York
|
-$105M |
| 3 |
PAR Capital Management
Boston,
Massachusetts
|
-$62M |
| 4 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$60.1M |
| 5 |
Lloyds Banking Group
London,
United Kingdom
|
-$56.6M |
TRIP Hedge Fund Activity: Q3 2013 in Review
341 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2013, worth a combined $9.37B — up 24% 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 OppenheimerFunds, opening a new position worth an estimated $158M. 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 $9.37B of TripAdvisor stock for Q3 2013, up 24% 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 OppenheimerFunds, an estimated $158M added.
- The largest TripAdvisor seller in Q3 2013 was Lone Pine Capital, an estimated $121M sold.
Based on aggregated 13F filings for Q3 2013.