TripAdvisor
TRIP
404 hedge funds and large institutions have $11.2B invested in TripAdvisor in 2015 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 141 increasing their positions, 139 reducing their positions, and 49 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 4 → 10 (+6)
42% more capital invested
Capital invested by funds: $7.84B → $11.2B (+$3.31B)
41% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 49
4% more funds holding
Funds holding: 388 → 404 (+16)
3% more call options, than puts
Call options by funds: $155M | Put options by funds: $150M
1% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$144M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$143M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$94.8M |
| 4 |
SPC
Slate Path Capital
New York
|
+$80.9M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$76.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$91.9M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$91.5M |
| 3 |
Morgan Stanley
New York
|
-$67.1M |
| 4 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$43.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35.6M |
TRIP Hedge Fund Activity: Q4 2015 in Review
404 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2015, worth a combined $11.2B — up 42% from $7.84B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new TRIP positions and 49 closed out — a net gain of 20 holders — while 141 added to existing stakes and 139 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $144M. The largest seller was Viking Global Investors, exiting entirely with an estimated $91.9M sold.
- 404 institutional investors held TripAdvisor (TRIP) as of Q4 2015, up from 388 in Q3 2015.
- Funds reported $11.2B of TripAdvisor stock for Q4 2015, up 42% quarter-over-quarter.
- 69 funds opened new TripAdvisor positions in Q4 2015 and 49 closed out, a net change of +20 holders.
- The largest TripAdvisor buyer in Q4 2015 was Fidelity Investments, an estimated $144M added.
- The largest TripAdvisor seller in Q4 2015 was Viking Global Investors, an estimated $91.9M sold.
Based on aggregated 13F filings for Q4 2015.