TripAdvisor
TRIP
423 hedge funds and large institutions have $9.11B invested in TripAdvisor in 2014 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 129 increasing their positions, 157 reducing their positions, and 76 closing their positions.
8% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 76
0% more funds holding
Funds holding: 421 → 423 (+2)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
18% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 157
18% less capital invested
Capital invested by funds: $11.1B → $9.11B (-$2.02B)
25% less call options, than puts
Call options by funds: $158M | Put options by funds: $210M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$274M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$111M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$87.3M |
| 4 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$85.3M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$64.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$253M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$179M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$165M |
| 4 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
-$97.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$82.3M |
TRIP Hedge Fund Activity: Q4 2014 in Review
423 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2014, worth a combined $9.11B — down 18% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new TRIP positions and 76 closed out — a net gain of 6 holders — while 129 added to existing stakes and 157 trimmed.
The largest buyer was Brown Advisory, opening a new position worth an estimated $274M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $253M sold.
- 423 institutional investors held TripAdvisor (TRIP) as of Q4 2014, up from 421 in Q3 2014.
- Funds reported $9.11B of TripAdvisor stock for Q4 2014, down 18% quarter-over-quarter.
- 82 funds opened new TripAdvisor positions in Q4 2014 and 76 closed out, a net change of +6 holders.
- The largest TripAdvisor buyer in Q4 2014 was Brown Advisory, an estimated $274M added.
- The largest TripAdvisor seller in Q4 2014 was Lone Pine Capital, an estimated $253M sold.
Based on aggregated 13F filings for Q4 2014.