TripAdvisor
TRIP
351 hedge funds and large institutions have $4.28B invested in TripAdvisor in 2017 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 138 increasing their positions, 93 reducing their positions, and 61 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 93
11% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 61
1% more funds holding
Funds holding: 346 → 351 (+5)
0.14% more ownership
Funds ownership: 98.33% → 98.47% (+0.14%)
15% less capital invested
Capital invested by funds: $5.02B → $4.28B (-$740M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
40% less call options, than puts
Call options by funds: $184M | Put options by funds: $305M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Capital Management (New York)
New York
|
+$398M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$97M |
| 3 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
+$64.3M |
| 4 |
Morgan Stanley
New York
|
+$63M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$53.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$241M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$225M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$170M |
| 4 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$149M |
| 5 |
Bank of New York Mellon
New York
|
-$90M |
TRIP Hedge Fund Activity: Q4 2017 in Review
351 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2017, worth a combined $4.28B — down 15% from $5.02B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new TRIP positions and 61 closed out — a net gain of 7 holders — while 138 added to existing stakes and 93 trimmed.
The largest buyer was Eagle Capital Management (New York), opening a new position worth an estimated $398M. The largest seller was Carmignac Gestion, cutting an estimated $241M.
- 351 institutional investors held TripAdvisor (TRIP) as of Q4 2017, up from 346 in Q3 2017.
- Funds reported $4.28B of TripAdvisor stock for Q4 2017, down 15% quarter-over-quarter.
- 68 funds opened new TripAdvisor positions in Q4 2017 and 61 closed out, a net change of +7 holders.
- The largest TripAdvisor buyer in Q4 2017 was Eagle Capital Management (New York), an estimated $398M added.
- The largest TripAdvisor seller in Q4 2017 was Carmignac Gestion, an estimated $241M sold.
Based on aggregated 13F filings for Q4 2017.