TripAdvisor
TRIP
315 hedge funds and large institutions have $4.04B invested in TripAdvisor in 2021 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 120 increasing their positions, 84 reducing their positions, and 65 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 84
8% less call options, than puts
Call options by funds: $462M | Put options by funds: $503M
4% less funds holding
Funds holding: 328 → 315 (-13)
4.45% less ownership
Funds ownership: 85.17% → 80.72% (-4.5%)
17% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 65
28% less capital invested
Capital invested by funds: $5.59B → $4.04B (-$1.55B)
60% less funds holding in top 10
Funds holding in top 10: 15 → 6 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$102M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$85.6M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$55.6M |
| 4 |
Two Sigma Investments
New York
|
+$50.4M |
| 5 |
BlackRock
New York
|
+$42.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$89.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$74.2M |
| 3 |
Renaissance Technologies
New York
|
-$67.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$55M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$53.1M |
TRIP Hedge Fund Activity: Q2 2021 in Review
315 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q2 2021, worth a combined $4.04B — down 28% from $5.59B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of TRIP and 54 opened new positions — a net loss of 11 holders — while 84 trimmed existing stakes and 120 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $102M. The largest seller was Whale Rock Capital Management, cutting an estimated $89.1M.
- 315 institutional investors held TripAdvisor (TRIP) as of Q2 2021, down from 328 in Q1 2021.
- Funds reported $4.04B of TripAdvisor stock for Q2 2021, down 28% quarter-over-quarter.
- 54 funds opened new TripAdvisor positions in Q2 2021 and 65 closed out, a net change of -11 holders.
- The largest TripAdvisor buyer in Q2 2021 was D.E. Shaw & Co, an estimated $102M added.
- The largest TripAdvisor seller in Q2 2021 was Whale Rock Capital Management, an estimated $89.1M sold.
Based on aggregated 13F filings for Q2 2021.