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TripAdvisor

285 hedge funds and large institutions have $2.81B invested in TripAdvisor in 2020 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 63 increasing their positions, 92 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

179% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 29

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

53% more capital invested

Capital invested by funds: $1.83B → $2.81B (+$975M)

21% more funds holding

Funds holding: 236285 (+49)

3.23% more ownership

Funds ownership: 76.99%80.21% (+3.2%)

8% more call options, than puts

Call options by funds: $338M | Put options by funds: $312M

32% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 92

Holders
285
Holders Change
+49
Holders Change %
+20.76%
% of All Funds
5.04%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.12%
New
81
Increased
63
Reduced
92
Closed
29
Calls
$338M
Puts
$312M
Net Calls
+$25.4M
Net Calls Change
+$129M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$337M +$79.1M +3,287,650 +39%
BlackRock
2
BlackRock
New York
$238M +$5.4M +224,268 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$229M -$6.16M -255,761 -3%
WRCM
4
Whale Rock Capital Management
Massachusetts
$155M +$130M +5,397,454 New
Renaissance Technologies
5
Renaissance Technologies
New York
$119M -$39.9M -1,657,877 -29%
Fidelity International
6
Fidelity International
Bermuda
$112M -$4.32M -179,538 -4%
PCH
7
Polar Capital Holdings
United Kingdom
$102M +$85.1M +3,534,352 New
SEP
8
Soma Equity Partners
California
$86.3M +$48.1M +2,000,000 +200%
TCMI
9
Technology Crossover Management IX
California
$65.6M
State Street
10
State Street
Massachusetts
$64.9M +$269K +11,166 +0.5%
Bank of America
11
Bank of America
North Carolina
$64.3M +$6.55M +272,213 +14%
Allianz Asset Management
12
Allianz Asset Management
Germany
$63.5M +$4.03M +167,475 +8%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$53.3M -$18.4M -765,985 -29%
N
14
Nuveen
North Carolina
$43.8M +$18.2M +757,847 +99%
Two Sigma Investments
15
Two Sigma Investments
New York
$43.3M +$15.6M +649,523 +76%
PCM
16
Penserra Capital Management
California
$41.4M +$11.2M +463,599 +48%
Two Sigma Advisers
17
Two Sigma Advisers
New York
$39M +$903K +37,500 +3%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$36.1M +$1.73M +71,738 +6%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$36M -$824K -34,228 -3%
Norges Bank
20
Norges Bank
Norway
$31.2M -$236K -9,815 -0.9%
PAMU
21
Pictet Asset Management (UK)
United Kingdom
$28.5M -$5.22M -216,838 -18%
Invesco
22
Invesco
Georgia
$28.1M +$7.86M +326,692 +50%
Goldman Sachs
23
Goldman Sachs
New York
$27.2M +$6.95M +288,632 +44%
Millennium Management
24
Millennium Management
New York
$26.4M +$14.9M +620,712 +210%
Jane Street
25
Jane Street
New York
$24.7M +$5.47M +227,284 +36%

TRIP Hedge Fund Activity: Q4 2020 in Review

285 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q4 2020, worth a combined $2.81B — up 53% from $1.83B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new TRIP positions and 29 closed out — a net gain of 52 holders — while 63 added to existing stakes and 92 trimmed.

The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $130M. The largest seller was Eagle Capital Management (New York), cutting an estimated $185M.

  • 285 institutional investors held TripAdvisor (TRIP) as of Q4 2020, up from 236 in Q3 2020.
  • Funds reported $2.81B of TripAdvisor stock for Q4 2020, up 53% quarter-over-quarter.
  • 81 funds opened new TripAdvisor positions in Q4 2020 and 29 closed out, a net change of +52 holders.
  • The largest TripAdvisor buyer in Q4 2020 was Whale Rock Capital Management, an estimated $130M added.
  • The largest TripAdvisor seller in Q4 2020 was Eagle Capital Management (New York), an estimated $185M sold.

Based on aggregated 13F filings for Q4 2020.