TripAdvisor
TRIP
351 hedge funds and large institutions have $4.59B invested in TripAdvisor in 2017 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 119 increasing their positions, 134 reducing their positions, and 53 closing their positions.
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
2.35% less ownership
Funds ownership: 95.93% → 93.58% (-2.4%)
4% less funds holding
Funds holding: 364 → 351 (-13)
11% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 134
16% less capital invested
Capital invested by funds: $5.44B → $4.59B (-$850M)
17% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 53
23% less call options, than puts
Call options by funds: $116M | Put options by funds: $150M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
+$130M |
| 2 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$88.2M |
| 3 |
BlackRock
New York
|
+$70.9M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$41.2M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$244M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$85.3M |
| 3 |
D.E. Shaw & Co
New York
|
-$42.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$38.4M |
| 5 |
Two Sigma Advisers
New York
|
-$38.3M |
TRIP Hedge Fund Activity: Q2 2017 in Review
351 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2017, worth a combined $4.59B — down 16% from $5.44B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of TRIP and 44 opened new positions — a net loss of 9 holders — while 134 trimmed existing stakes and 119 added.
The largest buyer was SRS Investment Management, adding an estimated $130M. The largest seller was Baillie Gifford & Co, cutting an estimated $244M.
- 351 institutional investors held TripAdvisor (TRIP) as of Q2 2017, down from 364 in Q1 2017.
- Funds reported $4.59B of TripAdvisor stock for Q2 2017, down 16% quarter-over-quarter.
- 44 funds opened new TripAdvisor positions in Q2 2017 and 53 closed out, a net change of -9 holders.
- The largest TripAdvisor buyer in Q2 2017 was SRS Investment Management, an estimated $130M added.
- The largest TripAdvisor seller in Q2 2017 was Baillie Gifford & Co, an estimated $244M sold.
Based on aggregated 13F filings for Q2 2017.