TripAdvisor
TRIP
346 hedge funds and large institutions have $5.02B invested in TripAdvisor in 2017 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 108 increasing their positions, 131 reducing their positions, and 51 closing their positions.
9% more capital invested
Capital invested by funds: $4.59B → $5.02B (+$428M)
4.76% more ownership
Funds ownership: 93.58% → 98.33% (+4.8%)
1% less call options, than puts
Call options by funds: $121M | Put options by funds: $122M
2% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 51
1% less funds holding
Funds holding: 351 → 346 (-5)
18% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 131
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$144M |
| 2 |
SPC
Slate Path Capital
New York
|
+$83.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$57.1M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$55.5M |
| 5 |
BlackRock
New York
|
+$41.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$100M |
| 2 |
IC
Immersion Capital
London,
United Kingdom
|
-$53.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$27.7M |
| 4 |
Goldman Sachs
New York
|
-$24.9M |
| 5 |
TP
Thunderbird Partners
London,
United Kingdom
|
-$23.1M |
TRIP Hedge Fund Activity: Q3 2017 in Review
346 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2017, worth a combined $5.02B — up 9.3% from $4.59B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of TRIP and 50 opened new positions — a net loss of 1 holder — while 131 trimmed existing stakes and 108 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $144M. The largest seller was Eminence Capital, exiting entirely with an estimated $100M sold.
- 346 institutional investors held TripAdvisor (TRIP) as of Q3 2017, down from 351 in Q2 2017.
- Funds reported $5.02B of TripAdvisor stock for Q3 2017, up 9.3% quarter-over-quarter.
- 50 funds opened new TripAdvisor positions in Q3 2017 and 51 closed out, a net change of -1 holder.
- The largest TripAdvisor buyer in Q3 2017 was Wellington Management Group, an estimated $144M added.
- The largest TripAdvisor seller in Q3 2017 was Eminence Capital, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2017.