TripAdvisor
TRIP
394 hedge funds and large institutions have $8.39B invested in TripAdvisor in 2016 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 170 increasing their positions, 106 reducing their positions, and 49 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 106
28% more call options, than puts
Call options by funds: $171M | Put options by funds: $133M
0% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 49
0% less capital invested
Capital invested by funds: $8.42B → $8.39B (-$32.7M)
2% less funds holding
Funds holding: 401 → 394 (-7)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$137M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$63.7M |
| 3 |
VCM
Valiant Capital Management
San Francisco,
California
|
+$60.1M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$45M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$101M |
| 2 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$49.6M |
| 3 |
D.E. Shaw & Co
New York
|
-$26.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$25.5M |
| 5 |
Goldman Sachs
New York
|
-$24.1M |
TRIP Hedge Fund Activity: Q2 2016 in Review
394 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2016, worth a combined $8.39B — down 0.39% from $8.42B a quarter earlier.
Fund positioning in TRIP was balanced in Q2 2016: 49 funds opened new positions, 49 closed out, 170 added to existing stakes and 106 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $137M. The largest seller was Highfields Capital Management, cutting an estimated $101M.
- 394 institutional investors held TripAdvisor (TRIP) as of Q2 2016, down from 401 in Q1 2016.
- Funds reported $8.39B of TripAdvisor stock for Q2 2016, down 0.39% quarter-over-quarter.
- 49 funds opened new TripAdvisor positions in Q2 2016 and 49 closed out, a net change of 0 holders.
- The largest TripAdvisor buyer in Q2 2016 was Baillie Gifford & Co, an estimated $137M added.
- The largest TripAdvisor seller in Q2 2016 was Highfields Capital Management, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2016.