TripAdvisor
TRIP
437 hedge funds and large institutions have $6.58B invested in TripAdvisor in 2018 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 135 increasing their positions, 140 reducing their positions, and 53 closing their positions.
94% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 53
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
18% more call options, than puts
Call options by funds: $249M | Put options by funds: $212M
12% more funds holding
Funds holding: 391 → 437 (+46)
4% more capital invested
Capital invested by funds: $6.3B → $6.58B (+$280M)
4% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 140
1.21% less ownership
Funds ownership: 98.79% → 97.58% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$85M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$68.9M |
| 3 |
Millennium Management
New York
|
+$67.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$61.6M |
| 5 |
Renaissance Technologies
New York
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
-$146M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$99.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$60.8M |
| 4 |
Eagle Capital Management (New York)
New York
|
-$57.4M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$52.2M |
TRIP Hedge Fund Activity: Q4 2018 in Review
437 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2018, worth a combined $6.58B — up 4.4% from $6.3B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new TRIP positions and 53 closed out — a net gain of 50 holders — while 135 added to existing stakes and 140 trimmed.
The largest buyer was Vanguard Group, adding an estimated $85M. The largest seller was SRS Investment Management, cutting an estimated $146M.
- 437 institutional investors held TripAdvisor (TRIP) as of Q4 2018, up from 391 in Q3 2018.
- Funds reported $6.58B of TripAdvisor stock for Q4 2018, up 4.4% quarter-over-quarter.
- 103 funds opened new TripAdvisor positions in Q4 2018 and 53 closed out, a net change of +50 holders.
- The largest TripAdvisor buyer in Q4 2018 was Vanguard Group, an estimated $85M added.
- The largest TripAdvisor seller in Q4 2018 was SRS Investment Management, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2018.