TripAdvisor
TRIP
381 hedge funds and large institutions have $5.61B invested in TripAdvisor in 2016 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 127 increasing their positions, 131 reducing their positions, and 68 closing their positions.
90.95% more ownership
Funds ownership: 0% → 90.95% (+91%)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
1% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 68
3% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 131
2% less funds holding
Funds holding: 387 → 381 (-6)
15% less call options, than puts
Call options by funds: $101M | Put options by funds: $119M
31% less capital invested
Capital invested by funds: $8.14B → $5.61B (-$2.54B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$214M |
| 2 |
EC
Eminence Capital
New York
|
+$82.2M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$55M |
| 4 |
JP Morgan Chase
New York
|
+$49.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$290M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$118M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$113M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$98.8M |
| 5 |
Morgan Stanley
New York
|
-$71.8M |
TRIP Hedge Fund Activity: Q4 2016 in Review
381 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2016, worth a combined $5.61B — down 31% from $8.14B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new TRIP positions and 68 closed out — a net gain of 1 holder — while 127 added to existing stakes and 131 trimmed.
The largest buyer was Carmignac Gestion, adding an estimated $214M. The largest seller was Wellington Management Group, cutting an estimated $290M.
- 381 institutional investors held TripAdvisor (TRIP) as of Q4 2016, down from 387 in Q3 2016.
- Funds reported $5.61B of TripAdvisor stock for Q4 2016, down 31% quarter-over-quarter.
- 69 funds opened new TripAdvisor positions in Q4 2016 and 68 closed out, a net change of +1 holder.
- The largest TripAdvisor buyer in Q4 2016 was Carmignac Gestion, an estimated $214M added.
- The largest TripAdvisor seller in Q4 2016 was Wellington Management Group, an estimated $290M sold.
Based on aggregated 13F filings for Q4 2016.