TripAdvisor
TRIP
376 hedge funds and large institutions have $10.3B invested in TripAdvisor in 2013 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 132 increasing their positions, 131 reducing their positions, and 34 closing their positions.
109% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 34
43% more call options, than puts
Call options by funds: $197M | Put options by funds: $138M
11% more capital invested
Capital invested by funds: $9.25B → $10.3B (+$1B)
10% more funds holding
Funds holding: 341 → 376 (+35)
1% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 131
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$303M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$176M |
| 3 |
Alkeon Capital Management
New York
|
+$101M |
| 4 |
Tiger Global Management
New York
|
+$98.9M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$61.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$308M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$148M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$87.7M |
| 4 |
1WCM
12 West Capital Management
New York
|
-$87M |
| 5 |
D.E. Shaw & Co
New York
|
-$50.9M |
TRIP Hedge Fund Activity: Q4 2013 in Review
376 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2013, worth a combined $10.3B — up 11% from $9.25B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new TRIP positions and 34 closed out — a net gain of 37 holders — while 132 added to existing stakes and 131 trimmed.
The largest buyer was Jennison Associates, opening a new position worth an estimated $303M. The largest seller was T. Rowe Price Associates, cutting an estimated $308M.
- 376 institutional investors held TripAdvisor (TRIP) as of Q4 2013, up from 341 in Q3 2013.
- Funds reported $10.3B of TripAdvisor stock for Q4 2013, up 11% quarter-over-quarter.
- 71 funds opened new TripAdvisor positions in Q4 2013 and 34 closed out, a net change of +37 holders.
- The largest TripAdvisor buyer in Q4 2013 was Jennison Associates, an estimated $303M added.
- The largest TripAdvisor seller in Q4 2013 was T. Rowe Price Associates, an estimated $308M sold.
Based on aggregated 13F filings for Q4 2013.