TripAdvisor
TRIP
392 hedge funds and large institutions have $10.9B invested in TripAdvisor in 2014 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 150 increasing their positions, 138 reducing their positions, and 38 closing their positions.
53% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 38
6% more capital invested
Capital invested by funds: $10.3B → $10.9B (+$618M)
4% more funds holding
Funds holding: 377 → 392 (+15)
9% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 138
6% less call options, than puts
Call options by funds: $171M | Put options by funds: $181M
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$113M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
+$86.8M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$85.1M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$75.4M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$66.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$341M |
| 2 |
Coatue Management
New York
|
-$301M |
| 3 |
Tiger Global Management
New York
|
-$123M |
| 4 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$116M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.3M |
TRIP Hedge Fund Activity: Q1 2014 in Review
392 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2014, worth a combined $10.9B — up 6% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TRIP positions and 38 closed out — a net gain of 20 holders — while 150 added to existing stakes and 138 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $113M. The largest seller was T. Rowe Price Associates, cutting an estimated $341M.
- 392 institutional investors held TripAdvisor (TRIP) as of Q1 2014, up from 377 in Q4 2013.
- Funds reported $10.9B of TripAdvisor stock for Q1 2014, up 6% quarter-over-quarter.
- 58 funds opened new TripAdvisor positions in Q1 2014 and 38 closed out, a net change of +20 holders.
- The largest TripAdvisor buyer in Q1 2014 was Winslow Capital Management, an estimated $113M added.
- The largest TripAdvisor seller in Q1 2014 was T. Rowe Price Associates, an estimated $341M sold.
Based on aggregated 13F filings for Q1 2014.