TripAdvisor
TRIP
406 hedge funds and large institutions have $6.27B invested in TripAdvisor in 2019 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 148 increasing their positions, 127 reducing their positions, and 93 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 127
0.42% less ownership
Funds ownership: 97.58% → 97.16% (-0.42%)
5% less capital invested
Capital invested by funds: $6.58B → $6.27B (-$306M)
7% less funds holding
Funds holding: 437 → 406 (-31)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
31% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 93
48% less call options, than puts
Call options by funds: $54.1M | Put options by funds: $104M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$208M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$53.1M |
| 3 |
HLC
Hunt Lane Capital
New York
|
+$40M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.8M |
| 5 |
Bank of New York Mellon
New York
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$94.2M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$93.4M |
| 3 |
Morgan Stanley
New York
|
-$88.9M |
| 4 |
Renaissance Technologies
New York
|
-$83.1M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$60.8M |
TRIP Hedge Fund Activity: Q1 2019 in Review
406 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2019, worth a combined $6.27B — down 4.7% from $6.58B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of TRIP and 64 opened new positions — a net loss of 29 holders — while 127 trimmed existing stakes and 148 added.
The largest buyer was AQR Capital Management, adding an estimated $208M. The largest seller was Millennium Management, exiting entirely with an estimated $94.2M sold.
- 406 institutional investors held TripAdvisor (TRIP) as of Q1 2019, down from 437 in Q4 2018.
- Funds reported $6.27B of TripAdvisor stock for Q1 2019, down 4.7% quarter-over-quarter.
- 64 funds opened new TripAdvisor positions in Q1 2019 and 93 closed out, a net change of -29 holders.
- The largest TripAdvisor buyer in Q1 2019 was AQR Capital Management, an estimated $208M added.
- The largest TripAdvisor seller in Q1 2019 was Millennium Management, an estimated $94.2M sold.
Based on aggregated 13F filings for Q1 2019.