TripAdvisor
TRIP
391 hedge funds and large institutions have $6.3B invested in TripAdvisor in 2018 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 118 increasing their positions, 145 reducing their positions, and 53 closing their positions.
0.98% more ownership
Funds ownership: 97.81% → 98.79% (+0.98%)
2% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 53
2% less funds holding
Funds holding: 397 → 391 (-6)
7% less capital invested
Capital invested by funds: $6.79B → $6.3B (-$497M)
15% less call options, than puts
Call options by funds: $144M | Put options by funds: $170M
19% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 145
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$112M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$90.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$88.8M |
| 4 |
Renaissance Technologies
New York
|
+$55.9M |
| 5 |
BCM
Bares Capital Management
Austin,
Texas
|
+$38.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$75.8M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$74.2M |
| 3 |
Select Equity Group
New York
|
-$55.4M |
| 4 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$45.8M |
| 5 |
Eagle Capital Management (New York)
New York
|
-$37M |
TRIP Hedge Fund Activity: Q3 2018 in Review
391 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2018, worth a combined $6.3B — down 7.3% from $6.79B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of TRIP and 52 opened new positions — a net loss of 1 holder — while 145 trimmed existing stakes and 118 added.
The largest buyer was Jupiter Investment Management, adding an estimated $112M. The largest seller was Hillhouse Investment Management, exiting entirely with an estimated $75.8M sold.
- 391 institutional investors held TripAdvisor (TRIP) as of Q3 2018, down from 397 in Q2 2018.
- Funds reported $6.3B of TripAdvisor stock for Q3 2018, down 7.3% quarter-over-quarter.
- 52 funds opened new TripAdvisor positions in Q3 2018 and 53 closed out, a net change of -1 holder.
- The largest TripAdvisor buyer in Q3 2018 was Jupiter Investment Management, an estimated $112M added.
- The largest TripAdvisor seller in Q3 2018 was Hillhouse Investment Management, an estimated $75.8M sold.
Based on aggregated 13F filings for Q3 2018.