TripAdvisor
TRIP
301 hedge funds and large institutions have $3.24B invested in TripAdvisor in 2021 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 95 increasing their positions, 99 reducing their positions, and 61 closing their positions.
14% more call options, than puts
Call options by funds: $351M | Put options by funds: $309M
4% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 99
3.89% less ownership
Funds ownership: 80.72% → 76.83% (-3.9%)
4% less funds holding
Funds holding: 315 → 301 (-14)
16% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 61
20% less capital invested
Capital invested by funds: $4.04B → $3.24B (-$796M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$38.1M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$36.1M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$33.1M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$27.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$155M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$40.1M |
| 3 |
BlackRock
New York
|
-$39.5M |
| 4 |
SIG
Senator Investment Group
New York
|
-$34.7M |
| 5 |
CAM
Contour Asset Management
New York
|
-$33.9M |
TRIP Hedge Fund Activity: Q3 2021 in Review
301 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q3 2021, worth a combined $3.24B — down 20% from $4.04B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TRIP and 51 opened new positions — a net loss of 10 holders — while 99 trimmed existing stakes and 95 added.
The largest buyer was Invesco, adding an estimated $38.1M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $155M sold.
- 301 institutional investors held TripAdvisor (TRIP) as of Q3 2021, down from 315 in Q2 2021.
- Funds reported $3.24B of TripAdvisor stock for Q3 2021, down 20% quarter-over-quarter.
- 51 funds opened new TripAdvisor positions in Q3 2021 and 61 closed out, a net change of -10 holders.
- The largest TripAdvisor buyer in Q3 2021 was Invesco, an estimated $38.1M added.
- The largest TripAdvisor seller in Q3 2021 was Whale Rock Capital Management, an estimated $155M sold.
Based on aggregated 13F filings for Q3 2021.