TripAdvisor
TRIP
354 hedge funds and large institutions have $5.24B invested in TripAdvisor in 2018 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 113 increasing their positions, 125 reducing their positions, and 50 closing their positions.
40% more call options, than puts
Call options by funds: $164M | Put options by funds: $117M
31% more capital inflows, than outflows
Capital inflows: $752M | Capital outflows: $572M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 50
3.17% more ownership
Funds ownership: 98.47% → 101.64% (+3.2%)
1% more funds holding
Funds holding: 351 → 354 (+3)
10% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$166M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$112M |
| 3 |
D.E. Shaw & Co
New York
|
+$37.8M |
| 4 |
Eagle Asset Management
St Petersburg,
Florida
|
+$26.2M |
| 5 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$169M |
| 2 |
Bank of New York Mellon
New York
|
-$42.2M |
| 3 |
Davenport & Co
Richmond,
Virginia
|
-$28.1M |
| 4 |
GTP
Global Thematic Partners
New York
|
-$26.9M |
| 5 |
CU
CDAM (UK)
London,
United Kingdom
|
-$23.4M |
TRIP Hedge Fund Activity: Q1 2018 in Review
354 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2018, worth a combined $5.24B — up 23% from $4.28B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TRIP positions and 50 closed out — a net gain of 5 holders — while 113 added to existing stakes and 125 trimmed.
The largest buyer was Bares Capital Management, opening a new position worth an estimated $166M. The largest seller was T. Rowe Price Associates, cutting an estimated $169M.
- 354 institutional investors held TripAdvisor (TRIP) as of Q1 2018, up from 351 in Q4 2017.
- Funds reported $5.24B of TripAdvisor stock for Q1 2018, up 23% quarter-over-quarter.
- 55 funds opened new TripAdvisor positions in Q1 2018 and 50 closed out, a net change of +5 holders.
- The largest TripAdvisor buyer in Q1 2018 was Bares Capital Management, an estimated $166M added.
- The largest TripAdvisor seller in Q1 2018 was T. Rowe Price Associates, an estimated $169M sold.
Based on aggregated 13F filings for Q1 2018.