TripAdvisor
TRIP
355 hedge funds and large institutions have $4.56B invested in TripAdvisor in 2019 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 116 increasing their positions, 126 reducing their positions, and 61 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 126
2.75% less ownership
Funds ownership: 95.9% → 93.15% (-2.7%)
5% less funds holding
Funds holding: 375 → 355 (-20)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less capital invested
Capital invested by funds: $5.6B → $4.56B (-$1.05B)
30% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 61
34% less call options, than puts
Call options by funds: $84.5M | Put options by funds: $129M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$54.1M |
| 2 |
Renaissance Technologies
New York
|
+$46.4M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$38.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$33.3M |
| 5 |
IGM
Incline Global Management
New York
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$78.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$61.2M |
| 3 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$48M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$41.3M |
| 5 |
SIM
SRS Investment Management
New York
|
-$36.2M |
TRIP Hedge Fund Activity: Q3 2019 in Review
355 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2019, worth a combined $4.56B — down 19% from $5.6B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TRIP and 43 opened new positions — a net loss of 18 holders — while 126 trimmed existing stakes and 116 added.
The largest buyer was Pictet Asset Management (UK), adding an estimated $54.1M. The largest seller was Jackson Square Partners, cutting an estimated $78.3M.
- 355 institutional investors held TripAdvisor (TRIP) as of Q3 2019, down from 375 in Q2 2019.
- Funds reported $4.56B of TripAdvisor stock for Q3 2019, down 19% quarter-over-quarter.
- 43 funds opened new TripAdvisor positions in Q3 2019 and 61 closed out, a net change of -18 holders.
- The largest TripAdvisor buyer in Q3 2019 was Pictet Asset Management (UK), an estimated $54.1M added.
- The largest TripAdvisor seller in Q3 2019 was Jackson Square Partners, an estimated $78.3M sold.
Based on aggregated 13F filings for Q3 2019.