TripAdvisor
TRIP
352 hedge funds and large institutions have $3.22B invested in TripAdvisor in 2019 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 123 increasing their positions, 109 reducing their positions, and 62 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 109
8% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 62
1% less funds holding
Funds holding: 355 → 352 (-3)
9.44% less ownership
Funds ownership: 93.15% → 83.72% (-9.4%)
29% less capital invested
Capital invested by funds: $4.56B → $3.22B (-$1.34B)
36% less call options, than puts
Call options by funds: $80.3M | Put options by funds: $126M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$158M |
| 2 |
Renaissance Technologies
New York
|
+$57.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$38.9M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$36.8M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$288M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$249M |
| 3 |
BCM
Bares Capital Management
Austin,
Texas
|
-$127M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$87.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$64.9M |
TRIP Hedge Fund Activity: Q4 2019 in Review
352 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2019, worth a combined $3.22B — down 29% from $4.56B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new TRIP positions and 62 closed out — a net gain of 5 holders — while 123 added to existing stakes and 109 trimmed.
The largest buyer was BlackRock, adding an estimated $158M. The largest seller was Wellington Management Group, exiting entirely with an estimated $288M sold.
- 352 institutional investors held TripAdvisor (TRIP) as of Q4 2019, down from 355 in Q3 2019.
- Funds reported $3.22B of TripAdvisor stock for Q4 2019, down 29% quarter-over-quarter.
- 67 funds opened new TripAdvisor positions in Q4 2019 and 62 closed out, a net change of +5 holders.
- The largest TripAdvisor buyer in Q4 2019 was BlackRock, an estimated $158M added.
- The largest TripAdvisor seller in Q4 2019 was Wellington Management Group, an estimated $288M sold.
Based on aggregated 13F filings for Q4 2019.